1208 Smithwood Dr, Los Angeles, CA 90035
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1208 Smithwood Dr Los Angeles, CA 90035

$2,600,000 Sold Price as of 08/20/2021
  • 8 Beds
  • 4 Baths
  • 4,786 Sq.Ft.
Sold
$2,600,000 Sold Price as of 08/20/2021 Refinance Your Mortgage

Map preview of 1208 Smithwood Dr, Los Angeles, CA 90035

Property Overview: 1208 Smithwood Dr Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,786 living square feet and 6,497 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present The Smithwood. Designed by renowned architect Arthur W Hawes, The Smithwood is a well preserved, French Normandy gem on a quiet, tree lined street. The unit mix consists of (2) 2+1 units & (2) 2+1.5 townhome units, there is a common area courtyard/front yard, and there are individual garages for each residence. Located one block W of Beverly Drive, between Pico & Olympic Boulevards, The Smithwood offers its residents a uniquely attractive, walk anywhere location, mere steps to many of Beverly Hills and surrounding area shops, restaurants and grocery stores. The Smithwoods unique architectural charm & character provides its residents with a sense of pride, in a warm, secure setting. This is a rare opportunity to own a one of a kind, pride of ownership asset in an ULTRA-PRIME location.

Listed by Glenn Brander | BRE #01020228 | Miller & Desatnik Realty Co.
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
6,497
HOA Dues
$0/mo
Year built
1935
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21728250
City
Los Angeles
County
Los Angeles
Time on Site
1093 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $3,095
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,957
  • Total Rent: $1,957
  • Pro Forma/Market Rent: $3,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,318
  • Total Rent: $2,318
  • Pro Forma/Market Rent: $3,095
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 23.47
  • Gross Scheduled Income: --
  • Net Operating Income: $63,642
  • Gross Operating Income: $115,521
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1208 Smithwood Dr

Interior Features
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 4
  • Parcel Number: 4330026040
Location / Neighborhood
Location Information
  • Directions: South Of Olympic Blvd, West Of Beverly Dr
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Sale History for 1208 Smithwood Dr

Last sold for $2,600,000 on August 20th, 2021
  • August, 2021

  • Aug 23, 2021

    Date

    Sold

    CRMLS: 21728250

    $2,600,000

    Price

  • Jul 6, 2021

    Date

    Active Under Contract

    CRMLS: 21728250

    $2,795,000

    Price

  • May 6, 2021

    Date

    Active

    CRMLS: 21728250

    $2,795,000

    Price

  • July, 1994

  • Jul 1, 1994

    Date

    Sold (Public Records)

    Public Records

    $512,545

    Price

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Tax History for 1208 Smithwood Dr

Assessed Value (2020): $787,119
Year Land Value Improved Value Assessed Value
2020 $529,871 $257,248 $787,119

Home Value Compared to the Market

This property vs the competition

1208 Smithwood Dr sold on August 20, 2021 for 134.87% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $583.99 per/sqft which puts the price per square foot 22.65% lower than the current median sale per square foot for the city of Los Angeles.

About 1208 Smithwood Dr

Detailed summary of property

1208 Smithwood Dr is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 4,786 living square feet, and sits on an approximately 6,497 square foot lot. 1208 Smithwood Dr was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,600,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 134.87% higher than the current median priced home. Local homes that are currently for sale include 6511 Orange St, 1263 Devon Ave and 126 S Kings Rd. While the average home in Los Angeles, CA is selling in 93 days, 1208 Smithwood Dr has a days on market of 57 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1208 Smithwood Dr Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1208 Smithwood Dr

Public county record property details
Beds
8
Baths
5
Year built
1935
Sq. Ft.
4,786
Lot Size
6,496
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
405,420
APN
4330-026-040

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
56
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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Related Resources to 1208 Smithwood Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.