NOT LISTED FOR SALE

4054 Cartwright Ave Studio City, CA 91604

Estimated Value: $1,901,000 - $2,049,000

3 Beds
3 Baths
1,994 Sq Ft
$983/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $1,660,500 $833 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,201/month

21 Days on Market

Highlights

  • Detached Guest House
  • Built in 1940 | Newly Remodeled
  • Automatic Gate
  • Rio Vista Elementary Rated A-
  • Primary Bedroom Suite
  • Panoramic View

About This Home

As of April 2021

Form and function meet in perfect harmony with this beautifully and meticulously crafted private sanctuary in Studio City. This gorgeous newly constructed 3 bed 3 bath home with a detached office/yoga room on a large 8378 sq ft parcel sparkles with elegance and sophistication. There are three generously sized en suite bedrooms and baths with high-end finishes throughout. Impeccable landscaping seamlessly orchestrated by Felix Pfeifle. The gleaming brand new kitchen is complete with Viking cooktop, hood, double oven, refrigerator and beverage fridge. The Decora cabinets in kitchen, laundry and bathrooms are unmatched in quality. A smart home with a Nest, this almost 2000 sq ft house is has Le Grande electrical fixtures, Bisazza cement tile, real hardwood flooring, custom closets, Arteriors pendants, Kohler and Hansgrohe fixtures and countless other incredible finishes. Built to last on a quiet and idyllic cul de sac street located between Weddington park and the LA River Greenway Project. Prime Studio City location in the sought after South Weddington Park adjacent "Island" neighborhood. Giant deck and yard to enjoy picturesque mountain views, 4th of July and Harry Potter lightshows, everyone will want an invite to this backyard! Fantastic location near all of the hottest Studio City and Toluca Lake shops and restaurants.

Last Agent to Sell the Property

John Thoms

John Thoms Properties License #01860922 Listed on: 02/01/2021

Last Buyer's Agent

Jeremy McGinnis

License #01827357

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Newly Remodeled

Lot Details

  • 8,378 Sq Ft Lot
  • Lot Dimensions are 68x123
  • Cul-De-Sac
  • West Facing Home
  • Fenced Yard
  • Drip System Landscaping
  • Secluded Lot
  • Irregular Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Converted Garage
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture
  • Additions or Alterations
  • Major Repairs Completed
  • Combination Foundation
  • Asphalt Roof
  • Synthetic Stucco Exterior
  • Copper Plumbing
  • Quake Bracing

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Insulated Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Recreation Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Studio bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Double Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Alarm System
  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Rain Gutters
  • Rear Porch

Additional Homes

  • Detached Guest House

Location

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 2423-034-024

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Newly Remodeled

Lot Details

8,378 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Form and function meet in perfect harmony with this meticulously crafted private sanctuary in Studio City. This gorgeous newly constructed 3 bed 3 bath home with a detached office/yoga room on a giant 8378 sq ft parcel sparkles with elegance and sophistication. Three generously sized en suite bedrooms and baths with high-end finishes throughout. Impeccable landscaping by Felix Pfeifle. A gleaming kitchen complete with Viking appliances. Decora cabinetry throughout. A smart home with a Nest, this 1994 sq ft house has Le Grande electrical fixtures, Bisazza cement tile, hardwood flooring, custom closets and Kohler/Hansgrohe fixtures. On a quiet and idyllic cul de sac street located between S Weddington Park and the LA River Greenway Project. Prime Studio City location in the sought after "Island." Giant deck and yard to enjoy picturesque mountain views and 4th of July fireworks! This is it.
  • Disability Access: Parking
  • Living Area: 1994
  • Lot Acreage: 0.1923
  • Lot Dimensions: 68x123
  • Planned Urban Dev: 0
  • Property Condition: Additions/Alter, New Construction, Repairs Major, Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: 220V Throughout, Built-Ins, Detached/No Common Walls, Drywall Walls, Recessed Lighting, Living Room Deck Attached
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-In Gas, Built-Ins, Convection Oven, Continuous Clean Oven, Cooktop - Gas, Double Oven, Gas, Microwave, Oven, Oven-Gas, Range Hood, Range
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Tile, Low Flow Toilet(s), Shower and Tub, Remodeled, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Stone Counters, Remodeled
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Refrigerator, Range/Oven, Freezer, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 767.30
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat, Synthetic Stucco
  • Other Features: Insulated Doors, Custom Built, Full Copper Plumbing, Energy Efficient, Rain Gutters, Sliding Glass Doors
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Foundation Details: Combination, Quake Bracing
  • Fence: Redwood, Block, Brick, Privacy
  • Guest House: Detached
  • Patio: Living Room Deck Attached, Porch, Porch - Rear
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: City, City Lights, Mountains, Panoramic, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Covered Parking, Auto Driveway Gate, Garage - 2 Car, Garage Is Detached, Gated, Private, Private Garage
  • Total Parking: 2

