NOT LISTED FOR SALE

Estimated Value: $1,404,000 - $1,514,000

4 Beds
2 Baths
1,772 Sq Ft
$836/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $1,200,000 $677 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,151/month

5 Days on Market

Highlights

  • No HOA
  • Back and Front Yard
  • 1-Story Property
  • Laundry Room

About This Home

As of September 2022

Calling all developers, investors and creative homebuyers who are looking for a fixer with big potential!!! This midcentury diamond in the rough is located in the highly sought-after neighborhood of Westchester near Silicon Beach, where LA’s flourishing tech companies are headquartered and housing is increasingly in demand. A family can live comfortably in this spacious 1,772 square foot home with 4 sizable bedrooms and 2 baths. The huge open living area enjoys lots of natural light, with a large sliding door that leads to an elevated rear patio. A rustic corner fireplace with river stone surround is a nod to the home’s midcentury architectural influences, while a quaint pass-through bar connects the living room to the kitchen. The large master bedroom features an ensuite bath and sliding door access to the patio. Enjoy morning coffee al fresco surrounded by lush plants and shrubs. Well-placed windows allow ocean breezes to sweep through for year-round ventilation, and central heating keeps you warm in winter. The bonus-sized lot occupies nearly 10,000 square feet with plenty of room for RV parking. A large, detached garage offers space for vehicles and storage, and is perfect for an ADU with substantial cashflow potential. You’ll love the convenient access to the 405 Freeway and proximity to surf and sand — just minutes to beaches, shopping, restaurants, LAX, Centinela Adobe Park, SoFi Stadium, Loyola Marymount University and more! The growth of Silicon Beach has created much demand by residents seeking access to the area’s job opportunities, beach vibe and artsy culture. If you’re looking for a California cottage that evokes the charm of yesteryear, look no further than this nostalgic home on a quiet, tree-lined street. A welcome addition to any investment portfolio, this centrally located jewel will go quickly! Renovate the existing floor plan or create the home of your dreams — the result is limited only by your imagination!

Last Agent to Sell the Property

Theresa Hertzog

Keller Williams South Bay License #01839725 Listed on: 07/10/2022

Keller Williams South Bay

Last Buyer's Agent

Theresa Hertzog

Keller Williams South Bay License #01839725 Listed on: 07/10/2022

Keller Williams South Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,060

Year Built

  • Built in 1950

Lot Details

  • 9,810 Sq Ft Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,772 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 16160
  • Assessor Parcel Number 4127002011
  • $362 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,060

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4127002011
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1772.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 677.20
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 9810.00
  • Lot Size Acres: 0.2252

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9810.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2771.00
  • Tax Lot: 26
  • Tax Tract Number: 16160
  • TaxOtherAnnualAssessmentAmount: 362.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Aug 9, 2022
Sold by
Alex Lubianetsky Stephen
Bought by
Morgan Meka
Seller's Agent
Theresa Hertzog
Keller Williams South Bay
Buyer's Agent
Theresa Hertzog
Keller Williams South Bay
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%
Views
6
Current Estimated Value
$1,482,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,014
Avg. Annual Appreciation
5.96%
Original Mortgage
$970,000
Outstanding Balance
$930,071
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$499,071

Purchase Details

Closed on
Jun 10, 1997
Sold by
Lubianetsky John T
Bought by
Lubianetsky Stephen Alex

Purchase Details

Closed on
Apr 17, 1995
Sold by
Lubianetsky John Thomas and Lubianetsky Stephen Alex
Bought by
Lubianetsky Stephen Alex and Lubianetsky John Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
9.35%

Purchase Details

Closed on
Dec 12, 1994
Sold by
Lubianetsky Metro and Lubianetsky Lorraine
Bought by
Lubianetsky John Tomas and Lubianetsky Stephen Alex
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
Morgan Meka $1,200,000 Pacific Coast Title
Lubianetsky Stephen Alex $5,000 --
Lubianetsky Stephen Alex -- Orange Coast Title
Lubianetsky John Tomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Meka $42,913
Open Morgan Meka $88,996
Open Morgan Meka $450,000
Open Morgan Meka $970,000
Previous Owner Lubianetsky Stephen Alex $217,000
Previous Owner Lubianetsky Steve $176,500
Previous Owner Lubianetsky Stephen Alex $165,000
Previous Owner Lubianetsky Stephen Alex $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $1,200,000 +9.2% $677 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $1,099,000 -- $620 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,060 $1,248,480 $998,784 $249,696
2024 $15,060 $1,224,000 $979,200 $244,800
2023 $14,773 $1,200,000 $960,000 $240,000
2022 $3,219 $243,734 $139,220 $104,514
2021 $3,171 $238,956 $136,491 $102,465
2019 $3,083 $231,871 $132,444 $99,427
2018 $2,989 $227,326 $129,848 $97,478
2016 $2,848 $218,500 $124,806 $93,694
2015 $2,809 $215,219 $122,932 $92,287
2014 $2,830 $211,004 $120,524 $90,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22150568

California Regional Multiple Listing Service (CRMLS)

APN: 4127-002-011