NOT LISTED FOR SALE

5121 Franklin Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $4,777,000 - $6,779,000

4 Beds
6 Baths
5,600 Sq Ft
$1,019/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2018

Last sale price $4,698,000 $839 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $32,145 / mo

348 Days on Market

Highlights

  • In Ground Pool
  • City View
  • Maid or Guest Quarters
  • John Marshall High School Rated A
  • 14,156 Sq Ft lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2018

The Landmark Sowden Residence is recognized as one of Lloyd Wright's most important works. This home has extensive use of textile block which creates the iconic Mayan style faade. The interior of the house, based around a central courtyard, was designed for entertaining. Completely renovated, the home now accommodates modern living while still preserving the architect's masterwork. Additional maids quarters detached office and garage add to the complete functionality of this stunning property. House has Mills Act tax exemption.

Last Agent to Sell the Property

Troy Gregory

Sotheby's International Realty License #01469060 Listed on: 05/06/2016

Sotheby's International Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 14,156 Sq Ft Lot
  • Property is zoned LARE9

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Guest Parking

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Home Office
  • City Views
  • Alarm System
  • Laundry Room

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • Above Ground Spa

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5589-008-019

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0.32 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: The Landmark Sowden Residence is recognized as one of Lloyd Wright's most important works. This home has extensive use of textile block which creates the iconic Mayan style faade. The interior of the house, based around a central courtyard, was designed for entertaining. Completely renovated, the home now accommodates modern living while still preserving the architect's masterwork. Additional maids quarters detached office and garage add to the complete functionality of this stunning property. House has Mills Act tax exemption.
  • Living Area: 5600
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Stained Concrete
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Alarm System
  • Price Per S Q F T: 838.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Parking Garage: Attached, Detached, Garage - 4+ Car, Parking for Guests

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Zoned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5589-008-019
  • Geocode Override: No
  • Lot Size Area: 14156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2017
Sold by
Sowden House Llc
Bought by
Mr Cedn Llc
Current Estimated Value
$5,709,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
4.43%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 24, 2013
Sold by
Finkelstein Stephen
Bought by
Sowden House Llc

Purchase Details

Closed on
Jul 5, 2011
Sold by
Balbes Sowden House Llc
Bought by
Finkelstein Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,887,500
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Balbes Xorin
Bought by
Balbes Sowden House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 7, 2004
Sold by
Balbes Xorin
Bought by
Balbes Sowden House Llc

Purchase Details

Closed on
Mar 1, 2004
Sold by
Balbes Sowden House Llc
Bought by
Balbes Xorin

Purchase Details

Closed on
Sep 10, 2003
Sold by
Balbes Xorin
Bought by
Balbes/Sowden House Llc

Purchase Details

Closed on
Apr 25, 2003
Sold by
Balbes Xorin and Balbes Craig Allen
Bought by
Balbes Xorin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,710,000
Interest Rate
4.87%

Purchase Details

Closed on
Nov 8, 2001
Sold by
Mazur Harold and Esther G & Harold Mazur Trust
Bought by
Balbes Xorin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mr Cedn Llc $4,698,000 First American Title
Sowden House Llc -- None Available
Finkelstein Stephen $3,850,038 Equity Title Company
Balbes Sowden House Llc -- --
Balbes Xorin -- Chicago Title Co
Balbes Sowden House Llc -- --
Balbes Xorin -- --
Balbes/Sowden House Llc -- --
Balbes Xorin -- Stewart Title Of Ca Inc
Balbes Xorin $1,200,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Mr Cedn Llc $2,800,000
Previous Owner Finkelstein Stephen $2,887,500
Previous Owner Balbes Xorin $500,000
Previous Owner Balbes Xorin $1,710,000
Previous Owner Balbes Xorin $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $4,698,000 0.0% $839 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
01/18/2017 01/18/17 Price Changed $4,698,000 -2.0% $839 / Sq Ft
05/06/2016 05/06/16 For Sale $4,795,000 -- $856 / Sq Ft
Source: The MLS

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 $20,376 $1,628,000 $1,100,000 $528,000
2024 $20,376 $1,628,000 $1,100,000 $528,000
2023 $18,872 $1,503,000 $1,052,000 $451,000
2022 $24,775 $2,054,000 $1,200,000 $854,000
2021 $24,050 $1,979,000 $1,100,000 $879,000
2019 $14,372 $1,157,000 $820,000 $337,000
2018 $16,405 $1,325,000 $925,000 $400,000
2016 $14,831 $1,205,000 $843,000 $362,000
2015 $14,475 $1,175,000 $835,000 $340,000
2014 $14,073 $1,115,000 $791,000 $324,000
Source: Public Records

Agents Affiliated with this Home

  • Troy Gregory

    Seller's Agent in 2018

    Troy Gregory

    Sotheby's International Realty

    (323) 203-5661

    12 Total Sales

    Troy Gregory
    Section Image

  • S

    Buyer's Agent in 2018

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 16-121976

The MLS

APN: 5589-008-019

California Los Angeles County Los Angeles 90027 Los Feliz

5121 Franklin Ave, Los Angeles, CA

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