NOT LISTED FOR SALE

1263 Devon Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $1,726,466 - $1,975,000

5 Beds
4 Baths
2,419 Sq Ft
$769/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,750,000 $723 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,790/month

40 Days on Market

Highlights

  • Wood Flooring
  • Fairburn Avenue Elementary School Rated A
  • 5 Car Garage

About This Home

As of December 2021

We are pleased to present 1263 Devon Avenue, a 4-unit turnkey property located in the heart of the prestigious Westwood neighborhood. Residing less than 0.5 miles from one of LA's top shopping hubs, Westfield Century City, this modern gem is conveniently located near UCLA, trendsetting restaurants, cafes, and retail shops. This property was constructed of wood frame and stucco on a raised foundation built in 1939 with a square footage of 2,419 on a 5,400-square foot lot, and is comprised of an excellent unit mix consisting of one (1) 2-bedroom + 1-bathroom unit, and three (3) studio units. Two (2) of the studios will be delivered vacant upon the close of escrow.

Last Agent to Sell the Property

Davis Saadian

Keller Williams Hollywood Hills License #01921748 Listed on: 11/04/2021

Keller Williams Hollywood Hills

Co-Listed By

Adam Shamooelian

Keller Williams Beverly Hills License #02116849

Last Buyer's Agent

Brad Stone

Stone-Miller License #00784115

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,400

Parking

  • 5 Car Garage

Interior Spaces

  • 2,419 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,400 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4327-012-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2419
  • Lot Acreage: 0.1240
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 737.91

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 28.59
  • Assessed Improvement Value: 39208
  • Assessed Land Percent: 71.41
  • Assessed Land Value: 97934
  • Total Assessed Value: 137142
  • Assessor Parcel Number: 4327-012-024
  • Lot Size Area: 5400

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
Selzer Debra and The William And Ann Blankenshi
Bought by
Blankenship Phillip J and Selzer Debra
Current Estimated Value
$1,913,596

Purchase Details

Closed on
Mar 20, 2011
Sold by
Blankenship Ann B and Checker Ann B
Bought by
Blankenship Ann and The William & Ann Blankenship Family Tru
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blankenship Phillip J -- None Available
Blankenship Ann -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $1,750,000 -2.0% $723 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $1,785,000 -- $738 / Sq Ft
Source: The MLS

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 $22,118 $1,841,195 $1,379,570 $461,625
2024 $22,118 $1,805,094 $1,352,520 $452,574
2023 $21,692 $1,769,700 $1,326,000 $443,700
2022 $20,686 $1,735,000 $1,300,000 $435,000
2021 $2,072 $138,562 $98,948 $39,614
2020 $2,086 $137,142 $97,934 $39,208
2019 $2,020 $134,454 $96,014 $38,440
2018 $1,939 $131,819 $94,132 $37,687
2016 $1,837 $126,703 $90,478 $36,225
2015 $1,814 $124,800 $89,119 $35,681
2014 $1,850 $122,357 $87,374 $34,983
Source: Public Records

Agents Affiliated with this Home

  • Davis Saadian

    Seller's Agent in 2021

    Davis Saadian

    Keller Williams Hollywood Hills

    (310) 402-8958

    4 in this area

    77 Total Sales

    Davis Saadian
    Section Image
  • Adam Shamooelian

    Seller Co-Listing Agent in 2021

    Adam Shamooelian

    Keller Williams Beverly Hills

    (310) 432-6400

    1 in this area

    52 Total Sales

    Adam Shamooelian
    Section Image

  • B

    Buyer's Agent in 2021

    Brad Stone

    Stone-Miller

    Section Image
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Map

Source: The MLS

MLS Number: 21-102179

The MLS

APN: 4327-012-024

California Los Angeles County Los Angeles 90024 Westwood

1263 Devon Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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