NOT LISTED FOR SALE

Estimated Value: $4,356,000 - $5,037,000

4 Beds
4 Baths
3,469 Sq Ft
$1,340/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $4,600,000 $1,326 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $25,602/month

18 Days on Market

Highlights

  • Detached Guest House
  • 24-Hour Security
  • Panoramic View
  • Warner Avenue Elementary Rated A
  • Pool House
  • Midcentury Modern Architecture

About This Home

As of June 2024

Authentic mid-century modern by acclaimed architect, Alfred T. Wilkes. Situated in lower BHPO on highly coveted Angelo Drive, this 4 bedroom, 4 bathroom home, originally constructed in 1955, is perfectly sited on an extremely rare, private promontory, tucked far back from the street on a large, discreet flag lot; perhaps the last of its kind in the area. A lot so unique and special, it is reported the original builder selected this property for his own, over several others nearby. The home and roughly 150 foot wide rear lot line commands gorgeous canyon and city views and is surrounded by lush landscaping and mature trees; an absolutely idyllic setting. The sprawling single-story floor-plan is thoughtfully designed, offering its residents grand rooms throughout, private bedroom suites, each opening onto patios or onto the wrap around terrace, a large cook's kitchen, formal dining room and open public spaces with seamless transitions, both indoor and out. A dramatic, dual-sided, angled fireplace is the centerpiece of the living room and adjacent den; a wonderful original feature. Through its large windows and walls of glass, bright natural light is captured with ease. The primary suite flows out to an expansive terrace, beautiful pool & hot tub. A detached pool house with attached bathroom is a perfect office or guest suite. The home is optimized for entertaining and for a peaceful lifestyle. The grand forecourt provides for an abundance of parking. This classic gem is being offered for sale for the first time in over 50 years and offers its future owner a value-add or redevelopment opportunity, while being livable in its current form.

Last Agent to Sell the Property

Andrea Alberts

Sotheby's International Realty License #01741898 Listed on: 05/06/2024

Sotheby's International Realty

Co-Listed By

Allen Roth

Sotheby's International Realty License #01272304

Last Buyer's Agent

Michael Cohen

Compass License #01522253

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1955

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 95x199
  • South Facing Home
  • Landscaped
  • Rectangular Lot
  • Hilltop Location
  • Property is zoned LARE15

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,469 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Security Lights

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Carport
  • Parking Storage or Cabinetry
  • Driveway

Pool

  • Pool House
  • In Ground Pool
  • In Ground Spa

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4358-008-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,705

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3469
  • Lot Acreage: 0.4180
  • Lot Dimensions: 95x199
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Hardwood, Stone Tile, Carpet
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Range/Oven, Washer, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 1441.05

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Structures: Pool House
  • Foundation Details: Slab
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Tar and Gravel
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, City Lights, Hills, Panoramic, City
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Built-In Storage, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights, 24 Hour

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4358-008-011
  • Lot Description: Landscaped, Lot Shape-Rectangular
  • Lot Location: Hilltop
  • Lot Size Area: 18208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 21, 2024
Sold by
Aguado Rhebe R
Bought by
Sattar Ismail and Sattar Sana Balagamwala
Seller's Agent
Andrea Alberts
Sotheby's International Realty
Buyer's Agent
Michael Cohen
Compass
List Price
$4,999,000
Sold Price
$4,600,000
Premium/Discount to List
-$399,000
-7.98%
Views
53
Current Estimated Value
$4,647,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,482
Avg. Annual Appreciation
0.14%
Original Mortgage
$3,000,000
Outstanding Balance
$2,959,989
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,647,581
Source: Public Records

Range of Values:

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Average Value
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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
Sattar Ismail $4,600,000 Equity Title - Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sattar Ismail $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $4,600,000 -8.0% $1,326 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $4,999,000 -- $1,441 / 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 $5,705 $4,692,000 $4,226,880 $465,120
2024 $5,705 $419,296 $181,902 $237,394
2023 $5,609 $411,076 $178,336 $232,740
2022 $5,399 $403,017 $174,840 $228,177
2021 $5,315 $395,115 $171,412 $223,703
2019 $5,102 $383,398 $166,329 $217,069
2018 $4,888 $375,881 $163,068 $212,813
2016 $4,612 $361,287 $156,737 $204,550
2015 $4,548 $355,861 $154,383 $201,478
2014 $4,576 $348,891 $151,359 $197,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-380505

The MLS

APN: 4358-008-011