NOT LISTED FOR SALE

Estimated Value: $8,659,023

4 Beds
5 Baths
4,534 Sq Ft
$1,910/Sq Ft Est. Value

Sale Details

Date Sold: May 19, 2021

Last sale price $8,500,000 $1,875 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $55,176 / mo

199 Days on Market

Highlights

  • Ocean View
  • 2.15 Acre Lot
  • Traditional Architecture
  • In Ground Pool
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of May 2021

The development opportunity of a lifetime to own two prime acres in West Gate Bel-Air with panoramic ocean, city and canyon views. This modern farmhouse was designed by Nobel designs, one of the most exciting new developments in architectural design firms. Don't pay a major premium for a done house, build it yourself. Per property development analysis created by Crest, a flat pad of 30,500 square feet can be created for a house with a RFA of 23,700 square feet. A total of 17,500 square feet is allowable above ground without a site plan review. In addition, a day-lit basement of approximately 6,000 square feet and a garage can be built without counting towards the RFA.

Last Agent to Sell the Property

Rayni Williams

The Beverly Hills Estates License #01496786 Listed on: 10/20/2020

The Beverly Hills Estates

Co-Listed By

Branden Williams

The Beverly Hills Estates License #01774287

Last Buyer's Agent

David Kramer

Compass License #00996960

Compass
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 2.15 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • City Lights
  • Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Alarm System
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Parking

  • 11 Open Parking Spaces
  • 15 Parking Spaces
  • 4 Attached Carport Spaces
  • Driveway

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4369-023-003

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

2.15 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Lot Acreage: 2.1535
  • Stories: 1
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Alarm System

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: City, City Lights, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 4
  • Other Spaces: 11
  • Covered Parking: 4
  • Parking Garage: Carport Attached, Driveway
  • Total Parking: 15

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4369-023-003
  • Lot Size Area: 93808

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Apr 29, 2021
Sold by
Bought by
Seller's Agent
Rayni Williams
The Beverly Hills Estates
Buyer's Agent
David Kramer
Compass
List Price
$9,495,000
Sold Price
$8,500,000
Premium/Discount to List
-$995,000
-10.48%
Current Estimated Value
$8,659,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,023
Avg. Annual Appreciation
0.36%

Purchase Details

Closed on
Aug 12, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,500,000 Equity Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,000,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $8,500,000 -10.5% $1,875 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $9,495,000 -- $2,094 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $110,664 $9,200,672 $7,360,538 $1,840,134
2024 $109,518 $9,020,267 $7,216,214 $1,804,053
2023 $107,375 $8,843,400 $7,074,720 $1,768,680
2022 $102,380 $8,670,000 $6,936,000 $1,734,000
2021 $6,066 $413,324 $132,482 $280,842
2020 $6,043 $409,087 $131,124 $277,963
2019 $5,842 $401,066 $128,553 $272,513
2018 $5,475 $393,203 $126,033 $267,170
2016 $5,174 $377,937 $121,140 $256,797
2015 $5,107 $372,261 $119,321 $252,940
2014 $5,174 $364,970 $116,984 $247,986
Source: Public Records

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Map

Source: The MLS

MLS Number: 20-649676

The MLS

APN: 4369-023-003

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