NOT LISTED FOR SALE

Estimated Value: $1,900,000 - $3,182,000

3 Beds
3 Baths
2,134 Sq Ft
$1,221/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $2,750,000 $1,289 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $17,090/month

47 Days on Market

Highlights

  • Wine Cellar
  • Filtered Pool
  • Green Roof
  • 24-Hour Security
  • Open Floorplan
  • 4-minute walk to La Cienega Park & Community Center

About This Home

As of May 2022

BACKUP OFFERS ACCEPTED - This house is a showpiece 3 Bedroom, 3 Bath 2,134' all-single-story 1929 house on an 8,253' lot with an 18'x40' computerized and automated pool and equipment. It has been in total restoration for two (2) years, and no expense was spared. The house is new from bottom to top. All fixtures and appliances are are state-of-the-art and top of the line. The house is computerized and automated along with a 16-Channel 4k HD Security Camera system. Run everything in the house from your Smartphone.
The Historically Preserved (HPOZ Zoning, Circa 1929) SFR neighborhood is very quiet, low crime, underground utilities, fabulous schools (Charter, Magnet, & Private) and there are NO apartments and NO Multi-Unit buildings anywhere nearby, and there is NO HOA. The location is one (1) mile to Cedars Sinai, The Beverly Center/Beverly Grove, Rodeo Drive, the Academy of Motion Pictures (Oscars), the Petersen Museum, and much more.
The house has open beams and a sunken living room, a 1929 fireplace, tubular skylights, new hardwood floors, a basement, central heat and air conditioning, a large and extremely private backyard, and a driveway wide enough to drive a full-sized car to the garage in the backyard which is rare in the 1929 neighborhood. Other features and modern upgrades are too numerous to mention. There is absolutely nothing else like it.

Last Agent to Sell the Property

William Schultz

William H Schultz License #00887242 Listed on: 02/12/2022

Last Buyer's Agent

Dean Mandile

Sotheby's International Realty License #01970094

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,664

Year Built

  • Built in 1929

Lot Details

  • 8,253 Sq Ft Lot
  • Southeast Facing Home
  • Masonry wall
  • Wrought Iron Fence
  • Landscaped
  • Rectangular Lot
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Single Garage Door
  • Garage Door Opener
  • Auto Driveway Gate
  • Driveway Up Slope From Street
  • On-Street Parking
  • Controlled Entrance

Property Views

  • Pool
  • Neighborhood

Home Design

  • English Architecture
  • Tudor Architecture
  • Interior Block Wall
  • Bituthene Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,134 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Drapes & Rods
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Sliding Doors
  • Entryway
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room
  • Attic
  • Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Mirrored Closets Doors
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Carthay Elementary School
  • Emerson Middle School
  • Fairfax Senior High School

Utilities

  • High Efficiency Air Conditioning
  • SEER Rated 16+ Air Conditioning Units
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Wood
  • 220 Volts
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 468
  • Tax Tract Number 5542
  • Assessor Parcel Number 5088001017
  • $406 per year additional tax assessments

Community Details

Recreation

  • Park
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Service Entrance
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,664

