NOT LISTED FOR SALE

Estimated Value: $6,980,000 - $10,696,643

4 Beds
6 Baths
8,163 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $10,000,000 $1,225 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $57,766/month

146 Days on Market

Highlights

  • On Golf Course
  • Wine Cellar
  • Gourmet Kitchen
  • Third Street Elementary School Rated A
  • Heated In Ground Pool
  • Auto Driveway Gate

About This Home

As of August 2021

Celebrated architect Wallace Neff's final residential triumph sited on the 9th fairway of Wilshire Country Club in Hancock Park. Timeless neoclassic design joins contemporary styling for a home originally created for the Chandler family of LA Times fortune & influence. The estates innate grandeur is meticulously preserved including original hand-carved crown moldings, imposing entrance columns with roof line balustrade complement, marble portico, awe-inspiring foyer w/ 30 ceilings and herringbone wood floors throughout. Imported door & window fixtures from Paris - as the mansion was inspired by Louis XVs Chateau de Louveciennes there. Recently installed new design elements echo Neff's original vision yet bring current technology & comforts to the forefront. Landscape design by Art Luna, gated motor court plus 7 car Garage, captivating views and boundless imagination support the experience of living in the capture of this rare residence.

Last Agent to Sell the Property

Amy Davis

Douglas Elliman License #01364745 Listed on: 02/25/2021

Co-Listed By

Ernie Carswell

Sotheby's International Realty License #01111566

Last Buyer's Agent

Fred Holley

Core Real Estate Group License #01249468

Core Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125,760

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x202
  • On Golf Course
  • West Facing Home
  • Privacy Fence
  • Fenced
  • Landscaped
  • Back Yard
  • Property is zoned LARE11

Parking

  • 7 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Circular Driveway
  • Auto Driveway Gate
  • Guest Parking

Home Design

  • Flat Roof Shape
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 8,163 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Wired For Sound
  • Crown Molding
  • Wainscoting
  • Two Story Ceilings
  • Recessed Lighting
  • Custom Window Coverings
  • Window Screens
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Storage
  • Utility Room
  • Center Hall
  • Golf Course Views
  • Basement

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Double Oven
  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Multi-Tank Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5515-010-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$125,760

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 8163
  • Lot Acreage: 0.4624
  • Lot Dimensions: 100x202
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1960
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 220V Throughout, Crown Moldings, Drywall Walls, Elevator, High Ceilings (9 Feet+), Home Automation System, Recessed Lighting, Pre-wired for surround sound, Storage Space, Wainscotting, Two Story Ceilings, Wet Bar
  • Fireplace Rooms: Library, Living Room, Master Retreat
  • Flooring: Hardwood, Marble, Stone Tile
  • Appliances: Built-In Gas, Double Oven, Gas, Oven-Gas, Range, Range Hood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Bedroom Features: All Bedrooms Up, Dressing Area, Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Formal Dining Rm, Kitchen Island, Family Room
  • Kitchen Features: Gourmet Kitchen, Island, Marble Counters, Open to Family Room, Remodeled
  • Laundry: Room, On Upper Level
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Dishwasher, Elevator, Garbage Disposal, Range/Oven, Alarm System, Cable, Dryer, Hood Fan, Microwave, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 1329.17
  • Windows: Screens, Custom Window Covering, French Windows

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), French Doors, Full Copper Plumbing
  • Other Structures: None
  • Fence: Privacy
  • Patio: Balcony, Covered, Covered Porch, Porch - Rear
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Roof: Flat
  • Spa Yn: No
  • View: Golf Course
  • View: Yes

Garage/Parking

  • Garage Spaces: 7
  • Other Spaces: 5
  • Covered Parking: 7
  • Parking Garage: Direct Entrance, Subterranean, Circular Driveway, Driveway Gate, Garage - 4+ Car, Gated Underground, Parking for Guests
  • Total Parking: 12

Utilities

  • Volt 220: 220V Throughout
  • Water Heater: Multi-Tank, Water Heater Unit, Instant Hot Water
  • Cooling: Central, Multi/Zone
  • Heating: Central, Fireplace, Zoned
  • Security: Automatic Gate, Smoke Detector, Prewired for alarm system, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5515-010-005
  • Lot Description: Automatic Gate, Landscaped, Back Yard, Fenced
  • Lot Location: On Golf Course
  • Lot Size Area: 20143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jul 20, 2021
Sold by
Moran Patrick Kenneth
Bought by
Peterson Robert Reed
Seller's Agent
Amy Davis
Douglas Elliman
Buyer's Agent
Fred Holley
Core Real Estate Group
List Price
$12,375,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,375,000
-19.19%
Current Estimated Value
$8,875,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,124,786
Avg. Annual Appreciation
-2.15%
Original Mortgage
$7,000,000
Outstanding Balance
$6,364,738
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,781,047

Purchase Details

Closed on
Apr 23, 2019
Sold by
Patrick Moran Living Trust
Bought by
Patrick K Moran Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 3, 2016
Sold by
Lenore Gantt Chandler Trust
Bought by
Moran Patrick M
Seller's Agent
Andrea Cope
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Andrea Cope
Berkshire Hathaway HomeServices California Properties
List Price
$5,950,000
Sold Price
$5,750,000
Premium/Discount to List
-$200,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$4,025,000
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Peterson Robert Reed $10,000,000 Equity Title Company
Patrick K Moran Living Trust -- First American Title
Moran Patrick M $5,750,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Robert Reed $7,000,000
Previous Owner Moran Patrick Kenneth $4,750,000
Previous Owner Patrick K Moran Living Trust $1,000,000
Previous Owner Augustine Michael R $4,025,000
Previous Owner Moran Patrick M $4,025,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $10,000,000 -7.8% $1,225 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $10,850,000 -12.3% $1,329 / Sq Ft
02/25/2021 02/25/21 For Sale $12,375,000 +115.2% $1,516 / Sq Ft
11/01/2016 11/01/16 Sold $5,750,000 -3.4% $704 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $5,950,000 -- $729 / 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 $125,760 $10,612,080 $9,020,268 $1,591,812
2024 $125,760 $10,404,000 $8,843,400 $1,560,600
2023 $123,286 $10,200,000 $8,670,000 $1,530,000
2022 $117,491 $10,000,000 $8,500,000 $1,500,000
2021 $73,933 $6,216,690 $4,288,808 $1,927,882
2020 $74,709 $6,152,946 $4,244,832 $1,908,114
2019 $71,408 $6,007,300 $4,161,600 $1,845,700
2018 $70,885 $5,865,000 $4,080,000 $1,785,000
2016 $8,753 $689,861 $118,240 $571,621
2015 $8,631 $679,499 $116,464 $563,035
2014 $8,668 $666,189 $114,183 $552,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-697514

The MLS

APN: 5515-010-005