NOT LISTED FOR SALE

3714 1/4 Berry Dr Studio City, CA 91604

Estimated Value: $4,082,000 - $6,162,000

3 Beds
2 Baths
2,700 Sq Ft
$1,841/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $935,000 $346 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $31,301/month

25 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • 0.5 Acre Lot
  • Rio Vista Elementary Rated A-
  • Panoramic View
  • Recreation Room

About This Home

As of December 2014

Incredible opportunity in the Studio City Hills for owners, builders, and developers! This unique property on coveted Berry Drive offers breathtaking 180 degree views of the San Fernando Valley. This private and secluded mini compound currently consists of an approximate 1,400+/-, main house, a 600 sq.ft.+/-garage with a 600 sq.ft.+/- permitted addition above, and an approximate 700 sq.ft.+/-permitted addition besides the garage. The permitted additions were recently constructed in 2002. This half acre lot offers a large flat pad and gentle slope to accommodate all the luxuries you desire. Several studies have been performed, including a topography and slope study analysis, which confirmed the ability to build up to a 5,500 sq.ft.+/-residence. Preliminary plans for a 4 bedroom/4 bath, plus guest house, infinity pool, spa, fire pit are also available for the property. Size of Homes in the MLS include the Studios/storage roomsReduced to sell!!

Last Agent to Sell the Property

Robert Lee Walters

Leland Properties License #01052638 Listed on: 10/03/2014

Last Buyer's Agent

Linda Rappoport

Priority Properties License #00817861

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 21,948 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned LARE15

Property Views

  • Panoramic
  • City Lights

Home Design

  • Spanish Architecture
  • Split Level Home
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway
  • Guest Parking

Additional Homes

  • Detached Guest House

Listing and Financial Details

  • Assessor Parcel Number 2378-018-036

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0.5 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 2700
  • Lot Acreage: 0.5000
  • Stories: 1
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings
  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Hardwood
  • Appliances: Cooktop - Electric, Oven-Electric
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Nook
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 333.30

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Pillar/Post/Pier
  • Fence: Chain Link
  • Guest House: Detached
  • Pool: No
  • View: City, City Lights, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Parking for Guests

Lot Info

  • Assessor Parcel Number: 2378-018-036
  • Geocode Override: No
  • Lot Size Area: 21948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2018
Sold by
Ahn Janice
Bought by
Chung Jae
Current Estimated Value
$4,970,715

Purchase Details

Closed on
Oct 30, 2018
Sold by
Graceling Distribution Llc
Bought by
Chung Jae

Purchase Details

Closed on
Feb 26, 2016
Sold by
R & M Berry Llc
Bought by
Graceling Distribution Llc

Purchase Details

Listed on
Oct 3, 2014
Closed on
Jan 8, 2015
Sold by
Murray Dougal and Roessler Frank
Bought by
R & M Berry Llc
Seller's Agent
Robert Lee Walters
Leland Properties
Buyer's Agent
Linda Rappoport
Priority Properties
List Price
$999,999
Sold Price
$935,000
Premium/Discount to List
-$64,999
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 4, 2014
Sold by
Robertson Natalee
Bought by
Murray Dougal
Seller's Agent
Robert Lee Walters
Leland Properties
Buyer's Agent
Linda Rappoport
Priority Properties
List Price
$999,999
Sold Price
$935,000
Premium/Discount to List
-$64,999
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 31, 2014
Sold by
Youredjian Hagop and Youredjian Zarig
Bought by
Murray Dougal and Roessler Frank
Seller's Agent
Robert Lee Walters
Leland Properties
Buyer's Agent
Linda Rappoport
Priority Properties
List Price
$999,999
Sold Price
$935,000
Premium/Discount to List
-$64,999
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4%

Purchase Details

Closed on
Apr 8, 2014
Sold by
Allen Susan
Bought by
Youredjian Hagop and Youredjian Zarig

Purchase Details

Closed on
Jun 6, 2006
Sold by
Nelson Billie Jane
Bought by
Tyrrell Billie N
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
Chung Jae -- Lawyers Title Company
Chung Jae $4,295,000 Lawyers Title Company
Graceling Distribution Llc $1,287,500 Lawyers Title Company
R & M Berry Llc -- None Available
Murray Dougal -- Old Republic Title Company
Murray Dougal $935,000 Old Republic Title Company
Youredjian Hagop $775,000 Old Republic Title Company
Tyrrell Billie N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Dougal $468,000
Previous Owner Murray Dougal $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $935,000 +3.9% $346 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/21/2014 10/21/14 Price Changed $899,900 -10.0% $333 / Sq Ft
10/03/2014 10/03/14 For Sale $999,999 -- $370 / 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 $56,867 $4,791,137 $3,346,542 $1,444,595
2024 $56,867 $4,697,194 $3,280,924 $1,416,270
2023 $55,749 $4,605,093 $3,216,593 $1,388,500
2022 $53,130 $4,514,798 $3,153,523 $1,361,275
2021 $52,577 $4,426,274 $3,091,690 $1,334,584
2020 $52,973 $4,380,889 $3,059,989 $1,320,900
Source: Public Records

Agents Affiliated with this Home

  • Robert Lee Walters

    Seller's Agent in 2014

    Robert Lee Walters

    Leland Properties

    (818) 384-6004

    5 in this area

    19 Total Sales

    Robert Lee Walters
    Section Image

  • L

    Buyer's Agent in 2014

    Linda Rappoport

    Priority Properties

    (818) 426-2434

    1 Total Sale

    Linda Rappoport
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-798411

The MLS

APN: 2378-018-041

California Los Angeles County Studio City 91604

3714 1/4 Berry Dr, Studio City, CA

Not Listed for Sale

Detached

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