NOT LISTED FOR SALE

Estimated Value: $1,913,000 - $5,528,000

5 Beds
5 Baths
3,489 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $3,950,000 $1,132 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $25,472/month

41 Days on Market

Highlights

  • Spa
  • City Lights View
  • Marble Countertops
  • Venice High School Rated A
  • Marble Flooring
  • 2-minute walk to Centennial Park

About This Home

As of February 2021

An architectural showpiece in coveted Windward Circle. Rare sfr/duplex: 1521 is a breathtaking 2 story 2559 sqft 3+3 prime residence & 1519 is a 930sqft ground level, 2+2 bright unit. Ideal for owner-user, investor, live/work or multi-generation living. Renovated in 2020 with a focus on coastal light thru modern lines & unique wood detail, it spares no expense. The upper floors are an entertainers dream with glass doors that disappear, unique steel framed extended floor to ceiling windows, Miele kitchen, 15 marble island, dining for seamless in/outdoor meals, 2 huge decks & family room. Follow a sunlit staircase up to spacious bedrooms & treetop views with an expansive yet cozy master suite with Abbot Kinney views; the true gem is the BA with skylights and sun that sparkles off the statuary marble. Ground floor unit enjoys Blue Star stove, Carrera marble, polished concrete floors, floor to ceiling windows, private patio & parking. Wired Nest, 2 car garage, carport with alley gate.

Last Agent to Sell the Property

Amanda Robertson

Amanda Robertson License #01405403 Listed on: 12/10/2020

Last Buyer's Agent

Daria Greenbaum

Compass License #02007115

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,659

Year Built

  • 1939

Lot Details

  • 2,550 Sq Ft Lot
  • East Facing Home
  • Gated Home
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Updated or Remodeled
  • Additions or Alterations
  • Copper Plumbing

Interior Spaces

  • 3,489 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Skylights
  • Sliding Doors
  • Great Room
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Outdoor Features

  • Spa
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Listing and Financial Details

  • Assessor Parcel Number 4238-005-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,659

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Architectural
  • Levels: Three Or More
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 3489
  • Lot Acreage: 0.0585
  • Property Condition: Updated/Remodeled, Additions/Alter
  • Stories: 3
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Flooring: Hardwood, Marble
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Marble Counters
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Freezer, Vented Exhaust Fan, Refrigerator, Range/Oven, Washer, Dryer, Network Wire
  • Price Per S Q F T: 1173.69
  • Windows: Skylights

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, High Ceilings (9 Feet+), Full Copper Plumbing, Sliding Glass Doors
  • Other Structures: None
  • Pool: No
  • Spa Yn: Yes
  • View: City Lights, City, Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Carport
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Prewired for alarm system, Fire and Smoke Detection System, Gated

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 20.51
  • Assessed Improvement Value: 310666
  • Assessed Land Percent: 79.49
  • Assessed Land Value: 1203832
  • Total Assessed Value: 1514498
  • Assessor Parcel Number: 4238-005-021
  • Lot Size Area: 2550

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.50
  • Number Of Units: 2
  • Total Annual Expense: 60000
  • Type Of Units: duplex
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 2, 2021
Sold by
1521 Cabrillo Llc
Bought by
Allen Amy
Seller's Agent
Amanda Robertson
Amanda Robertson
Buyer's Agent
Daria Greenbaum
Compass
List Price
$4,095,000
Sold Price
$3,950,000
Premium/Discount to List
-$145,000
-3.54%
Total Days on Market
41
Current Estimated Value
$4,004,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,276
Avg. Annual Appreciation
-0.53%
Original Mortgage
$3,160,000
Outstanding Balance
$2,859,263
Interest Rate
2.43%
Mortgage Type
New Conventional
Estimated Equity
$1,001,837

Purchase Details

Closed on
Mar 21, 2019
Sold by
1521 Cabrillo Llc
Bought by
1521 Cabrillo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,717,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 3, 2019
Sold by
Siegel Lauren and Lauren Siegel Living Trust
Bought by
1521 Cabrillo Llc

Purchase Details

Listed on
Jan 27, 2014
Closed on
Apr 15, 2015
Sold by
Sirus Llc
Bought by
Siegel Lauren and Lauren Siegel Living Trust
Seller's Agent
Betsy Goldman
Bulldog Realtors, Inc.
Buyer's Agent
Jennifer Hughes
Compass
List Price
$1,500,000
Sold Price
$1,462,500
Premium/Discount to List
-$37,500
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$2,430,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2000
Sold by
Palmer Jeremy M
Bought by
Palmer Jeremy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.86%
Source: Public Records

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Range of Values:

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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
Allen Amy $3,950,000 Lawyers Title Company
1521 Cabrillo Llc -- Old Republic Title
1521 Cabrillo Llc -- Provident Title Company
Siegel Lauren $1,462,500 Lawyers Title
Palmer Jeremy M -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Amy $3,160,000
Previous Owner 1521 Cabrillo Llc $1,717,000
Previous Owner Siegel Lauren $2,430,000
Previous Owner Palmer Jeremy M $487,500
Previous Owner Palmer Jeremy M $385,000
Previous Owner Palmer Jeremy M $35,000
Previous Owner Palmer Jeremy M $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $3,950,000 -3.5% $1,132 / Sq Ft
01/21/2021 01/21/21 For Sale $4,095,000 0.0% $1,174 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $4,095,000 +180.0% $1,174 / Sq Ft
04/24/2015 04/24/15 Sold $1,462,500 -2.5% $1,024 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
01/27/2014 01/27/14 For Sale $1,500,000 -- $1,050 / 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
2024 $50,659 $4,191,771 $2,934,240 $1,257,531
2023 $49,665 $4,109,580 $2,876,706 $1,232,874
2022 $47,330 $4,029,000 $2,820,300 $1,208,700
2021 $22,367 $1,874,196 $1,607,196 $267,000
2020 $19,471 $1,607,395 $1,277,515 $329,880
2019 $18,686 $1,575,882 $1,252,466 $323,416
2018 $18,625 $1,544,987 $1,227,908 $317,079
2016 $17,830 $1,484,803 $1,180,228 $304,575
2015 $878 $62,457 $32,418 $30,039
2014 -- $61,234 $31,783 $29,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-669728

The MLS

APN: 4238-005-021