NOT LISTED FOR SALE

Estimated Value: $1,954,000 - $2,023,269

6 Beds
4 Baths
3,626 Sq Ft
$546/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $1,525,000 $421 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,383/month

10 Days on Market

Highlights

  • Detached Guest House
  • Family Room with Fireplace
  • Bonus Room
  • City Lights View
  • Main Floor Bedroom
  • No HOA

About This Home

As of February 2020

Italian Period Revival Estate, with Prairie School influences, boasts spectacular views and magnificently appointed rooms as intended when constructed in 1922. Originally built by Percy Thomas Martin, who owned a large butter, egg, and poultry ranch in Los Angeles, also known as, "poultry man" and "rancher." By 1920, Mr. Martin had become a pioneer Los Angeles contractor and developer. It is said Florence Avenue was named in memory of his wife in 1920. This beautifully remodeled 1922 classic estate offers 6 bedrooms, 4 bathrooms, with a bonus In-law suite (Guest House). An expansive landscaped yard provides endless opportunities to host and entertain guests on a grand scale. Residents' benefit from the property's proximity to Metro, local freeways (405,90,10), coastal beaches, downtown, Culver City, and the Los Angeles International Airport. Presently, several major economic development projects are under way, to include, the new Los Angeles Stadium and Entertainment District.

Last Agent to Sell the Property

Scott Butler

Bedrock Real Estate Group License #01846093 Listed on: 01/07/2020

Last Buyer's Agent

Sean Rees

License #00925930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,228

Year Built

  • Built in 1922

Lot Details

  • 10,394 Sq Ft Lot
  • East Facing Home
  • Gated Home
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Property is zoned LAR1

Home Design

  • Turnkey
  • Raised Foundation

Interior Spaces

  • 3,626 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Laminate Flooring
  • City Lights Views
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub with Shower

Parking

  • Pull-through
  • Private Parking
  • Driveway
  • Guest Parking

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5013-003-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,228

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Italian Period Revival Estate, with Prairie School influences, boasts spectacular views and magnificently appointed rooms as intended when constructed in 1922. Originally built by Percy Thomas Martin, who owned a large butter, egg, and poultry ranch in Los Angeles, also known as, "poultry man" and "rancher." By 1920, Mr. Martin had become a pioneer Los Angeles contractor and developer. It is said Florence Avenue was named in memory of his wife in 1920. This beautifully remodeled 1922 classic estate offers 6 bedrooms, 4 bathrooms, with a bonus In-law suite. An expansive landscaped yard provides endless opportunities to host and entertain guests on a grand scale. Residents' benefit from the property's proximity to Metro, local freeways (405,90,10), coastal beaches, downtown, Culver City, and the Los Angeles International Airport. Presently, several major economic development projects are under way, to include, the new Los Angeles Stadium and Entertainment District.
  • Entry Location: Ground Level w/steps
  • Living Area: 3626
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey
  • Fireplace Rooms: Family Room, Gas, Living Room
  • Flooring: Laminate
  • Appliances: Free Standing Gas
  • Bedrooms: 6
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Island, Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Range/Oven, Refrigerator
  • Price Per S Q F T: 399.89

Exterior Features

  • Direction Faces: East
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Privacy
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete, Parking for Guests - Onsite, Private, Pull-through

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5013-003-001
  • Geocode Override: No
  • Lot Description: Back Yard, Landscaped, Yard
  • Lot Size Area: 10394

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jan 28, 2020
Sold by
Quach Brian Xuong H
Bought by
Davis Trevor
Seller's Agent
Scott Butler
Bedrock Real Estate Group
Buyer's Agent
Sean Rees
List Price
$1,449,999
Sold Price
$1,525,000
Premium/Discount to List
$75,001
5.17%
Current Estimated Value
$1,978,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,567
Avg. Annual Appreciation
6.11%
Original Mortgage
$1,448,750
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
The Bank Of New York
Bought by
Quach Brian Xuong H

Purchase Details

Closed on
Jan 9, 2008
Sold by
Costantin Eli
Bought by
The Bank Of New York and Cwalt Inc Alternative Loan Trust 2007-Hy

Purchase Details

Closed on
Mar 13, 2007
Sold by
Luke Wilfred L
Bought by
Constantin Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 2, 2006
Sold by
Luke Tonya Renee
Bought by
Luke Wilfred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2002
Sold by
Luke Wilfred L
Bought by
Luke Wilfred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.75%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Luke Wilfred L
Bought by
Luke Wilfred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
9.5%

Purchase Details

Closed on
Jan 11, 2000
Sold by
Luke Wilfred L
Bought by
Luke Wilfred L and Luke Tanya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 1997
Sold by
Oliver Navis
Bought by
Oliver Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
9.37%

Purchase Details

Closed on
Mar 1, 1997
Sold by
Grissom Roger R
Bought by
Luke Wilfred L and Oliver Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
9.37%
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
Davis Trevor $1,525,000 First American Title Company
Quach Brian Xuong H $513,000 Landsafe Title Of Ca Inc
The Bank Of New York $972,530 Landsafe Title
Constantin Eli $1,150,000 None Available
Luke Wilfred L -- Napa Land Title Company
Luke Wilfred L -- Old Republic Title
Luke Wilfred L -- United Title Company
Luke Wilfred L -- Fidelity National Title
Oliver Brenda J -- Fidelity National Title Ins
Luke Wilfred L -- Fidelity National Title Ins
Luke Wilfred L $245,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Trevor $1,593,000
Closed Davis Trevor $1,448,750
Previous Owner Constantin Eli $230,000
Previous Owner Constantin Eli $920,000
Previous Owner Luke Wilfred L $667,000
Previous Owner Luke Wilfred L $585,000
Previous Owner Luke Wilfred L $15,790
Previous Owner Luke Wilfred L $84,500
Previous Owner Luke Wilfred L $380,000
Previous Owner Luke Wilfred L $31,579
Previous Owner Luke Wilfred Lenard $27,368
Previous Owner Luke Wilfred L $315,000
Previous Owner Luke Wilfred L $66,000
Previous Owner Luke Wilfred L $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $1,525,000 +5.2% $421 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $1,449,999 -- $400 / 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 $20,228 $1,667,807 $1,093,645 $574,162
2024 $20,228 $1,635,105 $1,072,201 $562,904
2023 $19,843 $1,603,045 $1,051,178 $551,867
2022 $18,929 $1,571,614 $1,030,567 $541,047
2021 $18,680 $1,540,799 $1,010,360 $530,439
2020 $9,864 $774,597 $325,167 $449,430
2019 $9,441 $593,610 $318,792 $274,818
2018 $7,342 $581,972 $312,542 $269,430
2016 $6,994 $559,375 $300,406 $258,969
2015 $6,895 $550,974 $295,894 $255,080
2014 $6,926 $540,182 $290,098 $250,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-540634

The MLS

APN: 5013-003-001