$4,290,000
SOLD MAR 11, 2022
5 Beds
7 Baths
4,374 Sq Ft
6,295 Sq Ft Lot

Recently Sold

$981 Per Sq Ft

9% Below List Price

112 Days on Market

Highlights

  • New Construction
  • City Lights View
  • Wood Flooring
  • Fairburn Avenue Elementary Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of March 2022

300K PRICE REDUCTION!! Live the ultimate indoor/outdoor luxury lifestyle in this epic new construction home situated on a large corner lot in idyllic Westwood. Step inside the light-filled open-floor plan to find an array of upmarket features including picture and clerestory windows, wide plank hardwood flooring, custom chandeliers, and marble accents throughout. The modern chefs' kitchen features marble countertops, a seated island, a walk-in pantry, and pass-through windows for convenient al-fresco dining. Entertain in the large game room, work remotely from the bespoke office, or unwind in the massive living room with a marble fireplace and dual bi-fold doors opening to both the outdoor dining area and outdoor lounge. A resort-inspired primary suite features a dressing room, walk-in shower, soaking tub, and balcony ideal for sunset relaxation. Located minutes from the fine dining and award-winning schools of Westwood and Beverly Hills, this pristine residence offers the apex of refined design and cosmopolitan flair.

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 10/20/2021

Home Team Realty

Last Buyer's Agent

Carina Slepian

Carina Slepian, Broker License #01938221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,793

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,295 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,374 Sq Ft Home
  • 2-Story Property
  • Den with Fireplace
  • City Lights Views
  • Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4326-027-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,793

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4374
  • Lot Acreage: 0.1445
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2021
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Hardwood, Carpet
  • Appliances: Microwave, Free Standing Gas
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: On Upper Level, Laundry Area
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Dishwasher, Hood Fan, Microwave, Garbage Disposal, Electric Dryer Hookup, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 1004.80

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Fireplace, Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4326-027-001
  • Lot Size Area: 6295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Feb 17, 2022
Sold by
1651 Fairburn Avenue
Bought by
Fairburn Corp
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Carina Slepian
Carina Slepian, Broker
List Price
$4,695,000
Sold Price
$4,290,000
Premium/Discount to List
-$405,000
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 8, 2016
Sold by
Shirazi Alireza
Bought by
Ghafari Hasi
Seller's Agent
Hamid Dehghan
Ken Straw, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,590,000
Sold Price
$1,575,000
Premium/Discount to List
-$15,000
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%
Original Mortgage
$787,000
Interest Rate
3.66%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 13, 2016
Sold by
Seyed Hani
Bought by
Ghafari Hasi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,000
Interest Rate
3.66%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
May 28, 2014
Closed on
Aug 23, 2014
Sold by
Ghafari Hasi
Bought by
1651 Fairburn Llc
Seller's Agent
Chad Lund
Douglas Elliman
Buyer's Agent
Hamid Dehghan
HRD Realty Inc.
List Price
$1,299,000
Sold Price
$1,440,000
Premium/Discount to List
$141,000
10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 2, 2014
Sold by
Gerald Isabelle P
Bought by
Shirazi Alireza and Karasseva Larisa
Seller's Agent
Chad Lund
Douglas Elliman
Buyer's Agent
Hamid Dehghan
HRD Realty Inc.
List Price
$1,299,000
Sold Price
$1,440,000
Premium/Discount to List
$141,000
10.85%

Purchase Details

Closed on
Mar 17, 2009
Sold by
Pasche Kirsti K
Bought by
Pasche Kirsti K and The Kirsti K Pasche Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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 Type Sale Price Title Company
Grant Deed $4,290,000 Provident Title
Grant Deed $1,575,000 Fidelity National Title Co
Quit Claim Deed -- Fidelity National Title Co
Grant Deed -- Provident Title
Grant Deed $1,440,014 Title 365
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $787,000 Stand Alone First
Previous Owner $360,000 Commercial
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $71,000 Unknown
Previous Owner $70,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Price Changed $4,900,000 -1.0% $1,120 / Sq Ft
01/22/2025 01/22/25 Price Changed $4,950,000 -1.0% $1,132 / Sq Ft
01/15/2025 01/15/25 Price Changed $5,000,000 +4.2% $1,143 / Sq Ft
01/14/2025 01/14/25 For Sale $4,800,000 0.0% $1,097 / Sq Ft
01/13/2025 01/13/25 Off Market $4,800,000 -- --
01/06/2025 01/06/25 Price Changed $4,800,000 -3.0% $1,097 / Sq Ft
12/30/2024 12/30/24 Price Changed $4,950,000 -9.7% $1,132 / Sq Ft
12/04/2024 12/04/24 For Sale $5,480,000 +27.7% $1,253 / Sq Ft
03/11/2022 03/11/22 Sold $4,290,000 -2.4% $981 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/06/2022 01/06/22 Price Changed $4,395,000 -6.4% $1,005 / Sq Ft
10/20/2021 10/20/21 For Sale $4,695,000 +198.1% $1,073 / Sq Ft
07/15/2016 07/15/16 Sold $1,575,000 -0.9% $823 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $1,590,000 +10.4% $831 / Sq Ft
07/15/2014 07/15/14 Sold $1,440,000 +10.9% $752 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $1,299,000 -- $679 / 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 $53,793 $4,552,582 $3,183,624 $1,368,958
2024 $53,793 $4,463,316 $3,121,200 $1,342,116
2023 $52,734 $4,375,800 $3,060,000 $1,315,800
2022 $36,289 $3,091,908 $1,722,491 $1,369,417
2021 $35,873 $3,031,283 $1,688,717 $1,342,566
2019 $19,615 $1,638,630 $1,638,630 $0
2018 $19,536 $1,606,500 $1,285,200 $321,300
2016 $17,717 $1,461,960 $1,169,568 $292,392
2015 $17,458 $1,440,000 $1,152,000 $288,000
2014 $14,242 $1,178,325 $307,389 $870,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-795434

The MLS

APN: 4326-027-001