NOT LISTED FOR SALE

860 Devon Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $8,165,753

0.32 Acre
$25,599,151 Price per Acre
13,895 Sq Ft Lot

Last Sold June 18, 2013

Last sale price $7,000,000

Est. 17% increase in value since last sale

Current estimated payment $51,022/month

412 Days on Market

About This Lot

As of June 2013

Phenomenal opportunity on the Wilshire Corridor to build 6 stories of residential condos between the world famous Rodeo Drive, Beverly Hills triangle as well as Westwood Village.

Last Agent to Sell the Property

Brendan Fitzpatrick

Douglas Elliman License #01791703 Listed on: 03/02/2012

Douglas Elliman

Co-Listed By

Mauricio Umansky

The Agency License #01222825

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $99,371

Lot Details

  • 0.32 Acre Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4359-017-016

Property Details

Property Type

Land

Est. Annual Taxes

$99,371

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4359-017-016
  • Lot Size Area: 13895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2019
Sold by
Devon Llc
Bought by
Toll Bros Inc
Current Estimated Value
$8,165,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,933,333
Outstanding Balance
$9,593,007
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$1,427,254

Purchase Details

Closed on
Apr 22, 2016
Sold by
Hsr Devon Llc
Bought by
888 Devon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 2, 2012
Closed on
Jun 6, 2013
Sold by
Mar Mar Devon Llc
Bought by
Hsr Devon Llc
Seller's Agent
Brendan Fitzpatrick
Douglas Elliman
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$9,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$2,500,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$4,750,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2009
Sold by
Lenmar Wilshire Devon Llc
Bought by
Mar Mar Devon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2005
Sold by
Heller Linda Joy
Bought by
Heller Elenore D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,800,000
Interest Rate
5.56%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 12, 2005
Sold by
Heller Elenore D
Bought by
Lenmar Wilshire Devon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,800,000
Interest Rate
5.56%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Toll Bros Inc $16,236,000 Stewart Title
888 Devon Llc $13,250,000 Stewart Title
Hsr Devon Llc $7,000,070 First American Title Ins Co
Mar Mar Devon Llc -- Chicago Title Company
Heller Elenore D -- North American Title Co
Lenmar Wilshire Devon Llc $3,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toll Bros Inc $10,933,333
Previous Owner 888 Devon Llc $132,500
Previous Owner Hsr Devon Llc $4,750,000
Previous Owner Mar Mar Devon Llc $6,500,000
Previous Owner Lenmar Wilshire Devon Llc $15,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2013 06/18/13 Sold $7,000,000 -26.3% --
04/18/2013 04/18/13 Pending -- -- --
03/02/2012 03/02/12 For Sale $9,500,000 -- --
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 $99,371 $8,427,240 $8,427,240 --
2024 $99,371 $8,262,000 $8,262,000 --
2023 $209,038 $17,407,200 $17,407,200 $0
2022 $199,163 $17,065,883 $17,065,883 $0
2021 $196,881 $16,731,258 $16,731,258 $0
2020 $198,991 $16,559,700 $16,559,700 $0
2019 $26,002 $14,061,006 $14,061,006 $0
2018 $165,136 $13,785,300 $13,785,300 $0
2016 $87,044 $7,281,651 $7,281,651 $0
2015 $85,750 $7,172,274 $7,172,274 $0
2014 $85,958 $7,031,780 $7,031,780 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brendan Fitzpatrick

    Douglas Elliman

    Section Image
  • Mauricio Umansky

    Seller Co-Listing Agent in 2013

    Mauricio Umansky

    The Agency

    (424) 230-3712

    4 in this area

    66 Total Sales

    Mauricio Umansky
    Section Image

  • S

    Buyer's Agent in 2013

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 12-585627

The MLS

APN: 4359-017-016

California Los Angeles County Los Angeles 90024 Westwood

860 Devon Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes