NOT LISTED FOR SALE

Estimated Value: $1,408,000 - $1,669,000

3 Beds
2 Baths
1,481 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $1,390,000 $939 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,967/month

81 Days on Market

Highlights

  • City Lights View
  • Spanish Architecture
  • No HOA
  • Wooded Lot
  • Private Yard
  • Balcony

About This Home

As of February 2023

Welcome to Casa del Rincon, a resurrected 1926 Spanish beauty in Beachwood Canyon. This utterly charming 3 BR/2 BA gem sits majestically above the street like the queen of the block, with an amazing backstory that is as romantic and magical as arched doorway that welcomes you home. Multiple outdoor seating areas make maximum use of the extensively landscaped lot, including the new patio surrounded by a wall of summer blooming jasmine. 2 car garage- rare in Beachwood Canyon. Over $400k in renovated/updated features include: New roof, driveway, interior & exterior paint, new garage door openers & refurbished original doors, custom-made awnings, new patio off the living room, new landscaping & irrigation system, Thermador dual-fuel stove, commercial grade hood with warming shelf, Fisher-Paykel dishwasher & fridge, new copper plumbing, new electrical, new sewer lines, new insulation to keep the house cool in summer & cozy all winter.

NOTE: The City of LA issued a Notice of Substandard Condition and an Order to Comply related to an un-permitted retaining wall at the rear of the property. Estimates from contractors to construct a new wall range from $50-120k, possibly more. Buyers are strongly urged to consult their own experts and/or contractors. The Order to Comply has been added to title, which means it will be virtually impossible to obtain title insurance until the Order to Comply is removed. This also means obtaining conventional financing will likely not be possible, but some unconventional lenders may fund a loan depending on specific borrower profiles. Any buyer would need to complete the work required by the Order to Comply. A market analysis of recent sales in the area going back 4 months suggests a fair market price of $1.65m for this property. The reduced list price reflects the anticipated cost of the repairs and associated costs.

Last Agent to Sell the Property

Will Flannigan

COMPASS License #01951292 Listed on: 10/25/2022

COMPASS

Last Buyer's Agent

Conor Sutton

Compass License #01946167

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,335

Year Built

  • Built in 1926

Lot Details

  • 2,866 Sq Ft Lot
  • Steep Slope
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • City Lights
  • Canyon
  • Neighborhood

Home Design

  • Spanish Architecture
  • Pillar, Post or Pier Foundation
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 1,481 Sq Ft Home
  • Electric Fireplace
  • Awning
  • Entryway
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Warming Drawer
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 249
  • Tax Tract Number 1504
  • Assessor Parcel Number 5580009013

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,335

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 310-920-1108
  • Other Phone Description: 310-920-1108
  • Other Phone Number: 310-920-1108
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5580009013
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1481.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Electric
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 938.56
  • Room Type: Entry, Living Room
  • Bathroom Features: Shower, Shower In Tub, Remodeled, Upgraded, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Pillar/Post/Pier
  • Exterior Features: Awning(s)
  • View: Canyon, City Lights, Neighborhood
  • Patio And Porch Features: Enclosed, Patio, Patio Open
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Instant Hot Water, Tankless Water Heater, Warming Drawer
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Los Angeles Unified

Green Features

  • Efficiency: Insulation, Water Heater

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Steep Slope, Treed Lot, Yard
  • Lot Size Sq Ft: 2866.00
  • Lot Size Acres: 0.0658

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2866.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 249
  • Tax Tract Number: 1504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
2408 Detour Dr Llc
Bought by
Karpidas Elisabeth
Current Estimated Value
$1,564,053

Purchase Details

Listed on
Oct 25, 2022
Closed on
Feb 7, 2023
Sold by
Riedel Living Trust
Bought by
2408 Detour Drive Llc
Seller's Agent
Will Flannigan
COMPASS
Buyer's Agent
Conor Sutton
Compass
List Price
$1,548,000
Sold Price
$1,390,000
Premium/Discount to List
-$158,000
-10.21%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Sep 17, 2009
Sold by
Riedel Ursula Pax
Bought by
Riedel U Pax

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
2.49%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 26, 2006
Sold by
Riedel Ursula Pax
Bought by
Riedel Ursula Pax

Purchase Details

Closed on
Apr 15, 2004
Sold by
Riedel Bernard L
Bought by
Riedel Ursula Pax

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
5.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2004
Sold by
Little William D and Little Timothy E
Bought by
Riedel Ursula Pax

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
5.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 2001
Sold by
Beck Robert C
Bought by
Cary Beck Land Trust
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
Karpidas Elisabeth -- None Listed On Document
2408 Detour Drive Llc $1,390,000 Placer Title
Riedel U Pax -- Placer Title Company
Riedel Ursula Pax -- None Available
Riedel Ursula Pax -- Old Republic Title Company
Riedel Ursula Pax -- Old Republic Title Company
Cary Beck Land Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riedel U Pax $938,250
Previous Owner Riedel Ursula Pax $15,000
Previous Owner Riedel Ursula Pax $423,000
Previous Owner Little William D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $1,390,000 -5.3% $939 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $1,468,000 -5.2% $991 / Sq Ft
10/27/2022 10/27/22 For Sale $1,548,000 -- $1,045 / 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 $17,335 $1,545,000 $1,200,000 $345,000
2024 $17,335 $1,417,800 $1,134,240 $283,560
2023 $14,676 $1,196,460 $957,168 $239,292
2022 $7,136 $582,790 $569,401 $13,389
2021 $7,047 $571,364 $558,237 $13,127
2019 $6,771 $554,419 $541,680 $12,739
2018 $6,741 $543,549 $531,059 $12,490
2016 $6,406 $522,445 $510,439 $12,006
2015 $6,313 $514,598 $502,772 $11,826
2014 $6,337 $504,519 $492,924 $11,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF22229089

California Regional Multiple Listing Service (CRMLS)

APN: 5580-009-013