NOT LISTED FOR SALE

Estimated Value: $1,206,000 - $1,373,000

2 Beds
2 Baths
1,650 Sq Ft
$796/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,335,000 $809 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,113/month

36 Days on Market

Highlights

  • Detached Guest House
  • Wood Flooring
  • Converted Garage
  • Warner Avenue Elementary Rated A
  • No HOA
  • Fenced Yard

About This Home

As of January 2024

Indulge in the allure of your exclusive retreat, a two-bedroom, two-bathroom haven perched upon a private and exclusive lower part of Beverly Glen. This enchanting 1,650-square-foot bungalow, discreetly nestled on a vast 13,000-square-foot expanse above Sunset Boulevard, in Bel Air, spans two parcels seamlessly merged into one, promising the extraordinary prospect of substantial expansion opportunities with a large portion of the lot being flat land. The property showcases a primary 1 bedroom 1 bath 1200sqf main residence accompanied by a fully permitted 1 bedroom 1 bath 450 Sq.Ft. detached garage conversion with plans in hand to build a new one in its place. Currently serving as an ADU ideal for vacation rentals as is currently the case, with it generating over $30K per year in income on Airbnb. Or its adaptable for alternate uses such as a separate guest house, gym, art studio, or office. Enter the realm of this cozy cottage-style residence, where an inviting indoor/outdoor living space unfolds with a gracefully open and airy floor plan. The central living area captivates with a sweeping expanse of windows framing scenic vistas of the meticulously landscaped backyard and patio. The gourmet kitchen, adorned with stainless steel appliances and an accommodating breakfast bar, stands ready for culinary endeavors. Sleek hardwood floors and recessed lighting contribute a note of modern refinement, while recent enhancements, including updated plumbing, a tankless water heater, and a contemporary AC system, assure year-round comfort and convenience. Immerse yourself in the serenity of this coveted lower Beverly Glen locale unveiling a concealed gem, a residence that epitomizes the quintessential place to call home here in the exclusive community of Bel Air, a few block away from UCLA and Westwood.

Last Agent to Sell the Property

Joey Parsi

The Agency License #02126421 Listed on: 12/01/2023

The Agency

Last Buyer's Agent

Ryan Tan

Circa Properties, Inc. License #02008954

Circa Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,112

Year Built

  • Built in 1937

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 51x60
  • West Facing Home
  • Fenced Yard
  • Backyard Sprinklers
  • Back Yard
  • Property is zoned LARE15

Home Design

  • Bungalow
  • Raised Foundation
  • Common Roof
  • Stucco

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Garden Windows
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Open to Family Room
  • <<OvenToken>>
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Converted Garage
  • Shared Driveway

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Detached Guest House
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4371-022-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,112

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Location: Other
  • Living Area: 1650
  • Lot Acreage: 0.3000
  • Lot Dimensions: 51x60
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: No Additions/Alter
  • Stories: 1
  • Year Built: 1937
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Oven, Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Open to Family Room
  • Laundry: In Kitchen, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 833.33
  • Windows: Garden Window

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Guest House: Detached
  • Pool: No
  • Roof: Common Roof
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Shared Driveway
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street, On Site
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Rear
  • Horses: No
  • Assessor Parcel Number: 4371-022-006
  • Lot Description: Back Yard, Fenced Yard
  • Lot Location: City
  • Lot Size Area: 13035

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 9, 2024
Sold by
Omana Matthew M
Bought by
Hu Tianlun Terence and Li Irene Mai
Seller's Agent
Joey Parsi
The Agency
Buyer's Agent
Ryan Tan
Circa Properties, Inc.
List Price
$1,375,000
Sold Price
$1,335,000
Premium/Discount to List
-$40,000
-2.91%
Views
448
Current Estimated Value
$1,312,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,411
Avg. Annual Appreciation
0.40%
Original Mortgage
$0
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Gordnia Kourosh Ross and Gordnia Omid Gordnia
Bought by
Omana Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1995
Sold by
Gordnia Kourosh R
Bought by
Gordnia Kourosh Ross and Omid Gordnia Saghar
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
Hu Tianlun Terence $1,335,000 Fidelity National Title
Omana Matthew M $640,000 California Title
Gordnia Kourosh Ross -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Omana Matthew M $0
Previous Owner Omana Matthew M $60,000
Previous Owner Omana Matthew M $796,000
Previous Owner Omana Matthew M $50,000
Previous Owner Omana Matthew M $512,000
Previous Owner Gordnia Kourosh Ross $285,000
Previous Owner Gordnia Kourosh Ross $34,000
Previous Owner Gordnia Kourosh Ross $75,000
Closed Omana Matthew M $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,335,000 -2.9% $809 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $1,375,000 -- $833 / 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
2024 $10,112 $819,935 $737,948 $81,987
2023 $9,920 $803,859 $723,479 $80,380
2022 $9,488 $788,098 $709,294 $78,804
2021 $9,372 $772,646 $695,387 $77,259
2020 $9,400 $764,724 $688,257 $76,467
2019 $9,026 $749,730 $674,762 $74,968
2018 $9,003 $735,031 $661,532 $73,499
2016 $8,582 $706,491 $635,845 $70,646
2015 $8,457 $695,880 $626,295 $69,585
2014 $8,488 $682,249 $614,027 $68,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-334921

The MLS

APN: 4371-022-006