6716 Drexel Ave Los Angeles, CA 90048
Beverly Grove NeighborhoodEstimated Value: $2,928,000 - $3,632,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                2,800
                Sq Ft
            
            
                
                    $1,131/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 6716 Drexel Ave, Los Angeles, CA 90048 and is currently estimated at $3,165,617, approximately $1,130 per square foot. 6716 Drexel Ave is a home located in Los Angeles County with nearby schools including Hancock Park Elementary, John Burroughs Middle School, and Fairfax High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Nov 28, 2005
            
        
                Sold by
            
            
                Araghi Michael
            
        
                Bought by
            
            
                Araghi Michael and Mann Ariane
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $668,100
            
        
                Outstanding Balance
            
            
                $370,468
            
        
                Interest Rate
            
            
                6.14%
            
        
                Mortgage Type
            
            
                Credit Line Revolving
            
        
                Estimated Equity
            
            
                $2,795,149
            
        Purchase Details
                Closed on
            
            
                Mar 29, 2004
            
        
                Sold by
            
            
                Wilson Nick
            
        
                Bought by
            
            
                Araghi Michael
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $650,000
            
        
                Interest Rate
            
            
                5.57%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Feb 14, 2003
            
        
                Sold by
            
            
                Laghaei Patel Mojgan
            
        
                Bought by
            
            
                Laghaei Michael and Laghaei Kameieh
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $607,200
            
        
                Interest Rate
            
            
                4.75%
            
        Purchase Details
                Closed on
            
            
                Feb 13, 2003
            
        
                Sold by
            
            
                Laghaei Michael
            
        
                Bought by
            
            
                Wilson Nick
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $607,200
            
        
                Interest Rate
            
            
                4.75%
            
        Purchase Details
                Closed on
            
            
                Feb 5, 2003
            
        
                Sold by
            
            
                Wilson Daniele
            
        
                Bought by
            
            
                Wilson Nick
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $607,200
            
        
                Interest Rate
            
            
                4.75%
            
        Purchase Details
                Closed on
            
            
                Sep 29, 1998
            
        
                Sold by
            
            
                Laghaei Mohammad
            
        
                Bought by
            
            
                Laghaei Michael and Laghaei Kameleh
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $390,000
            
        
                Interest Rate
            
            
                6.88%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Araghi Michael | -- | Lsi Title Company | |
| Araghi Michael | $1,270,000 | Gateway Title Company | |
| Laghaei Michael | -- | -- | |
| Wilson Nick | $759,000 | Equity Title | |
| Wilson Nick | -- | -- | |
| Laghaei Michael | -- | First Southwestern Title Co | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Araghi Michael | $668,100 | |
| Closed | Araghi Michael | $650,000 | |
| Previous Owner | Wilson Nick | $607,200 | |
| Previous Owner | Laghaei Michael | $390,000 | |
| Closed | Wilson Nick | $75,900 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $23,358 | $1,949,021 | $1,421,790 | $527,231 | 
| 2024 | $23,358 | $1,910,806 | $1,393,912 | $516,894 | 
| 2023 | $22,907 | $1,873,340 | $1,366,581 | $506,759 | 
| 2022 | $21,843 | $1,836,609 | $1,339,786 | $496,823 | 
| 2021 | $21,568 | $1,800,598 | $1,313,516 | $487,082 | 
| 2019 | $20,920 | $1,747,193 | $1,274,557 | $472,636 | 
| 2018 | $20,792 | $1,712,935 | $1,249,566 | $463,369 | 
| 2016 | $19,876 | $1,646,422 | $1,201,045 | $445,377 | 
| 2015 | $19,584 | $1,621,693 | $1,183,005 | $438,688 | 
| 2014 | $19,641 | $1,589,927 | $1,159,832 | $430,095 | 
                Source: Public Records
                    
            
        Map
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