NOT LISTED FOR SALE

1264 Devon Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $2,057,000 - $3,040,651

6 Beds
3 Baths
3,931 Sq Ft
$680/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $1,175,000 $299 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $15,907/month

7 Days on Market

Highlights

  • 3 Car Detached Garage
  • Bungalow
  • Remodeled Bathroom
  • Fairburn Avenue Elementary Rated A
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of September 2012

This is a two-story California Bungalow style building with three separate units, each having its own exterior front door and rear door. There are no common hallways.The property was built in 1941 and has recently been substantially upgraded. The building has been bolted to its foundation per seller andl galvanized water pipes have been replaced by copper plumbing. Each unit has its own gas meter and water heater located in the partial basement. Three single car garages are accessed from the alley to the rear of the property. Each unit has its own electric meter. See private remarks for showing instructions and important info.

Last Agent to Sell the Property

Aram Afshar

Coldwell Banker Realty License #01484569 Listed on: 05/25/2012

Coldwell Banker Realty

Last Buyer's Agent

Janet Farzan

Janet Farzan License #01101247

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,570

Year Built

  • Built in 1941

Lot Details

  • 5,943

Parking

  • 3 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Remodeled Bathroom
  • 3,931 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Sewer in Street
  • Sewer Paid

Additional Features

  • 5,943 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4327-014-029

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,570

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3931
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Bathroom Features: Remodeled
  • Kitchen Features: Laminate Counters
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 266.85

Exterior Features

  • Construction: Stucco, Wood Siding
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Shingle

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 3

Utilities

  • Cooling: Central, Wall/Window
  • Heating: Central
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Sewer: In Street, Paid

Lot Info

  • Assessed Improvement Value: 314665
  • Assessed Land Value: 1813329
  • Assessor Parcel Number: 4327-014-029
  • Lot Location: City
  • Lot Size Area: 5943

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.49
  • Number Of Units: 3
  • Total Annual Expense: 18750
  • Type Of Units: 3
  • Vacancy Rate: 0

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Daneshgar Nader and Daneshgar Sophia
Bought by
One Devon Llc
Current Estimated Value
$2,671,413

Purchase Details

Listed on
May 25, 2012
Closed on
Sep 17, 2012
Sold by
Daneshgar Sophia
Bought by
Daneshgar Nader and Daneshgar Sophia
Seller's Agent
Aram Afshar
Coldwell Banker Realty
Buyer's Agent
Janet Farzan
Janet Farzan
List Price
$1,049,000
Sold Price
$1,175,000
Premium/Discount to List
$126,000
12.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Listed on
May 25, 2012
Closed on
Sep 14, 2012
Sold by
Daneshgar Nader
Bought by
Daneshgar Sophia
Seller's Agent
Aram Afshar
Coldwell Banker Realty
Buyer's Agent
Janet Farzan
Janet Farzan
List Price
$1,049,000
Sold Price
$1,175,000
Premium/Discount to List
$126,000
12.01%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Meyer Evan G and Meyer Van Taylor
Bought by
Cooper Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,396,500
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2004
Sold by
Meyer Evan G and Meyer Van Taylor
Bought by
Meyer Evan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2002
Sold by
Rossi Robert A
Bought by
Meyer Evan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,265
Interest Rate
5.87%

Purchase Details

Closed on
Jul 30, 2002
Sold by
Rossi Ernest L and Rossi Robert A
Bought by
Rossi Robert A

Purchase Details

Closed on
Sep 5, 1997
Sold by
Rossi Ernest L and Rossi Robert A
Bought by
Rossi Ernest L

Purchase Details

Closed on
Jul 3, 1997
Sold by
Rossi Family Trust and Ernest L
Bought by
Rossi Ernest L
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
One Devon Llc -- None Available
Daneshgar Nader -- Accommodation
Daneshgar Sophia -- First American Title Company
Daneshgar Sophia $1,175,000 First American Title Company
Cooper Jason A -- First American Title Ins Co
Meyer Evan G -- Investors Title Company
Meyer Evan G $962,000 North American Title Co
Rossi Robert A -- --
Rossi Ernest L -- --
Rossi Ernest L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Jason A $1,396,500
Previous Owner Meyer Evan G $962,500
Previous Owner Meyer Evan G $669,000
Previous Owner Meyer Evan G $673,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $1,175,000 +12.0% $299 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $1,049,000 -- $267 / 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 $17,570 $1,446,914 $1,108,279 $338,635
2024 $17,570 $1,418,545 $1,086,549 $331,996
2023 $17,235 $1,390,732 $1,065,245 $325,487
2022 $16,443 $1,363,463 $1,044,358 $319,105
2021 $16,228 $1,336,730 $1,023,881 $312,849
2020 $16,392 $1,323,025 $1,013,383 $309,642
2019 $15,746 $1,297,084 $993,513 $303,571
2018 $15,637 $1,271,652 $974,033 $297,619
2016 $14,937 $1,222,274 $936,211 $286,063
2015 $14,720 $1,203,916 $922,149 $281,767
2014 $14,778 $1,180,334 $904,086 $276,248
Source: Public Records

Agents Affiliated with this Home

  • Aram Afshar

    Seller's Agent in 2012

    Aram Afshar

    Coldwell Banker Realty

    (310) 702-0583

    2 in this area

    69 Total Sales

    Aram Afshar
    Section Image

  • J

    Buyer's Agent in 2012

    Janet Farzan

    Janet Farzan

    Section Image
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Map

Source: The MLS

MLS Number: 12-603071

The MLS

APN: 4327-014-029

California Los Angeles County Los Angeles 90024 Westwood

1264 Devon Ave, Los Angeles, CA

This home is located at 1264 Devon Ave, Los Angeles, CA 90024 since 25 May 2012 and is currently estimated at $2,671,413, approximately $679 per square foot. This property was built in 1941. 1264 Devon Ave is a home located in Los Angeles County with nearby schools including Fairburn Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and University High School Charter.

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