10702 Levico Way Los Angeles, CA 90077
Bel Air NeighborhoodEstimated Value: $7,964,000 - $19,023,461
6
Beds
9
Baths
12,586
Sq Ft
$1,072/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Tennis Courts
- 24-Hour Security
- Warner Avenue Elementary Rated A
- Wine Cellar
- Heated In Ground Pool
About This Home
As of September 2024Enchanting Bel-Air Villa: A Spectacular Retreat Above the City. Nestled behind discreet gates, perched above the bustling cityscape, lies the enchanting Bel-Air Villa, offering breathtaking panoramic vistas. A private, meandering road, flanked by towering, verdant hedges, leads to the grand motor court. Step into the realm of architectural mastery crafted by Oscar Shamamian, where the facade adorned with romantic, climbing vines beckons. Upon entry through the voluminous 2-story foyer, be captivated by the picturesque city vistas that unfold. Renowned designer Michael Smith has curated the interiors to perfection. Limestone flooring guides one to a stately formal living room boasting lofty ceilings, a majestic stone fireplace, and French doors opening onto a charming veranda. Adjacent, a sun-kissed office adorned with bespoke shelving and a terrace awaits. The generous formal dining room, with its white wood-beamed ceiling and intricate crown molding, exudes elegance with textured wallpaper accents. Ascend the architecturally unique stacked staircase to discover the sumptuous primary bedroom suite, featuring a fireplace, wrap-around terrace, and not one, but two luxurious bathroom suites. Her sanctuary boasts a glamorously appointed soaking tub, a fireplace, and vaulted exposed wood beam ceilings, offering tranquil views. His retreat features a marble bathroom, patio access, and a spacious walk-in closet. Completing the upper level are four additional bedroom suites, accessed via a discreet back staircase leading to a striking gallery bathed in dramatic lighting and glass doors opening onto a terrace with serene canyon vistas. The heart of the home, the gourmet chef's kitchen, delights with a central island, top-of-the-line appliances, a butler's pantry, and a quaint breakfast nook. Adjacent, a spacious family room beckons with a cozy fireplace, built-in bar, and a discreetly concealed projector screen. Outside, the vibrant grounds invite alfresco dining and lounging amidst a profusion of blooming flowers, verdant foliage, and bountiful herbs, evoking the charm of an English country garden. Entertainment abounds with a swimming pool, pool pavilion boasting a fireplace and built-in barbeque, and a spa offering sweeping views. Luxurious amenities abound, including a 3-car garage, staff quarters, a guest house, and a championship North-South tennis court. This magical retreat offers a spectacular retreat within the heart of Bel-Air.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $226,189
Year Built
- Built in 1990
Lot Details
- 4.32 Acre Lot
- Secluded Lot
- Sprinkler System
- Lawn
- Property is zoned LARE40
HOA Fees
- $12,400 Monthly HOA Fees
Parking
- 3 Car Detached Garage
- 7 Open Parking Spaces
- Parking Storage or Cabinetry
- Driveway
- Controlled Entrance
Property Views
- City Lights
- Canyon
- Mountain
Home Design
- Villa
- Clay Roof
Interior Spaces
- 12,586 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- Double Door Entry
- French Doors
- Wine Cellar
- Family Room with Fireplace
- 5 Fireplaces
- Great Room
- Living Room with Fireplace
- Dining Room
- Home Office
- Alarm System
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Tennis Courts
- Balcony
- Covered patio or porch
- Outdoor Grill
Additional Features
- Detached Guest House
- Central Heating and Cooling System
Community Details
- Service Entrance
- 24-Hour Security
Listing and Financial Details
- Assessor Parcel Number 4370-007-053
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2024
Closed on
Sep 5, 2024
Sold by
3 Princesses And Ap Trust and Hoberman Thomas
Bought by
Levico Capital Llc
Seller's Agent
Linda May
Carolwood Estates
Buyer's Agent
Joyce Rey
Coldwell Banker Realty
List Price
$27,000,000
Sold Price
$19,000,000
Premium/Discount to List
-$8,000,000
-29.63%
Views
237
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,506,269
Avg. Annual Appreciation
-36.64%
Purchase Details
Closed on
Mar 17, 2004
Sold by
Hughes B Wayne and The B W Hughes Living Trust
Bought by
Flekman Manny and Baren Charles
Purchase Details
Closed on
Dec 30, 2003
Sold by
10702 Levico Way Llc
Bought by
Hughes B Wayne and The B W Hughes Living Trust
Purchase Details
Closed on
Sep 8, 1999
Sold by
Knupfer Nancy and The Bankruptcy Estate Of Larry
Bought by
10702 Levico Way Llc
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Levico Capital Llc | $19,000,000 | First American Title Company | |
| Flekman Manny | -- | -- | |
| Hughes B Wayne | -- | Provident Title Company | |
| 10702 Levico Way Llc | -- | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Levico Capital Llc | $3,000,000 | |
| Previous Owner | Flekman Manny | $1,000,000 | |
| Previous Owner | Flekman Manny | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $19,000,000 | -11.6% | $1,510 / Sq Ft |
| 08/12/2024 08/12/24 | Pending | -- | -- | -- |
| 07/24/2024 07/24/24 | Price Changed | $21,500,000 | -20.4% | $1,708 / Sq Ft |
| 06/03/2024 06/03/24 | For Sale | $27,000,000 | -- | $2,145 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $226,189 | $18,664,385 | $13,381,622 | $5,282,763 |
| 2023 | $221,753 | $18,298,418 | $13,119,238 | $5,179,180 |
| 2022 | $211,390 | $17,939,627 | $12,861,999 | $5,077,628 |
| 2021 | $208,892 | $17,587,870 | $12,609,803 | $4,978,067 |
| 2019 | $202,511 | $17,066,206 | $12,235,790 | $4,830,416 |
| 2018 | $201,580 | $16,731,575 | $11,995,873 | $4,735,702 |
| 2016 | $192,913 | $16,081,869 | $11,530,059 | $4,551,810 |
| 2015 | $190,056 | $15,840,305 | $11,356,867 | $4,483,438 |
| 2014 | $190,562 | $15,530,016 | $11,134,402 | $4,395,614 |
Source: Public Records
Agents Affiliated with this Home
-
Linda May
Seller's Agent in 2024
Linda May
Carolwood Estates
(310) 777-6247
11 in this area
48 Total Sales
-
Guy Levy
Seller Co-Listing Agent in 2024
Guy Levy
Carolwood Estates
(310) 710-6766
5 in this area
17 Total Sales
-
Joyce Rey
Buyer's Agent in 2024
Joyce Rey
Coldwell Banker Realty
(310) 273-3113
6 in this area
83 Total Sales
Map
Source: The MLS
MLS Number: 24-399299
APN: 4370-007-053
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© 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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