NOT LISTED FOR SALE

10513 Rocca Place Los Angeles, CA 90077

Bel Air Neighborhood

Estimated Value: $1,851,000 - $12,811,420

1.9 Acres
$3,325,916 Price per Acre
82,671 Sq Ft Lot

Last Sold October 07, 2015

Last sale price $8,000,000

Est. 10% decrease in value since last sale

Current estimated payment $49,453/month

42 Days on Market

Highlights

  • Ocean View
  • Warner Avenue Elementary Rated A
  • 82,671 Sq Ft lot

About This Lot

As of October 2015

Incredible development opportunity to build a private estate in an excellent location in Bel Air. Off of Stone Canyon and one stop sign past the Bel Air hotel, the property is at the end of a private gated street with an unobstructed view of the Wilshire corridor and the ocean behind. The property is just over 90,000sqft, the current flat pad is approximately 18k/sqft with the ability to build an estate with all the elements needed to make this an incredible deal for a developer or an amazing property for an owner/user to build for themselves.

Last Agent to Sell the Property

Jon Hamner

The Agency License #01493524 Listed on: 07/13/2015

Last Buyer's Agent

Ari Shram

The Agency License #01863613

The Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $120,633

Lot Details

  • 1.9 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • City Lights
  • Canyon

Listing and Financial Details

  • Assessor Parcel Number 4370-022-018

Property Details

Property Type

Land

Est. Annual Taxes

$120,633

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, City, City Lights, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4370-022-018
  • Geocode Override: No
  • Lot Size Area: 82671

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Sep 1, 2015
Sold by
Gbp Partners Llc
Bought by
10513 Rocca Llc
Seller's Agent
Jon Hamner
The Agency
Buyer's Agent
Ari Shram
The Agency
List Price
$7,500,000
Sold Price
$8,000,000
Premium/Discount to List
$500,000
6.67%
Current Estimated Value
$7,231,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$768,996
Avg. Annual Appreciation
-0.58%
Original Mortgage
$3,500,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2009
Sold by
Grosfeld Jason
Bought by
Grosfeld Bellaire Properties Partners Ll

Purchase Details

Closed on
Jun 12, 2007
Sold by
Ecp Acquisitions Llc
Bought by
Grosfeld Jason

Purchase Details

Closed on
Jul 11, 2005
Sold by
Tortuoso Corp
Bought by
Ecp Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Sumner Doris K and Sumner James D
Bought by
Tortuoso Corp

Purchase Details

Closed on
Jan 9, 1998
Sold by
Jr Trust Sumner James D Jr Tr James D Sumn
Bought by
Sumner Doris K and Sumner James D

Purchase Details

Closed on
Jul 22, 1997
Sold by
Sumner James D and Sumner Doris K
Bought by
Sumner James D and The James D Sumner Jr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.5%

Purchase Details

Closed on
Jul 15, 1997
Sold by
Jr Trust Sumner James D Jr Tr James D Sumn
Bought by
Sumner James D and Sumner Doris K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.5%
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
10513 Rocca Llc $8,000,000 Fidelity National Title
Grosfeld Bellaire Properties Partners Ll -- None Available
Grosfeld Jason -- Chicago Title Co
Grosfeld Jason -- Chicago Title Co
Ecp Acquisitions Llc -- Commonwealth Title
Tortuoso Corp -- North American Title Co
Sumner Doris K -- --
Sumner James D -- --
Sumner James D -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 10513 Rocca Llc $2,450,000
Previous Owner 10513 Rocca Llc $4,000,000
Previous Owner 10513 Rocca Llc $3,500,000
Previous Owner Ecp Acquisitions Llc $38,500,000
Previous Owner Sumner James D $300,700
Previous Owner Sumner James D $350,000
Closed Grosfeld Bellaire Properties Partners Ll $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $8,000,000 +6.7% --
08/24/2015 08/24/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $7,500,000 -- --
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 $120,633 $10,240,463 $10,240,463 --
2024 $120,633 $10,039,670 $10,039,670 --
2023 $119,249 $9,842,814 $9,842,814 $0
2022 $113,439 $9,649,818 $9,649,818 $0
2021 $111,373 $9,460,606 $9,460,606 $0
2020 $112,566 $9,363,600 $9,363,600 $0
2019 $99,880 $8,489,664 $8,489,664 $0
2018 $99,730 $8,323,200 $8,323,200 $0
2016 $95,529 $8,000,000 $8,000,000 $0
2015 $41,968 $3,505,637 $3,505,637 $0
2014 $42,109 $3,436,967 $3,436,967 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jon Hamner

    The Agency

  • Ari Shram

    Buyer's Agent in 2015

    Ari Shram

    The Agency

    (310) 280-8854

    12 Total Sales

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Map

Source: The MLS

MLS Number: 15-951917

The MLS

APN: 4370-022-018

California Los Angeles County Los Angeles 90077 Bel Air

10513 Rocca Place, Los Angeles, CA

This home is located at 10513 Rocca Place, Los Angeles, CA 90077 since 13 July 2015 and is currently estimated at $6,312,140. 10513 Rocca Place is a home located in Los Angeles County with nearby schools including Warner Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and University High School Charter.

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