3940 Oeste Ave Studio City, CA 91604
5
Beds
5
Baths
5,011
Sq Ft
0.9
Acres
Highlights
- 0.9 Acre Lot
- Canyon View
- Maid or Guest Quarters
- Ulysses S. Grant Senior High School Rated A-
- Room in yard for a pool
- Fireplace in Primary Bedroom
About This Home
As of December 2023This home is located on a private road in the exclusive "Oeste Estates" neighborhood of Studio City. This updated Contemporary Mediterranean estate boasts over 5,000 square feet and features 5 beds / 4.5 baths on an expansive lot comprising nearly an acre. Sprawling entry is greeted with a grand foyer and elevated ceilings that feature a circular staircase. A large living room completed with hardwood floors is flooded with natural light. A large family room transitions seamlessly to the chef's kitchen, highlighting a 48" Viking range and a sizable island. Upstairs spotlights four bedrooms, including a substantial Master Suite with hardwood floors and vaulted ceilings that lead into a sweeping bathroom featuring a see-through fireplace and spa-like relaxation tub. This property is private and serene with lush landscaping. The home is located very close to the prestigious Harvard Westlake School and less than a minute's drive to Ventura Blvd and some of the cities best shopping and eatery.
Last Agent to Sell the Property
The Dean Company License #00970290 Listed on: 02/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,012
Year Built
- Built in 2000
Lot Details
- 0.9 Acre Lot
- Property is zoned LARE40
Property Views
- Canyon
- Park or Greenbelt
Home Design
- Contemporary Architecture
Interior Spaces
- 5,011 Sq Ft Home
- 2-Story Property
- Built-In Features
- Formal Entry
- Great Room
- Separate Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Den
- Center Hall
- Alarm System
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Dressing Area
- Maid or Guest Quarters
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Brick Driveway
- Guest Parking
Outdoor Features
- Room in yard for a pool
- Open Patio
- Gazebo
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cable TV Available
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
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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: 21-695594
APN: 2384-024-018
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