NOT LISTED FOR SALE

1225 S Van Ness Ave Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $2,409,000 - $2,837,000

5 Beds
3.5 Baths
4,224 Sq Ft
$608/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $1,325,000 $314 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $15,152/month

40 Days on Market

Highlights

  • 20,510 Sq Ft lot
  • Wood Flooring
  • Enclosed Glass Porch
  • Colonial Architecture
  • Walk-In Closet
  • Views

About This Home

As of April 2014

Historic Wada Family Residence is for sale - First time in over 65 years! This storied Country Club Park estate is a piece of Los Angeles history, and a truly a rare class of unspoiled character, estate size, & architectural beauty. Incredible opportunity for estate-minded buyers looking for a property to make their own. At this price, this type of Los Angeles estate comes across only a few times a decade. Original Two Story circa-1920's Spanish estate sits on one of the streets largest lots encompassing nearly half an acre. Residence features priceless period details throughout: a Batchelder fireplace, extensive unpainted crown & passage moldings, tigerwood oak staircase, & original period doors. Home sold 100% as-is where is. Seller makes no warranties, expressed or implied, and will make no repairs or credits. Executor has not resided at property in 40+ years. Impossible to replicate character. Mr Wada was on the organizing committee for the 1984 Olympics in LA.

Last Agent to Sell the Property

Rachel Hsieh

Keller Williams Realty Los Feliz License #01913428 Listed on: 02/28/2014

Keller Williams Realty Los Feliz

Last Buyer's Agent

Sabine Demain

Keller Williams Larchmont License #01939279

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1921

Lot Details

  • 0.47 Acre Lot
  • Property is zoned LARE9

Parking

  • Attached Carport

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Family Room on Second Floor
  • Wood Flooring
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Enclosed Glass Porch

Utilities

  • Central Heating
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 5081-022-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,803

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 4224
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit, Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 319.60

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Carport Attached

Utilities

  • Heating: Central, Floor Furnace

Lot Info

  • Assessor Parcel Number: 5081-022-015
  • Geocode Override: No
  • Lot Size Area: 20510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 7, 2014
Sold by
Roath Mary Mariko and Fred & Masako Wada Trust A
Bought by
Shamam Daniel and Shamam Laura
Seller's Agent
Rachel Hsieh
Keller Williams Realty Los Feliz
Buyer's Agent
Sabine Demain
Keller Williams Larchmont
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%
Current Estimated Value
$2,676,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,351,759
Avg. Annual Appreciation
5.98%
Original Mortgage
$66,250
Interest Rate
4.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 26, 2002
Sold by
Wada Edwin Y and Wada Masako T
Bought by
Wada Edwin Y and Fred & Masako Wada Trust B

Purchase Details

Closed on
Jan 29, 1997
Sold by
Wada Fred I and Wada Masako T
Bought by
Wada Edwin Y and Wada Masako T
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
Shamam Daniel $1,325,000 Chicago Title
Wada Edwin Y -- --
Wada Edwin Y -- --
Wada Edwin Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamam Daniel $1,492,900
Closed Shamam Daniel Samuel $374,200
Closed Shamam Daniel Samuel $140,700
Closed Shamam Daniel $1,260,000
Closed Shamam Daniel $1,260,000
Closed Roath Mary Mariko $66,250
Closed Shamam Daniel $1,060,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2014 04/03/14 Sold $1,325,000 -1.9% $314 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $1,350,000 -- $320 / 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 $6,803 $512,000 $348,000 $164,000
2024 $6,803 $512,000 $348,000 $164,000
2023 $6,805 $512,000 $348,000 $164,000
2022 $6,628 $512,000 $348,000 $164,000
2021 $6,642 $512,000 $348,000 $164,000
2019 $7,948 $441,000 $176,000 $265,000
2018 $5,793 $441,000 $176,000 $265,000
2017 $5,780 $441,000 $176,000 $265,000
2016 $5,712 $441,000 $176,000 $265,000
2015 $16,565 $1,351,473 $917,982 $433,491
2014 $16,625 $1,325,000 $995,000 $330,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rachel Hsieh

    Keller Williams Realty Los Feliz

    Section Image
  • Sabine Demain

    Buyer's Agent in 2014

    Sabine Demain

    Keller Williams Larchmont

    (323) 762-2600

    30 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 14-740643

The MLS

APN: 5081-022-015

California Los Angeles County Los Angeles 90019 Arlington Heights

1225 S Van Ness Ave, Los Angeles, CA

This home is located at 1225 S Van Ness Ave, Los Angeles, CA 90019 since 28 February 2014 and is currently estimated at $2,566,473, approximately $607 per square foot. This property was built in 1921. 1225 S Van Ness Ave is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

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