NOT LISTED FOR SALE

1301 W 40th Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $923,000 - $1,064,939

4 Beds
3 Baths
1,929 Sq Ft
$514/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $707,500 $367 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,182/month

10 Days on Market

Highlights

  • Parking available for a boat
  • Open Floorplan
  • Deck
  • Two Primary Bedrooms
  • Craftsman Architecture
  • Corner Lot

About This Home

As of October 2017

Beautifully remodeled California Craftsman, featuring 4 bedrooms or 3+study, 2.75 baths. Study noted as 4th bedroom on Public Record. With its original Craftsman style and open floor plan, this home is showcased by its interior detailed wood trim, wainscoting, beam ceiling, period built-ins, and large picture windows. Old world charm meets modern conveniences, with tasteful upgrades: new recessed lighting, fireplace, flooring, kitchen, baths, plumbing, HVAC system, windows, and landscaping. Enjoy tranquil sunsets through the palm trees, from the spacious wraparound porch, or relax and enjoy the sizable backyard for entertaining guests. Uniquely situated on a nearly 7,000 square foot R2-Zoned corner lot, this property can accommodate an additional custom built unit. Located minutes from USC, Exposition Park, George Lucas' Museum (breaking ground in Exposition Park in 2018), California Science Center, Downtown, and Metroline -this California Craftsman is ready to be your dream home!

Last Agent to Sell the Property

Gary Bluman

Real Estate Resources of CA License #01192305 Listed on: 09/21/2017

Last Buyer's Agent

LAURA ARENAS

License #01298721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,832

Year Built

  • Built in 1911 | Remodeled

Lot Details

  • 6,604 Sq Ft Lot
  • Fenced Yard
  • Wrought Iron Fence
  • Wire Fence
  • Landscaped
  • Corner Lot
  • Back and Front Yard
  • Historic Home
  • Property is zoned LAR2

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,929 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Wainscoting
  • Beamed Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Tile Flooring
  • Partial Basement
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Parking available for a boat

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Built by BEAUTIFUL ABUNDANT LIGHT
  • Tree Lined Craftsman

Listing and Financial Details

  • Assessor Parcel Number 5020-001-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,832

Year Built

Built in 1911 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: Beautifully remodeled California Craftsman, featuring 4 bedrooms or 3+study, 2.75 baths. Study noted as 4th bedroom on Public Record. With its original Craftsman style and open floor plan, this home is showcased by its interior detailed wood trim, wainscoting, beam ceiling, period built-ins, and large picture windows. Old world charm meets modern conveniences, with tasteful upgrades: new recessed lighting, fireplace, flooring, kitchen, baths, plumbing, HVAC system, windows, and landscaping. Enjoy tranquil sunsets through the palm trees, from the spacious wraparound porch, or relax and enjoy the sizable backyard for entertaining guests. Uniquely situated on a nearly 7,000 square foot R2-Zoned corner lot, this property can accommodate an additional custom built unit. Located minutes from USC, Exposition Park, George Lucas' Museum (breaking ground in Exposition Park in 2018), California Science Center, Downtown, and Metroline -this California Craftsman is ready to be your dream home!
  • Builder Model Name: TREE-LINED CRAFTSMAN
  • Builder Name: BEAUTIFUL ABUNDANT LIGHT
  • Builders Tract Code: BEAUTIFUL
  • Living Area: 1929
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1911
  • Builders Tract Name: CHARMING CALIFORNIA CRAFTSMAN
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement - Partial, Beamed Ceiling(s), Built-Ins, Open Floor Plan, Recessed Lighting, Wainscotting
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Mixed, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Counter Top, Remodeled, Stone Counters
  • Laundry: Inside, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 368.07
  • Windows: Bay Window

Exterior Features

  • Other Features: Historical
  • Tennis Court Y/N: No
  • Fence: Wire, Wrought Iron
  • Patio: Covered Porch, Deck(s), Enclosed, Porch, Porch - Front, Wrap Around Porch
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Boat, Door Opener, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5020-001-023
  • Geocode Override: No
  • Lot Description: Automatic Gate, Back Yard, Fenced, Fenced Yard, Front Yard, Landscaped, Sidewalks, Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 6604

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 17, 2017
Sold by
Ghafari Soroor
Bought by
Mitchell Marcus Eugene and Ramos Patricia Anne
Seller's Agent
Gary Bluman
Real Estate Resources of CA
Buyer's Agent
LAURA ARENAS
List Price
$710,000
Sold Price
$707,500
Premium/Discount to List
-$2,500
-0.35%
Current Estimated Value
$991,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,485
Avg. Annual Appreciation
4.74%
Original Mortgage
$566,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2016
Sold by
The Los Angeles County Office
Bought by
Ghafari Soroor

Purchase Details

Closed on
Aug 29, 2014
Sold by
Beck Denise
Bought by
Beck Denise and Becks Family Living Trust

Purchase Details

Closed on
Aug 21, 2014
Sold by
Beck Denise
Bought by
Beck Denise and Becks Family Trust
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
Mitchell Marcus Eugene $707,500 Lawyers Title
Ghafari Soroor $410,000 Fidelity Sherman Oaks
Beck Denise -- None Available
Beck Denise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Marcus Eugene $519,600
Closed Mitchell Marcus Eugene $550,000
Closed Mitchell Marcus Eugene $566,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $707,500 -0.4% $367 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $710,000 -- $368 / 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 $9,832 $805,008 $644,009 $160,999
2024 $9,832 $789,225 $631,382 $157,843
2023 $9,648 $773,751 $619,002 $154,749
2022 $9,208 $758,580 $606,865 $151,715
2021 $9,089 $743,707 $594,966 $148,741
2019 $8,820 $721,650 $577,320 $144,330
2018 $8,728 $707,500 $566,000 $141,500
2016 $659 $42,364 $22,957 $19,407
2015 $651 $41,729 $22,613 $19,116
2014 $664 $40,913 $22,171 $18,742
Source: Public Records

Agents Affiliated with this Home

  • Gary Bluman

    Seller's Agent in 2017

    Gary Bluman

    Real Estate Resources of CA

    (310) 704-6866

    3 Total Sales

    Gary Bluman
    Section Image

  • L

    Buyer's Agent in 2017

    LAURA ARENAS

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Map

Source: The MLS

MLS Number: 17-273026

The MLS

APN: 5020-001-023

California Los Angeles County Los Angeles 90037 Vermont Square

1301 W 40th Place, Los Angeles, CA

This home is located at 1301 W 40th Place, Los Angeles, CA 90037 since 21 September 2017 and is currently estimated at $991,985, approximately $514 per square foot. This property was built in 1911. 1301 W 40th Place is a home located in Los Angeles County with nearby schools including Normandie Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 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.
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