NOT LISTED FOR SALE

4326 Babcock Ave Unit 302 Studio City, CA 91604

Estimated Value: $888,000 - $1,105,099

2 Beds
2 Baths
1,608 Sq Ft
$529/mo HOA Fee

Last Sold May 24, 2023

Last sale price $1,075,000 $669 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,131/month

21 Days on Market

Highlights

  • Fitness Center
  • Rooftop Deck
  • Panoramic View
  • Ulysses S. Grant Senior High School Rated A-
  • Primary Bedroom Suite
  • 0.37 Acre Lot

About This Home

As of May 2023

**2 BEDROOMS + LOFT + PRIVATE ROOFTOP** Welcome home to this breathtaking top floor penthouse condo located in the heart of Studio City. Enter into a large open living room and dining area with dramatic 20'+ soaring ceilings, stone flooring, gas fireplace, loads of windows and a sliding glass patio door that drenches the space in natural light. This recently recently remodeled unit features a stunning chefs kitchen with all the upgrades. Custom cabinetry with soft close drawers, Quartz countertops & high-end GE Cafe appliances. So much counter and cabinet space you'll never feel the need for more storage. Both of the bedrooms are generous in size and offer large walk-in closets and tranquil views of the mature trees outside. The primary bedroom is outfitted with a gas fireplace, floor to ceiling windows, massive walk-in closet and a private balcony to enjoy your morning coffee. An en-suite bathroom with dual vanities, soaking tub and separate shower enclosure complete the owner's suite, while the secondary bedroom is serviced by another full bathroom located in the hallway. Unique to this floor plan is a spacious loft that sits on the second floor. Plenty large enough for an office, playroom, gym or even a third bedroom. From here, you have direct access to what is the most unique feature of this unit...a massive PRIVATE rooftop deck! At approximately 500 sq. ft., this is one of the largest private rooftop decks around and is ideal for all occasions. Host BBQ's, birthday parties, Sunday brunches or happy hours....there is plenty of space to entertain all year round and the views that come with it are truly awe inspiring! Additional amenities of this home include: high ceilings, central air and heat, in-unit laundry, 2 designated parking spaces, 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 Dixie Canyon Charter Elementary and walking distance to Ventura Blvd near tons of trendy shops, activities & restaurants, some of which include Sportsmen's Lodge, Weddington Golf Course, Beeman Park, Trader Joes, Erewhon, Ralphs, Pinz Bowling, Sugarfish, Casa Vega, The Six Chow House, Granville and SO MUCH MORE!

Last Agent to Sell the Property

Shane Nichols

Rodeo Realty License #01948062 Listed on: 04/12/2023

Rodeo Realty

Last Buyer's Agent

Mounika Haftavani

The Art In Real Estate License #01800008

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,335

Year Built

  • Built in 1991

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Covered Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rooftop Deck
  • Patio

Schools

  • Dixie Canyon Elementary School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 47344
  • Assessor Parcel Number 2375002078
  • $175 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 17 Units
  • Babcock HOA, Phone Number (818) 587-9500
  • Sba Loan Association
  • Westcom Property Management HOA
  • Maintained Community

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,335

Year Built

Built in 1991

Lot Details

0

HOA Fees

$529 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2375002078
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1608.00 Square Feet
  • Stories: 2
  • Entry Location: Elevator
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 668.53
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Neighborhood, Panoramic
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SBA Loan
  • Amenities: Gym/Ex Room, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 473.29
  • Association #2 Fee: 56.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Babcock HOA
  • Phone: 818-587-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Westcom Property Management

Schools

  • School District: Los Angeles Unified
  • Elementary School: Dixie Canyon
  • Elementary School: Dixie Canyon
  • Elementary School #2: DIXCAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16083.00
  • Lot Size Acres: 0.3692

