Seller's Agent in 2024
Wheeler Coberly
Compass
(310) 351-6234
10 in this area
68 Total Sales
12536 Preston Way Los Angeles, CA 90066
Mar Vista NeighborhoodEstimated Value: $2,700,000 - $2,957,000
4
Beds
4
Baths
2,377
Sq Ft
$1,182/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- No HOA
- Venice High School Rated A
- Great Room
- Converted Garage
About This Home
As of July 2024An exciting new prospect located in one of the most desirable pockets of Mar Vista Hill. This property was extensively renovated in 2018 and is comprised of a 1,917sqft, 3 bedroom/3 bathroom main house, as well as a 460sqft, junior ADU with bathroom. As it stands, both the main home and ADU have private entrances and beautifully landscaped yards which are separated by a wood fence. Should the new owner want one property, the fence is easily removed to create an even larger outdoor space with access to the junior ADU for guest house, office, playroom, etc. In the main home, the kitchen and living room flow seamlessly to the back of the house. La Cantina bi-fold doors open almost the entire back wall of the living room to the vibrant yard with private built-out seating area and deck. In the front of the home is another cozy den/living space with a wood-burning fireplace that looks out to the front yard with mature landscaping and seating area. The primary bedroom also has La Cantina bi-fold doors which open to the backyard. The primary is light and airy with an ensuite bathroom that has dual sinks, shower, and bathtub. Two additional bedrooms (one of which is ensuite) round out the rest of the house. The 2018 renovations included windows, plumbing, electric, heating and air, as well as all the updated finish work you see throughout the home. The junior ADU has access from the rear of the home and offers a quiet escape for work, guests, or paying tenants. It was crafted like the main home with a focus on an indoor/outdoor lifestyle. This is a rare property that offers tons of flexibility for every kind of buyer looking to live in one of the most sought after neighborhoods on the westside.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,255
Year Built
- Built in 1946
Lot Details
- 6,724 Sq Ft Lot
- Lot Dimensions are 50x135
- Property is zoned LAR1
Home Design
- Traditional Architecture
Interior Spaces
- 2,377 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Gas Fireplace
- Great Room
- Living Room
- Dining Room
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Converted Garage
- Driveway
Additional Features
- Open Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4247-029-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2024
Closed on
Jul 3, 2024
Sold by
Lennon Matthew K
Bought by
Jacent Properties Llc
Seller's Agent
Wheeler Coberly
Compass
Buyer's Agent
Ray Lyon
Compass
List Price
$2,695,000
Sold Price
$2,675,000
Premium/Discount to List
-$20,000
-0.74%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,916
Avg. Annual Appreciation
3.68%
Original Mortgage
$1,605,000
Outstanding Balance
$1,583,963
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,224,953
Purchase Details
Listed on
Jun 3, 2024
Closed on
Jun 24, 2024
Sold by
Lennon Matthew K
Bought by
Jacent Properties Llc
Seller's Agent
Wheeler Coberly
Compass
Buyer's Agent
Ray Lyon
Compass
List Price
$2,695,000
Sold Price
$2,675,000
Premium/Discount to List
-$20,000
-0.74%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,000
Outstanding Balance
$1,583,963
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,224,953
Purchase Details
Closed on
Feb 23, 2016
Sold by
Brice Janette
Bought by
Lennon Matthew K and Kroes Michelle S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$909,600
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 10, 2004
Sold by
Dahlstrom Donald E
Bought by
Dahlstrom Donald E and Donald E Dahlstrom Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jacent Properties Llc | $2,675,000 | Progressive Title Company | |
| Jacent Properties Llc | $2,675,000 | Progressive Title Company | |
| Lennon Matthew K | $1,137,000 | Chicago Title Company | |
| Dahlstrom Donald E | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jacent Properties Llc | $1,605,000 | |
| Closed | Jacent Properties Llc | $1,605,000 | |
| Previous Owner | Lennon Matthew K | $909,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $2,675,000 | -0.7% | $1,125 / Sq Ft |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- |
| 06/03/2024 06/03/24 | For Sale | $2,695,000 | 0.0% | $1,134 / Sq Ft |
| 10/15/2021 10/15/21 | Rented | $7,500 | -6.3% | -- |
| 10/01/2021 10/01/21 | For Rent | $8,000 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $24,255 | $2,675,000 | $2,469,600 | $205,400 |
| 2024 | $24,255 | $1,999,047 | $1,416,332 | $582,715 |
| 2023 | $23,782 | $1,959,851 | $1,388,561 | $571,290 |
| 2022 | $22,669 | $1,921,424 | $1,361,335 | $560,089 |
| 2021 | $16,420 | $1,375,351 | $994,778 | $380,573 |
| 2019 | $14,381 | $1,206,590 | $965,273 | $241,317 |
| 2018 | $14,305 | $1,182,933 | $946,347 | $236,586 |
| 2016 | $13,690 | $1,137,000 | $1,037,000 | $100,000 |
| 2015 | $1,054 | $83,792 | $61,582 | $22,210 |
| 2014 | $1,069 | $82,151 | $60,376 | $21,775 |
Source: Public Records
Agents Affiliated with this Home
-
Wheeler Coberly
-
Ray Lyon
Buyer's Agent in 2024
Ray Lyon
Compass
(310) 993-1065
12 in this area
84 Total Sales
-
Carley Werts
Seller Co-Listing Agent in 2021
Carley Werts
Compass
(805) 680-6543
5 in this area
30 Total Sales
-
Susan L Andrews
Buyer's Agent in 2021
Susan L Andrews
Compass
(310) 652-6285
1 in this area
41 Total Sales
-
J
Buyer Co-Listing Agent in 2021
Justin Roberts
Compass
Map
Source: The MLS
MLS Number: 24-399245
APN: 4247-029-012
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© 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.
Information is deemed reliable but not guaranteed.
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