NOT LISTED FOR SALE

10670 Wellworth Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $6,705,000 - $8,881,000

5 Beds
6 Baths
5,770 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold November 12, 2018

Last sale price $5,200,000 $901 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $45,179/month

184 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Marble Flooring
  • Fairburn Avenue Elementary Rated A
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture

About This Home

As of November 2018

Modern transitional masterpiece Mediterranean villa inspired by Hollywood Glamour, situated on a rare oversized corner lot which distinguishes itself among new custom homes. The villa consists of 5 bedroom, 6 bath and a detached guest house. Upon entry you are greeted with a grand foyer and soaring ceilings with a hand painted dome. The main level offers wonderful spaces for entertaining with a large open floor plan, dining room, family room, formal living room, gourmet kitchen, office. The sweeping staircase leads you to the upper level which features a master bedroom with fireplace, private terraces, master bath with round spa tub, steamed shower... and three additional en suite bedrooms all with their own private balcony. Beautiful private back yard with a salt water pool and spa, BBQ, fire pit, sitting areas, a large covered patio and extensive mature trees enclose this one-of-a kind gem.

Last Agent to Sell the Property

Valerie Cuny

Compass License #01084147 Listed on: 05/11/2018

Compass

Last Buyer's Agent

Tim Byrne

Compass License #01186465

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,981

Year Built

  • Built in 2014

Lot Details

  • 10,010 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,770 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Home Gym
  • Alarm System
  • Property Views

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Waterfall Pool Feature
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Phone System

Additional Features

  • Outdoor Grill
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4326-010-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,981

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 5770
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Marble, Mixed
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 914.38

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated, Private, Safety Fence, Salt/Saline, Waterfall
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4326-010-021
  • Geocode Override: No
  • Lot Size Area: 10010

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Sep 14, 2018
Sold by
Ouaknine Joe and Ouaknine Angelique
Bought by
Cohan Baryy and Cohan Homa
Seller's Agent
Valerie Cuny
Compass
Buyer's Agent
Tim Byrne
Compass
List Price
$5,276,000
Sold Price
$5,200,000
Premium/Discount to List
-$76,000
-1.44%
Current Estimated Value
$7,533,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,333,333
Avg. Annual Appreciation
5.47%
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 3, 2018
Sold by
Ouaknine Joe and Ouaknine Angelique
Bought by
Ouaknine Joe and Ouaknine Angelique

Purchase Details

Closed on
Mar 10, 2015
Sold by
Balakhani Shahram
Bought by
Ovaknine Joe and Ovaknine Angelique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 18, 2012
Closed on
Aug 27, 2012
Sold by
Moalemi Nazila
Bought by
Balakhani Shahram
Seller's Agent
Wendy Kirshner
Rodeo Realty- Brentwood
Buyer's Agent
Omid Broukhim
MIP Investment Corp
List Price
$1,350,000
Sold Price
$1,220,000
Premium/Discount to List
-$130,000
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Samuelson Marcella S and Samuelson Separate Marcella S
Bought by
Balakhani Shahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2012
Sold by
Samuelson Marcella S
Bought by
Samuelson Marcella S and Samuelson Separate Marcella S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Interest Rate
3.49%
Mortgage Type
New Conventional
Source: Public Records

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
Cohan Baryy $5,200,000 Equity Title Los Angeles
Ouaknine Joe -- None Available
Ovaknine Joe $4,626,000 Equity Title
Balakhani Shahram -- Equity Title Company
Balakhani Shahram $1,220,000 Equity Title Company
Samuelson Marcella S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohan Baryy $250,000
Previous Owner Ovaknine Joe $3,000,000
Previous Owner Balakhani Shahram $976,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2018 11/12/18 Sold $5,200,000 0.0% $901 / Sq Ft
08/13/2018 08/13/18 Off Market $5,200,000 -- --
05/11/2018 05/11/18 For Sale $5,276,000 +332.5% $914 / Sq Ft
08/31/2012 08/31/12 Sold $1,220,000 -9.6% $587 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $1,350,000 -- $649 / 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
2025 $68,981 $5,800,694 $2,936,713 $2,863,981
2024 $68,981 $5,686,956 $2,879,131 $2,807,825
2023 $67,631 $5,575,448 $2,822,678 $2,752,770
2022 $64,462 $5,466,127 $2,767,332 $2,698,795
2021 $63,686 $5,358,949 $2,713,071 $2,645,878
2019 $61,763 $5,200,000 $2,632,600 $2,567,400
2018 $58,995 $4,886,285 $2,932,194 $1,954,091
2016 $56,443 $4,696,546 $2,818,334 $1,878,212
2015 $22,079 $1,841,611 $1,229,532 $612,079
2014 -- $1,805,538 $1,205,448 $600,090
Source: Public Records

Agents Affiliated with this Home

  • Valerie Cuny

    Seller's Agent in 2018

    Valerie Cuny

    Compass

    (310) 529-5065

    22 Total Sales

    Valerie Cuny
    Section Image
  • Tim Byrne

    Buyer's Agent in 2018

    Tim Byrne

    Compass

    (310) 801-3442

    47 Total Sales

    Tim Byrne
    Section Image
  • Lisa Feucht

    Buyer Co-Listing Agent in 2018

    Lisa Feucht

    Compass

    (949) 374-6601

    16 Total Sales

    Lisa Feucht
    Section Image

  • W

    Seller's Agent in 2012

    Wendy Kirshner

    Rodeo Realty- Brentwood

    Section Image

  • O

    Buyer's Agent in 2012

    Omid Broukhim

    MIP Investment Corp

    Section Image
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Map

Source: The MLS

MLS Number: 18-342514

The MLS

APN: 4326-010-021

California Los Angeles County Los Angeles 90024 Westwood

10670 Wellworth Ave, Los Angeles, CA

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