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16083.0000 Square Feet
  • Number Of Units In Community: 17
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1435.00
  • Tax Lot: 1
  • Tax Tract Number: 47344
  • TaxOtherAnnualAssessmentAmount: 175.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 1, 2023
Sold by
Reisian And Mayelan Family Trust
Bought by
Karapetian Garo
Seller's Agent
Shane Nichols
Rodeo Realty
Buyer's Agent
Mounika Haftavani
The Art In Real Estate
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
157
Current Estimated Value
$1,009,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,225
Avg. Annual Appreciation
-2.73%
Original Mortgage
$860,000
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2022
Sold by
Reisian and Karin
Bought by
Reisian And Mayelan Family Trust

Purchase Details

Listed on
May 2, 2018
Closed on
May 21, 2018
Sold by
Collins Blake
Bought by
Reisian Ari and Mayelan Karin
Seller's Agent
William Lowery
No Firm Affiliation
List Price
$740,000
Sold Price
$755,000
Premium/Discount to List
$15,000
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$679,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2015
Sold by
Garber Daniel and Garber Maynard
Bought by
Collins Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2001
Sold by
Kaufman Nir N
Bought by
Fox James Albert

Purchase Details

Closed on
Jan 22, 1999
Sold by
Yotzer Shiri
Bought by
Kaufman Nir N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.77%

Purchase Details

Closed on
Dec 11, 1998
Sold by
Charrin Patrick and Charrin Christina
Bought by
Kaufman Nir N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.77%

Purchase Details

Closed on
Aug 28, 1996
Sold by
Glendale Federal Bank
Bought by
Charrin Patrick and Charrin Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,100
Interest Rate
8.23%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Julian Joseph and Glendale Federal Bank Fs
Bought by
Glendale Federal Bank Fsb
Source: Public Records

Range of Values:

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Average Value
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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
Karapetian Garo $1,075,000 Progressive Title Company
Reisian And Mayelan Family Trust -- --
Reisian Ari $755,000 Progressive Title Company
Collins Blake $585,000 First American Title Company
Fox James Albert $290,000 Equity Title Company
Kaufman Nir N -- Chicago Title
Kaufman Nir N $230,000 Chicago Title
Charrin Patrick $178,000 Benefit Land Title Company
Glendale Federal Bank Fsb $194,572 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karapetian Garo $755,000
Closed Karapetian Garo $860,000
Previous Owner Reisian Ari $668,500
Previous Owner Reisian Ari $672,000
Previous Owner Reisian Ari $670,500
Previous Owner Reisian Ari $679,500
Previous Owner Collins Blake $438,750
Previous Owner Kaufman Nir N $180,000
Previous Owner Charrin Patrick $162,000
Previous Owner Charrin Patrick $160,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $1,075,000 0.0% $669 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/26/2023 04/26/23 Off Market $1,075,000 -- --
04/12/2023 04/12/23 For Sale $1,100,000 +45.7% $684 / Sq Ft
06/26/2018 06/26/18 Sold $755,000 +2.0% $470 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $740,000 0.0% $460 / Sq Ft
07/01/2013 07/01/13 Rented $2,500 0.0% --
06/23/2013 06/23/13 Under Contract -- -- --
05/30/2013 05/30/13 For Rent $2,500 +6.4% --
05/01/2012 05/01/12 Rented $2,350 -- --
04/18/2012 04/18/12 Under Contract -- -- --
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 $13,335 $1,118,430 $723,078 $395,352
2024 $13,335 $1,096,500 $708,900 $387,600
2023 $10,084 $825,700 $618,893 $206,807
2022 $9,610 $809,510 $606,758 $202,752
2021 $9,489 $793,638 $594,861 $198,777
2019 $9,202 $770,100 $577,218 $192,882
2018 $7,424 $608,633 $420,737 $187,896
2016 $4,429 $361,889 $227,243 $134,646
2015 $4,365 $356,454 $223,830 $132,624
2014 $4,384 $349,473 $219,446 $130,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23051658

California Regional Multiple Listing Service (CRMLS)

APN: 2375-002-078