NOT LISTED FOR SALE

Estimated Value: $3,729,000 - $4,849,000

3 Beds
3 Baths
2,363 Sq Ft
$1,741/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $3,750,000 $1,587 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $25,220/month

12 Days on Market

Highlights

  • Cabana
  • Solar Power System
  • Canyon View
  • Warner Avenue Elementary Rated A
  • 1.2 Acre Lot
  • No HOA

About This Home

As of July 2020

Enjoy total privacy and peace in this gated estate on one acre of land, 5 min away from the Beverly Hills Hotel and neighboring $30-50M properties. The property, named Falcon Lodge by Hollywood icon Rudolph Valentino, formed part of the original Falcon Lair estate, it was then purchased by tobacco heiress and style icon Doris Duke, which converted it into an exquisite garden and pool pavillon. The current owner fully restored and upgraded the property to modern living standards, while preserving all the unique old Hollywood features of the original estate. A beautiful lap pool and a private hiking trail make this property the ultimate jewel box. Motivated seller.

Last Agent to Sell the Property

Davide Giardino

Rodeo Realty License #02052382 Listed on: 05/31/2020

Rodeo Realty

Last Buyer's Agent

Jamie Sher

The Sher Group License #01362370

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 1.2 Acre Lot
  • Gated Home
  • Historic Home
  • Property is zoned LARE40

Parking

  • Attached Garage

Interior Spaces

  • 1-Story Property
  • Bar
  • Gas Fireplace
  • Dining Area
  • Tile Flooring
  • Canyon Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dressing Area
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Pool

  • Cabana
  • Lap Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Gazebo

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4357-008-005

Home Details

Home Type

Single Family

Year Built

Built in 1926 | Remodeled

Lot Details

1.2 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Lot Acreage: 1.1957
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood
  • Flooring: Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Kitchen Island, Breakfast Area
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Solar Panels, Washer

Exterior Features

  • Other Features: Historical
  • Other Structures: Gazebo
  • Pool Description: Lap Pool
  • Pool: Yes
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Attached

Utilities

  • Cooling: Air Conditioning
  • Heating: Radiant, Forced Air
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4357-008-005
  • Geocode Override: No
  • Lot Size Area: 52085

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Jun 15, 2020
Sold by
Schwartz John Stephen
Bought by
Cielo Dr Llc
Seller's Agent
Davide Giardino
Rodeo Realty
Buyer's Agent
Jamie Sher
The Sher Group
List Price
$3,950,000
Sold Price
$3,750,000
Premium/Discount to List
-$200,000
-5.06%
Current Estimated Value
$4,113,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,727
Avg. Annual Appreciation
1.67%

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 25, 2017
Sold by
Lands Geoffrey C
Bought by
Schwartz John Stephen
Seller's Agent
Yvette Busot
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Duncan Cory
eXp Realty of California Inc
List Price
$4,950,000
Sold Price
$4,524,880
Premium/Discount to List
-$425,120
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.27%
Original Mortgage
$4,524,880
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2004
Sold by
Lands Robin Maguire
Bought by
Lands Geoffrey C

Purchase Details

Closed on
Mar 13, 2003
Sold by
Ross Donald Fischer and The 1986 Donald Fischer Ross T
Bought by
Lands Geoffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,500
Interest Rate
4.87%

Purchase Details

Closed on
Jul 9, 2002
Sold by
Jansen Susan Estelle
Bought by
Ross Donald Fischer and 1986 Donald Fischer Ross Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.5%

Purchase Details

Closed on
May 20, 2002
Sold by
Jansen Robert W and Jansen Shirley
Bought by
Jansen Susan Estelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.5%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Shaner Peter Albert
Bought by
Jansen Susan Estelle

Purchase Details

Closed on
Feb 8, 1995
Sold by
Prudential Home Mtg Co Inc
Bought by
Shaner Ii Peter Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
9.03%

Purchase Details

Closed on
Oct 3, 1994
Sold by
Pacula Joanna and The Prudential Home Mtg Compan
Bought by
The Prudential Home Mtg Company Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cielo Dr Llc $3,750,000 Progressive Title Company
Schwartz John Stephen $4,525,000 Lawyers Title Company
Lands Geoffrey C -- --
Lands Geoffrey C $1,080,000 Equity Title Company
Ross Donald Fischer $900,000 Chicago Title
Jansen Susan Estelle -- Chicago Title Co
Jansen Susan Estelle -- --
Shaner Ii Peter Albert $590,000 Old Republic Title
The Prudential Home Mtg Company Inc $540,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz John Stephen $4,524,880
Previous Owner Lands Geoffrey C $772,500
Previous Owner Ross Donald Fischer $600,000
Previous Owner Shaner Ii Peter Albert $456,000
Closed Shaner Ii Peter Albert $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2020 07/15/20 Sold $3,750,000 -5.1% $1,587 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $3,950,000 -12.7% $1,672 / Sq Ft
08/22/2017 08/22/17 Sold $4,524,880 -8.6% $1,732 / Sq Ft View Prior Sale
07/23/2017 07/23/17 For Sale $4,950,000 +9.4% $1,894 / Sq Ft
07/22/2017 07/22/17 Off Market $4,524,880 -- --
06/23/2017 06/23/17 For Sale $4,950,000 0.0% $1,894 / Sq Ft
10/14/2012 10/14/12 Rented $12,000 -4.0% --
10/14/2012 10/14/12 Under Contract -- -- --
08/21/2012 08/21/12 For Rent $12,500 -- --
Source: The MLS

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 $48,336 $4,059,120 $3,247,296 $811,824
2024 $48,336 $3,979,530 $3,183,624 $795,906
2023 $47,392 $3,901,500 $3,121,200 $780,300
2022 $45,201 $3,825,000 $3,060,000 $765,000
2021 $44,669 $3,750,000 $3,000,000 $750,000
2020 $56,942 $4,707,684 $3,121,200 $1,586,484
2019 $54,643 $4,615,377 $3,060,000 $1,555,377
2018 $54,473 $4,524,880 $3,000,000 $1,524,880
2016 $16,116 $1,321,333 $1,057,071 $264,262
2015 $15,881 $1,301,486 $1,041,193 $260,293
2014 $15,953 $1,275,993 $1,020,798 $255,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-575710

The MLS

APN: 4357-008-005

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