NOT LISTED FOR SALE

3940 Westside Ave Los Angeles, CA 90008

Leimert Park Neighborhood

Estimated Value: $1,110,000 - $1,196,825

3 Beds
1.5 Baths
1,769 Sq Ft
$645/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $645,000 $365 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,498/month

27 Days on Market

Highlights

  • Cabana
  • Traditional Architecture
  • Den
  • Living Room with Fireplace
  • No HOA
  • Breakfast Area or Nook

About This Home

As of December 2016

Don't miss this opportunity to own in Leimert Park. Currently one of the most highly sought after neighborhoods in LA due to it's close proximity to DTLA, the westside and beach communities. The new metro line, emergence of new restaurants and shopping are an added plus. This unique home had the same owner for 60 years and was lovingly cared for throughout. The open and spacious floor plan is filled with light, freshly painted interior and new wood laminate flooring. The kitchen has a breakfast nook and also opens to formal dining area with separate living room and den areas. Each of the 3 bedrooms has ample closet space. The full bath maintains the original characteristics of the time period. A sliding glass door leads to an outdoor living space featuring a sparkling swimming pool, complete with spacious cabana area including a fireplace and grill. Perfect for entertaining and everyday relaxation.

Last Agent to Sell the Property

Macqueline Cathey

Coldwell Banker Realty License #01236868 Listed on: 10/25/2016

Last Buyer's Agent

Joseph Arsenio

License #01944608

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 6,147 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,769 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Laminate Flooring
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dressing Area

Pool

  • Cabana
  • In Ground Pool

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5034-003-035

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1769
  • Probate: No
  • Stories: 1
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Fireplace: Yes
  • Price Per S Q F T: 372.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5034-003-035
  • Geocode Override: No
  • Lot Size Area: 6147

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Nov 23, 2016
Sold by
Yamaguchi Patricia
Bought by
Mertzanis Dennis and Chang Jung Hyun Susan
Seller's Agent
Macqueline Cathey
Coldwell Banker Realty
Buyer's Agent
Joseph Arsenio
List Price
$689,000
Sold Price
$645,000
Premium/Discount to List
-$44,000
-6.39%
Current Estimated Value
$1,140,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,206
Avg. Annual Appreciation
6.45%
Original Mortgage
$633,317
Outstanding Balance
$515,531
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$624,675
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mertzanis Dennis $645,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertzanis Dennis $633,317
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $645,000 -2.1% $365 / Sq Ft
11/17/2016 11/17/16 Price Changed $659,000 -4.4% $373 / Sq Ft
10/25/2016 10/25/16 For Sale $689,000 -- $389 / 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 $6,856 $561,514 $438,290 $123,224
2024 $6,856 $550,505 $429,697 $120,808
2023 $6,729 $539,712 $421,272 $118,440
2022 $6,424 $529,130 $413,012 $116,118
2021 $6,336 $518,756 $404,914 $113,842
2019 $6,149 $671,057 $536,846 $134,211
2018 $8,023 $657,900 $526,320 $131,580
2016 $1,055 $77,818 $30,829 $46,989
2015 $1,042 $76,650 $30,366 $46,284
2014 $1,055 $75,150 $29,772 $45,378
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Macqueline Cathey

    Coldwell Banker Realty

  • J

    Buyer's Agent in 2016

    Joseph Arsenio

See All Agents

Map

Source: The MLS

MLS Number: 16-176058

The MLS

APN: 5034-003-035

California Los Angeles County Los Angeles 90008 Leimert Park

3940 Westside Ave, Los Angeles, CA

Not Listed for Sale

Detached

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