NOT LISTED FOR SALE

Estimated Value: $2,566,603 - $3,276,000

4 Beds
3.5 Baths
2,400 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $2,280,000 $950 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $18,239/month

97 Days on Market

Highlights

  • Detached Guest House
  • New Construction
  • Primary Bedroom Suite
  • Beethoven Street Elementary School Rated 9+
  • Gourmet Kitchen
  • Granite Flooring

About This Home

As of November 2020

One of a kind American modern farmhouse with fully permitted 2 story ADU, complete with it's own address. This home has been meticulously built with no expenses spared! Enter through the motorized gate and manicured lawn to your own private oasis that only the most discerning buyer will love. Step inside on to the wide-plank oak floors and open concept kitchen, complete with custom cabinets and viking/subzero appliances. Following along with the California cool vibe, you'll find the center of the home to be the expansive outdoor sundeck, made of XTR bamboo, that surrounds a large ficus tree. The perfect spot for entertaining or dining al fresco. The very rare 2 story 1 bed, 1.5 bath ADU leaves endless possibilities with its own private deck and separate entrance, giving you the flexibility to use as guest house, office space or even a rental property to subsidize your mortgage! Walking distance to the popular Alana's coffee shop and a short stroll to Venice beach.

Last Agent to Sell the Property

Allison Lutz

The Agency License #01945014 Listed on: 08/07/2020

The Agency

Last Buyer's Agent

Mystoura Afolabi

Beverly and Company, Inc. License #01515906

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,232

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 46x125
  • West Facing Home
  • Fenced Yard
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned LAR1

Home Design

  • Farmhouse Style Home
  • Turnkey
  • Additions or Alterations
  • Shingle Roof
  • Fire Retardant Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Double Door Entry
  • French Doors
  • Insulated Doors
  • Family Room
  • Living Room
  • Home Office
  • Storage
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Studio bedroom
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Parking Spaces
  • Driveway
  • Automatic Gate

Outdoor Features

  • Deck
  • Wood Patio
  • Rain Gutters
  • Front Porch

Additional Homes

  • Detached Guest House

Location

  • Ground Level Unit
  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4246-025-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,232

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Levels: Ground Level, Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Disability Access: DisabilityAccess, Handicap Access, Doors - Swing In, Doors w/Lever Handles, 32 inch or more wide doors
  • Entry Location: Main Level
  • Living Area: 2400
  • Lot Acreage: 0.1320
  • Lot Dimensions: 46x125
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction, Additions/Alter
  • Stories: 1
  • Year Built: 2020
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Detached/No Common Walls, Crown Moldings, Beamed Ceiling(s), Cathedral-Vaulted Ceilings, Recessed Lighting, Turnkey, Open Floor Plan, Laundry - Closet Stacked, High Ceilings (9 Feet+), Storage Space
  • Flooring: Wood, Hardwood, Tile, Stone, Granite
  • Appliances: Cooktop - Gas, Microwave, Built-Ins
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite, Master Retreat, WalkInCloset, 2 Master Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Shower and Tub, Tile, Sunken Tub, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Family Kitchen, Family Room, Living Room, Kitchen Island, In Kitchen
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Inside, Laundry Area, Laundry Closet Stacked
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Dryer, Dishwasher, Freezer, Garbage Disposal, Ice Maker, Hood Fan, Microwave, Refrigerator, Range/Oven, Cable, Washer, Stackable W/D Hookup
  • Price Per S Q F T: 956.25
  • Windows: Garden Window, Bay Window, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Fiber Cement
  • Other Features: French Doors, Two On A Lot, Custom Built, High Ceilings (9 Feet+), Sprinkler System, Rain Gutters, Insulated Doors, Double Door Entry
  • Other Structures: Accessory Dwelling Unit, GuestHouse, Other
  • Fence: Electric
  • Guest House: Detached
  • Patio: Deck(s), Porch - Front, Wood
  • Pool: No
  • Roof: Fire Retardant, Shingle
  • Spa Yn: No
  • View: Any
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Water Heater: Tankless, Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Carbon Monoxide Detector(s), Automatic Gate, Gated, Prewired for alarm system, T.V., Smoke Detector, Window Bars, Exterior Security Lights

