NOT LISTED FOR SALE

Estimated Value: $3,730,000 - $4,420,000

3 Beds
3.5 Baths
1,987 Sq Ft
$2,021/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $3,500,000 $1,761 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $24,102/month

62 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Property is near park
  • Grand View Elementary School Rated A
  • Dual Staircase
  • 3-minute walk to Bruce's Beach

About This Home

As of July 2023

This stunning Mediterranean-style single family home is situated in a prime location just West of Highland, only a block and a half away from the beach. Offering breathtaking panoramic ocean views from Catalina to Malibu, this property boasts an oversized half lot and was originally purchased as new construction by the current owner in 2003. The entry level features a luxurious Master Suite with a private ocean view deck and a spa-like bathroom complete with a relaxing spa tub. There is also an additional bedroom on this level with an en suite bathroom. The gourmet kitchen is fully equipped with high-end stainless steel appliances, a walk-in pantry, and opens up to a spacious living room with a cozy fireplace and a large deck that is perfect for entertaining and enjoying the spectacular ocean views. On the lower level, you will find a 2-car garage with direct access, a laundry room, small office space, and a third bedroom with a private bathroom. Conveniently located just a short distance away from downtown, restaurants, shopping, freeways, and LAX.

Last Agent to Sell the Property

Gary Elminoufi

Beach City Brokers License #01139207 Listed on: 03/08/2023

Beach City Brokers

Co-Listed By

Anthony Elminoufi

Beach City Brokers License #01874551

Beach City Brokers

Last Buyer's Agent

Anthony Elminoufi

Beach City Brokers License #01874551

Beach City Brokers

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 1,500 Sq Ft Lot
  • Property is zoned MNRH

Parking

  • 2 Car Direct Access Garage
  • Attached Carport
  • Parking Available

Property Views

  • Ocean
  • Catalina

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,987 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • Living Room Balcony
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Additional Features

  • Exterior Lighting
  • Property is near park
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15 / 15
  • Assessor Parcel Number 4177020021

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRH
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4177020021
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1987.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Living Room Balcony, Pantry, Recessed Lighting, Storage
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1761.45
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Catalina, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1500.00
  • Lot Size Acres: 0.0344

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 6203.05
  • Tax Lot: 15

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Leweke Family Trust
Bought by
Rakow Joseph Francis and Rakow Rana Mary
Current Estimated Value
$4,016,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2008
Sold by
Leweke Richard A
Bought by
Leweke Richard A and Leweke Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2003
Sold by
Taylor Marshall M
Bought by
Leweke Richard A and Leweke Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2000
Sold by
Taylor Judith F
Bought by
Taylor Marshall M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8.26%

Purchase Details

Closed on
Feb 3, 2000
Sold by
De Patie Ann S Tr Ann S De Patie Trust
Bought by
Taylor Marshall M and Mcelhinnie Kathrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8.26%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Depatie Ann S
Bought by
Depatie Ann Stevens and Ann Stevens De Patie 1998 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rakow Joseph Francis $3,500,000 First American Title
Leweke Richard A -- None Available
Leweke Richard A -- None Available
Leweke Richard A $1,165,000 Natc
Taylor Marshall M -- North American Title Co
Taylor Marshall M $525,000 North American Title Co
Depatie Ann Stevens -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rakow Joseph Francis $2,450,000
Previous Owner Leweke Richard A $695,000
Previous Owner Leweke Richard A $700,000
Previous Owner Taylor Marshall M $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $3,500,000 -3.3% $1,761 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $3,620,000 +3.4% $1,822 / Sq Ft
03/21/2023 03/21/23 Off Market $3,500,000 -- --
03/08/2023 03/08/23 For Sale $3,620,000 -- $1,822 / 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 $39,690 $3,570,000 $2,856,000 $714,000
2024 $39,690 $3,500,000 $2,800,000 $700,000
2023 $18,825 $1,621,775 $1,271,396 $350,379
2022 $18,843 $1,589,976 $1,246,467 $343,509
2021 $18,492 $1,558,801 $1,222,027 $336,774
2019 $18,039 $1,512,568 $1,185,782 $326,786
2018 $17,750 $1,482,911 $1,162,532 $320,379
2016 $16,564 $1,425,331 $1,117,391 $307,940
2015 $16,254 $1,403,922 $1,100,607 $303,315
2014 $16,006 $1,376,422 $1,079,048 $297,374
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23037916

California Regional Multiple Listing Service (CRMLS)

APN: 4177-020-021