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All manufacturer warranties for fixtures and appliances; all pool equipment
  • Other Phone Description: 818-613-6510 C
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: English, Tudor
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5088001017
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2134.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Built-in Features, High Ceilings, Home Automation System, Open Floorplan, Pantry, Sunken Living Room, Wired for Data
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s), Service Entrance, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas, Wood Burning, Masonry
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1288.66
  • Room Type: Attic, Basement, Entry, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Wine Cellar
  • Window Features: Drapes, Screens, Skylight(s), Wood Frames
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Separate Tub And Shower, Stone Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Concrete Perimeter
  • Exterior Features: Rain Gutters
  • View: Neighborhood, Pool
  • Fence: Yes
  • Fencing: Masonry, Wrought Iron
  • Patio And Porch Features: Concrete, Covered, Deck, Patio Open
  • Pool Features: Private, Fenced, Filtered, Gunite, Heated, Gas Heat, In Ground, Tile
  • Pool Private: Yes
  • Roof: Bituthene
  • Construction Materials: Concrete, Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Auto Driveway Gate, Controlled Entrance, Direct Garage Access, Driveway, Concrete, Driveway Up Slope From Street, Garage, Garage - Single Door, Garage Door Opener, On Site, Private, Street
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Electric: 220 Volts
  • Heating Type: Central, Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, High Efficiency, Wood
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Energy Star Qualified Equipment, High Efficiency, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified
  • Elementary School: Carthay
  • Middle School: Emerson
  • High School: Fairfax Senior
  • Elementary School: Carthay
  • High School: Fairfax Senior
  • Middle Or Junior School: Emerson
  • Elementary School #2: CARTHA
  • High School2: FAISEN

Green Features

  • Efficiency: Appliances, HVAC, Lighting, Roof, Thermostat, Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Landscaped, Lawn, Rectangular Lot, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size: 8253
  • Lot Size Sq Ft: 8253.00
  • Lot Size Acres: 0.1895

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8253.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2163.00
  • Tax Lot: 468
  • Tax Tract Number: 5542
  • TaxOtherAnnualAssessmentAmount: 406.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2019
Sold by
Neidich Jerome F
Bought by
Schultz William and The Neidich Irrevocable Trust
Current Estimated Value
$2,606,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2019
Sold by
907 Schumacher Drive L P
Bought by
The Jerome F Neidich Revocable Living Tr

Purchase Details

Closed on
Apr 25, 2007
Sold by
Neidich Jerome F
Bought by
The 907 Schumacher Drive Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2006
Sold by
Neidich Jerome
Bought by
The 907 Schumacher Drive Lp

Purchase Details

Closed on
Jul 18, 1997
Sold by
Moghimi David K
Bought by
Neidich Jerome F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,200
Interest Rate
5.87%
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
Schultz William -- None Available
Neidich Jerome F -- None Available
The Jerome F Neidich Revocable Living Tr -- None Available
The 907 Schumacher Drive Lp -- Accommodation
Neidich Jerome F -- Orange Coast Title
The 907 Schumacher Drive Lp -- None Available
Neidich Jerome F $366,500 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz William H $350,000
Closed Neidich Irrevocable Trust $250,000
Closed Neidich Jerome F $335,000
Closed Neidich Jerome F $626,000
Previous Owner Neidich Jerome F $581,250
Previous Owner Neidich Jerome F $355,000
Previous Owner Neidich Jerome F $293,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $2,750,000 -8.3% $1,289 / Sq Ft
04/01/2022 04/01/22 Price Changed $2,999,000 0.0% $1,405 / Sq Ft
04/01/2022 04/01/22 For Sale $2,999,000 +9.1% $1,405 / Sq Ft
03/30/2022 03/30/22 Off Market $2,750,000 -- --
03/09/2022 03/09/22 Price Changed $3,150,000 -4.5% $1,476 / Sq Ft
02/12/2022 02/12/22 For Sale $3,299,000 -- $1,546 / 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 $34,664 $2,918,321 $2,334,657 $583,664
2024 $34,664 $2,861,100 $2,288,880 $572,220
2023 $33,986 $2,805,000 $2,244,000 $561,000
2022 $20,244 $1,700,435 $1,082,095 $618,340
2021 $19,998 $1,667,094 $1,060,878 $606,216
2020 $6,741 $535,083 $420,775 $114,308
2019 $6,482 $524,592 $412,525 $112,067
2018 $6,377 $514,307 $404,437 $109,870
2016 $6,086 $494,337 $388,733 $105,604
2015 $5,998 $486,912 $382,894 $104,018
2014 $6,024 $477,375 $375,394 $101,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22028256

California Regional Multiple Listing Service (CRMLS)

APN: 5088-001-017