Utilities

  • Volt 220: 220V Throughout, In Garage
  • Water Heater: Tankless, Gas
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Exterior Security Lights, Fire and Smoke Detection System, Gated, Smoke Detector, Prewired for alarm system, Automatic Gate, Community
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Horses: No
  • Assessor Parcel Number: 2423-034-024
  • Lot Description: Walk Street, Street Paved, Street Lighting, Secluded, Landscaped, Lawn, Lot Shape-Irregular, Single Lot, Sidewalks, Storm Drains, Automatic Gate, Back Yard, Curbs, Fenced, Fenced Yard, Front Yard
  • Lot Location: Cul-De-Sac, Park Nearby, Near Public Transit
  • Lot Size Area: 8378

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 12, 2016
Sold by
Weed Ralph
Bought by
Ko Brian and Ko Jessica
Seller's Agent
Mina Bricot
Realty One Group Success
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%
Current Estimated Value
$1,959,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,212
Avg. Annual Appreciation
9.85%
Original Mortgage
$652,000
Outstanding Balance
$520,625
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,438,587

Purchase Details

Closed on
Feb 4, 2008
Sold by
Weed Katharine
Bought by
Weed Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Weed Katharine and Weed Ralph
Bought by
Weed Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2003
Sold by
Weed Katharine and Howey Katharine Elizabeth
Bought by
Weed Katharine

Purchase Details

Closed on
Mar 27, 2001
Sold by
Weed Katharine Ek and Howey Drusilla Davis
Bought by
Weed Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.92%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Howey Drusilla Davis
Bought by
Howey Drusilla Davis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ko Brian $815,000 Fatco
Weed Ralph -- Southland Title
Weed Katharine -- Gateway Title Company Orange
Weed Katharine -- --
Weed Ralph -- United Title
Howey Drusilla Davis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko Brian $652,000
Previous Owner Weed Ralph $465,000
Previous Owner Weed Katharine $420,000
Previous Owner Weed Ralph $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2021 04/02/21 Sold $1,660,500 +8.5% $833 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $1,530,000 0.0% $767 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,530,000 +87.7% $767 / Sq Ft
11/09/2016 11/09/16 Sold $815,000 -4.1% $683 / Sq Ft View Prior Sale
10/09/2016 10/09/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $850,000 -- $712 / 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 $21,635 $1,797,376 $1,437,902 $359,474
2024 $21,419 $1,762,134 $1,409,708 $352,426
2023 $21,000 $1,727,583 $1,382,067 $345,516
2022 $20,015 $1,693,710 $1,354,968 $338,742
2021 $12,160 $1,012,692 $750,540 $262,152
2020 $12,283 $1,002,309 $742,845 $259,464
2019 $11,795 $982,657 $728,280 $254,377
2018 $11,612 $963,390 $714,000 $249,390
2016 $1,209 $88,680 $56,307 $32,373
2015 $1,193 $87,349 $55,462 $31,887
2014 $1,208 $85,639 $54,376 $31,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-688142

The MLS

APN: 2423-034-024

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