NOT LISTED FOR SALE

1115 Wallace Ridge Beverly Hills, CA 90210

Estimated Value: $8,264,000 - $11,697,662

4 Beds
4.5 Baths
3,608 Sq Ft
$2,674/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $12,000,000 $3,326 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $64,746/month

301 Days on Market

Highlights

  • Ocean View
  • Lap Pool
  • 0.65 Acre Lot
  • Hawthorne Elementary School Rated A
  • Gourmet Kitchen
  • Maid or Guest Quarters

About This Home

As of June 2023

Reimagined in 2016, this stunning, classic-modern Trousdale home makes an unparalleled statement of vision & design while showcasing breathtaking panoramic vistas from cityscape to coastal ocean views. The completely private, gated, and hedged property is on an ~28,000 sq. ft. lot following a private driveway in prime Trousdale Estates. The house is flawlessly designed & crafted with ~12'6" ceilings, floor-to-ceiling windows/doors, and seamlessly integrated interior & exterior spaces for the ultimate California lifestyle. The home's paneled entrance gallery features impressive floor-to-ceiling doors and an elegant courtyard fountain. Complementing the home's classic modern architecture are the spacious living room with fireplace & sunken bar, a den, formal dining room, and a family room with fireplace. Adjoining the family room is a chef's kitchen with island & Miele appliances. Bedroom suites consist of three guest bedroom suites and a master suite with a custom walk-in closet & luxurious bathroom. Overlooking the incredible city to sea views for which Trousdale is well known, the property's outdoor spaces include covered & open patios, and a pool & spa.

Last Agent to Sell the Property

Michael Udem

Douglas Elliman License #00926864 Listed on: 07/18/2022

Douglas Elliman

Last Buyer's Agent

Jordana Leigh

Rodeo Realty License #01239166

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $147,325

Year Built

  • Built in 1958

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 117x240
  • Sprinklers on Timer
  • Property is zoned BHR1*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway
  • Controlled Entrance

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Stone Flooring
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Pool

  • Lap Pool
  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4391-026-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$147,325

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Lot Acreage: 0.6462
  • Lot Dimensions: 117x240
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Family Room, Living Room, Den
  • Flooring: Stone
  • Appliances: Built-In Gas, Built-In Electric, Microwave, Oven-Electric, Built-Ins, Cooktop - Gas
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Master Bedroom, WalkInCloset, All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Kitchen Island, Family Room, Formal Dining Rm
  • Kitchen Features: Gourmet Kitchen, Stone Counters
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Ceiling Fan, Gas Dryer Hookup, Alarm System, Gas Or Electric Dryer Hookup, Dishwasher, Hood Fan, Dryer, Ice Maker, Microwave, Built-Ins, Freezer, Network Wire, Cable, Garbage Disposal
  • Fireplace: Yes

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Lap Pool, Heated with Gas
  • Pool: Yes
  • Spa: In Ground, Hot Tub, Private
  • Spa Yn: Yes
  • View: City, City Lights, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Driveway, Controlled Entrance, Attached, Garage
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4391-026-013
  • Lot Size Area: 28148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Jun 9, 2023
Sold by
Danial Fereydany
Bought by
Shariati Shamisa
Seller's Agent
Michael Udem
Douglas Elliman
Buyer's Agent
Jordana Leigh
Rodeo Realty
List Price
$25,000,000
Sold Price
$12,000,000
Premium/Discount to List
-$13,000,000
-52%
Total Days on Market
301
Views
229
Current Estimated Value
$9,629,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,370,229
Avg. Annual Appreciation
-9.61%
Original Mortgage
$1,000,000
Interest Rate
6.35%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 18, 2022
Closed on
May 4, 2023
Sold by
Slkn Llc
Bought by
Shariati Shamisa
Seller's Agent
Michael Udem
Douglas Elliman
Buyer's Agent
Jordana Leigh
Rodeo Realty
List Price
$25,000,000
Sold Price
$12,000,000
Premium/Discount to List
-$13,000,000
-52%
Views
229

