Seller's Agent in 2014
Maria Holland
RE/MAX
(562) 502-1752
9 Total Sales
1320 Devon Ave Los Angeles, CA 90024
Westwood NeighborhoodEstimated Value: $2,342,000 - $3,555,000
8
Beds
4
Baths
5,163
Sq Ft
$599/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Contemporary Architecture
- No HOA
- Fairburn Avenue Elementary Rated A
- Wood Flooring
- Neighborhood Views
About This Home
As of November 2014**NEW PRICE REDUCTION**LOCATION! LOCATION! THE PROPERTY IS A SINGLE TWO STORY BUILDING WITH 4 UNITS. 3 OF THE UNITS ARE SINGLE LEVEL 2 BEDROOM 1 BATH, WITH THE 4TH UNIT BEING A SECOND LEVEL WITH 2 BEDROOM, 1.5 BATHROOM. TWO OF THE SINGLE LEVEL UNITS ARE UPSTAIRS AND ONE IS DOWNSTAIRS. ALL UNITS HAVE A LIVING ROOM, DINING ROOM, KITCHEN, BATHROOM AND LAUNDRY ROOM. THREE OF THE UNITS HAVE WOOD FLOORS, ONE HAS CARPET. BATHROOMS AND KITCHENS HAVE EITHER LINOLEUM OR TILE. TWO OF THE UNITS HAVE FIREPLACES. THERE IS A DETACHED GARAGE WITH 4 SINGLE CAR GARAGES. EACH UNIT HAS GAS STOVES, GARBAGE DISPOSAL AND WASHER/DRYER. UNITS HAVE WINDOW A/C. TWO OF THE UNITS HAVE ACCESS TO A BACK PATIO/COURTYARD. THERE IS A BASEMENT THAT HOUSES WATER HEATERS AND OTHER EQUIPMENT. THE OWNER PAYS FOR WATER, GAS, SEWER AND TRASH. EACH TENANT IS RESPONSIBLE FOR THEIR OWN ELECTRICITY. THE PROPERTY HAS A LUSH LANDSCAPING WITH AUTOMATIC SPRINKLERS. CLOSE TO WESTWOOD AND UCLA, CENTURY CITY, LOS ANGELES COUNTRY CLUB, PUBLIC TRANSPORTATION. ETC...
Last Agent to Sell the Property
Re/Max Olympic License #01321373 Listed on: 04/11/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,148
Year Built
- Built in 1939
Lot Details
- 7,843 Sq Ft Lot
- 1 Common Wall
- Fence is in average condition
- Front and Back Yard Sprinklers
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Contemporary Architecture
- Property Attached
- Raised Foundation
- Shingle Roof
- Composition Roof
- Asphalt Roof
Interior Spaces
- 5,163 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Neighborhood Views
- Basement
Kitchen
- Gas Oven
- Gas Cooktop
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 4
- Tax Tract Number 2657
- Assessor Parcel Number 4327011004
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Foothills
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,031
- Gardener Expense $2,200
- Insurance Expense $2,460
- Maintenance Expense $3,011
- Professional Management Expense $6,173
- Trash Expense $515
- Water Sewer Expense $515
- New Taxes Expense $24,166
- Gross Income $88,559
- Net Operating Income $46,074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2024
Sold by
Neman Kaveh and Ghasri Poneh
Bought by
Beverly-Glen & Devon Llc
Current Estimated Value
Purchase Details
Closed on
May 21, 2021
Sold by
Beverly Glen & Devon Llc
Bought by
Neman Kaveh and Ghasri Poneh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,067,000
Interest Rate
2.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 14, 2016
Sold by
Neman Bahar
Bought by
Neman Kaveh
Purchase Details
Closed on
Oct 5, 2016
Sold by
Neman Kaveh
Bought by
Beverly Glen & Devon Llc
Purchase Details
Closed on
May 19, 2015
Sold by
Neman Bahar and Neman Kaveh
Bought by
Beverly Glen & Devon Llc
Purchase Details
Listed on
Apr 11, 2014
Closed on
Oct 31, 2014
Sold by
Ghasri Poneh
Bought by
Neman Kaveh
Seller's Agent
Maria Holland
Re/Max Olympic
Buyer's Agent
T.A. (Taffy) Bishara
RE/MAX OLYMPIC
List Price
$209,999
Sold Price
$1,950,000
Premium/Discount to List
$1,740,001
828.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Purchase Details
Closed on
Aug 18, 2014
Sold by
Richarte Guillermo
Bought by
Neman Bahar and Neman Kaveh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,202,925
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2009
Sold by
Moreno Guillermo Richarte
Bought by
Richarte Guillermo
Purchase Details
Closed on
Jan 16, 2006
Sold by
The George William Mitzner Revocable Tr
Bought by
Moreno Guillermo Richarte
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beverly-Glen & Devon Llc | -- | -- | |
| Neman Kaveh | -- | Wfg National Title Co Of Ca | |
| Beverly Glen & Devon Llc | -- | None Available | |
| Beverly Glen & Devon Llc | -- | Accommodation | |
| Neman Kaveh | -- | Ticor Title | |
| Neman Bahar | $1,800,000 | Ticor Title | |
| Richarte Guillermo | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Neman Kaveh | $1,067,000 | |
| Previous Owner | Neman Bahar | $1,202,925 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2014 11/10/14 | Sold | $1,950,000 | +828.6% | $378 / Sq Ft |
| 08/08/2014 08/08/14 | Pending | -- | -- | -- |
| 04/11/2014 04/11/14 | For Sale | $209,999 | -- | $41 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $26,148 | $2,163,321 | $1,562,401 | $600,920 |
| 2024 | $26,148 | $2,120,904 | $1,531,766 | $589,138 |
| 2023 | $25,647 | $2,079,319 | $1,501,732 | $577,587 |
| 2022 | $32,801 | $2,754,000 | $1,938,000 | $816,000 |
| 2021 | $24,148 | $1,998,578 | $1,443,419 | $555,159 |
| 2020 | $24,395 | $1,978,086 | $1,428,619 | $549,467 |
| 2019 | $23,428 | $1,939,301 | $1,400,607 | $538,694 |
| 2018 | $23,300 | $1,901,277 | $1,373,145 | $528,132 |
| 2016 | $22,263 | $1,827,450 | $1,319,825 | $507,625 |
| 2015 | $23,727 | $1,950,000 | $1,450,000 | $500,000 |
| 2014 | -- | $1,900,000 | $1,683,500 | $216,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2014
T.A. (Taffy) Bishara
RE/MAX
(626) 331-4868
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14074347
APN: 4327-011-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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