NOT LISTED FOR SALE

Estimated Value: $893,372 - $1,067,000

2 Beds
2 Baths
1,224 Sq Ft
$414/mo HOA Fee

Last Sold July 19, 2017

Last sale price $870,000 $711 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,796/month

7 Days on Market

Highlights

  • Views of a landmark
  • Deck
  • Balcony
  • Warner Avenue Elementary Rated A
  • Wood Flooring
  • Front Porch

About This Home

As of July 2017

Richard Neutra, Architect :: The Strathmore Apartments, 1937. City of Los Angeles Historic Landmark No. 351. Located in the rolling hills just West of the UCLA campus, this intimate enclave of four flats was owned by the Neutra family for decades, with this front unit considered the most desirable in the complex. Organized around a lushly-landscaped central garden, each apartment is unique thanks to variety in plan, section and elevation. This 2 bedroom, 1-3/4 bath flat feels most like a single family home, with separate entrance, one small portion of common wall and full-length outdoor decks. Wall-to-wall steel casement windows, hardwood floors and bathroom tile are original, while electrical, plumbing and kitchen finishes have been compatibly redone. The design pedigree is complimented by serious social cachet, as famous residents over the years include Orson Welles, John Entenza, and Charles and Ray Eames. Mills Act reduces property taxes significantly. Own a piece of history!

Last Agent to Sell the Property

Brian Linder

Compass License #01248728 Listed on: 06/06/2017

Compass

Co-Listed By

William Baker

The Agency License #01931658

The Agency

Last Buyer's Agent

William Baker

The Agency License #01931658

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,147

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • East Facing Home
  • Landscaped
  • Historic Home

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Views of a landmark
  • Courtyard

Home Design

  • Stucco

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Security System Owned

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4363-015-038

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, insurance, maintenance paid
  • 4 Units

Amenities

  • Service Entrance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,147

Year Built

Built in 1937 | Remodeled

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Richard Neutra, Architect :: The Strathmore Apartments, 1937. City of Los Angeles Historic Landmark No. 351. Located in the rolling hills just West of the UCLA campus, this intimate enclave of four flats was owned by the Neutra family for decades, with this front unit considered the most desirable in the complex. Organized around a lushly-landscaped central garden, each apartment is unique thanks to variety in plan, section and elevation. This 2 bedroom, 1-3/4 bath flat feels most like a single family home, with separate entrance, one small portion of common wall and full-length outdoor decks. Wall-to-wall steel casement windows, hardwood floors and bathroom tile are original, while electrical, plumbing and kitchen finishes have been compatibly redone. The design pedigree is complimented by serious social cachet, as famous residents over the years include Orson Welles, John Entenza, and Charles and Ray Eames. Mills Act reduces property taxes significantly. Own a piece of history!
  • Complex Name: Strathmore Apartments
  • Entry Floor: 2
  • Entry Location: Ground Level w/steps
  • Living Area: 1224
  • Lot Dimensions: A.0.1819
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1937
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 665.85

Exterior Features

  • Balcony: Full-width
  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony, Historical
  • Tennis Court Y/N: No
  • Exposure: Eastern
  • Patio: Deck(s), Porch - Front
  • Pool: No
  • View: Courtyard, Landmark
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Window Unit(s)
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Condo/Co-op/Association

  • Assessments: None
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Insurance, Maintenance Paid
  • HOA Fees: 414.00
  • HOA: Yes
  • Unit Location: Front

Association/Amenities

  • Pet Rules: Assoc Pet Rules, Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4363-015-038
  • Geocode Override: No
  • Lot Description: Landscaped
  • Lot Size Area: 7924

Multi Family

  • Number Of Units: 4

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jul 5, 2017
Sold by
Margolis Daniel J and Daniel J A Margolis Living Tru
Bought by
Classen Susanne and Koneeny Gottfried E
Seller's Agent
Brian Linder
Compass
Buyer's Agent
William Baker
The Agency
List Price
$815,000
Sold Price
$870,000
Premium/Discount to List
$55,000
6.75%
Current Estimated Value
$935,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,121
Avg. Annual Appreciation
1.56%
Original Mortgage
$500,000
Outstanding Balance
$269,561
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$716,282

Purchase Details

Closed on
Oct 10, 2011
Sold by
Margolis Daniel J
Bought by
Margolis Daniel J and The Daniel J A Margolis Living

Purchase Details

Closed on
Sep 30, 2010
Sold by
Cherry Lin and Turkel Amy
Bought by
Margolis Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2008
Sold by
Stevens Bjorn Boris and Brose Andrea
Bought by
Cherry Lin and Turkel Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2006
Sold by
Stevens Bjorn and Brose Andrea
Bought by
Stevens Bjorn Boris and Brose Andrea

Purchase Details

Closed on
Nov 3, 2005
Sold by
Paulson Suzanne and Callahan Tyrone
Bought by
Stevens Bjorn and Brose Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2002
Sold by
Mundwiler Stephan and Lee Hyon Cara
Bought by
Paulson Suzanne and Callahan Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 24, 1997
Sold by
Neutra Dion Tr Dion Neutra Trust
Bought by
Mundwiler Stephen and Lee Hyon Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,600
Interest Rate
7.86%
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
Classen Susanne $870,000 Lawyers Title
Margolis Daniel J -- None Available
Margolis Daniel J $645,000 Lawyers Title
Cherry Lin $815,000 Fatcola
Stevens Bjorn Boris -- None Available
Stevens Bjorn -- Lawyers Title Ins
Paulson Suzanne $1,200,000 Southland Title
Mundwiler Stephen $552,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Classen Susanne $500,000
Previous Owner Margolis Daniel J $472,500
Previous Owner Cherry Lin $652,000
Previous Owner Stevens Bjorn $220,000
Previous Owner Paulson Suzanne $900,000
Previous Owner Mundwiler Stephen $441,600
Closed Mundwiler Stephen $50,000
Closed Paulson Suzanne $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $870,000 +6.7% $711 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $815,000 -- $666 / 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 $3,147 $254,400 $51,000 $203,400
2024 $3,147 $254,400 $51,000 $203,400
2023 $3,135 $254,400 $51,000 $203,400
2022 $3,051 $254,400 $51,000 $203,400
2021 $3,063 $254,400 $51,000 $203,400
2020 $3,466 $283,000 $236,000 $47,000
2019 $3,881 $283,000 $236,000 $47,000
2018 $3,522 $283,000 $236,000 $47,000
2016 $2,650 $218,000 $173,000 $45,000
2015 $2,650 $218,000 $173,000 $45,000
2014 $2,998 $218,000 $173,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-238632

The MLS

APN: 4363-015-038