NOT LISTED FOR SALE

Estimated Value: $2,977,000 - $3,195,000

3 Beds
4 Baths
2,984 Sq Ft
$3,979/mo HOA Fee

Last Sold August 18, 2023

Last sale price $2,875,000 $963 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $23,921/month

264 Days on Market

Highlights

  • Concierge
  • Ocean View
  • 24-Hour Security
  • Fairburn Avenue Elementary Rated A
  • Fitness Center
  • Heated In Ground Pool

About This Home

As of August 2023

When you enter this exceptional unit from your private elevator you are greeted with stunning views from Downtown L.A. all the way to the Ocean. This unrivaled opportunity to purchase at THE WILSHIRE is a coveted rear facing southwest corner residence. With a generous 2,984 S/F floorplan this three-bedroom, four-bathroom plus a huge flex space off the master suite, is completely remodeled. The residence offers a great open living and dining room area separated by a stone fireplace focal point. Boasting tall ceilings, an array of windows with excellent natural light that overlooks breathtaking city views, a large balcony, gorgeous hardwood floors throughout and state-of-the-art appliances. This fully professionally designed unit was completed with exceptional quality and elegance for today's modern lifestyle. The unit boasts a luxury integrated Bang & Olufsen speaker/media system throughout. The primary suite features dual segregated walk-in closets and an oversized tub. The spacious kitchen features custom-made cabinets, a breakfast area, and smart home custom shades with automatic blinds. Enjoy the best of the best in this white glove luxury building on the Wilshire corridor with high-end amenities which include a 24/7 valet, security, large gym, pool, spa, conference room, and personal temperature-controlled wine storage. Direct elevator entry from the lobby to your foyer. Buyer will accept current tenants in place if purchased. Select photos are virtually staged and indicated accordingly.

Last Listed By

Rick Tyberg

Douglas Elliman License #02076436 Listed on: 08/16/2022

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,653

Year Built

  • Built in 1991

Lot Details

  • 1.06

HOA Fees

  • $3,979 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Circular Driveway
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Panoramic
  • Skyline

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,984 Sq Ft Home
  • Built-In Features
  • Electric Fireplace
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Heated In Ground Pool
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4326-035-144

Community Details

Overview

  • 97 Units
  • 27-Story Property

Amenities

  • Concierge
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,653

Year Built

Built in 1991

Lot Details

0

HOA Fees

$3,979 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Wilshire
  • Entry Floor: 7
  • Living Area: 2984
  • Lot Acreage: 1.0578
  • Planned Urban Dev: 0
  • Stories: 27
  • Unit Floor In Building: 7
  • Year Built: 1991
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Dining, Electric
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Garbage Disposal, Freezer, Elevator, Dryer, Dishwasher, Washer, Range/Oven
  • Price Per S Q F T: 988.61

Exterior Features

  • Pool Description: Heated And Filtered, Community
  • Pool: Yes
  • View: City, City Lights, Panoramic, Skyline, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Circular Driveway, Built-In Storage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Gated, Guarded

Association/Amenities

  • Amenities: Elevator, Exercise Room, Fitness Center, Controlled Access, Concierge, Banquet, Meeting Room, Security, Rec Multipurpose Rm, Pool, Gated Parking, Guest Parking, Card Room, Assoc Maintains Landscape
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 3979.48
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4326-035-144
  • Lot Size Area: 46076

Multi Family

  • Number Of Units: 97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Farahbaksh Tabandeh and Farahbaksh Bahram
Bought by
Gottlieb Family Trust and Gottlieb
Total Days on Market
264
Current Estimated Value
$3,046,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 24, 2016
Sold by
K Associates
Bought by
Farahbaksh Tabandeh and Pourmand Bahram
Seller's Agent
Jane Siegal
Coldwell Banker Realty
Buyer's Agent
Ramesh Yedidsion
Carolwood Estates
List Price
$2,545,000
Sold Price
$2,560,000
Premium/Discount to List
$15,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Mar 24, 1997
Sold by
Isenberg Leonard and Isenberg Bette J
Bought by
K Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
7.37%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Isenberg Leonard and Isenberg Bette J
Bought by
Isenberg Leonard and Isenberg Bette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.28%

Purchase Details

Closed on
Oct 7, 1994
Sold by
Thayer Ltd
Bought by
Isenberg Leonard and Isenberg Bette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
8.7%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gottlieb Family Trust $2,875,000 California Best Title
Farahbaksh Tabandeh $2,560,000 None Available
K Associates -- Equity Title
Isenberg Leonard -- Southern California Title Co
Isenberg Leonard $1,170,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gottlieb Family Trust $523,649
Closed Gottlieb Family Trust $521,510
Closed Gottlieb Family Trust $521,510
Closed Gottlieb Family Trust $307,950
Previous Owner Gottlieb Family Trust $1,800,000
Previous Owner Farahbaksh Tabandeh $1,500,000
Previous Owner K Associates $935,000
Previous Owner K Associates $935,000
Previous Owner K Associates $935,000
Previous Owner K Associates $993,000
Previous Owner K Associates $1,035,000
Previous Owner Isenberg Leonard $100,000
Previous Owner Isenberg Leonard $605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $2,875,000 +18448.4% $963 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
12/19/2022 12/19/22 Rented $15,500 -6.1% --
11/02/2022 11/02/22 For Rent $16,500 0.0% --
08/16/2022 08/16/22 For Sale $2,950,000 +15.2% $989 / Sq Ft
08/29/2016 08/29/16 Sold $2,560,000 +0.6% $858 / Sq Ft
07/20/2016 07/20/16 For Sale $2,545,000 -- $853 / Sq Ft
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 $34,653 $2,875,000 $1,000,000 $1,875,000
2023 $34,501 $2,855,723 $1,968,219 $887,504
2022 $32,878 $2,799,729 $1,929,627 $870,102
2021 $32,479 $2,744,834 $1,891,792 $853,042
2019 $31,494 $2,663,423 $1,835,681 $827,742
2018 $31,443 $2,611,200 $1,799,688 $811,512
2016 $22,796 $1,898,645 $1,348,316 $550,329
2015 $22,459 $1,870,127 $1,328,064 $542,063
2014 $22,521 $1,833,495 $1,302,050 $531,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-188331

The MLS

APN: 4326-035-144