David McLaughlin
Keller Williams Westlake Village
(424) 842-3632
84 Total Sales
1 in Topanga
$1,435,000 Price
20037 Observation Dr Topanga, CA 90290
Topanga AreaEstimated Value: $1,409,983
2
Beds
2
Baths
1,800
Sq Ft
$783/Sq Ft
Est. Value
Highlights
- Detached Guest House
- 0.85 Acre Lot
- Property Near a Canyon
- Art Studio
- Canyon View
- Wood Flooring
About This Home
As of July 2022Project Observation is a great fixer opportunity in the center of Topanga Canyon. Privately tucked back in the hillside on close to an acre of land in the highly desirable climate perfect Fernwood area with multiple rustic accessory buildings throughout: a main house, an office, a yurt, a cabin, a studio, a trailer and multiple storage areas. The comfortable main-house has 2 bedrooms and 2 bathrooms with an inviting open floor plan which expands to big private decks and a large flagstone courtyard. Complete with a safe fire pit and raised bed gardens. Turn this into the perfect outdoor bbq area for friends and family... Meander through the natural pathways up to the large perched hillside yurt that once was used by Robert Downey Jr for his spiritual healing work. Or disappear up the rock ledge staircase which opens to a studio and a cabin with beautiful cross canyon views. This property has tons of potential and comes with plenty to work on. Live in the main house comfortably while you sort through the labors of love this land desperately needs. Notice of violation on title. Seller will carry (ask la for details). Property sold "AS IS". Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions / features of the Property. Do not disturb occupants. Call LA for a showing.
Last Agent to Sell the Property
Topanga Properties License #01400450 Listed on: 05/16/2022
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Home Details
Home Type
- Single Family
Year Built
- Built in 1935
Lot Details
- 36,824 Sq Ft Lot
- Property Near a Canyon
- North Facing Home
- Chain Link Fence
- Property is zoned LCR110
Home Design
- Bungalow
- Cosmetic Repairs Needed
- Fixer Upper
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Separate Family Room
- Living Room with Attached Deck
- Den
- Loft
- Bonus Room
- Art Studio
- Canyon Views
Kitchen
- Open to Family Room
- Oven
- Gas Cooktop
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms
- Studio bedroom
- Converted Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Steam Shower
Laundry
- Laundry Located Outside
- Propane Dryer Hookup
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Driveway
- Automatic Gate
Utilities
- Property is located within a water district
- Propane Water Heater
- Septic Tank
Additional Features
- Covered Patio or Porch
- Detached Guest House
- Ground Level Unit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4447-031-001
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2022
Closed on
Jun 28, 2022
Sold by
Silk Bunny Revocable Living Trust
Bought by
Seller's Agent
Chantal von Wetter
Topanga Properties
Buyer's Agent
Chantal von Wetter
Topanga Properties
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,983
Avg. Annual Appreciation
1.05%
Original Mortgage
$450,000
Outstanding Balance
$421,767
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$988,216
Purchase Details
Closed on
Aug 28, 2008
Sold by
Stephen Felix B
Bought by
Stephen Felix B and Silk Bunny Revocable Living Tr
Purchase Details
Closed on
Mar 11, 1998
Sold by
Stephen Felix
Bought by
Stephen Felix
Purchase Details
Closed on
Nov 8, 1996
Sold by
Moore Iris A
Bought by
Campbell James A
Purchase Details
Closed on
Nov 6, 1996
Sold by
Sinnappan Ildiko
Bought by
Stephen Felix
Purchase Details
Closed on
Oct 29, 1996
Sold by
Rosin Jacqueline A and Campbell James A
Bought by
Stephen Felix
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Topanga, CA
-
David McLaughlin
-
Patrick Cashdan
Patrick Cashdan
Keller Williams Westlake
(805) 586-9207
50 Total Sales
1 in Topanga
$349,000 Price
-
Laura Klein
Laura Klein
KRE + Associates
(213) 900-2162
56 Total Sales
2 in Topanga
$2.7M - $2.8M Price Range
-
Crosby Doe
Crosby Doe
Crosby Doe Associates, Inc.
(424) 541-1360
33 Total Sales
1 in Topanga
$1,250,000 Price
-
Janin Paine
Janin Paine
Compass
(424) 567-7575
20 Total Sales
1 in Topanga
$150,000 Price
-
William Preston Bowling
William Preston Bowling
Sotheby's International Realty
(424) 363-4838
25 Total Sales
21 in Topanga
$19K - $4.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,350,000 | Fidelity National Title | ||
| Stephen Felix B | -- | None Available | |
| Stephen Felix | -- | North American Title Co | |
| Campbell James A | -- | Equity Title | |
| Stephen Felix | -- | Equity Title | |
| Stephen Felix | $260,000 | Equity Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $450,000 | ||
| Previous Owner | Stephen Felix | $286,400 | |
| Previous Owner | Stephen Felix | $68,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $1,350,000 | -10.0% | $750 / Sq Ft |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- |
| 05/16/2022 05/16/22 | For Sale | $1,500,000 | -- | $833 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,912 | $583,664 | $530,604 | $53,060 |
| 2025 | $6,912 | $572,220 | $520,200 | $52,020 |
| 2024 | $6,832 | $561,000 | $510,000 | $51,000 |
| 2023 | $6,708 | $550,000 | $500,000 | $50,000 |
| 2022 | $1,164 | $91,005 | $91,005 | $0 |
| 2021 | $1,158 | $89,221 | $89,221 | $0 |
| 2019 | $1,122 | $86,576 | $86,576 | $0 |
| 2018 | $1,102 | $84,879 | $84,879 | $0 |
| 2016 | $1,059 | $81,584 | $81,584 | $0 |
| 2015 | $1,043 | $80,359 | $80,359 | $0 |
| 2014 | $1,051 | $78,785 | $78,785 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chantal von Wetter
Seller's Agent in 2022
Chantal von Wetter
Topanga Properties
(818) 869-3124
30 Total Sales
Map
Source: The MLS
MLS Number: 22-157747
APN: 4447-031-001
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© 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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