NOT LISTED FOR SALE

1001 Rivas Canyon Rd Los Angeles, CA 90272

Estimated Value: $5,732,000 - $13,440,589

7 Beds
10.5 Baths
9,758 Sq Ft
$993/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $14,044,000 $1,439 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $64,236/month

21 Days on Market

Highlights

  • Guest House
  • Art Studio
  • Sauna
  • Barn or Stable
  • Pool House
  • 3.31 Acre Lot

About This Home

As of July 2024

Set on a private cul-de-sac, this Equestrian estate is sited on an expansive 3.3 acre lot hidden in the heart of the Pacific Palisades. This historic compound boasts five distinct structures: A vast single story main house, staff house, pool house, stables converted into a state-of-the-art home gym and a newly constructed two story guest house. Expanded by the current owners and re-imagined by world class interior designer Michael S. Smith, this property possesses understated elegance & charm, complimenting the rustic setting with its park-like grounds, magical gardens & meandering pathways. This estate is perfect for equestrian lovers who wish to keep their beloved horses close to home. The main house features an enchanting country style kitchen, an inviting and romantic dining room, and a master retreat with a light and bright spa-inspired bath and tranquil patio. Embedded in the serene landscape is a vast, sparkling pool accompanied by a pool house and spa creating the perfect sanctuary. Main House is 4 bedrooms & 5 baths 6,250 SF, Pool House includes spa bathroom 1,031 SF, Staff House is 1 bed & 1 Bath 446 SF, Guest house is 2 stories each with a 1 bedroom & 1 bathroom 1,244 SF, Gym (converted stables) is approx 800 SF.

Last Agent to Sell the Property

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934 Listed on: 05/17/2024

Co-Listed By

Elizabeth Gottainer

Christie's International Real Estate SoCal License #01414239

Last Buyer's Agent

F. Ron Smith

Compass License #00961954

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138,387

Year Built

  • Built in 1935

Lot Details

  • 3.31 Acre Lot
  • Property is zoned LARE40

Parking

  • 6 Car Garage
  • 10 Open Parking Spaces
  • Auto Driveway Gate
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 9,758 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Loft
  • Art Studio
  • Sauna
  • Home Gym
  • Wood Flooring
  • Canyon Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Washer

Home Security

  • Intercom
  • Alarm System

Pool

  • Pool House
  • In Ground Pool
  • In Ground Spa

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Barn or Stable

Additional Features

  • Outdoor Grill
  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4409-005-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$138,387

Year Built

Built in 1935

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two, One
  • Street Number Display: Yes
  • Living Area: 9758
  • Lot Acreage: 3.3136
  • Stories: 1
  • Year Built: 1935
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Library
  • Flooring: Hardwood
  • Bedrooms: 7
  • Full Bathroom: 9
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 11.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Refrigerator, Range/Oven, Freezer, Garbage Disposal, Gas Dryer Hookup, Intercom, Microwave, Hood Fan, Washer
  • Price Per S Q F T: 1536.69

Exterior Features

  • Other Structures: GuestHouse, Pool House, Barn/Stable
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 10
  • Covered Parking: 6
  • Parking Garage: Driveway, Driveway Gate, Garage
  • Total Parking: 16

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 4409-005-031
  • Lot Size Area: 144183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 10, 2024
Sold by
Jason G Weiss Revocable Trust and Weiss Jason G
Bought by
Branscome Kimberly
Seller's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
Buyer's Agent
F. Ron Smith
Compass
List Price
$14,995,000
Sold Price
$14,044,000
Premium/Discount to List
-$951,000
-6.34%
Total Days on Market
21
Views
89
Current Estimated Value
$9,691,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,352,470
Avg. Annual Appreciation
-29.65%
Original Mortgage
$9,830,800
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Branscome Kimberly $14,044,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branscome Kimberly Olvey $600,000
Open Branscome Kimberly $9,830,800
Closed Branscome Kimberly $9,830,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $14,044,000 -6.3% $1,439 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $14,995,000 -- $1,537 / 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
2025 $138,387 $7,800,000 $7,800,000 --
2024 $138,387 $11,450,623 $10,623,135 $827,488
2023 $135,668 $11,226,102 $10,414,839 $811,263
2022 $129,296 $11,005,983 $10,210,627 $795,356
2021 $127,773 $10,790,180 $10,010,419 $779,761
2019 $122,960 $10,300,276 $9,713,505 $586,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-389809

The MLS

APN: 4409-005-031