NOT LISTED FOR SALE

11511 Orum Rd Los Angeles, CA 90049

Bel Air Neighborhood

Estimated Value: $1,216,629 - $3,672,000

0.79 Acre
$2,595,957 Price per Acre
34,369 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $950,000

Est. 116% increase in value since last sale

Current estimated payment $12,191/month

132 Days on Market

About This Lot

As of February 2021

Bel Air vacant land development opportunity. Located on Orum Road in Bel Air, a coveted cul-de-sac with recent sales over $20,000,000, this 3/4-acre vacant lot (34,370 sq sf) provides an opportunity to build your dream home with stellar canyon views from the ground up. A new home totaling up to 11,259 sf, including a 3000sf basement and attached garage, could be built on the site, per a Property Development Analysis performed by Crest Real Estate. Buyer to verify.

Last Agent to Sell the Property

Juliette Hohnen

Douglas Elliman License #01772623 Listed on: 09/17/2020

Douglas Elliman

Last Buyer's Agent

Sara Afghani

Sotheby's International Realty License #01923243

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,372

Lot Details

  • 0.79 Acre Lot
  • Property is zoned LARE20

Property Views

  • Woods
  • Canyon

Listing and Financial Details

  • Assessor Parcel Number 4369-002-007

Property Details

Property Type

Land

Est. Annual Taxes

$12,372

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Bel Air vacant land development opportunity. Located on Orum Road in Bel Air, a coveted cul-de-sac with recent sales over $20,000,000, this -acre vacant lot (34,370 sq sf) provides an opportunity to build your dream home with stellar canyon views from the ground up. A new home totaling up to 11,259 sf, including a 3000sf basement and attached garage, could be built on the site, per a Property Development Analysis performed by Crest Real Estate. Buyer to verify. Email juliette.hohnen@elliman.com for more information.
  • Lot Acreage: 0.7890
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Tree Top, Trees/Woods
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4369-002-007
  • Lot Size Area: 34370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Feb 5, 2021
Sold by
Occelli Cynthia
Bought by
11511 Orum 110 Llc
Seller's Agent
Juliette Hohnen
Douglas Elliman
Buyer's Agent
Sara Afghani
Sotheby's International Realty
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$2,048,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,098,210
Avg. Annual Appreciation
17.66%

Purchase Details

Closed on
Dec 18, 2018
Sold by
Glass Allan S
Bought by
Occelli Cynthia

Purchase Details

Closed on
Apr 28, 2018
Sold by
Glass Allan S
Bought by
Glass Allan S

Purchase Details

Closed on
Apr 26, 2018
Sold by
Wilker Moshe H
Bought by
Glass Allan S

Purchase Details

Closed on
Mar 23, 2018
Sold by
Acra Holdings Llc
Bought by
Glass Allan S
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
11511 Orum 110 Llc $950,000 Equity Title Company
Occelli Cynthia -- Accommodation
Glass Allan S -- None Available
Glass Allan S -- None Available
Glass Allan S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galss Allan S $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $950,000 -4.5% --
01/27/2021 01/27/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $995,000 0.0% --
10/16/2020 10/16/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $995,000 -- --
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 $12,372 $1,028,309 $1,028,309 --
2024 $12,372 $1,008,147 $1,008,147 --
2023 $12,135 $988,380 $988,380 $0
2022 $11,599 $969,000 $969,000 $0
2021 $24,314 $2,043,180 $2,043,180 $0
2020 $14,091 $1,154,640 $1,154,640 $0
Source: Public Records

Agents Affiliated with this Home

  • Juliette Hohnen

    Seller's Agent in 2021

    Juliette Hohnen

    Douglas Elliman

    (323) 422-7147

    5 in this area

    156 Total Sales

    Juliette Hohnen
    Section Image
  • Sara Afghani

    Buyer's Agent in 2021

    Sara Afghani

    Sotheby's International Realty

    (818) 577-8227

    1 in this area

    5 Total Sales

    Sara Afghani
    Section Image
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Map

Source: The MLS

MLS Number: 20-634224

The MLS

APN: 4369-002-020

California Los Angeles County Los Angeles 90049 Bel Air

11511 Orum Rd, Los Angeles, CA

This home is located at 11511 Orum Rd, Los Angeles, CA 90049 since 17 September 2020 and is currently estimated at $2,048,210. 11511 Orum Rd is a home located in Los Angeles County with nearby schools including Warner Avenue Elementary, Roscomare Road Elementary, and Community Magnet Charter Elementary.

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