NOT LISTED FOR SALE

Estimated Value: $8,373,000 - $27,605,422

7 Beds
8 Baths
9,404 Sq Ft
$1,913/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $27,000,000 $2,871 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $125,197/month

70 Days on Market

Highlights

  • Guest House
  • Home Theater
  • View of Trees or Woods
  • Warner Avenue Elementary Rated A
  • Heated In Ground Pool
  • 44,934 Sq Ft lot

About This Home

As of August 2021

A stunning white-bricked Traditional estate beautifully situated behind tall iron gates on one of the finest streets in the World. Situated on over an acre of spectacular grounds with rolling lawns and beautiful gardens. There are countless amenities and numerous areas for indoor/outdoor entertainment, including a wonderful swimming pool, championship sized tennis court, outdoor living room/loggia, and much more. Beautiful two-story entry with classic "Old Hollywood" curved staircase, large formal living room, screening room/theater, paneled office, gourmet kitchen with center island opens to family room, master suite with his & hers baths, comprised of 7 bedrooms and 8 baths, separate guest suite, gym. An incredible value. Shown to pre-qualified clients only.

Last Agent to Sell the Property

Kurt Rappaport

Westside Estate Agency Inc. License #01036061 Listed on: 04/14/2021

Westside Estate Agency Inc.

Co-Listed By

Jade Mills

Coldwell Banker Realty License #00526877

Last Buyer's Agent

Victor Wolfe

Wolfe Property Management License #01184165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $338,374

Year Built

  • Built in 1937

Lot Details

  • 1.03 Acre Lot
  • Gated Home
  • Property is zoned LARE40

Home Design

  • Traditional Architecture

Interior Spaces

  • 9,404 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Library
  • Home Gym
  • Views of Woods
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Converted Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Private Parking
  • Brick Driveway
  • Automatic Gate
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • Central Heating
  • Water Purifier

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4359-011-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$338,374

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 9404
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Crown Moldings, Detached/No Common Walls, Elevator, High Ceilings (9 Feet+), Living Room Deck Attached, Storage Space
  • Fireplace Rooms: Den, Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Closet, Inside, Laundry Area, Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 3083.26

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: Heated with Electricity, In Ground, Salt/Saline, Private
  • Pool: Yes
  • Spa: Heated with Electricity, In Ground, Private
  • Spa Yn: Yes
  • View: Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Brick, Garage - 2 Car, Parking for Guests - Onsite, Private

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4359-011-014
  • Lot Size Area: 44934

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 15, 2021
Sold by
Lindsey Melvin D and Lindsey Chrystal
Bought by
Milmaple Llc
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Victor Wolfe
Wolfe Property Management
List Price
$28,995,000
Sold Price
$27,000,000
Premium/Discount to List
-$1,995,000
-6.88%
Current Estimated Value
$17,563,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,436,828
Avg. Annual Appreciation
-10.42%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Lindsey Melvin
Bought by
Lindsey Melvin D and Lindsey Chrystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,012,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2009
Sold by
Wick Charles Z and Wick Pamela D
Bought by
Lindsey Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
Wick Charles Z and Wick Pamela D
Bought by
Wick Charles Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
4.92%
Mortgage Type
New Conventional
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
Milmaple Llc $27,000,000 First American Title Company
Lindsey Melvin D -- Orange Coast Title Co
Lindsey Melvin -- Fatcola
Wick Charles Z -- First American Title Co La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindsey Melvin D $500,000
Previous Owner Lindsey Melvin D $7,012,500
Previous Owner Lindsey Melvin $6,313,000
Previous Owner Lindsey Melvin $2,325,000
Previous Owner Lindsey Melvin $4,000,000
Previous Owner Lindsey Melvin $2,476,000
Previous Owner Lindsey Melvin $3,500,000
Previous Owner Wick Charles Z $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $27,000,000 -6.9% $2,871 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $28,995,000 -- $3,083 / 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 $338,374 $28,652,616 $22,285,368 $6,367,248
2024 $338,374 $28,090,800 $21,848,400 $6,242,400
2023 $331,689 $27,540,000 $21,420,000 $6,120,000
2022 $316,056 $27,000,000 $21,000,000 $6,000,000
2021 $138,112 $11,642,294 $8,765,045 $2,877,249
2020 $139,571 $11,522,918 $8,675,171 $2,847,747
2019 $133,940 $11,296,979 $8,505,070 $2,791,909
2018 $133,443 $11,075,470 $8,338,304 $2,737,166
2016 $127,712 $10,645,398 $8,014,518 $2,630,880
2015 $125,821 $10,485,495 $7,894,133 $2,591,362
2014 $126,146 $10,280,099 $7,739,498 $2,540,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-719006

The MLS

APN: 4359-011-014