NOT LISTED FOR SALE

12203 Falkirk Ln Los Angeles, CA 90049

Brentwood Neighborhood

Estimated Value: $2,078,000 - $2,175,000

4 Beds
4 Baths
2,941 Sq Ft
$720/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $2,050,000 $697 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $13,872/month

21 Days on Market

Highlights

  • Fireplace in Kitchen
  • Wood Flooring
  • Central Heating
  • Traditional Architecture
  • 3 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2023

Could this be your Brentwood trophy property? This rare, single-level triplex, situated in a primarily single-family neighborhood represents a rare opportunity for a lucrative investment. Built in 1946, this property features two one-bedroom and one-bath units, along with one two-bedroom and two-bath unit, and a 3-car garage. The units are spacious, with a living rm, dining rm, and kitchen configuration. Each unit is equipped with laundry hook-ups and central heat to ensure maximum comfort. Occupants enjoy the proximity to popular retail shops and restaurants, offering an array of culinary and shopping options. With its prime location and unique unit mix, this triplex is a remarkable opportunity for savvy investors. Don't miss the chance to own a piece of Brentwood's coveted real estate. Schedule a viewing today.

Last Agent to Sell the Property

Whit Prouty

Compass License #01303275 Listed on: 04/03/2023

Compass

Last Buyer's Agent

Michael Mavadat

Southland Real Estate Consulta License #00804484

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,641

Year Built

  • Built in 1946

Lot Details

  • 6,960 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,941 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Oven or Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Property is located within a water district
  • Sewer in Street

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4404-003-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,641

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Could this be your Brentwood trophy property? This rare, single-level triplex, situated in a primarily single-family neighborhood represents a rare opportunity for a lucrative investment. Built in 1946, this property features two one-bedroom and one-bath units, along with one two-bedroom and two-bath unit, and a 3-car garage. The units are spacious, with a living rm, dining rm, and kitchen configuration. Each unit is equipped with laundry hook-ups and central heat to ensure maximum comfort. Occupants enjoy the proximity to popular retail shops and restaurants, offering an array of culinary and shopping options. With its prime location and unique unit mix, this triplex is a remarkable opportunity for savvy investors. Don't miss the chance to own a piece of Brentwood's coveted real estate. Schedule a viewing today.
  • Living Area: 2941
  • Lot Acreage: 0.1598
  • Lot Dimensions: 50x140
  • Probate: No
  • Stories: 1
  • Year Built: 1946
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room, Kitchen, Dining
  • Flooring: Wood
  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 748.04

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Roof: Asphalt

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street Paid
  • Water: District

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 281575
  • Assessed Land Percent: 60
  • Assessed Land Value: 422374
  • Total Assessed Value: 703949
  • Assessor Parcel Number: 4404-003-007
  • Lot Size Area: 6960

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 33.80
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 17742
  • Type Of Units: Residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Apr 25, 2023
Sold by
Halversen Family Trust
Bought by
Mavadat Family Trust
Seller's Agent
Whit Prouty
Compass
Buyer's Agent
Michael Mavadat
Southland Real Estate Consulta
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Views
57
Current Estimated Value
$2,118,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,676
Avg. Annual Appreciation
0.75%
Original Mortgage
$2,000,000
Outstanding Balance
$1,953,929
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$129,764

Purchase Details

Closed on
Apr 9, 2008
Sold by
Halversen George C and Halversen Grace W
Bought by
Halversen George C

Purchase Details

Closed on
Oct 15, 1993
Sold by
Halversen George C and Halversen Grace W
Bought by
Halversen George C
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
Mavadat Family Trust $2,050,000 Equity Title Company
Halversen George C -- None Available
Halversen George C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mavadat Family Trust $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $2,050,000 -6.8% $697 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $2,200,000 -- $748 / 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
2024 $25,641 $2,091,000 $836,400 $1,254,600
2023 $9,171 $718,027 $430,821 $287,206
2022 $8,761 $703,949 $422,374 $281,575
2021 $8,642 $690,147 $414,093 $276,054
2019 $8,392 $669,678 $401,811 $267,867
2018 $8,278 $656,548 $393,933 $262,615
2016 $7,903 $631,055 $378,637 $252,418
2015 $7,791 $621,577 $372,950 $248,627
2014 $7,834 $609,402 $365,645 $243,757
Source: Public Records

Agents Affiliated with this Home

  • Whit Prouty

    Seller's Agent in 2023

    Whit Prouty

    Compass

    (310) 962-6942

    4 in this area

    51 Total Sales

    Whit Prouty
    Section Image

  • M

    Buyer's Agent in 2023

    Michael Mavadat

    Southland Real Estate Consulta

    (310) 721-8200

    1 in this area

    5 Total Sales

    Michael Mavadat
    Section Image
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Map

Source: The MLS

MLS Number: 23-256819

The MLS

APN: 4404-003-007

California Los Angeles County Los Angeles 90049 Brentwood

12203 Falkirk Ln, Los Angeles, CA

This home is located at 12203 Falkirk Ln, Los Angeles, CA 90049 since 03 April 2023 and is currently estimated at $2,118,676, approximately $720 per square foot. This property was built in 1946. 12203 Falkirk Ln is a home located in Los Angeles County with nearby schools including Brentwood Science Magnet, Kenter Canyon Elementary School, and Paul Revere Charter Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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