NOT LISTED FOR SALE

Estimated Value: $1,655,963 - $2,336,000

5 Beds
5 Baths
3,642 Sq Ft
$579/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $1,600,000 $439 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,197/month

93 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Stone Countertops
  • Fairburn Avenue Elementary Rated A
  • Main Floor Bedroom
  • Lawn

About This Home

As of December 2018

A stunning villa with 2 bedrooms and 1 bathroom located on a serene street surrounded by trees in Westwood. This property is ideal for UCLA faculty members, students, or professionals. It has been beautifully renovated, featuring new appliances and original hardwood floors. It's just a short 10-minute walk to UCLA, and only 5 blocks away from Westwood Village.

Last Agent to Sell the Property

Carla Lowringer

T.N.G. Real Estate Consultants License #00967595 Listed on: 07/13/2018

T.N.G. Real Estate Consultants

Last Buyer's Agent

Cliff Uzan

Uzan Realty License #01003985

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,523

Year Built

  • Built in 1948

Lot Details

  • 5,974 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Lawn
  • Garden
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Plaster
  • Stucco

Interior Spaces

  • 3,642 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, telephone, trash collection, water
  • Tax Lot 32
  • Tax Tract Number 7803
  • Assessor Parcel Number 4325022034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,020
  • Insurance Expense $1,291
  • Water Sewer Expense $4,800
  • Operating Expense $7,111
  • Gross Income $56,832
  • Net Operating Income $49,721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,523

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 4325022034
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Pantry, Stone Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 439.32
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Plaster, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Garden, Lawn
  • Lot Size Sq Ft: 5974.00
  • Lot Size Acres: 0.1371

Rental Info

  • Tenant Pays: Gas, Telephone, Trash Collection, Water

Multi Family

  • Gross Income: 56832.00
  • Gross Scheduled Income: 56832.00
  • Insurance Expense: 1291.00
  • Lot Size Area: 5974.0000 Square Feet
  • Net Operating Income: 49721.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7111.00
  • Rent Control: Yes
  • Total Expenses: 7111.00

Tax Info

  • Tax Census Tract: 2655.20
  • Tax Lot: 32
  • Tax Tract Number: 7803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Oct 25, 2018
Sold by
Lazarou Kitty and Schwartz Karen L
Bought by
Cunin Chaim N and Hayes Tova
Seller's Agent
Carla Lowringer
T.N.G. Real Estate Consultants
Buyer's Agent
Cliff Uzan
Uzan Realty
List Price
$1,899,000
Sold Price
$1,600,000
Premium/Discount to List
-$299,000
-15.75%
Current Estimated Value
$2,109,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,241
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,200,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Cunin Chaim N $1,600,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunin Chaim N $1,130,370
Closed Cunin Chaim N $1,124,000
Closed Hayes Tova $1,124,475
Closed Cunin Chaim N $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $3,940 -- --
09/15/2024 09/15/24 For Rent $3,940 0.0% --
12/06/2018 12/06/18 Sold $1,600,000 -0.6% $439 / Sq Ft
09/30/2018 09/30/18 Price Changed $1,610,000 -15.2% $442 / Sq Ft
07/13/2018 07/13/18 For Sale $1,899,000 -- $521 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,523 $1,784,825 $1,561,724 $223,101
2024 $21,523 $1,749,829 $1,531,102 $218,727
2023 $21,110 $1,715,520 $1,501,081 $214,439
2022 $20,133 $1,681,884 $1,471,649 $210,235
2021 $19,878 $1,648,907 $1,442,794 $206,113
2019 $19,285 $1,600,000 $1,400,000 $200,000
2018 $2,216 $152,071 $99,093 $52,978
2016 $2,085 $146,168 $95,246 $50,922
2015 $2,059 $143,974 $93,816 $50,158
2014 $2,088 $141,155 $91,979 $49,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18169334

California Regional Multiple Listing Service (CRMLS)

APN: 4325-022-034