3940 Oeste Ave Studio City, CA 91604
5
Beds
4.5
Baths
5,011
Sq Ft
0.9
Acres
Highlights
- Heated In Ground Pool
- 0.9 Acre Lot
- Fireplace in Primary Bedroom
- Ulysses S. Grant Senior High School Rated A-
- Canyon View
- Contemporary Architecture
About This Home
As of December 2023Nestled within the prestigious gated enclave of "Oeste Estates" in Studio City, you'll discover this magnificent Mediterranean estate. The home exudes a sense of refined luxury and style that is both subtle and compelling.Spanning an impressive 5,000 square feet, this palatial residence offers five sumptuous bedrooms and 4.5 exquisite bathrooms, all set on a sprawling lot that extends almost to an acre. As you step through the front door, you are welcomed by a striking grand foyer with soaring ceilings and a stunning circular staircase, setting the tone for the elegance that lies within.The expansive living room, adorned with European white oak hardwood floors, baths in an abundance of natural light, creating a warm and inviting ambiance. The generously proportioned family room flows seamlessly into the gourmet chef's kitchen, featuring a top-of-the-line LaCornue Stove range, a substantial island, and bespoke paneled cabinetry in a soothing palette.On the upper level, four luxurious bedrooms await, including the regal primary suite. This opulent retreat boasts European white oak hardwood floors, vaulted ceilings, and a private sitting room that overlooks the newly installed heated pool and hot tub, set in the heart of your own private oasis. The sitting room features a see-through fireplace made out of fluted travertine, adding an extra touch of comfort and luxury. The ensuite bathroom and powder room are a sanctuary of relaxation, painted with a lime wash finish and complete with a spa-inspired soaking tub.The outdoor spaces are as impressive as the interior, offering tranquility and privacy amidst verdant landscaping. Immerse yourself in the resort-style luxury of the brand new heated pool and hot tub, perfect for year-round enjoyment.The property's prime location is an added bonus, being in close proximity to the esteemed Harvard Westlake School and just a stone's throw away from some of the city's premier shopping and dining options at the Sportsmen's Lodge.This home is more than just a residence; it's a statement of luxury and sophistication. Indulge in the lifestyle you've always dreamed of in this exquisite Studio City estate.
Last Agent to Sell the Property
Douglas Elliman License #02021884 Listed on: 11/29/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,012
Year Built
- Built in 2000
Lot Details
- 0.9 Acre Lot
- South Facing Home
- Property is zoned LARE40
Property Views
- Canyon
- Hills
Home Design
- Contemporary Architecture
Interior Spaces
- 5,011 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
Parking
- 6 Car Attached Garage
- 4 Open Parking Spaces
Pool
- Heated In Ground Pool
- Heated Spa
Additional Features
- Outdoor Grill
- Zoned Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2384-024-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2023
Closed on
Dec 21, 2023
Sold by
Prince Jonathan
Bought by
Cox Darnell
Seller's Agent
Marc Verbena
Douglas Elliman
Buyer's Agent
Nancy Ross
Compass
List Price
$4,700,000
Sold Price
$4,600,000
Premium/Discount to List
-$100,000
-2.13%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,270
Avg. Annual Appreciation
1.83%
Purchase Details
Listed on
Nov 29, 2023
Closed on
Dec 20, 2023
Sold by
3940 Oeste Avenue Llc
Bought by
Cox Darnell
Seller's Agent
Marc Verbena
Douglas Elliman
Buyer's Agent
Nancy Ross
Compass
List Price
$4,700,000
Sold Price
$4,600,000
Premium/Discount to List
-$100,000
-2.13%
Views
74
Purchase Details
Closed on
Nov 16, 2021
Sold by
Gorelik Ariel
Bought by
3940 Oeste Avenue Llc
Purchase Details
Listed on
Feb 19, 2021
Closed on
Jun 2, 2021
Sold by
Tabbush Jennifer G
Bought by
Gorelik Ariel
Seller's Agent
Gregory Dean
The Dean Company
Buyer's Agent
Marc Verbena
Douglas Elliman
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.97%
Original Mortgage
$2,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2006
Sold by
Vongerlach Hilary A
Bought by
Vongerlach Hilary A and The Hilary A Von Gerlach Trust
Purchase Details
Closed on
Aug 10, 2001
Sold by
Stone Howard and The Howard Stone Revocable Tru
Bought by
Vongerlach Hilary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
7%
Purchase Details
Closed on
Jul 19, 2001
Sold by
Greenberg Mead
Bought by
Vongerlach Hilary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
7%
Purchase Details
Closed on
Jun 24, 1999
Sold by
Lieberman Mel and Lieberman Susan
Bought by
Stone Howard and Howard Stone Revocable Trust
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 |
|---|---|---|---|
| Quit Claim Deed | -- | Equity Title Company | |
| Grant Deed | $4,600,000 | Equity Title Company | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $2,500,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Individual Deed | $1,250,000 | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Grant Deed | $509,090 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Construction | |
| Previous Owner | $2,926,330 | New Conventional | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $650,000 | Stand Alone Second | |
| Previous Owner | $1,250,000 | Negative Amortization | |
| Previous Owner | $975,000 | Unknown | |
| Previous Owner | $937,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2023 12/27/23 | Sold | $4,600,000 | -2.1% | $918 / Sq Ft |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $4,700,000 | +88.0% | $938 / Sq Ft |
| 06/22/2021 06/22/21 | Sold | $2,500,000 | -10.6% | $499 / Sq Ft |
| 06/18/2021 06/18/21 | Pending | -- | -- | -- |
| 06/14/2021 06/14/21 | For Sale | $2,795,000 | 0.0% | $558 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | Price Changed | $2,795,000 | -6.7% | $558 / Sq Ft |
| 02/19/2021 02/19/21 | For Sale | $2,995,000 | -- | $598 / 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 | $56,012 | $4,600,000 | $2,760,000 | $1,840,000 |
| 2023 | $31,411 | $2,550,000 | $1,326,000 | $1,224,000 |
| 2022 | $30,562 | $2,550,000 | $1,938,000 | $612,000 |
| 2021 | $20,770 | $1,705,991 | $1,016,772 | $689,219 |
| 2020 | $20,909 | $1,688,499 | $1,006,347 | $682,152 |
| 2019 | $20,085 | $1,655,392 | $986,615 | $668,777 |
| 2018 | $19,903 | $1,622,934 | $967,270 | $655,664 |
| 2017 | $19,471 | $1,591,112 | $948,304 | $642,808 |
| 2016 | $18,970 | $1,559,914 | $929,710 | $630,204 |
| 2015 | $18,693 | $1,536,483 | $915,745 | $620,738 |
| 2014 | $18,762 | $1,506,386 | $897,807 | $608,579 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Verbena
Seller's Agent in 2023
Marc Verbena
Douglas Elliman
(213) 271-8613
3 in this area
19 Total Sales
-
Nancy Ross
Buyer's Agent in 2023
Nancy Ross
Compass
(310) 968-4180
2 in this area
58 Total Sales
-
Laura Barton
Buyer Co-Listing Agent in 2023
Laura Barton
Compass
(310) 600-2746
2 in this area
59 Total Sales
-
Gregory Dean
Seller's Agent in 2021
Gregory Dean
The Dean Company
(310) 502-5002
1 in this area
15 Total Sales
-
Nicholas Hassel
Seller Co-Listing Agent in 2021
Nicholas Hassel
The Dean Company
(310) 502-5002
1 in this area
6 Total Sales
Map
Source: The MLS
MLS Number: 23-335671
APN: 2384-024-018
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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