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System, Sprinkler Timer, Sprinkler System, Front
  • Assessor Parcel Number: 4246-025-025
  • Lot Description: Exterior Security Lights, Fenced, Fenced Yard, Front Yard, Lawn, Sidewalks, Yard, Storm Drains, Automatic Gate
  • Lot Location: Park Nearby, Near Public Transit
  • Lot Size Area: 5750

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 16, 2020
Sold by
Pang Michelle Li
Seller's Agent
Allison Lutz
The Agency
Buyer's Agent
Mystoura Afolabi
Beverly and Company, Inc.
List Price
$2,395,000
Sold Price
$2,280,000
Premium/Discount to List
-$115,000
-4.8%
Current Estimated Value
$2,922,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,901
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 11, 2020
Sold by
Magrum Investments
Seller's Agent
Allison Lutz
The Agency
Buyer's Agent
Mystoura Afolabi
Beverly and Company, Inc.
List Price
$2,395,000
Sold Price
$2,280,000
Premium/Discount to List
-$115,000
-4.8%

Purchase Details

Listed on
May 2, 2019
Closed on
May 23, 2019
Sold by
Yu Kevin and Suzuki Karina
Bought by
Magrum Investments
Seller's Agent
Sherri Noel
KW Advisors
Buyer's Agent
Allison Lutz
The Agency
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.80%

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 13, 2013
Sold by
Gholam Robih Nicolas
Bought by
Yu Kelvin and Suzuki Karina
Seller's Agent
Sam Plotkin
The Passman Group, Inc.
Buyer's Agent
Josh Heine
Keller Williams Hollywood Hills
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$720,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Kiely James and Kiely Christine M
Bought by
Gholam Rabih Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Cullen Mildred K and Overton Susan
Bought by
Kiely James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2001
Sold by
Cullen Mildred K and James W & Mildred K Cullen Tru
Bought by
Cullen Mildred K
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
-- -- Fidelity National Title
-- $2,280,000 Fidelity National Title
Magrum Investments $1,300,000 Priority Title
Yu Kelvin $900,000 Fidelity National Title Co
Gholam Rabih Nicolas $757,500 Orange Coast Title
Kiely James $695,000 California Title Company
Cullen Mildred K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Kelvin $720,000
Previous Owner Gholam Rabih Nicolas $606,000
Previous Owner Kiely James $521,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $2,280,000 -0.7% $950 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $2,295,000 -4.2% $956 / Sq Ft
08/07/2020 08/07/20 For Sale $2,395,000 +84.2% $998 / Sq Ft
05/29/2019 05/29/19 Sold $1,300,000 -3.7% $1,027 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $1,350,000 +50.0% $1,066 / Sq Ft
09/26/2013 09/26/13 Sold $900,000 +0.1% $711 / Sq Ft
08/07/2013 08/07/13 For Sale $899,000 -- $710 / Sq Ft
Source: The MLS

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 $29,232 $2,467,942 $1,956,711 $511,231
2024 $29,232 $2,419,552 $1,918,345 $501,207
2023 $28,662 $2,372,111 $1,880,731 $491,380
2022 $27,317 $2,325,600 $1,843,854 $481,746
2021 $26,922 $2,280,000 $1,807,700 $472,300
2020 $16,121 $1,326,000 $1,060,800 $265,200
2019 $3,719 $989,020 $791,218 $197,802
2018 $11,666 $969,628 $775,704 $193,924
2016 $11,158 $931,979 $745,584 $186,395
2015 $10,992 $917,981 $734,385 $183,596
2014 $11,029 $900,000 $720,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-611572

The MLS

APN: 4246-025-025