2717 Patricia Ave Los Angeles, CA 90064
Cheviot Hills Neighborhood
2
Beds
2
Baths
1,791
Sq Ft
9,666
Sq Ft Lot
Highlights
- City Lights View
- Wood Flooring
- 2 Car Attached Garage
- Overland Avenue Elementary School Rated A
- Spanish Architecture
- Laundry Room
About This Home
As of March 20241927 authentic Spanish home in an idyllic neighborhood. One of the most sought after properties in Cheviot Hills. There were 14 offers on this property when it was last sold, due to the desirable location, large lot, view potential, schools, and Cheviot address. This is a heavy fixer or tear down. The perfect place to build your dream. View potential with 2nd story. Walk to Rancho Park Golf Course, restaurants, shopping, and more. Soils report available. Purchased with the intention to build a forever home, the Seller's business is too demanding to allow for the undertaking of the project. Check the comp next door at 2711 Patricia.
Last Agent to Sell the Property
Keller Williams Beverly Hills License #01248586 Listed on: 12/02/2023
Last Buyer's Agent
Keller Williams Beverly Hills License #01248586 Listed on: 12/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,664
Year Built
- Built in 1927
Lot Details
- 9,666 Sq Ft Lot
- Lot Dimensions are 74x123
- East Facing Home
- Tear Down
- Property is zoned LAR1
HOA Fees
- $8 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- City Lights
- Golf Course
Home Design
- Spanish Architecture
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 1,791 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Laundry Room
Flooring
- Wood
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Floor Furnace
Listing and Financial Details
- Assessor Parcel Number 4318-016-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2024
Sold by
Perub and Viswanath
Bought by
Viswanath Purab and Viswanath Ritu
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,645,000
Outstanding Balance
$1,631,606
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$1,018,463
Purchase Details
Listed on
Dec 2, 2023
Closed on
Jan 25, 2024
Sold by
Mugar Matthew and Mugar Danielle
Bought by
Viswanath Perub and Viswanath Ritu
Seller's Agent
Joe LaCroix
Keller Williams Beverly Hills
Buyer's Agent
Joe LaCroix
Keller Williams Beverly Hills
List Price
$2,595,000
Sold Price
$2,337,000
Premium/Discount to List
-$258,000
-9.94%
Views
149
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$400,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Mar 15, 2023
Closed on
Apr 18, 2023
Sold by
Diane Schoolar Trust
Bought by
Mugar Matthew and Mugar Daniella
Seller's Agent
Margareta Saperston
Compass
Buyer's Agent
Joe LaCroix
Keller Williams Beverly Hills
List Price
$2,100,000
Sold Price
$2,550,000
Premium/Discount to List
$450,000
21.43%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.54%
Purchase Details
Closed on
Sep 17, 2020
Sold by
Schoolar Diane
Bought by
Schoolar Diane
Purchase Details
Closed on
Feb 5, 2010
Sold by
Schoolar Rosalind and The Schoolar Family Trust
Bought by
Schoolar Rosalind and The Schoolar Family Trust
Purchase Details
Closed on
May 14, 1996
Sold by
Schoolar Douglas H and Schoolar Rosalind C
Bought by
Schoolar Douglas and Schoolar Rosalind
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Provident Title Company | |
| Grant Deed | $2,350,000 | Clearmark Title | |
| Grant Deed | $2,550,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,645,000 | New Conventional | |
| Previous Owner | $400,000 | Seller Take Back | |
| Previous Owner | $1,300,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2024 03/12/24 | Sold | $2,337,000 | -2.4% | $1,305 / Sq Ft |
| 01/21/2024 01/21/24 | Pending | -- | -- | -- |
| 01/08/2024 01/08/24 | Price Changed | $2,395,000 | -7.7% | $1,337 / Sq Ft |
| 12/02/2023 12/02/23 | For Sale | $2,595,000 | +1.8% | $1,449 / Sq Ft |
| 04/28/2023 04/28/23 | Sold | $2,550,000 | +21.4% | $1,424 / Sq Ft |
| 03/29/2023 03/29/23 | Pending | -- | -- | -- |
| 03/15/2023 03/15/23 | For Sale | $2,100,000 | -- | $1,173 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $31,664 | $2,601,000 | $2,080,800 | $520,200 |
| 2023 | $1,935 | $129,645 | $106,016 | $23,629 |
| 2022 | $1,863 | $127,104 | $103,938 | $23,166 |
| 2021 | $1,828 | $124,612 | $101,900 | $22,712 |
| 2020 | $1,839 | $123,336 | $100,856 | $22,480 |
| 2019 | $1,782 | $120,919 | $98,879 | $22,040 |
| 2018 | $1,709 | $118,549 | $96,941 | $21,608 |
| 2016 | $1,623 | $113,948 | $93,178 | $20,770 |
| 2015 | $1,603 | $112,238 | $91,779 | $20,459 |
| 2014 | $1,619 | $110,041 | $89,982 | $20,059 |
Source: Public Records
Agents Affiliated with this Home
-
Joe LaCroix
Seller's Agent in 2024
Joe LaCroix
Keller Williams Beverly Hills
(310) 699-7804
2 in this area
20 Total Sales
-
Margareta Saperston
M
Seller's Agent in 2023
Margareta Saperston
Compass
(310) 384-2676
2 in this area
3 Total Sales
Map
Source: The MLS
MLS Number: 23-336691
APN: 4318-016-004
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