NOT LISTED FOR SALE

Estimated Value: $1,234,000 - $5,783,000

5 Beds
6 Baths
6,600 Sq Ft
0.75 Acres

Last Sold September 17, 2021

Last sale price $5,500,000 $833 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $27,634/month

Highlights

  • Concierge
  • Ocean View
  • 24-Hour Security
  • Warner Avenue Elementary Rated A
  • Fitness Center
  • In Ground Pool

About This Home

As of May 2024

Spanning over 12,000 square feet of both outdoor and indoor space, the Penthouse residence occupies the entire top floor of the iconic Wilshire Grand, and also showcases one of the largest rooftop terraces in Los Angeles. Featuring a remarkable 5,540 square feet of open air, outdoor entertaining space, along with five bedrooms, six bathrooms and beautifully curated, contemporary interiors with a direct, triple elevator entry. Ensuring consummate privacy with 24/7 security, this tranquil haven sits high in the sky wrapped in seamless glass, perfectly framing unparalleled 360-degree panoramic views of Los Angeles including the iconic Hollywood Sign, Downtown city skyline, Pacific ocean and beyond. The interiors are bathed in soft, natural light and thoughtfully balances quiet bedroom retreats and expansive entertaining spaces. Impeccable craftsmanship is evident throughout Villa del Cielo, with hand-painted Lime-washed walls rich with texture, along with meticulously selected materials like Roman Travertine stone floors and walls in all bathrooms, Gaggenau kitchen appliances, Sonance stereo system, Articolo lighting fixtures, and wide plank 10 European white oak flooring. The luxuriously appointed primary bathroom features a custom sculptural stone soaking tub, while the brushed bronze Hansgrohe AXOR Citterio fittings add a touch of elegance.The outdoors spaces are truly one-of-one, with a massive rooftop terrace deck adorned with brand new Brazilian Ipe decking and equipped with an outdoor fireplace and clubhouse, with full bar and bathroom. Located within a prestigious building offering 24-hour lobby staff, concierge services, valet parking, the penthouse also has access to the building's top-of-the-line fitness center, pool, and private event room. With 3 parking spots, around the clock security, this property combines luxurious convenience and peace of mind.

Last Agent to Rent the Property

Bachir Oueida

Douglas Elliman License #00936311 Listed on: 03/15/2024

Douglas Elliman

Co-Listed By

Flor Hernandez

Douglas Elliman License #01961788

Last Renter's Agent

Angel Salvador

The Beverly Hills Estates License #01794155

The Beverly Hills Estates

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $69,023

Year Built

  • Built in 1983

Lot Details

  • 0.75

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Hills
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,600 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Covered Spaces
  • Gated Parking
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $75,000
  • Tenant pays for move in fee, move out fee, electricity, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 4360-029-249

Community Details

Amenities

  • Concierge
  • Valet Parking
  • Meeting Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security

Condo Details

Home Type

Condominium

Est. Annual Taxes

$69,023

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Security Deposit: 75000
  • Tenant Pays: Move In Fee, Move Out Fee, Electricity, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Elevator
  • Lease Terms: 1+Year
  • Living Area: 6600
  • Lot Acreage: 0.7539
  • Monthto Month: No
  • Year Built: 1983
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Amenities: Bar, Built-Ins
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Marble, Stone, Travertine
  • Appliances: Microwave, Oven, Cooktop - Electric
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Island, Pantry, Gourmet Kitchen
  • Laundry: Room, In Unit
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Elevator, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 11.36

Exterior Features

  • Patio: Balcony, Roof Top Deck
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights, Green Belt, Hills, Ocean, Panoramic, Coastline
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Valet, Parking for Guests - Onsite, Gated
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Concierge, Elevator, Fitness Center, Spa, Pool, Conference, Gated Parking, Valet Parking, Security
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4360-029-249
  • Lot Size Area: 32839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Hudson Hart Investment Llc and Miami Beach Real Estate Portfolio Llc
Bought by
San Marino Investment Llc
Current Estimated Value
$4,047,223

Purchase Details

Closed on
Mar 19, 2024
Sold by
San Marino Investment Llc
Bought by
Hudson Hart Investment Llc and Miami Beach Real Estate Portfolio Llc

Purchase Details

Closed on
Dec 7, 2022
Sold by
San Marino Investment Llc
Bought by
San Marino Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 11, 2021
Sold by
Hoffman Judith and Hoffman Judith Separate
Bought by
San Marino Investments Llc
Seller's Agent
Ben Belack
The Agency
Buyer's Agent
Ben Belack
The Agency
List Price
$6,498,000
Sold Price
$5,500,000
Premium/Discount to List
-$998,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.28%
Original Mortgage
$3,575,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Hoffman Judith
Bought by
Hoffman Judith

Purchase Details

Closed on
Feb 2, 2004
Sold by
Hoffman Leslie
Bought by
Hoffman Judith

Purchase Details

Closed on
Jun 20, 2001
Sold by
The Grand At Wilshire Llc
Bought by
Hoffman Leslie and Hoffman Judith
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
San Marino Investment Llc -- None Listed On Document
Hudson Hart Investment Llc -- None Listed On Document
San Marino Investment Llc -- Stewart Title Of California In
San Marino Investments Llc $5,500,000 Fidelity National Title Co
Hoffman Judith -- None Available
Hoffman Judith -- --
Hoffman Leslie $2,550,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open San Marino Investment Llc $750,000
Previous Owner San Marino Investment Llc $1,500,000
Previous Owner San Marino Investment Llc $250,000
Previous Owner San Marino Investments Llc $500,000
Previous Owner San Marino Investments Llc $3,575,000
Previous Owner Hoffman Leslie $1,000,000
Previous Owner Hoffman Leslie $1,100,000
Previous Owner Hoffman Leslie $1,500,000
Previous Owner Hoffman Leslie $1,100,000
Previous Owner Hoffman Leslie $950,000
Previous Owner Hoffman Leslie $1,852,500
Closed Hoffman Leslie $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Rented $65,000 -13.3% --
05/23/2024 05/23/24 Under Contract -- -- --
03/15/2024 03/15/24 For Rent $75,000 0.0% --
09/17/2021 09/17/21 Sold $5,500,000 -15.4% $1,088 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $6,498,000 -- $1,285 / 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 $69,023 $5,836,643 $1,273,449 $4,563,194
2024 $69,023 $5,722,200 $1,248,480 $4,473,720
2023 $67,664 $5,610,000 $1,224,000 $4,386,000
2022 $64,476 $5,500,000 $1,200,000 $4,300,000
2021 $41,150 $3,480,236 $2,456,642 $1,023,594
2019 $39,900 $3,377,013 $2,383,778 $993,235
2018 $39,837 $3,310,798 $2,337,038 $973,760
2016 $38,092 $3,182,238 $2,246,289 $935,949
2015 $37,527 $3,134,439 $2,212,548 $921,891
2014 $37,623 $3,073,041 $2,169,208 $903,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-368921

The MLS

APN: 4360-029-249