NOT LISTED FOR SALE

10701 Levico Way Los Angeles, CA 90077

Bel Air Neighborhood

Estimated Value: $1,138,000 - $21,489,344

-- Bed
-- Bath
-- Sq Ft
1.45 Acres

Last Sold November 04, 2016

Last sale price $17,085,000

Est. 34% decrease in value since last sale

Current estimated payment $80,823/month

277 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • No HOA
  • Warner Avenue Elementary Rated A
  • 63,267 Sq Ft lot

About This Home

As of November 2016

Bel Air's premier building site. 8.8 acres located just 1.3 miles from the Bel Air Hotel off scenic Stone Canyon Rd. Turn left on Levico and drive a few hundred feet to a 24 hour guarded gate that secures four homesites. Three homes currently exist and are occupied by some of the most prominent residents of Los Angeles. This is the only undeveloped lot of the four and has a flat pad of two expansive acres. Enter through your own gates past the 24 hour guard gate to views facing southwest to Century City, LAX, and Palos Verdes, northeast to the beautiful Stone Canyon Reservoir, and multiple mountain ranges. Privacy, seclusion, space, light and prestige await you. You deserve to build your own home without compromise and this Levico lot is the "only" place to accomplish your goal. Priced correctly for the market and ready to build as soon as you and your architect design your dream home. The lot is guard gated and only shown with listing agent.

Last Agent to Sell the Property

Stephen Shapiro

Westside Estate Agency Inc. License #00388759 Listed on: 01/11/2016

Westside Estate Agency Inc.

Last Buyer's Agent

Michael Chen

License #01395954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $219,524

Lot Details

  • 1.45 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Park or Greenbelt

Pool

  • In Ground Pool
  • Spa

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4370-008-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$219,524

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Unknown
  • Street Number Display: Yes
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathroom: 0
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Pool: Yes
  • Spa Yn: Yes
  • View: Canyon, City Lights, Green Belt, Ocean
  • View: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4370-008-016
  • Geocode Override: No
  • Lot Size Area: 63267

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2024
Sold by
Huayi Brothers Properties Inc
Bought by
Us No 7 Llc
Current Estimated Value
$11,321,777

Purchase Details

Listed on
Jan 11, 2016
Closed on
Oct 17, 2016
Sold by
Suriadinata Stephanie and Stephanie Separate Trust
Bought by
Huayi Brothers Properties Inc
Seller's Agent
Stephen Shapiro
Westside Estate Agency Inc.
Buyer's Agent
Michael Chen
List Price
$19,950,000
Sold Price
$17,085,000
Premium/Discount to List
-$2,865,000
-14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.12%

Purchase Details

Closed on
Jun 26, 2009
Sold by
Soemantri Jennifer
Bought by
Soemantri Jennifer and The Jennifer Soemantri Trust

Purchase Details

Closed on
Jun 18, 2009
Sold by
Suriadinata Stephanie and Soemantri Jennifer
Bought by
Suriadinata Stephanie and The Stephanie Separate Trust

Purchase Details

Closed on
Aug 31, 2001
Sold by
Klj Holdings Inc
Bought by
Suriadinata Stephanie and Soemantri Jennifer

Purchase Details

Closed on
Aug 20, 1996
Sold by
Vahe Enterprises Inc
Bought by
Klj Holding Inc

Purchase Details

Closed on
May 15, 1995
Sold by
Highlo Investments Ltd
Bought by
Vahe Enterprises Inc
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
Us No 7 Llc $11,000,000 Old Republic Title
Huayi Brothers Properties Inc $17,085,000 First American Title Company
Soemantri Jennifer -- None Available
Suriadinata Stephanie -- None Available
Suriadinata Stephanie -- --
Klj Holding Inc -- --
Vahe Enterprises Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huayi Brothers Properties Inc $8,700,000
Previous Owner Huayi Brothers Properties Inc $1,650,000
Previous Owner Huayi Brothers Properties Inc $29,800,000
Previous Owner Huayi Brothers Properties Inc $3,400,000
Previous Owner Huayi Brothers Properties Inc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $17,085,000 -4.8% --
10/14/2016 10/14/16 Pending -- -- --
02/08/2016 02/08/16 Price Changed $17,950,000 -10.0% --
01/11/2016 01/11/16 For Sale $19,950,000 -- --
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 $219,524 $20,400,000 $20,400,000 --
2024 $219,524 $18,091,487 $18,091,487 --
2023 $215,225 $17,736,752 $17,736,752 $0
2022 $205,169 $17,388,973 $17,388,973 $0
2021 $203,602 $17,048,013 $17,048,013 $0
2019 $196,730 $16,542,360 $16,542,360 $0
2018 $194,310 $16,218,000 $16,218,000 $0
2016 $44,958 $3,743,818 $3,743,818 $0
2015 $44,292 $3,687,583 $3,687,583 $0
2014 $44,453 $3,615,349 $3,615,349 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Shapiro

    Seller's Agent in 2016

    Stephen Shapiro

    Westside Estate Agency Inc.

    (310) 860-8888

    1 in this area

    14 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Michael Chen

See All Agents

Map

Source: The MLS

MLS Number: 16-970625

The MLS

APN: 4370-007-061

California Los Angeles County Los Angeles 90077 Bel Air

10701 Levico Way, Los Angeles, CA

This home is located at 10701 Levico Way, Los Angeles, CA 90077 since 11 January 2016 and is currently estimated at $11,313,672. 10701 Levico Way 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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