NOT LISTED FOR SALE

4326 Babcock Ave Unit 206 Studio City, CA 91604

Estimated Value: $872,000 - $1,156,000

2 Beds
3 Baths
1,783 Sq Ft
$519/mo HOA Fee

Last Sold September 13, 2022

Last sale price $905,000 $508 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,786/month

18 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Views of Trees
  • Ulysses S. Grant Senior High School Rated A-
  • Gated Parking
  • 0.37 Acre Lot

About This Home

As of September 2022

Welcome home to this breathtaking 2 bedroom +loft , 3 bath condo located in the heart of Studio City, CA. Enter into a large open living room and dining area with dramatic high ceilings, hardwood floors, fireplace, windows and sliding glass doors that allow for an abundance of natural light. The recently updated kitchen offers ample counter space and plenty of cabinets to store all of your goods and cooking gadgets. Both of the bedrooms are well-sized and offer large walk-in closets and tranquil views of the mature trees outside. The primary bedroom is outfitted with a fireplace, floor to ceiling windows, and a private balcony to enjoy your morning coffee. An en-suite bathroom with dual vanity, soaking tub and separate shower enclosure complete the owner's suite, while the secondary bedroom is serviced by another full bathroom. Upstairs is a spacious loft that is big enough for an office, playroom, or could even be used as a third bedroom. A three-quarter bathroom completes the second level, making this space great for visiting guests! The most unique aspect of this home is the rooftop patio, a huge and private outdoor space that rivals some backyards! Host BBQ's, birthday parties, Sunday brunches or happy hours....there is plenty of space to entertain all year round! Additional amenities of this home include: central air and heat, in-unit laundry, 2 tandem parking spots, additional storage space and on-site guest parking in the gated community garage. The complex offers a charming courtyard and HOA dues that include earthquake insurance! Located within the boundaries of award-winning schools (Buyer to verify enrollment availability), and near trendy shops and restaurants along Ventura Blvd. If this sounds like your dream home, move fast, because this gem is expected to go quickly!

Last Agent to Sell the Property

Elizabeth Marquart

Estate Properties License #01344207 Listed on: 07/27/2022

Last Buyer's Agent

Ekaterina Nalbandova

Compass License #01335102

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,267

Year Built

  • Built in 1991

Lot Details

  • 0.37

HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • Trees
  • Hills

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,783 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Two Story Ceilings
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Loft

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2375-002-076

Community Details

Overview

  • Association fees include earthquake insurance, building and grounds, water and sewer paid, trash
  • 17 Units

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,267

Year Built

Built in 1991

Lot Details

0

HOA Fees

$519 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 4326 Babcock Homeowners Association
  • Entry Floor: 2
  • Entry Location: Living Room
  • Living Area: 1783
  • Lot Acreage: 0.3692
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1991
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Two Story Ceilings, Open Floor Plan
  • Fireplace Rooms: Living Room, Master Retreat
  • Flooring: Hardwood, Carpet
  • Appliances: Cooktop - Gas, Oven, Microwave
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Suite, Master Retreat, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower and Tub, Shower Stall, Double Vanity(s)
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Closet Stacked, On Upper Level, Inside, In Unit, In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Washer, Refrigerator, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 515.42

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: Hills, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Community Garage, Tandem, Parking for Guests, Parking for Guests - Onsite, Parking Space, Gated Underground, Gated, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Card/Code Access
  • Sewer: In Street

Association/Amenities

  • Amenities: Elevator, Controlled Access, Extra Storage
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Building and Grounds, Water and Sewer Paid, Trash
  • HOA Fees: 462.26
  • HOA Fees: 56.52
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 2375-002-076
  • Lot Location: Near Public Transit, City
  • Lot Size Area: 16083

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee
  • Lease Option: 1

Multi Family

  • Number Of Units: 17

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 15, 2022
Sold by
Kramer Craig S and Baer Heidi M
Bought by
Gershfeld Gabriela
Seller's Agent
Elizabeth Marquart
Estate Properties
Buyer's Agent
Ekaterina Nalbandova
Compass
List Price
$919,000
Sold Price
$905,000
Premium/Discount to List
-$14,000
-1.52%
Views
9
Current Estimated Value
$1,007,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,882
Avg. Annual Appreciation
3.56%
Original Mortgage
$300,000
Outstanding Balance
$286,330
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$721,552

Purchase Details

Closed on
Nov 28, 2006
Sold by
Matheson Linda
Bought by
Kramer Craig S and Baer Heidi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,800
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gershfeld Gabriela $905,000 Progressive Title
Kramer Craig S $651,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gershfeld Gabriela $300,000
Previous Owner Kramer Craig S $520,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $905,000 -1.5% $508 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $919,000 -- $515 / 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 $11,267 $941,561 $674,907 $266,654
2024 $11,267 $923,100 $661,674 $261,426
2023 $11,047 $905,000 $648,700 $256,300
2022 $9,684 $821,882 $637,310 $184,572
2021 $9,560 $805,767 $624,814 $180,953
2019 $8,753 $738,000 $572,900 $165,100
2018 $8,897 $738,000 $572,900 $165,100
2016 $7,763 $648,000 $502,800 $145,200
2015 $6,477 $540,000 $419,000 $121,000
2014 $6,628 $540,000 $419,000 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-182037

The MLS

APN: 2375-002-076