NOT LISTED FOR SALE

4312 Babcock Ave Unit 1 Studio City, CA 91604

Estimated Value: $677,000 - $742,524

2 Beds
2 Baths
1,427 Sq Ft
$450/mo HOA Fee

Last Sold October 16, 2024

Last sale price $680,000 $477 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,724/month

53 Days on Market

Highlights

  • In Ground Pool
  • Automatic Gate
  • View of Trees or Woods
  • Ulysses S. Grant Senior High School Rated A-
  • Gated Community
  • Midcentury Modern Architecture

About This Home

As of October 2024

Quintessential Mid Century showcase with a pool in a picturesque Studio City neighborhood with tree lined, residential streets and only a short stroll to all the finest Studio City has to offer; off the charts walkability score. The front facing, corner location is ideal, ushering in natural light and providing a view of the beautiful surroundings. This condo lives more like a house, the perfectly allocated space provides a spacious kitchen w/ breakfast nook, a huge living room, a formal dining room, and the largest bedrooms I have seen in a home of this size. The enormous master suite and second bedroom both have room enough to allow dual purpose use; gym, home office, etc. This Mid Century gem is in a gated, 6-unit building with low HOA dues. Additional highlights include generous closet space, recessed lighting, large picture windows bringing in abundant natural light, custom built ins, and midcentury style. Building highlights include: new HVAC system, new roof, earthquake retrofitted & Earthquake insurance. HOA includes: Water, Gardener, Earthquake insurance, Trash/Recycling, Laundry and Pool Maintenance. Gated complex with garage parking, and walkable to all the best dining, shopping, and entertainment Ventura Blvd, Laurel and Coldwater Canyon, and Sportsman's Lodge have to offer. Come and see!

Last Agent to Sell the Property

Theodore 'Ted' Fleming

Rodeo Realty License #01502327 Listed on: 07/25/2024

Rodeo Realty

Last Buyer's Agent

Laura Salgues

The ONE Luxury Properties License #01940236

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,012

Year Built

  • Built in 1963

Lot Details

  • 9,653

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Gate

Property Views

  • Woods
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,427 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Freezer
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2375-002-044

Community Details

Overview

  • Association fees include earthquake insurance, trash, water
  • 6 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,012

Year Built

Built in 1963

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 4312 Babcock Avenue HOA
  • Entry Floor: 1
  • Living Area: 1427
  • Lot Acreage: 0.2216
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Oven-Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Formal Dining Rm, Breakfast Area
  • Laundry: Inside, Room, Community
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 482.13

Exterior Features

  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • View: Pool, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Covered Parking, Gated
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Gated Community, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Trash, Water
  • HOA Fees: 450.00
  • HOA: Yes
  • Unit Location: cornr/frnt

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 2375-002-044
  • Lot Size Area: 9654

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 3, 2024
Sold by
Halsey Clayton
Bought by
Lucas Erin and Botha Andre
Seller's Agent
Theodore 'Ted' Fleming
Rodeo Realty
Buyer's Agent
Laura Salgues
The ONE Luxury Properties
List Price
$729,000
Sold Price
$680,000
Premium/Discount to List
-$49,000
-6.72%
Views
34
Current Estimated Value
$698,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,131
Avg. Annual Appreciation
2.67%
Original Mortgage
$612,000
Outstanding Balance
$605,566
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$92,565

Purchase Details

Closed on
Dec 15, 2016
Sold by
Bornhoeft William Scott and Bornhoeft Tanya Musa
Bought by
Halsey Clayton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 1998
Sold by
Page Bill and Page Musa
Bought by
Bornhoeft William and Page Bill
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lucas Erin $680,000 Equity Title
Halsey Clayton $500,000 Orange Coast Title Co Socal
Bornhoeft William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Erin $612,000
Previous Owner Halsey Clayton $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $680,000 -1.2% $477 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/27/2024 08/27/24 Price Changed $688,000 -3.8% $482 / Sq Ft
08/08/2024 08/08/24 Price Changed $715,000 -1.9% $501 / Sq Ft
07/25/2024 07/25/24 For Sale $729,000 0.0% $511 / Sq Ft
04/01/2017 04/01/17 Rented $3,000 0.0% --
02/27/2017 02/27/17 For Rent $3,000 -- --
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 $7,012 $680,000 $400,000 $280,000
2024 $7,012 $568,910 $375,482 $193,428
2023 $6,877 $557,756 $368,120 $189,636
2022 $6,554 $546,820 $360,902 $185,918
2021 $6,470 $536,099 $353,826 $182,273
2019 $6,276 $520,200 $343,332 $176,868
2018 $6,239 $510,000 $336,600 $173,400
2016 $3,005 $242,516 $92,478 $150,038
2015 $2,962 $238,874 $91,089 $147,785
2014 $2,978 $234,196 $89,305 $144,891
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-419713

The MLS

APN: 2375-002-044