NOT LISTED FOR SALE

2957 Midvale Ave Los Angeles, CA 90064

Rancho Park Neighborhood

Estimated Value: $2,533,125 - $2,563,000

5 Beds
3 Baths
2,950 Sq Ft
$862/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $2,200,000 $746 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,729/month

36 Days on Market

Highlights

  • Detached Guest House
  • Traditional Architecture
  • Tandem Parking
  • Clover Avenue Elementary School Rated A
  • No HOA
  • Tankless Water Heater

About This Home

As of July 2021

Completely renovated single-story traditional front house and a brand new ADU in fabulous Westside location. This beautifully remodeled front house is a 1,750 Sq.Ft. 5 bed/3bath with an open floor plan. Filled with natural light, this house has a generous Chef's kitchen with custom cabinetry, a prep island with quartz countertops, stainless steel appliances, high-end plumbing fixtures, engineered floors, and a washer & dryer. Brand new roof, new HVAC unit, new plumbing, and new electrical are just to name a few. The permitted ADU completed in 2021 is a 3 bed/3bath, with separate access, solar panel, full kitchen, with in-unit washer & dryer is perfect for generating considerable income with short or long-term rentals. Located in the coveted Clover Elementary district just a short distance to Trader Joe's, shops, restaurants, the Metro Expo Westwood Station, new Google HQ, Century City & UCLA, and places of worship. Calling all owner users and investors who are looking for an income-generating asset.

Last Agent to Sell the Property

Ali Fallahassady

Compass License #01875903 Listed on: 04/01/2021

Compass

Last Buyer's Agent

Hani Mudawar

THE brokeredge License #01995072

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 7,112 Sq Ft Lot
  • Lot Dimensions are 58x120
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,950 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Tandem Parking

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Multi-Tank Gas Water Heater
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4254-003-015

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

7,112 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2950
  • Lot Acreage: 0.1633
  • Lot Dimensions: 58x120
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Counter Top
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator
  • Price Per S Q F T: 745.76

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car, Tandem
  • Total Parking: 1

Utilities

  • Water Heater: Gas, Multi-Tank, Tankless
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4254-003-015
  • Lot Size Area: 7112

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2020
Sold by
Kravitz Oded
Bought by
11922 Tabor Avenue Llc
Current Estimated Value
$2,543,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2018
Sold by
Kravitz Oded
Bought by
Kravitz Oded

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 26, 2018
Sold by
Khorramian Mitra
Bought by
Manavi Mehrdad
Seller's Agent
David Moradifar
HomeSmart, Evergreen Realty
Buyer's Agent
Amir Lashgari
Nest Seekers
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 25, 2018
Sold by
Toubian Behzad and Manavi Mehrdad
Bought by
Kravitz Oded
Seller's Agent
David Moradifar
HomeSmart, Evergreen Realty
Buyer's Agent
Amir Lashgari
Nest Seekers
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Toubian Behzad
Bought by
Toubian Behzad and Manavi Mehrdad

Purchase Details

Closed on
Feb 7, 2014
Sold by
Khorramian Mitra
Bought by
Manavi Mehrdad

Purchase Details

Closed on
Jul 31, 2007
Sold by
Toubian Elham Masserat
Bought by
Toubian Behzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2007
Sold by
Saretsky Janet and Acterman Donna
Bought by
Toubian Behzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
6.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
11922 Tabor Avenue Llc -- Provident Title Company
Kravitz Oded -- Wfg National Title Company O
Kravitz Oded -- Wfg National Title Company O
Manavi Mehrdad -- Lawyers Title Insurance Comp
Toubian Behzad -- Lawyers Title Insurance Comp
Kravitz Oded $1,300,000 Lawyers Title Insurance Comp
Toubian Behzad -- Accommodation
Toubian Behzad -- Accommodation
Manavi Mehrdad -- Lawyers Title
Manavi Mehrdad $350,000 Lawyers Title
Toubian Behzad -- Equity Title Company
Toubian Behzad $689,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 11922 Tabor Avenue Llc $350,000
Previous Owner Kravitz Oded $500,000
Previous Owner Toubian Behzad $551,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2021 07/28/21 Sold $2,200,000 0.0% $746 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $2,200,000 +69.2% $746 / Sq Ft
08/09/2018 08/09/18 Sold $1,300,000 -6.8% $1,043 / Sq Ft View Prior Sale
06/08/2018 06/08/18 For Sale $1,395,000 -- $1,120 / Sq Ft
Source: The MLS

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 $28,203 $2,334,657 $1,597,118 $737,539
2024 $27,910 $2,288,880 $1,565,802 $723,078
2023 $27,369 $2,244,000 $1,535,100 $708,900
2022 $26,093 $2,200,000 $1,505,000 $695,000
2021 $15,745 $1,313,468 $1,111,396 $202,072
2020 $16,221 $1,326,000 $1,060,800 $265,200
2019 $15,573 $1,300,000 $1,040,000 $260,000
2018 $10,655 $872,105 $638,947 $233,158
2016 $10,903 $897,482 $701,051 $196,431
2015 $9,831 $807,443 $718,013 $89,430
2014 $9,217 $738,262 $657,902 $80,360
Source: Public Records

Agents Affiliated with this Home

  • Ali Fallahassady

    Seller's Agent in 2021

    Ali Fallahassady

    Compass

    (310) 591-9172

    1 in this area

    32 Total Sales

    Ali Fallahassady
    Section Image

  • H

    Buyer's Agent in 2021

    Hani Mudawar

    THE brokeredge

  • D

    Seller's Agent in 2018

    David Moradifar

    HomeSmart, Evergreen Realty

    (310) 954-0577

    4 Total Sales

    David Moradifar
    Section Image
  • Amir Lashgari

    Buyer's Agent in 2018

    Amir Lashgari

    Nest Seekers

    (213) 921-6292

    19 Total Sales

    Amir Lashgari
    Section Image
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Map

Source: The MLS

MLS Number: 21-712832

The MLS

APN: 4254-003-015

California Los Angeles County Los Angeles 90034 Rancho Park

2957 Midvale Ave, Los Angeles, CA

Not Listed for Sale

Detached

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