NOT LISTED FOR SALE

Estimated Value: $2,080,000 - $3,350,000

8 Beds
6 Baths
4,786 Sq Ft
$555/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $2,600,000 $543 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $17,210/month

59 Days on Market

Highlights

  • French Architecture
  • 4 Car Attached Garage
  • West Facing Home
  • Canfield Avenue Elementary Rated A-
  • Laundry Facilities

About This Home

As of August 2021

We are pleased to present The Smithwood. Designed by renowned architect Arthur W Hawes, The Smithwood is a well preserved, French Normandy gem on a quiet, tree lined street. The unit mix consists of (2) 2+1 units & (2) 2+1.5 townhome units, there is a common area courtyard/front yard, and there are individual garages for each residence. Located one block W of Beverly Drive, between Pico & Olympic Boulevards, The Smithwood offers its residents a uniquely attractive, walk anywhere location, mere steps to many of Beverly Hills and surrounding area shops, restaurants and grocery stores. The Smithwoods unique architectural charm & character provides its residents with a sense of pride, in a warm, secure setting. This is a rare opportunity to own a one of a kind, pride of ownership asset in an ULTRA-PRIME location.

Last Agent to Sell the Property

Glenn Brander

Miller & Desatnik Realty Co. License #01020228 Listed on: 05/03/2021

Last Buyer's Agent

Glenn Brander

Miller & Desatnik Realty Co. License #01020228 Listed on: 05/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,105

Year Built

  • Built in 1935

Lot Details

  • 6,497 Sq Ft Lot
  • West Facing Home

Parking

  • 4 Car Attached Garage

Home Design

  • French Architecture

Interior Spaces

  • 4,786 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4330-026-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,105

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: French Normandy
  • Street Number Display: Yes
  • Living Area: 4786
  • Lot Acreage: 0.1491
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: Community
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 583.99

Exterior Features

  • Direction Faces: West
  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Lot Info

  • Assessor Parcel Number: 4330-026-040
  • Lot Size Area: 6497

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 23.47
  • Number Of Units: 4
  • Total Annual Expense: 51880
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Aug 17, 2021
Sold by
Brannan Matthew C
Bought by
1208 Smithwood Llc
Seller's Agent
Glenn Brander
Miller & Desatnik Realty Co.
Buyer's Agent
Glenn Brander
Miller & Desatnik Realty Co.
List Price
$2,795,000
Sold Price
$2,600,000
Premium/Discount to List
-$195,000
-6.98%
Current Estimated Value
$2,657,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,397
Avg. Annual Appreciation
2.16%
Original Mortgage
$1,560,000
Outstanding Balance
$1,421,538
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,412,103

Purchase Details

Closed on
Jun 7, 1994
Sold by
Horwitz Rose Felman
Bought by
Brannan Matthew C
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
1208 Smithwood Llc $2,600,000 North American Title Company
Brannan Matthew C $512,545 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1208 Smithwood Llc $1,560,000
Closed 1208 Smithwood Llc $1,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $2,600,000 -7.0% $543 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $2,795,000 -- $584 / 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 $33,105 $2,759,139 $2,068,824 $690,315
2024 $33,105 $2,705,039 $2,028,259 $676,780
2023 $32,465 $2,652,000 $1,988,490 $663,510
2022 $30,956 $2,600,000 $1,949,500 $650,500
2021 $9,959 $795,273 $535,360 $259,913
2020 $10,054 $787,119 $529,871 $257,248
2019 $9,670 $771,686 $519,482 $252,204
2018 $9,555 $756,556 $509,297 $247,259
2016 $9,102 $727,179 $489,521 $237,658
2015 $8,973 $716,257 $482,168 $234,089
2014 $9,025 $702,227 $472,723 $229,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-728250

The MLS

APN: 4330-026-040