20037 Observation Drive

Topanga, CA 90290

$1,350,000
Last Sold Price
2
Beds
2
Baths
1,800 Sq. Ft.
$750 / Sq. Ft.
1,800
Sq. Ft.
$750
per Sq. Ft.

Description

Project Observation is a great fixer opportunity in the center of Topanga Canyon. Privately tucked back in the hillside on close to an acre of land in the highly desirable climate perfect Fernwood area with multiple rustic accessory buildings throughout: a main house, an office, a yurt, a cabin, a studio, a trailer and multiple storage areas. The comfortable main-house has 2 bedrooms and 2 bathrooms with an inviting open floor plan which expands to big private decks and a large flagstone courtyard....Project Observation is a great fixer opportunity in the center of Topanga Canyon. Privately tucked back in the hillside on close to an acre of land in the highly desirable climate perfect Fernwood area with multiple rustic accessory buildings throughout: a main house, an office, a yurt, a cabin, a studio, a trailer and multiple storage areas. The comfortable main-house has 2 bedrooms and 2 bathrooms with an inviting open floor plan which expands to big private decks and a large flagstone courtyard. Complete with a safe fire pit and raised bed gardens. Turn this into the perfect outdoor bbq area for friends and family... Meander through the natural pathways up to the large perched hillside yurt that once was used by Robert Downey Jr for his spiritual healing work. Or disappear up the rock ledge staircase which opens to a studio and a cabin with beautiful cross canyon views. This property has tons of potential and comes with plenty to work on. Live in the main house comfortably while you sort through the labors of love this land desperately needs. Notice of violation on title. Seller will carry (ask la for details). Property sold "AS IS". Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions / features of the Property. Do not disturb occupants. Call LA for a showing.
  1. Listed by Chantal von Wetter • DRE #01400450 • Brokerage DRE #00952565 • Topanga Properties

Property Details for 20037 Observation Drive

Water Front
None
Zoning
LCR110
Style
Bungalow
Accessibility Features
None
Parcel Number
4447031001
Living Area
1800
Source Living Area
Owner
Area
Topanga (TOP)

Location

Listing Courtesy of Topanga Properties, Chantal von Wetter, DRE #01400450

Sold By Topanga Properties, Chantal von Wetter, DRE #01400450

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LISTING UPDATED: 07/25/2022 12:06 PM

Property Details for 20037 Observation Drive

StatusSold
MLS #22-157747
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1935
Lot Size0.85 AC / 36,824 SF
CountyLos Angeles County

Location

Listing Courtesy of Topanga Properties, Chantal von Wetter, DRE #01400450

Sold By Topanga Properties, Chantal von Wetter, DRE #01400450

Add your commute

Building Information for 20037 Observation Drive

Stories1Year Built1935Building Size-Lot Size0.85 AC / 36,824 SF

Payment Calculator

$7,927 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20037 Observation Drive

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • View: Yes
  • View Description: Canyon
  • View: Canyon
  • Guest House: Detached
  • Security Features: None
  • Direction Faces: North
  • Property Condition: Fixer, Repair Cosmetic
  • Water: District
  • Sewer: Septic Tank
  • Water Heater Features: Propane
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Financing: Cash, Owner May Carry
  • Disclosures: As Is, Coastal Zone
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Special Zoning: Coastal Commission
  • Additional Parcel Number: Yes
  • Lot Acreage: 0.85
  • Lot Size Square Feet: 36824
  • Lot Description: 2-4 Lots, Automatic Gate, Fenced, Street Asphalt, Storm Drains
  • Lot Location: Canyon
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 6
  • Covered Parking: 0
  • Open Other Spaces Total: 6
  • Garage Spaces Total: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Room Type: Bonus Room, Art Studio, Walk-In Closet, Living Room, Loft, Master Bathroom, Converted Bedroom
  • Rooms: Den/Office, Bonus Room, Art Studio, Walk-In Closet, Studio, Separate Family Room, Living Room, Loft, Master Bedroom, Converted Bedroom
  • Levels: Ground Level
  • Fireplace: Yes
  • Fireplaces: 1
  • Fireplace Features: Wood Burning
  • Fireplace Rooms: Wood Burning
  • Den: Yes
  • Family Room: 1
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: None
  • Cooling Type: None
  • Heating: Fireplace(s)
  • Heating Type: Fireplace
  • Flooring: Hardwood, Stone Tile
  • Equipment: Ceiling Fan, Propane Dryer Hookup
  • Interior Features: Drywall Walls
  • Room Kitchen Features: Kitchen Open to Family Room
  • Kitchen Features: Open to Family Room
  • Room Bathroom Features: Tile Counters
  • Bathroom Features: Steam Shower, Tile
  • Bedroom Features: Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Propane, Oven, Cooktop - Gas
  • Laundry: Outside
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Fence: Chain Link
  • Patio Features: Covered Porch, Living Room Deck Attached
  • Entry Location: Living Room
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 05-17-2022
  • Listing Terms: Cash, Owner May Carry

Property History for 20037 Observation Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20037 Observation Drive

Taxable ValueLand$500,000Additions$50,000Total$550,000
Tax Record2023$6,708 ($559 / month)
Home Facts
Beds0Lot Size17,290 SqFtStyleSingle Family ResidenceZoningLCR110CountyLOS ANGELESAPN4447-031-001

Schools near 20037 Observation Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Charter - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Topanga Elementary Charter
CharterK to 5

Woodland Hills Charter Academy
Public6 to 8

Paul Revere Middle School
Charter6 to 8

Taft Charter High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Topanga Properties, Chantal von Wetter, DRE #01400450

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.