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121 North Gunston Drive

121 North Gunston Drive, Los Angeles, CA 90049
Property in Brentwood Circle
Sold Aug 31, 2020
$7,288,000
$4,750,000 by Silicon Valley Bank
Mortgage Due Sep 01, 2050
Sold Jul 15, 2013
$4,350,043
121 North Gunston Drive in Los Angeles, CA was first built in 1929 and is 95 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. There are a total of 4 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 8 partial bathrooms. 121 North Gunston Drive has 7,284 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,035 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jul 23, 2020 for $7,288,000. That's $1,000.55 per sqft. Prior to that sales transaction, the property was also sold in May 17, 2013 for $4,350,043. 121 North Gunston Drive was last assessed in 2023. The total value of the property was assessed at $7,582,435. Specifically, the land the property is located on was valued at $5,176,406. While improvements on the property were assessed at a total of $2,406,029. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $87,655. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,035
  • Total Building Area: 7,284
  • Building Area: 7,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6909
  • Land Acres: 0.391
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=6909 1/2 VAC ST ADJ ON NE AND LOT 22 AND POR OF LOT 21

Ownership

  • Current Owner : BURT DAVID
  • Current Owner 2: THE WESTBROOK AVENUE TRUST
  • Previous Owner : PENG JASON JIH SHEN
  • Previous Owner 2: CUI CLAIRE YU
  • Owner Before Previous Owner: ASSANTI ALBERT
  • Owner Before Previous Owner 2: ASSANTI MIMI
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262302

Zoning

  • Zoning: LARE11

Geography

  • Subdivision Tract Number: 6909
  • Parcel: 4429-028-036
  • Lot: 22,21
  • Municipality: WEST /BRENTWOOD
  • Latitude: 34.0711
  • Longitude: -118.47

    Address

  • Full Address: 121 N Gunston Dr
  • Address - House Number: 121
  • Street Direction: N
  • Address - Street Name: Gunston
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 2012
  • Zip Code: 90049

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $87,655
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 9,540,044
  • High Value: 11,747,513
  • Low Value: 7,332,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,750,000
  • First Open Lien Mortgage Lender: SILICON VALLEY BANK
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,582,435
  • Assessed Land Value: $5,176,406
  • Assessed Improvements Value: $2,406,029

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Transaction ID: 11784557270
  • Current Sale Price: $7,288,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1025885
  • Previous Sale Recording Date: Jul 15, 2013
  • Previous Sale Contract Date: May 17, 2013
  • Previous Sale Amount: $4,350,043
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILICON VALLEY BANK
  • First Mortgage Transaction Date: Aug 31, 2020
  • First Mortgage Loan Amount: $4,750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 121 North Gunston Drive located in?
The 121 North Gunston Drive is a located in the neighborhood of Brentwood Circle in West Los Angeles, Los Angeles.
What is the average sales price for listings in 121 North Gunston Drive?
The average sales price for units in 121 North Gunston Drive is $0 currently.

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