NOT LISTED FOR SALE

Estimated Value: $1,814,000 - $2,485,000

2 Beds
2 Baths
1,627 Sq Ft
$1,337/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $1,690,000 $1,039 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,311/month

29 Days on Market

Highlights

  • Detached Guest House
  • City View
  • Spanish Architecture
  • 24-Hour Security
  • Wood Flooring
  • No HOA

About This Home

As of May 2021

Fantastic Westwood Spanish lovingly maintained with 2 large bedrooms with ample closets, 2 gorgeous bathrooms, and a designer cooks kitchen. Gleaming hardwood floors throughout with large open, barrel-ceiling living room. Wonderful, private rear yard, and Large 1 Bd ADU above the 2-car garage. Laundry areas in the house and in rear structure. Large patio off ADU is ideal for appreciating the Century City views. Plus plenty of off-street parking. Walk to Century City, Westwood Village, Westwood Charter School, and much more!

Last Agent to Sell the Property

Scott Tamkin

Compass License #01336758 Listed on: 02/24/2021

Compass

Last Buyer's Agent

LILY FONG

License #01864394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,733

Year Built

  • Built in 1923

Lot Details

  • 5,403 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Auto Driveway Gate

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • City Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Covered Patio or Porch
  • Detached Guest House

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4321-016-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,733

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1627
  • Lot Acreage: 0.1240
  • Lot Dimensions: 40x135
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Vented Exhaust Fan
  • Fireplace: No
  • Price Per S Q F T: 1066.38

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage Is Detached, Garage - 2 Car, Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s), 24 Hour

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4321-016-003
  • Lot Size Area: 5403

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 26, 2021
Sold by
J J Franzoia Family Living Trust and Koppel Franzoia Joh
Bought by
Liu Michael Yang and Yuan Yun
Seller's Agent
Scott Tamkin
Compass
Buyer's Agent
LILY FONG
List Price
$1,735,000
Sold Price
$1,690,000
Premium/Discount to List
-$45,000
-2.59%
Current Estimated Value
$2,175,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,656
Avg. Annual Appreciation
5.84%
Original Mortgage
$1,352,000
Outstanding Balance
$1,219,038
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$956,618

Purchase Details

Closed on
Mar 5, 2007
Sold by
Franzoia James and Franzoia Joh
Bought by
Franzoia James A

Purchase Details

Closed on
Apr 30, 2003
Sold by
Elsenoussi Veronica
Bought by
Franzola James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Liu Michael Yang $1,690,000 Equity Title
Franzoia James A -- None Available
Franzola James $550,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Michael Yang $1,352,000
Previous Owner Franzola James $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $1,690,000 -2.6% $1,039 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,735,000 -- $1,066 / 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 $21,733 $1,829,308 $1,463,447 $365,861
2024 $21,733 $1,793,440 $1,434,752 $358,688
2023 $21,310 $1,758,275 $1,406,620 $351,655
2022 $20,314 $1,723,800 $1,379,040 $344,760
2021 $8,859 $735,906 $588,731 $147,175
2020 $8,948 $728,361 $582,695 $145,666
2019 $8,594 $714,080 $571,270 $142,810
2018 $8,494 $700,079 $560,069 $140,010
2016 $8,124 $672,896 $538,322 $134,574
2015 $8,004 $662,789 $530,236 $132,553
2014 $8,034 $649,807 $519,850 $129,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-697252

The MLS

APN: 4321-016-003