NOT LISTED FOR SALE
32 Beds
28 Baths
20,748 Sq Ft
0.46 Acres

Last Sold June 06, 2019

Last sale price $9,750,000 $470 Per Sq Ft

10 Days on Market

Highlights

  • 19,991 Sq Ft lot
  • Warner Avenue Elementary Rated A
  • 28 Car Attached Garage

About This Home

As of June 2019

700 Levering Avenue is an extremely rare asset in prime Westwood. Consisting of all very large 2 bedroom units, this family owned property since 1952 encompasses 20,748 SF of building on a huge 19,991 SF corner (Strathmore) lot. The building has been extremely well maintained and has all copper plumbing (Buyer to verify), a sparkling pool, ample on-site parking, and the soft story retrofit work has been completed. Walking distance to UCLA and just a short stroll to Westwood Village, 700 Levering is the rare gem of a property that is a generational offering in Westwood.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 04/02/2019

Remax Commercial and Investment Realty

Last Buyer's Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 04/02/2019

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.46

Interior Spaces

  • 20,748 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 28 Bathrooms

Parking

  • 28 Car Attached Garage
  • Assigned Parking

Additional Features

  • 0.46 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 4363-008-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 20748
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 32
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 28.00
  • Den: 0
  • Price Per S Q F T: 467.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Attached
  • Total Parking: 28

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 708463
  • Assessed Land Value: 1165169
  • Assessor Parcel Number: 4363-008-009
  • Geocode Override: No
  • Lot Size Area: 19991

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.89
  • Number Of Units: 16
  • Rent Control: 100%
  • Total Annual Expense: 219050
  • Type Of Units: 2s
  • Vacancy Rate: 16264

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

Property History

Date Event Price Change Sq Ft Price
06/06/2019 06/06/19 Sold $9,750,000 +0.5% $470 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $9,700,000 -- $468 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-450510

The MLS