NOT LISTED FOR SALE

421 S Wetherly Dr Beverly Hills, CA 90211

Estimated Value: $3,026,000 - $3,867,000

5 Beds
5 Baths
3,245 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $2,400,000 $740 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $21,402/month

Highlights

  • Main Floor Bedroom
  • No HOA
  • Laundry Room
  • Horace Mann Elementary School Rated A
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

As of September 2022

FULLY remodeled 2 stories 3200+ square foot Spanish with 5 bedrooms and 5 bathrooms including the detached guest house. The first level has 2 bedrooms & 2 baths, a spacious living room with a fireplace, and a dining room. The second floor has an additional 2 bedrooms, 2 bathrooms, and a laundry area. Great space in the kitchen with an adjacent breakfast room. The home is equipped with recessed lighting and a nest system for heating and cooling. The guest house is complete with a living area, full bathroom, and plumbing for a small kitchenette with separate access from the back alleyway, great for an extended family stay.

Last Agent to Rent the Property

Melody Cao

Pinnacle Real Estate Group License #02041796 Listed on: 04/16/2022

Pinnacle Real Estate Group

Last Renter's Agent

Melody Cao

Pinnacle Real Estate Group License #02041796 Listed on: 04/16/2022

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,933

Year Built

  • Built in 1929

Lot Details

  • 5,102 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned BHR1*

Parking

  • 2 Car Garage

Interior Spaces

  • 3,245 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $9,500
  • 12-Month Minimum Lease Term
  • Available 8/21/20
  • Tax Lot 731
  • Tax Tract Number 6380
  • Assessor Parcel Number 4332006004

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,933

Year Built

Built in 1929

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-08-21
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 600
  • Deposit Security: 9500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Refrigator,Washer and Dryer
  • Other Phone Description: 6265660105
  • Other Phone Number: 6265660105
  • Property Attached: No
  • View: No
  • Zoning: BHR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 4332006004
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3245.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.62
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Beverly Hills Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5102.00
  • Lot Size Acres: 0.1171

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 5102.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 7009.01
  • Tax Lot: 731
  • Tax Tract Number: 6380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Leilei Guo
Bought by
Miao Jinxiu
Current Estimated Value
$3,503,457

Purchase Details

Listed on
Jul 8, 2020
Closed on
Jul 22, 2020
Sold by
Magnum Property Investments Llc
Bought by
Miao Jinxiu and Guo Leilei
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Melody Cao
Pinnacle Real Estate Group
List Price
$2,589,000
Sold Price
$2,400,000
Premium/Discount to List
-$189,000
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 6, 2018
Sold by
Stockpile Property Ventures Llc
Bought by
Magnum Property Investments Llc
Seller's Agent
Martin Geimer
Martin D. Geimer
Buyer's Agent
Julia Delorme
Christie's International Real Estate SoCal
List Price
$2,275,000
Sold Price
$1,875,000
Premium/Discount to List
-$400,000
-17.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Original Mortgage
$147,500,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 14, 2018
Closed on
Sep 24, 2018
Sold by
Puertas Jeanette and Puertas Jeanette
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Martin Geimer
Martin D. Geimer
Buyer's Agent
Julia Delorme
Christie's International Real Estate SoCal
List Price
$2,275,000
Sold Price
$1,875,000
Premium/Discount to List
-$400,000
-17.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2012
Sold by
Velasquez Fanny
Bought by
Velasquez Fanny and Puertas Jeanette

Purchase Details

Closed on
Jul 30, 2001
Sold by
Velasquez Fanny
Bought by
Velasquez Fanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
7.05%

Purchase Details

Closed on
Mar 12, 1999
Sold by
Velazquez Fanny
Bought by
Velazquez Fanny and The Fanny Velazquez Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.75%

Purchase Details

Closed on
Sep 6, 1993
Sold by
Puertas Norris Adriana
Bought by
Velazquez Fanny
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
Miao Jinxiu -- Accommodation/Courtesy Recordi
Miao Jinxiu $2,400,000 Fidelity National Title Co
Magnum Property Investments Llc $1,963,500 Lawyers Title Insurance Comp
Stockpile Property Ventures Llc $1,875,000 Equity Title Company
Velasquez Fanny -- None Available
Velasquez Fanny -- First American Title Ins Co
Velazquez Fanny -- American Title Co
Velazquez Fanny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnum Property Investments Llc $147,500,000
Previous Owner Velasquez Fanny $361,000
Previous Owner Velazquez Fanny $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Rented $8,500 0.0% --
09/14/2022 09/14/22 Price Changed $8,500 -15.0% $3 / Sq Ft
05/29/2022 05/29/22 For Rent $10,000 0.0% --
05/09/2022 05/09/22 Off Market $10,000 -- --
05/03/2022 05/03/22 For Rent $10,000 0.0% --
05/02/2022 05/02/22 Off Market $10,000 -- --
04/16/2022 04/16/22 For Rent $10,000 +17.6% --
02/08/2021 02/08/21 Rented $8,500 -5.6% --
12/14/2020 12/14/20 Price Changed $9,000 -5.3% $3 / Sq Ft
11/27/2020 11/27/20 Price Changed $9,500 +8.0% $3 / Sq Ft
09/22/2020 09/22/20 Price Changed $8,800 -7.4% $3 / Sq Ft
08/21/2020 08/21/20 For Rent $9,500 0.0% --
08/11/2020 08/11/20 Sold $2,400,000 -7.3% $740 / Sq Ft View Prior Sale
08/03/2020 08/03/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $2,589,000 +38.1% $798 / Sq Ft
10/29/2018 10/29/18 Sold $1,875,000 -17.6% $578 / Sq Ft View Prior Sale
09/27/2018 09/27/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $2,275,000 -- $701 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,933 $2,859,515 $1,980,121 $879,394
2024 $33,933 $2,803,447 $1,941,296 $862,151
2023 $30,302 $2,496,959 $1,706,464 $790,495
2022 $29,435 $2,448,000 $1,673,004 $774,996
2021 $28,572 $2,400,000 $1,640,200 $759,800
2020 $22,982 $1,912,500 $1,708,500 $204,000
2019 $22,397 $1,875,000 $1,675,000 $200,000
2018 $4,178 $341,218 $74,314 $266,904
2016 $3,975 $327,970 $71,429 $256,541
2015 $3,812 $323,045 $70,357 $252,688
2014 $3,701 $316,718 $68,979 $247,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22077291

California Regional Multiple Listing Service (CRMLS)

APN: 4332-006-004