$2,100,000
SOLD NOV 19, 2024
3 Beds
2 Baths
2,151 Sq Ft
7,194 Sq Ft Lot

Recently Sold

$976 Per Sq Ft

8% Below List Price

15 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • No HOA
  • Fairburn Avenue Elementary Rated A
  • Spanish Architecture
  • Den

About This Home

As of November 2024

Welcome to 10509 Wilkins Avenue, a rare development opportunity nestled in the heart of Westwood. This 3-bedroom, 2-bathroom home offers endless potential, whether you're envisioning a new construction project or a complete remodel that preserves its charming 1929 Spanish exterior. Set on a generous 7,193 square-foot lot, the large backyard features a grassy area, perfect for outdoor living, with plenty of room to add a pool. A detached 2-car garage offers the potential for an ADU, enhancing the property's versatility. Just moments from Beverly Hills and Century City, you'll enjoy easy access to top-rated schools, dining, shopping, and cultural hubs, making it ideal for those seeking both convenience and community. On the market for the first time in 50 years, this Westwood gem is ready for its next chapter. Whether you're a developer or a homeowner with a vision, this property represents a prime opportunity to create something special in one of LA's most desirable neighborhoods.

Last Agent to Sell the Property

Drew Jacobson

The Agency License #01831497 Listed on: 10/03/2024

The Agency

Last Buyer's Agent

Drew Jacobson

The Agency License #01831497 Listed on: 10/03/2024

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 1929

Lot Details

  • 7,194 Sq Ft Lot
  • Lot Dimensions are 55x130
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,151 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Two Way Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4326-020-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to 10509 Wilkins Avenue, a rare development opportunity nestled in the heart of Westwood. This 3-bedroom, 2-bathroom home offers endless potential, whether you're envisioning a new construction project or a complete remodel that preserves its charming 1929 Spanish exterior. Set on a generous 7,193 square-foot lot, the large backyard features a grassy area, perfect for outdoor living, with plenty of room to add a pool. A detached 2-car garage offers the potential for an ADU, enhancing the property's versatility. Just moments from Beverly Hills and Century City, you'll enjoy easy access to top-rated schools, dining, shopping, and cultural hubs, making it ideal for those seeking both convenience and community. On the market for the first time in 50 years, this Westwood gem is ready for its next chapter.
  • Living Area: 2151
  • Lot Acreage: 0.1652
  • Lot Dimensions: 55x130
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Family Room, Two Way
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Range/Oven
  • Price Per S Q F T: 1066.95

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Detached
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4326-020-013
  • Lot Size Area: 7194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 21, 2024
Sold by
Ronald E Fields Revocable Trust and Fields Ronald E
Bought by
La23l Llc
Seller's Agent
Drew Jacobson
The Agency
Buyer's Agent
Drew Jacobson
The Agency
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
205.65%
Original Mortgage
$3,112,360
Outstanding Balance
$3,090,837
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
$1,398,381

Purchase Details

Closed on
Apr 25, 2016
Sold by
Fields Ronald E
Bought by
Fields Ronald E and The Ronald E Fields Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,850
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Fields Ronald E
Bought by
Fields Ronald E and Ronald E Fields Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,100,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,112,360 Construction
Previous Owner $241,850 New Conventional
Previous Owner $261,100 New Conventional
Previous Owner $305,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $5,025,000 +139.3% $1,250 / Sq Ft
11/19/2024 11/19/24 Sold $2,100,000 -8.5% $976 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $2,295,000 0.0% $1,067 / Sq Ft
09/04/2020 09/04/20 Rented $7,795 0.0% --
08/05/2020 08/05/20 For Rent $7,795 +19.9% --
09/04/2018 09/04/18 Rented $6,500 0.0% --
07/31/2018 07/31/18 Price Changed $6,500 -9.7% $3 / Sq Ft
07/19/2018 07/19/18 For Rent $7,200 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,858 $214,110 $138,906 $75,204
2023 $2,810 $209,913 $136,183 $73,730
2022 $2,692 $205,798 $133,513 $72,285
2021 $2,645 $201,764 $130,896 $70,868
2019 $2,570 $195,781 $127,014 $68,767
2018 $2,513 $191,943 $124,524 $67,419
2016 $2,384 $184,492 $119,690 $64,802
2015 $2,351 $181,722 $117,893 $63,829
2014 $2,369 $178,163 $115,584 $62,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-447011

The MLS

APN: 4326-020-013