NOT LISTED FOR SALE

Estimated Value: $1,183,000 - $1,778,000

4 Beds
3 Baths
1,884 Sq Ft
$839/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $1,400,000 $743 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,070/month

12 Days on Market

Highlights

  • Detached Guest House
  • Spanish Architecture
  • No HOA
  • John Marshall Senior High Rated A
  • Furnished
  • Home Office

About This Home

As of June 2023

Welcome to the stylishly renovated 4051 Baywood St, a Modern Adobe Spanish gem that's sure to catch your eye! If you're in search of the perfect home in the highly desirable NELA area, specifically trendy Atwater Village, you've just found it. The main house offers an expertly crafted layout, maximizing its 3 bed/2 bath design to its full potential, boasting an impressive 1434 sqft of living space. The open floor plan is perfect for entertaining and the kitchen and living room flow seamlessly together. The luxurious master suite features a large walk-in closet, beautiful en suite bathroom, and a private walkout deck that leads to a stunning backyard. The home has been modernized with exquisite finishes, including Luxury Vinyl Floors, Stainless Steel appliances with a Z-Line Range Hood, a 3rd generation NEST learning thermostat, and a large kitchen island with sleek white quartz countertops and soft-close white shaker cabinets. You'll also appreciate the beautiful tile work and recessed lighting throughout the home. Adding to the home's charm is a 450 sqft ADU (4053 Baywood), which is perfect for guests, a home office, or even as a legal rental unit with its own separate entrance and back patio to ensure privacy. This beautiful space boasts an open living/kitchen/bedroom layout with a full bath and stackable washer/dryer hookups. All new square footage, including the ADU, is fully permitted. The backyard has been meticulously landscaped with drought-resistant plants, making it an entertainer's dream and the perfect place for hosting large dinner parties. Every aspect of this home has been updated, including the electrical, plumbing, sewer line, roof, doors, windows, floors, insulation, drywall, tile, paint, and landscaping. You can rest assured that you are purchasing a move-in ready home that has been renovated with the utmost attention to detail. This home is ideally located close to popular Atwater Village cafes and restaurants, Griffith Park, LA River bike path, hiking trails, the famous Atwater Village Farmers Market, Glendale Galleria, and DTLA. You'll love the designer style touches and tasteful finishes throughout, making this a comfortable and beautiful space you'll be proud to call your own for years to come. The property has also been exceptional as a rental as it has been rented out through a special corporate rental company grossing over $10,000 per month. All designer furniture and appliances seen in photos to be included in sale.

Last Agent to Sell the Property

Josiah Thropay

Equity Union License #02094235 Listed on: 05/10/2023

Equity Union

Co-Listed By

Tiffany Martinez

Equity Union License #02019859

Last Buyer's Agent

Phil Zaikovatyy

Altera Realty License #01925735

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,465

Year Built

  • Built in 1924

Lot Details

  • 7,003 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Entryway
  • Living Room
  • Dining Area
  • Home Office

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5593-028-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,465

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1884
  • Lot Acreage: 0.1608
  • Lot Dimensions: 50x140
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Vinyl Plank, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven
  • Inclusions: All appliances and furniture
  • Price Per S Q F T: 849.26

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage Is Detached, Garage - 2 Car, Driveway - Concrete
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5593-028-014
  • Lot Size Area: 7003

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
May 22, 2023
Sold by
4051 Baywood Llc
Bought by
Bass Jacob and Bass Natalie
Seller's Agent
Josiah Thropay
Equity Union
Buyer's Agent
Phil Zaikovatyy
Altera Realty
List Price
$1,599,999
Sold Price
$1,400,000
Premium/Discount to List
-$199,999
-12.5%
Views
26
Current Estimated Value
$1,581,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,281
Avg. Annual Appreciation
5.83%
Original Mortgage
$725,000
Outstanding Balance
$706,382
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$874,899

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 1, 2021
Sold by
Thropay Josiah Benjamin
Bought by
4051 Baywood Llc
Seller's Agent
LETICIA PANOSSIAN
Berkshire Hathaway HomeServices
Buyer's Agent
Josiah Thropay
Lifetime Realty Inc
List Price
$949,000
Sold Price
$980,000
Premium/Discount to List
$31,000
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.91%
Original Mortgage
$1,083,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 13, 2021
Sold by
Henighan Lupe Subia and Subia Roberto
Bought by
Thropay Josiah Benjamin
Seller's Agent
LETICIA PANOSSIAN
Berkshire Hathaway HomeServices
Buyer's Agent
Josiah Thropay
Lifetime Realty Inc
List Price
$949,000
Sold Price
$980,000
Premium/Discount to List
$31,000
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,083,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2008
Sold by
Subia Clementina
Bought by
Clementina Subia Revocable Living Trust
Source: Public Records

Range of Values:

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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
Bass Jacob $1,400,000 Provident Title Company
4051 Baywood Llc -- Accommodation
Thropay Josiah Benjamin $980,000 Provident Title Company
Clementina Subia Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Jacob $725,000
Previous Owner 4051 Baywood Llc $1,130,000
Previous Owner Thropay Josiah Benjamin $1,083,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $1,400,000 -12.5% $743 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $1,599,999 +63.3% $849 / Sq Ft
08/27/2021 08/27/21 Sold $980,000 +3.3% $788 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $949,000 -3.2% $763 / Sq Ft
08/06/2021 08/06/21 Off Market $980,000 -- --
07/28/2021 07/28/21 For Sale $949,000 -- $763 / 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 $17,465 $1,456,560 $1,165,248 $291,312
2024 $17,465 $1,428,000 $1,142,400 $285,600
2023 $12,323 $999,600 $877,200 $122,400
2022 $11,750 $980,000 $860,000 $120,000
2021 $797 $47,682 $29,953 $17,729
2020 $798 $47,194 $29,646 $17,548
2019 $777 $46,269 $29,065 $17,204
2018 $676 $45,363 $28,496 $16,867
2016 $631 $43,604 $27,391 $16,213
2015 $624 $42,950 $26,980 $15,970
2014 $635 $42,110 $26,452 $15,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-268841

The MLS

APN: 5593-028-014