NOT LISTED FOR SALE

1030 Rivas Canyon Rd Los Angeles, CA 90272

Estimated Value: $5,967,000 - $8,520,841

4 Beds
4.5 Baths
4,140 Sq Ft
$1,749/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $9,025,000 $2,180 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $49,168/month

20 Days on Market

Highlights

  • In Ground Pool
  • 1.46 Acre Lot
  • Family Room with Fireplace
  • View of Trees or Woods
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of October 2022

Never before on the market. This extraordinary example of mid-century modern architecture awaits the discerning buyer. The property comprises ~1.4A up a secluded driveway on a private road in prime Pacific Palisades. From 1958-1960, renowned architects Karl Klokke and Paul Wuesthoff designed and built this home as an avant-garde residence for a prominent local family. Sited on the lot to capture the beauty of the gardens and majestic trees, every room opens to a beautiful green private oasis. Floor to ceiling windows, sliding glass doors, post and beam design, flat roof and large overhangs define this one story masterpiece of indoor outdoor California living. Serenely private, the outside sitting and dining areas surround the magical pool, spa and rose garden. From the front door, a long gallery hall leads to a sunken living room with a cement floor, stone fireplace and walls of glass, continuing to the simple yet elegant dining room, with built-in cabinets and a modernist bar. The open plan kitchen seamlessly shares space with the family room with half walls and brick fireplace. Two separate bedroom wings allow simple functionality; three bedrooms on one side of the house and the primary suite on the other. The primary suite has a large bedroom, separate office, a zen meditation and massage room, two baths and a small kitchen. A bonus exterior studio/workout room is adjacent to the carport, the fruit orchard and orchid house. Original plans available. Trust sale. See Agent Remarks. First time offers will be reviewed is on August 2nd. No open houses, all showings by appointment only.

Last Agent to Sell the Property

Liz Jones

Compass License #02096223 Listed on: 07/19/2022

Compass

Co-Listed By

Fran Flanagan

Compass License #00413825

Last Buyer's Agent

Lauren Ravitz

Berkshire Hathaway HomeServices California Properties License #01352397

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,088

Year Built

  • Built in 1960

Lot Details

  • 1.46 Acre Lot
  • Property is zoned LARE40

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 4,140 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Views of Woods
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Carport Spaces
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4409-005-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,088

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Exclusions: All Potted Plants
  • Living Area: 4140
  • Lot Acreage: 1.4588
  • Stories: 1
  • Year Built: 1960
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dishwasher, Range/Oven, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 1931.16

Exterior Features

  • Other Structures: Shed(s)
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Carport, Driveway
  • Total Parking: 5

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4409-005-009
  • Lot Size Area: 63547

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 12, 2022
Sold by
Melvin And Marian Mandel Family Trust
Bought by
Brecker Family Trust
Seller's Agent
Liz Jones
Compass
Buyer's Agent
Lauren Ravitz
Berkshire Hathaway HomeServices California Properties
List Price
$7,995,000
Sold Price
$9,025,000
Premium/Discount to List
$1,030,000
12.88%
Views
18
Current Estimated Value
$7,289,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,735,386
Avg. Annual Appreciation
-7.41%
Original Mortgage
$5,866,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2005
Sold by
Mandel Melvin and Mandel Marian
Bought by
Mandel Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Brecker Family Trust $9,025,000 Equity Title
Mandel Melvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brecker Family Trust $2,500,000
Previous Owner Brecker Family Trust $5,866,250
Previous Owner Mandel Melvin $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $9,025,000 +12.9% $2,180 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $7,995,000 -- $1,931 / 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 $111,088 $9,389,610 $6,554,520 $2,835,090
2024 $111,088 $9,205,500 $6,426,000 $2,779,500
2023 $108,901 $9,025,000 $6,300,000 $2,725,000
2022 $25,542 $2,685,105 $1,680,723 $1,004,382
2021 $31,557 $2,632,457 $1,647,768 $984,689
2019 $66,373 $5,600,000 $3,700,000 $1,900,000
2018 $5,778 $448,726 $164,801 $283,925
2016 $5,492 $431,302 $158,402 $272,900
2015 $5,415 $424,824 $156,023 $268,801
2014 $5,468 $416,503 $152,967 $263,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-180561

The MLS

APN: 4409-005-009