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
6.35%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 15, 2017
Closed on
Feb 7, 2018
Sold by
Benson Douglas Robert and Dassenko Paul Edward
Bought by
Slkn Llc
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$15,995,000
Sold Price
$15,500,000
Premium/Discount to List
-$495,000
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.71%
Original Mortgage
$7,750,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jul 29, 2013
Sold by
Pourasgari Hormoz and Pourasgari Homa
Bought by
Benson Douglas Robert and Dassenko Paul Edward
Seller's Agent
Josh Flagg
Compass
Buyer's Agent
Josh Flagg
Compass
List Price
$5,695,000
Sold Price
$5,167,000
Premium/Discount to List
-$528,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.44%
Original Mortgage
$3,616,900
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2011
Sold by
Pourasgari Amir Hooshang
Bought by
Pourasgari Hormoz and Pourasgari Homa

Purchase Details

Closed on
Sep 12, 2011
Sold by
Pourasgari Hormoz and Pourasgari Homa
Bought by
Pourasgari Hormoz and Pourasgari Homa

Purchase Details

Closed on
Oct 13, 1995
Sold by
Ebrahimi Farokh
Bought by
Ebrahimi Farokh and Farokh Ebrahimi Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shariati Shamisa -- Equity Title Company
Shariati Shamisa $12,000,000 Equity Title Company
Slkn Llc $15,500,000 Stewart Title Of California
Benson Douglas Robert $5,167,000 Chicago Title Company
Pourasgari Hormoz -- None Available
Pourasgari Hormoz -- None Available
Ebrahimi Farokh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shariati Shamisa $500,000
Previous Owner Shariati Shamisa $1,000,000
Previous Owner Slkn Llc $7,750,000
Previous Owner Benson Douglas Robert $2,000,000
Previous Owner Benson Douglas Robert $3,616,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $12,000,000 -11.1% $3,326 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $13,500,000 -6.9% $3,742 / Sq Ft
03/16/2023 03/16/23 Price Changed $14,500,000 -9.3% $4,019 / Sq Ft
02/17/2023 02/17/23 Price Changed $15,995,000 -5.9% $4,433 / Sq Ft
12/23/2022 12/23/22 Price Changed $16,995,000 -10.5% $4,710 / Sq Ft
12/15/2022 12/15/22 Price Changed $18,995,000 -5.0% $5,265 / Sq Ft
11/07/2022 11/07/22 Price Changed $19,995,000 -4.8% $5,542 / Sq Ft
08/19/2022 08/19/22 Price Changed $21,000,000 -16.0% $5,820 / Sq Ft
07/18/2022 07/18/22 For Sale $25,000,000 0.0% $6,929 / Sq Ft
11/19/2020 11/19/20 Rented $31,495 -17.1% --
11/19/2020 11/19/20 Under Contract -- -- --
10/01/2020 10/01/20 For Rent $38,000 +8.6% --
08/27/2019 08/27/19 Rented $35,000 -10.3% --
08/01/2019 08/01/19 For Rent $39,000 0.0% --
03/02/2018 03/02/18 Sold $15,500,000 -3.1% $2,818 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $15,995,000 +3.2% $2,908 / Sq Ft
10/21/2017 10/21/17 Off Market $15,500,000 -- --
09/20/2017 09/20/17 Price Changed $15,995,000 -5.9% $2,908 / Sq Ft
07/14/2017 07/14/17 Price Changed $16,995,000 -5.6% $3,090 / Sq Ft
05/15/2017 05/15/17 For Sale $17,995,000 +248.3% $3,272 / Sq Ft
08/22/2013 08/22/13 Sold $5,167,000 -9.3% $1,410 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $5,695,000 -- $1,554 / 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 $147,325 $12,484,800 $9,987,840 $2,496,960
2024 $147,325 $12,240,000 $9,792,000 $2,448,000
2023 $204,106 $16,951,512 $11,483,283 $5,468,229
2022 $198,237 $16,619,130 $11,258,121 $5,361,009
2021 $192,542 $16,293,266 $11,037,374 $5,255,892
2019 $186,978 $15,810,000 $10,710,000 $5,100,000
2018 $64,284 $5,522,273 $4,453,415 $1,068,858
2016 $61,740 $5,307,838 $4,280,485 $1,027,353
2015 $59,096 $5,228,111 $4,216,189 $1,011,922
2014 $57,568 $5,167,000 $4,133,600 $1,033,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-179487

The MLS

APN: 4391-026-013