$429,000
SOLD APR 18, 2014
1 Bed
1.5 Baths
853 Sq Ft
0.41 Acres

Recently Sold

$503 Per Sq Ft

14% Below List Price

185 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gated Parking
  • Warner Avenue Elementary Rated A
  • In Ground Pool
  • City Lights View

About This Home

As of January 2022

High atop the Wilshire Corridor sits this tastefully remodeled 1BD/1.5BA penthouse. Take in the city below as you enjoy rich wood floors throughout, a kitchen with granite counter tops, stainless steel appliances and separate tub and shower in the master bath. The building boasts an elegant lobby, complete with 24-hour concierge service, along with a pool, sauna and outdoor entertaining area. All of this, plus moments from UCLA/Westwood Village and some of the lowest HOA dues on the entire Corridor make this home a hidden treasure not to be missed.

Last Agent to Sell the Property

Donald Heller

Christie's International Real Estate SoCal License #01198240 Listed on: 09/27/2013

Christie's International Real Estate SoCal

Co-Listed By

Joanne Lindsay

Compass License #00768062

Last Buyer's Agent

Scott McIntosh

Coldwell Banker Realty License #01759826

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,893

Year Built

  • Built in 1972 | Remodeled

Home Design

  • Contemporary Architecture

Interior Spaces

  • 853 Sq Ft Home
  • Living Room
  • Dining Area
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Powder Room
  • 1.5 Bathrooms

Parking

  • 1 Parking Space
  • Gated Parking
  • Parking Garage Space

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4360-004-185

Community Details

Overview

  • 90 Units

Amenities

  • Concierge
  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

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

$7,893

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Wilshire Selby Towers West
  • Entry Floor: 14
  • Living Area: 853
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 14
  • Year Built: 1972
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 1
  • Fireplaces: 0
  • Common Walls: Attached
  • Bathroom Features: Powder Room
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.50
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 502.93

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: East
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Gated Parking, Pool, Sauna
  • Pet Rules: Call

Condo/Co-op/Association

  • High Rise: Concierge
  • HOA Fees: 600.00
  • Unit Location: Side

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4360-004-185
  • Geocode Override: No
  • Lot Size Area: 17794

Multi Family

  • Number Of Units: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 29, 2021
Sold by
Laackman Donald J and Laackman Allyson
Bought by
Dennison Tyler Houston
Seller's Agent
Scott McIntosh
Coldwell Banker Realty
Buyer's Agent
Natasha Gwilt
eXp Realty of California Inc
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$693,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,422
Avg. Annual Appreciation
3.54%
Original Mortgage
$625,000
Outstanding Balance
$577,266
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$130,107

Purchase Details

Listed on
Sep 27, 2013
Closed on
Apr 2, 2014
Sold by
Madison Real Estate Investments Inc
Bought by
Laackman Donald J and Laackman Allyson
Seller's Agent
Donald Heller
Christie's International Real Estate SoCal
Buyer's Agent
Scott McIntosh
Coldwell Banker Realty
List Price
$499,000
Sold Price
$429,000
Premium/Discount to List
-$70,000
-14.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Spradlin William
Bought by
Madison Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bernstein Joan
Bought by
Spradlin William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.66%

Purchase Details

Closed on
Oct 8, 1993
Sold by
Appleton Angelika and Klein George
Bought by
Bernstein Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.94%
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 Type Sale Price Title Company
Grant Deed $625,000 Equity Title
Grant Deed $429,000 California Title Company
Trustee Deed $361,000 None Available
Grant Deed $255,000 Equity Title Company
Individual Deed $155,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $625,000 VA
Previous Owner $1,500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $70,000 Credit Line Revolving
Previous Owner $326,000 Negative Amortization
Previous Owner $167,000 Credit Line Revolving
Previous Owner $238,000 Unknown
Previous Owner $191,250 No Value Available
Previous Owner $147,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $625,000 -3.7% $733 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $649,000 +51.3% $761 / Sq Ft
04/18/2014 04/18/14 Sold $429,000 0.0% $503 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
01/15/2014 01/15/14 Price Changed $429,000 -6.5% $503 / Sq Ft
11/20/2013 11/20/13 Price Changed $459,000 -4.2% $538 / Sq Ft
10/29/2013 10/29/13 Price Changed $479,000 -4.0% $562 / Sq Ft
09/27/2013 09/27/13 For Sale $499,000 -- $585 / 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 $7,893 $663,253 $371,741 $291,512
2024 $7,893 $650,249 $364,452 $285,797
2023 $7,742 $637,500 $357,306 $280,194
2022 $5,871 $495,556 $293,983 $201,573
2021 $5,795 $485,840 $288,219 $197,621
2020 $5,855 $480,859 $285,264 $195,595
2019 $5,620 $471,431 $279,671 $191,760
2018 $5,613 $462,188 $274,188 $188,000
2016 $5,367 $444,242 $263,542 $180,700
2015 $5,287 $437,570 $259,584 $177,986
2014 $5,091 $411,000 $211,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-706763

The MLS

APN: 4360-004-185