NOT LISTED FOR SALE

466 Downes Rd Los Angeles, CA 90049

Brentwood Neighborhood

Estimated Value: $4,952,000 - $6,125,000

3 Beds
4 Baths
3,823 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $5,000,000 $1,308 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $35,431/month

42 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Midcentury Modern Architecture
  • Gated with Attendant
  • View of Trees or Woods
  • Fireplace in Primary Bedroom

About This Home

As of August 2022

Major Price Reduction - Amazing upside opportunity behind the guard gates of Brentwood Circle, one of the most highly sought-after communities in Los Angeles. This amazing 3 bedroom, 4 bath Mid-Century Modern Home was designed by Canadian Architect Gerald Kaushansky and offers unlimited possibilities to remodel, re-imagine, and restore this classic 1960's period home, or you can start from scratch and build new construction on a 17,064 lot. Set in a park-like setting, this property offers the ultimate of privacy and tranquility. You will be surrounded by $25M+ properties, safely behind a 24-Hour Guard Gate. Amazing potential, fantastic location. Bring your General Contractors, Architects, Developers.

Last Agent to Sell the Property

Linda Ferrari

Equity Union License #01949460 Listed on: 05/05/2022

Last Buyer's Agent

Richard Stearns

Compass License #01118915

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,753

Year Built

  • Built in 1965

Lot Details

  • 0.39 Acre Lot
  • Property is zoned LARE11

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,823 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Double Door Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Sewer in Street

Additional Features

  • In Ground Pool
  • Detached Guest House

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4429-027-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,753

Year Built

Built in 1965

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 3823
  • Lot Acreage: 0.3917
  • Probate: No
  • Stories: 1
  • Year Built: 1965
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Living Room
  • Flooring: Carpet, Hardwood, Stone Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Built-Ins, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1437.35

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Double Door Entry
  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Trees/Woods, Tree Top, Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Attached, Garage - 2 Car, Driveway, On street
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated Community with Guard
  • Sewer: In Street

Association/Amenities

  • Amenities: Gated Community Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 420.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4429-027-013
  • Lot Size Area: 17064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 15, 2022
Sold by
Eraj Basseri
Bought by
Barrington Rh Llc
Seller's Agent
Linda Ferrari
Equity Union
Buyer's Agent
Richard Stearns
Compass
List Price
$5,495,000
Sold Price
$5,000,000
Premium/Discount to List
-$495,000
-9.01%
Current Estimated Value
$5,551,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,853
Avg. Annual Appreciation
4.54%

Purchase Details

Listed on
Mar 13, 2020
Closed on
Mar 11, 2020
Sold by
Torbatl Limore
Bought by
Basseri Eraj
Seller's Agent
Linda Ferrari
Equity Union
Buyer's Agent
Linda Ferrari
Equity Union
List Price
$3,200,000
Sold Price
$3,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.07%
Original Mortgage
$2,560,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2020
Closed on
Feb 14, 2020
Sold by
Berman Saul J and Berman Jann
Bought by
Basseri Eraj
Seller's Agent
Linda Ferrari
Equity Union
Buyer's Agent
Linda Ferrari
Equity Union
List Price
$3,200,000
Sold Price
$3,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,560,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1994
Sold by
Felixson Robert J and Felixson Jane H
Bought by
Berman Saul J and Berman Jann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
5.75%
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
Barrington Rh Llc $5,000,000 Fidelity National Title
Basseri Eraj -- Lawyers Title Company
Basseri Eraj $3,200,000 Lawyers Title
Berman Saul J $965,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basseri Eraj $1,250,000
Previous Owner Basseri Eraj $2,560,000
Previous Owner Berman Saul J $576,410
Previous Owner Berman Saul J $625,000
Previous Owner Berman Saul J $625,500
Previous Owner Berman Saul J $632,000
Previous Owner Berman Saul J $639,000
Previous Owner Berman Saul J $640,000
Previous Owner Berman Saul J $100,000
Previous Owner Berman Saul J $725,000
Previous Owner Berman Saul J $772,000
Closed Berman Saul J $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $5,000,000 -9.0% $1,308 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $5,495,000 +71.7% $1,437 / Sq Ft
03/13/2020 03/13/20 Sold $3,200,000 0.0% $837 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $3,200,000 -- $837 / 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 $61,753 $5,201,999 $2,166,424 $3,035,575
2024 $61,753 $5,100,000 $2,123,946 $2,976,054
2023 $60,542 $5,000,000 $2,082,300 $2,917,700
2022 $39,006 $3,297,813 $2,056,084 $1,241,729
2021 $38,533 $3,233,151 $2,015,769 $1,217,382
2020 $18,041 $1,465,852 $941,792 $524,060
2019 $17,326 $1,437,111 $923,326 $513,785
2018 $17,185 $1,408,933 $905,222 $503,711
2016 $16,417 $1,354,224 $870,072 $484,152
2015 $16,176 $1,333,883 $857,003 $476,880
2014 $16,231 $1,307,755 $840,216 $467,539
Source: Public Records

Agents Affiliated with this Home

  • Linda Ferrari

    Seller's Agent in 2022

    Linda Ferrari

    Equity Union

    (310) 283-4782

    1 in this area

    23 Total Sales

    Section Image
  • Richard Stearns

    Buyer's Agent in 2022

    Richard Stearns

    Compass

    (310) 850-9284

    16 in this area

    77 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 22-153359

The MLS

APN: 4429-027-013

California Los Angeles County Los Angeles 90049 Brentwood

466 Downes Rd, Los Angeles, CA

This home is located at 466 Downes Rd, Los Angeles, CA 90049 since 05 May 2022 and is currently estimated at $5,540,138, approximately $1,449 per square foot. This property was built in 1965. 466 Downes Rd is a home located in Los Angeles County with nearby schools including Community Magnet Charter Elementary, Kenter Canyon Elementary School, and Paul Revere Charter Middle School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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