NOT LISTED FOR SALE

12537 Walsh Ave Los Angeles, CA 90066

Del Rey Neighborhood

Estimated Value: $1,769,693 - $2,381,000

4 Beds
2.5 Baths
1,609 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $1,428,000 $888 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $12,023/month

17 Days on Market

Highlights

  • Detached Guest House
  • Maid or Guest Quarters
  • Wood Flooring
  • Venice High School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of August 2019

Chic, inviting two-story traditional home with legal Additional Dwelling Unit in prime Del Rey! New landscaping and revamped exterior invite you into the light and bright living area with crown moldings and beautiful wood floors. The spacious, updated kitchen has new appliances, recessed lighting, elegant wood beams, and dining area. This home has three bedrooms downstairs, and master bedroom upstairs, complete with tall pitched ceiling, large walk-in closet, and en-suite bathroom with dual sink vanity. Enjoy the gorgeous summer nights entertaining on the back patio with pergola and dining area. Guest Quarters/ADU above the two-car, finished garage is perfect for extended family or office/rental with its own kitchen and bathroom. Minutes to beach, bike paths, Marina del Rey, Playa Vista, Venice, Culver City, Restaurant Row, & all that Silicon Beach has to offer!

Last Agent to Sell the Property

Alison Betts

Douglas Elliman of California, Inc. License #01392565 Listed on: 07/12/2019

Douglas Elliman of California, Inc.

Last Buyer's Agent

Luis Guevara

eXp Realty of Southern CA License #01109164

eXp Realty of Southern CA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,558

Year Built

  • Built in 1948

Lot Details

  • 4,304 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,609 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4223-025-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,558

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1609
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Linoleum, Tile
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 887.51

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4223-025-019
  • Geocode Override: No
  • Lot Size Area: 4304

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jul 29, 2019
Sold by
Loewy Peter H and Loewy Susan J
Bought by
Bhatt Falguni R and Bhatt Radhika R
Seller's Agent
Alison Betts
Douglas Elliman of California, Inc.
Buyer's Agent
Luis Guevara
eXp Realty of Southern CA
List Price
$1,428,000
Sold Price
$1,428,000
Current Estimated Value
$1,991,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,673
Avg. Annual Appreciation
5.55%
Original Mortgage
$1,071,000
Outstanding Balance
$939,919
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,051,754

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 16, 2016
Sold by
Virden Jack
Bought by
The Loewy Living Trust
Seller's Agent
Michael Cohen
Compass
Buyer's Agent
Alison Betts
Douglas Elliman of California, Inc.
List Price
$1,100,000
Sold Price
$1,018,000
Premium/Discount to List
-$82,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$661,700
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Virden Jack
Bought by
Virden Jack and Virden Darlene Tresa

Purchase Details

Closed on
Mar 30, 1998
Sold by
Hooker Richard A
Bought by
Virden Jack and Virden Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
7.07%
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
Bhatt Falguni R $1,428,000 Lawyers Title Company
The Loewy Living Trust $1,018,000 Fidelity National Title
Virden Jack -- None Available
Virden Jack $259,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatt Falguni R $1,071,000
Previous Owner The Loewy Living Trust $661,700
Previous Owner Virden Jack $207,200
Closed Virden Jack $38,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $1,428,000 0.0% $888 / Sq Ft
07/12/2019 07/12/19 For Sale $1,428,000 +40.3% $888 / Sq Ft
06/29/2016 06/29/16 Sold $1,018,000 -7.5% $633 / Sq Ft View Prior Sale
05/16/2016 05/16/16 For Sale $1,100,000 0.0% $684 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/18/2016 04/18/16 Price Changed $1,100,000 -8.3% $684 / Sq Ft
03/28/2016 03/28/16 For Sale $1,199,000 -- $745 / 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 $18,558 $1,561,722 $1,190,978 $370,744
2024 $18,558 $1,531,101 $1,167,626 $363,475
2023 $18,197 $1,501,081 $1,144,732 $356,349
2022 $17,346 $1,471,649 $1,122,287 $349,362
2021 $17,132 $1,442,794 $1,100,282 $342,512
2019 $13,574 $1,080,308 $864,247 $216,061
2018 $12,827 $1,059,126 $847,301 $211,825
2016 $4,440 $361,159 $215,805 $145,354
2015 $4,376 $355,735 $212,564 $143,171
2014 $4,398 $348,768 $208,401 $140,367
Source: Public Records

Agents Affiliated with this Home

  • Alison Betts

    Seller's Agent in 2019

    Alison Betts

    Douglas Elliman of California, Inc.

    (323) 309-3976

    9 in this area

    20 Total Sales

    Alison Betts
    Section Image
  • Luis Guevara

    Buyer's Agent in 2019

    Luis Guevara

    eXp Realty of Southern CA

    (310) 704-6298

    1 in this area

    52 Total Sales

    Luis Guevara
    Section Image
  • Michael Cohen

    Seller's Agent in 2016

    Michael Cohen

    Compass

    (310) 622-0512

    38 Total Sales

    Michael Cohen
    Section Image
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Map

Source: The MLS

MLS Number: 19-485848

The MLS

APN: 4223-025-019

California Los Angeles County Los Angeles 90066 Del Rey

12537 Walsh Ave, Los Angeles, CA

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