NOT LISTED FOR SALE

868 Birchwood Dr Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $7,628,000 - $9,583,288

4 Beds
5 Baths
6,167 Sq Ft
$1,321/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $5,600,000 $908 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $48,987/month

63 Days on Market

Highlights

  • Wine Cellar
  • In Ground Pool
  • 22,871 Sq Ft lot
  • Warner Avenue Elementary Rated A
  • Golf Course View
  • Colonial Architecture

About This Home

As of October 2017

This elegant Spanish Colonial embodies Hollywood glamour at its most romantic- restored and updated to preserve its exquisite details, from cathedral beamed ceilings to wood and terra cotta floors and stained glass windows. Designed in 1932 by architect L.G. Scherer and set on a secluded street in Little Holmby overlooking the LACC, this estate was once home to actress Marlene Dietrich. The entry opens to a loggia overlooking an interior courtyard and leading to a circular 2 story foyer w/ curving staircase. Entertaining areas include a vast great room, anchored by one of 6 fireplaces and a paneled study, both w/ expansive views of golf course and grounds. Adjacent sun rm/den opens to courtyd and flows into spacious game rm. Formal dining leads to remodeled eat-in kitchen. 2nd level has 4 large bedrooms w/ views including master suite and guest rm. Grnd level w/3 car garage, wine cellar. Lush gardens feature paths, pond, waterfall, pool, deck, outdoor fp, bbq. An incredible value!

Last Agent to Sell the Property

Jane Gavens

Compass License #01468938 Listed on: 06/01/2017

Compass

Co-Listed By

Marc Noah

Sotheby's International Realty License #01269495

Last Buyer's Agent

Laurence Young

Berkshire Hathaway HomeServices California Properties License #00999537

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,933

Year Built

  • Built in 1932

Lot Details

  • 0.53 Acre Lot
  • Property is zoned LAR1

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Colonial Architecture

Interior Spaces

  • 6,167 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 6 Fireplaces
  • Great Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Library with Fireplace
  • Recreation Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill
  • Enclosed Glass Porch

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4359-017-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,933

Year Built

Built in 1932

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 6167
  • Stories: 2
  • Year Built: 1932
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Great Room, Kitchen, Library
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 6
  • Full Bathroom: 3
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 972.11

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Golf Course, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Attached, Garage - 3 Car
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 95.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4359-017-010
  • Geocode Override: No
  • Lot Size Area: 22871

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Nov 9, 2017
Sold by
Ladwig Michael W and Peters Ladwig Theresa
Bought by
Ladwig Michael and Ladwig Theresa Peters
Seller's Agent
Jane Gavens
Compass
Buyer's Agent
Laurence Young
Berkshire Hathaway HomeServices California Properties
List Price
$5,995,000
Sold Price
$5,600,000
Premium/Discount to List
-$395,000
-6.59%
Current Estimated Value
$8,148,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,548,572
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 7, 2017
Sold by
Kirshner Todd B
Bought by
Ladwig Michael W and Peters Ladwig Theresa
Seller's Agent
Jane Gavens
Compass
Buyer's Agent
Laurence Young
Berkshire Hathaway HomeServices California Properties
List Price
$5,995,000
Sold Price
$5,600,000
Premium/Discount to List
-$395,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,789,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 24, 2016
Closed on
Sep 21, 2016
Sold by
Frankfort Norman J and Frankfort Denise N
Bought by
Kirshner Todd B and Todd Kirshner Trust
Seller's Agent
Jim Bremner
Compass
Buyer's Agent
Mary Lu Tuthill
Coldwell Banker Realty
List Price
$5,995,000
Sold Price
$5,472,500
Premium/Discount to List
-$522,500
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$3,830,750
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2011
Sold by
Frankfort Norman J and Frankfort Denise N
Bought by
Frankfort Norman J and Frankfort Denise N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2010
Sold by
Frankfort Norman J and Frankfort Denise N
Bought by
Frankfort Norman J and Frankfort Denise N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,500
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1993
Sold by
Frankfort Norman J and Frankfort Denis N
Bought by
Frankfort Norman J and Frankfort Denise N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
7.16%

Purchase Details

Closed on
Aug 20, 1993
Sold by
Frankfort Norman J and Frankfort Denise N
Bought by
Frankfort Norman J and Frankfort Denise N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
7.16%
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
Ladwig Michael -- None Available
Ladwig Michael W $5,600,000 Equity Title Company
Kirshner Todd B $5,472,500 Equity Title
Frankfort Norman J -- Lawyers Title
Frankfort Norman J -- Lawyers Title
Frankfort Norman J -- Lsi Local Solutions
Frankfort Norma J -- Netco Title Company
Frankfort Norman J -- --
Frankfort Norman J -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ladwig Michael W $3,789,750
Previous Owner Kirshner Todd B $3,830,750
Previous Owner Frankfort Norman J $663,000
Previous Owner Frankfort Norman J $669,500
Previous Owner Frankfort Norman J $790,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2017 10/06/17 Sold $5,600,000 -6.6% $908 / Sq Ft
06/01/2017 06/01/17 For Sale $5,995,000 +9.5% $972 / Sq Ft
10/03/2016 10/03/16 Sold $5,472,500 -8.7% $887 / Sq Ft View Prior Sale
08/04/2016 08/04/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $5,995,000 -- $972 / 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 $75,933 $6,371,839 $5,097,473 $1,274,366
2024 $75,933 $6,246,902 $4,997,523 $1,249,379
2023 $74,449 $6,124,415 $4,899,533 $1,224,882
2022 $70,968 $6,004,329 $4,803,464 $1,200,865
2021 $70,117 $5,886,598 $4,709,279 $1,177,319
2019 $68,005 $5,712,000 $4,569,600 $1,142,400
2018 $67,755 $5,600,000 $4,480,000 $1,120,000
2017 $66,065 $5,472,500 $4,378,000 $1,094,500
2016 $8,427 $656,645 $361,536 $295,109
2015 $8,310 $646,783 $356,106 $290,677
2014 $8,348 $634,115 $349,131 $284,984
Source: Public Records

Agents Affiliated with this Home

  • Jane Gavens

    Seller's Agent in 2017

    Jane Gavens

    Compass

    (310) 497-5166

    10 in this area

    30 Total Sales

    Jane Gavens
    Section Image
  • Marc Noah

    Seller Co-Listing Agent in 2017

    Marc Noah

    Sotheby's International Realty

    (310) 968-9212

    2 in this area

    45 Total Sales

    Marc Noah
    Section Image
  • Laurence Young

    Buyer's Agent in 2017

    Laurence Young

    Berkshire Hathaway HomeServices California Properties

    (310) 777-2879

    60 in this area

    140 Total Sales

    Laurence Young
    Section Image
  • Jim Bremner

    Seller's Agent in 2016

    Jim Bremner

    Compass

    (310) 422-0858

    37 in this area

    58 Total Sales

    Jim Bremner
    Section Image
  • Mary Lu Tuthill

    Buyer's Agent in 2016

    Mary Lu Tuthill

    Coldwell Banker Realty

    (310) 979-3990

    21 Total Sales

    Mary Lu Tuthill
    Section Image
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Map

Source: The MLS

MLS Number: 17-236278

The MLS

APN: 4359-017-010

California Los Angeles County Los Angeles 90024 Westwood

868 Birchwood Dr, Los Angeles, CA

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