Seller's Agent in 2022
Archie Robb
Keller Williams Realty La Canada Flintridge
(213) 239-3392
1 in this area
42 Total Sales
We are pleased to present 11027-11037 Strathmore Drive, a 12-unit Spanish Colonial Revival courtyard style apartment located in the heart of Westwood (90024) and just 2 blocks from the UCLA campus. 11027 Strathmore Drive, built in 1939, has been owned and operated by the same family for more than 50 years and offers the next steward of this asset a rare opportunity to acquire an architectural income property which can be operated as student housing, corporate short-term rentals (30 day +) or as a traditional rental property. Two units will be delivered vacant at the close of escrow allowing for an owner-user to occupy a unit in one of the strongest and most stable rental markets with historically low vacancy and long-term appreciation. The Westwood Village submarket continues to be one of the most desirable neighborhoods in Los Angeles. An exceptional unit composition consists of SEVEN (7) One Bedroom | One Bathrooms, FOUR (4) Single Units, and ONE (1) Two Bedroom | One Bathroom for a total of 12 units. The asset, built in 1939, was designed by Joseph J. Rees and consists of 7,884 SF on a prominent 7,127 SF parcel with R4 Zoning. Rees designed or engineered over 100 buildings in the Los Angeles area including historical monuments such as The Sycamore Chateau, The Fine Arts Cinema in Beverly Hills, The Selma Las Palmas Courtyard Apartments, and much more.Common areas consist of a beautiful courtyard with trees that provide shade on a sunny day or refuge from the rain. Adding delight to this building are the separate private patios associated with a few of the units. Parking is provided for 8 vehicles.
Last Agent to Sell the Property
Keller Williams Realty La Canada Flintridge License #02002291 Listed on: 10/17/2022
Last Buyer's Agent
Outside Agent
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,650,000 | Lawyers Title | ||
| -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2022 11/09/22 | Sold | $5,650,000 | -22.1% | $717 / Sq Ft |
| 11/07/2022 11/07/22 | Pending | -- | -- | -- |
| 10/17/2022 10/17/22 | For Sale | $7,250,000 | -- | $920 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $71,320 | $5,878,260 | $4,109,580 | $1,768,680 |
| 2024 | $70,552 | $5,763,000 | $4,029,000 | $1,734,000 |
| 2023 | $69,184 | $5,650,000 | $3,950,000 | $1,700,000 |
| 2022 | $4,871 | $303,990 | $163,775 | $140,215 |
| 2021 | $4,767 | $298,030 | $160,564 | $137,466 |
| 2019 | $4,654 | $290,872 | $155,802 | $135,070 |
| 2018 | $4,552 | $285,203 | $152,748 | $132,455 |
| 2016 | $4,246 | $272,515 | $146,817 | $125,698 |
| 2015 | $4,198 | $268,422 | $144,612 | $123,810 |
| 2014 | $4,293 | $263,165 | $141,780 | $121,385 |
Seller's Agent in 2022
Archie Robb
Keller Williams Realty La Canada Flintridge
(213) 239-3392
1 in this area
42 Total Sales
Seller Co-Listing Agent in 2022
Rich Johns
KW Commercial Studio City
(818) 432-1575
1 in this area
36 Total Sales
O
Buyer's Agent in 2022
Outside Agent
Source: The MLS
MLS Number: 22-209665
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