NOT LISTED FOR SALE

1177 Wellesley Ave Unit 202 Los Angeles, CA 90049

Brentwood Neighborhood

Estimated Value: $1,439,000 - $1,809,000

3 Beds
4 Baths
2,050 Sq Ft
5,227 Sq Ft Lot

Last Sold December 23, 2013

Last sale price $975,000 $476 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $9,735/month

Highlights

  • Penthouse
  • Living Room with Fireplace
  • Subterranean Parking
  • City Lights View
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of April 2019

Dramatic NY Loft Style 2-level Townhome. Spacious townhome style unit in small 4-unit complex. Spiral staircase leads to great room w/ marble FP, hardwood floors, spacious balcony. Very sunny & bright S/W exp! Spacious gourmet kitchen w/ SS appliances, granite tops, cherry cabinets, & built-in wine storage. Private master w/ FP, walk-in closet, marble spa tub, sep. shower & more. Gated garaged 2 tandem parking, guest parking & extra storage. Location! Walking distance to Brentwood and Santa Monica restaurants and businesses. Central HEPA air filter, air purifier and customized wood shelves. Loft feel with very large living area.

Last Agent to Rent the Property

Joshua Barre

Westside Property Management Inc. License #01222605 Listed on: 11/28/2018

Last Renter's Agent

Tyler Schubert

License #02011791

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,276

Year Built

  • Built in 2002

Lot Details

  • 5,227

Home Design

  • Penthouse

Interior Spaces

  • 2,050 Sq Ft Home
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,795
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4264-020-043

Condo Details

Home Type

Condominium

Est. Annual Taxes

$14,276

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Security Deposit: 5795
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Unknown
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: Dramatic NY Loft Style 2-level Townhome. Spacious townhome style unit in small 4-unit complex. Spiral staircase leads to great room w/ marble FP, hardwood floors, spacious balcony. Very sunny & bright S/W exp! Spacious gourmet kitchen w/ SS appliances, granite tops, cherry cabinets, & built-in wine storage. Private master w/ FP, walk-in closet, marble spa tub, sep. shower & more. Gated garaged 2 tandem parking, guest parking & extra storage. Location! Walking distance to Brentwood and Santa Monica restaurants and businesses. Central HEPA air filter, air purifier and customized wood shelves. Loft feel with very large living area.
  • Lease Terms: 1+Year
  • Living Area: 2050
  • Year Built: 2002
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Door Opener, Subterr Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4264-020-043
  • Geocode Override: No
  • Lot Size Area: 5299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2017
Sold by
Malik Ardsalan
Bought by
Malik Arsalan and Arsalan Malik Living Trust
Current Estimated Value
$1,568,291

Purchase Details

Closed on
Nov 8, 2016
Sold by
Malik Arsalan
Bought by
Mallk Arsalan and The Arsalan Malik Living Trust

Purchase Details

Listed on
Nov 20, 2013
Closed on
Dec 17, 2013
Sold by
Ahmad Amna
Bought by
Malik Arsalan
Seller's Agent
Jack Bitton
Power Brokers
Buyer's Agent
Jack Bitton
Power Brokers
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Listed on
Nov 20, 2013
Closed on
Dec 12, 2013
Sold by
Ramakrishnan Niranjan
Bought by
Malik Arsakab
Seller's Agent
Jack Bitton
Power Brokers
Buyer's Agent
Jack Bitton
Power Brokers
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%

Purchase Details

Closed on
May 15, 2007
Sold by
Shoaf Pamela Y
Bought by
Ramakrishnan Niranjan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Wellesley Avenue Llc
Bought by
Shoaf Pamela Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Interest Rate
5.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Malik Arsalan -- None Available
Mallk Arsalan -- None Available
Malik Arsalan -- None Available
Malik Arsakab $975,000 None Available
Ramakrishnan Niranjan -- Equity Title Company
Shoaf Pamela Y $669,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arsalan Malik Living Trust $610,000
Previous Owner Ramakrishnan Niranjan $772,000
Previous Owner Shoaf Pamela Y $200,000
Previous Owner Shoaf Pamela Y $529,250
Previous Owner Shoaf Pamela Y $534,500
Previous Owner Shoaf Pamela Y $535,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Rented $4,950 0.0% --
03/31/2019 03/31/19 Off Market $4,950 -- --
03/07/2019 03/07/19 Price Changed $4,950 -5.7% $2 / Sq Ft
02/01/2019 02/01/19 Price Changed $5,250 -4.5% $3 / Sq Ft
01/30/2019 01/30/19 Price Changed $5,495 -1.8% $3 / Sq Ft
01/02/2019 01/02/19 Price Changed $5,595 -3.5% $3 / Sq Ft
11/28/2018 11/28/18 For Rent $5,795 0.0% --
12/23/2013 12/23/13 Sold $975,000 -2.0% $448 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $995,000 0.0% $457 / Sq Ft
01/11/2013 01/11/13 Rented $3,850 -3.8% --
01/09/2013 01/09/13 Under Contract -- -- --
12/21/2012 12/21/12 For Rent $4,000 -- --
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 $14,276 $1,195,206 $785,282 $409,924
2024 $14,276 $1,171,772 $769,885 $401,887
2023 $14,000 $1,148,797 $754,790 $394,007
2022 $13,347 $1,126,273 $739,991 $386,282
2021 $13,178 $1,104,190 $725,482 $378,708
2019 $12,781 $1,071,441 $703,965 $367,476
2018 $12,663 $1,050,433 $690,162 $360,271
2016 $12,102 $1,009,645 $663,363 $346,282
2015 $11,923 $994,480 $653,399 $341,081
2014 $12,045 $975,000 $640,600 $334,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-411450

The MLS

APN: 4264-020-043