NOT LISTED FOR SALE

768 Westholme Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $3,510,000 - $4,298,000

4 Beds
5 Baths
2,592 Sq Ft
$1,459/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $2,515,816 $971 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $22,756/month

15 Days on Market

Highlights

  • Art Studio
  • Views of Trees
  • Wood Flooring
  • Warner Avenue Elementary Rated A
  • Maid or Guest Quarters
  • Home Office

About This Home

As of May 2016

John Kewell, A.I.A. The Schipper Residence, 1952. Gold Medal winner John Kewell, A.I.A. likely met Merle Schipper, who was an art critic, writer, and curator, through their mutual academic associations. Although Kewell is best known for his larger projects such as a masterplan for Cal Tech, his design for Merle's hillside site in Westwood, which is easy walking distance from U.C.L.A., is a classic of the period. Merle did much of her work at home so a plan was developed to accommodate living and working. Privacy, space and light are the hallmarks of this post-war open plan residence for art, work and entertaining. Careful updating and revisions by architects Jared Levy and Jeff Allsbrook, A.i.A. add high quality 21st century amenities to a timeless mid-century lifestyle.

Last Agent to Sell the Property

Crosby Doe

Crosby Doe Associates, Inc. License #00463731 Listed on: 03/02/2016

Last Buyer's Agent

Emil Alexander Schneeman

Berkshire Hathaway HomeServices California Properties License #01200793

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,519

Year Built

  • Built in 1952

Lot Details

  • 8,738 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room
  • Dining Area
  • Home Office
  • Library
  • Art Studio
  • Views of Trees
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Studio bedroom
  • Converted Bedroom
  • Powder Room
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Enclosed Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4360-016-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,519

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2592
  • Probate: No
  • Stories: 2
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Free Standing, Wood Burning
  • Flooring: Mixed, Vinyl Tile, Wood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1060.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4360-016-016
  • Geocode Override: No
  • Lot Size Area: 8738

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2015
Sold by
Welling James
Bought by
Gehry Samuel A S and Samuei A S Gehry Trust
Current Estimated Value
$3,781,991

Purchase Details

Closed on
May 3, 2000
Sold by
Lerner Miriam R
Bought by
Welling James and Weinstock Jane

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
8.18%
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
Gehry Samuel A S $2,516,000 Lawyers Title
Welling Weinstock Trust -- None Available
Welling James $1,010,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welling James $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $2,515,816 -8.5% $971 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $2,750,000 -- $1,061 / 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 $35,519 $2,978,191 $2,382,627 $595,564
2024 $35,519 $2,919,796 $2,335,909 $583,887
2023 $34,827 $2,862,546 $2,290,107 $572,439
2022 $33,201 $2,806,418 $2,245,203 $561,215
2021 $32,804 $2,751,391 $2,201,180 $550,211
2019 $31,817 $2,669,786 $2,135,893 $533,893
2018 $31,690 $2,617,438 $2,094,013 $523,425
2016 $15,974 $1,311,327 $1,049,066 $262,261
2015 $15,742 $1,291,631 $1,033,309 $258,322
2014 -- $1,266,330 $1,013,068 $253,262
Source: Public Records

Agents Affiliated with this Home

  • Crosby Doe

    Seller's Agent in 2016

    Crosby Doe

    Crosby Doe Associates, Inc.

    (310) 428-6755

    39 Total Sales

    Crosby Doe
    Section Image
  • Emil Alexander Schneeman

    Buyer's Agent in 2016

    Emil Alexander Schneeman

    Berkshire Hathaway HomeServices California Properties

    (310) 230-3700

    2 in this area

    77 Total Sales

    Emil Alexander Schneeman
    Section Image
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Map

Source: The MLS

MLS Number: 16-102526

The MLS

APN: 4360-016-016

California Los Angeles County Los Angeles 90024 Westwood

768 Westholme Ave, Los Angeles, CA

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