NOT LISTED FOR SALE

1281 Warner Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $3,747,000 - $4,465,000

5 Beds
4 Baths
3,770 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $2,602,000 $690 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $23,806/month

12 Days on Market

Highlights

  • Heated Spa
  • Wood Flooring
  • No HOA
  • Fairburn Avenue Elementary Rated A
  • Spanish Architecture
  • Breakfast Room

About This Home

As of December 2018

Located just south of Wilshire, this expansive Spanish home personifies Westwood character with hardwood floors, arched doorways, wrought iron railings and lathe and plaster walls throughout. The downstairs features a two-story sunlit entrance, sweeping staircase with inlaid tiles, spacious formal living room with exposed beam ceiling and fireplace, large formal dining room, cozy separate breakfast room, cook's kitchen with Sub-zero, and a gracious family room connected to a full bath. All 5 bedrooms are upstairs including 4 generous family bedrooms, utilizing 2 upgraded full baths, and a generous master suite with multiple closets, Juliet balcony and colorful vintage tiled en-suite bath. The rear of the house opens to a private paver stone patio with built-in barbeque and heated spa. The house also has detached 2 car garage and multi-zone HVAC. Centrally located only minutes from Beverly Hills, Westwood Village, Fairburn school and numerous houses of worship make this a must-see home.

Last Agent to Sell the Property

Jim Bremner

Compass License #01186014 Listed on: 10/05/2018

Compass

Last Buyer's Agent

Michael Simmons

Compass License #01960555

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,629

Year Built

  • Built in 1928

Lot Details

  • 6,103 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,770 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Heated Spa
  • In Ground Spa

Additional Features

  • Open Patio
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4326-007-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,629

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3770
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 688.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

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

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4326-007-017
  • Geocode Override: No
  • Lot Size Area: 6103

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 5, 2018
Sold by
Meshkinfam Sharona
Bought by
Ghasri Pedram
Seller's Agent
Jim Bremner
Compass
Buyer's Agent
Michael Simmons
Compass
List Price
$2,595,000
Sold Price
$2,602,000
Premium/Discount to List
$7,000
0.27%
Current Estimated Value
$3,996,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,394,830
Avg. Annual Appreciation
6.42%
Original Mortgage
$2,000,000
Outstanding Balance
$1,758,597
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$2,238,233

Purchase Details

Listed on
Oct 5, 2018
Closed on
Oct 29, 2018
Sold by
Takta Ryoko and The Lawrence G Potter And Ryok
Bought by
Ghasri Pedram
Seller's Agent
Jim Bremner
Compass
Buyer's Agent
Michael Simmons
Compass
List Price
$2,595,000
Sold Price
$2,602,000
Premium/Discount to List
$7,000
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,758,597
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$2,238,233
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
Ghasri Pedram -- Lawyers Title Company
Ghasri Pedram $2,602,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghasri Pedram $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Sold $2,602,000 +0.3% $690 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $2,595,000 -- $688 / 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 $34,629 $2,902,575 $1,997,892 $904,683
2024 $34,629 $2,845,663 $1,958,718 $886,945
2023 $33,955 $2,789,866 $1,920,312 $869,554
2022 $32,369 $2,735,163 $1,882,659 $852,504
2021 $31,972 $2,681,534 $1,845,745 $835,789
2019 $31,009 $2,602,000 $1,791,000 $811,000
2018 $9,729 $788,589 $381,710 $406,879
2016 $9,275 $757,969 $366,889 $391,080
2015 $9,140 $746,584 $361,378 $385,206
2014 $9,173 $731,961 $354,300 $377,661
Source: Public Records

Agents Affiliated with this Home

  • Jim Bremner

    Seller's Agent in 2018

    Jim Bremner

    Compass

    (310) 422-0858

    36 in this area

    57 Total Sales

    Jim Bremner
    Section Image
  • Michael Simmons

    Buyer's Agent in 2018

    Michael Simmons

    Compass

    (310) 775-1455

    8 in this area

    14 Total Sales

    Michael Simmons
    Section Image
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Map

Source: The MLS

MLS Number: 18-393432

The MLS

APN: 4326-007-017

California Los Angeles County Los Angeles 90024 Westwood

1281 Warner Ave, Los Angeles, CA

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