$3,016,000
SOLD JUN 13, 2025
2 Beds
6 Baths
1,835 Sq Ft
0.32 Acres

Recently Sold

$1,644 Per Sq Ft

16% Below List Price

72 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Warner Avenue Elementary Rated A
  • Automatic Gate
  • Living Room with Fireplace

About This Home

As of June 2025

Positioned on an elevated promontory lot with unobstructed city and ocean coastline views. A two-story home featuring two bedrooms upstairs with a balcony and two bathrooms, each showcasing breathtaking views. A gated driveway leads to an expansive motor court, offering ample parking. Additional two-story structure off the motor court with two bathrooms and a rooftop patio featuring extraordinary views. Separate structure near the pool with an additional bathroom. A unique lower-level structure at street level, converted into multiple rooms, previously used as a recording studio. Pool area with sweeping city and ocean views. Lot Size: Approximately 13,995 sq. ft. (includes two APN's) Also available is 1320 SummitRidge Dr. 1300 & 1320 SUMMITRIDGE DRIVE EXCLUSIVE ADJACENT & SEPARATE PROPERTIES {Buy one or both!} 1300 and 1320 SummitRidge Drive are adjacent properties situated on a private promontory lot, offering unparalleled panoramic views of the city skyline and ocean coastline - Over 31,000 combined square feet of land. Endless possibilities to remodel, update, or redevelop these exceptional properties into a world-class estate. Multiple structures on each property provide flexible living arrangements and additional space for guests or creative use. Gated, private, and elevated above the street, both properties are accessed via long driveways leading to expansive motor courts. Prime location immediately adjacent to the Beverly Hills city border, offering both prestige and convenience. *THIS IS A GENERATIONAL OPPORTUNITY TO ACQUIRE ONE OR BOTH OF THESE EXCEPTIONAL PROPERTIES, EACH OFFERING PRIVACY, EXCLUSIVITY, EXTRAORDINARY VIEWS AND THE POTENTIAL TO CREATE A TRULY ICONIC ESTATE.

Last Agent to Sell the Property

Dean Mandile

Sotheby's International Realty License #01970094 Listed on: 04/01/2025

Sotheby's International Realty

Co-Listed By

Justin Mandile

Sotheby's International Realty License #01507705

Last Buyer's Agent

Jake Le

Endowment Real Estate Services License #01905045

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,978

Year Built

  • Built in 1939

Lot Details

  • 13,995 Sq Ft Lot
  • Gated Home
  • Property is zoned LARE15

Property Views

  • Ocean
  • Coastline
  • Skyline
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces
  • Side by Side Parking
  • Tandem Parking
  • Circular Driveway
  • Automatic Gate
  • On-Street Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4355-007-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,978

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Lot Acreage: 0.1721
  • Probate: No
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, Inside, Laundry Closet Stacked
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes

Exterior Features

  • Other Structures: Other
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: City Lights, City, Coastline, Ocean, Skyline, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Auto Driveway Gate, Circular Driveway, Detached, Driveway, Garage - 2 Car, Garage Is Detached, Gated, On street, Driveway - Concrete, Tandem, Side By Side, Private, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4355-007-026
  • Lot Size Area: 13995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
Jul 15, 2025
Sold by
Isabel Madison Trust and Madison Isabel
Bought by
Imad 1300 Sr Llc
Seller's Agent
Dean Mandile
Sotheby's International Realty
Buyer's Agent
Jake Le
Endowment Real Estate Services
List Price
$3,599,000
Sold Price
$3,016,000
Premium/Discount to List
-$583,000
-16.2%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.83%

Purchase Details

Closed on
Feb 13, 2019
Sold by
Blackcat Investments Inc
Bought by
Blackcat Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 9, 2010
Sold by
Polaris Three Llc
Bought by
Black Cat Investments Inc

Purchase Details

Closed on
May 4, 2009
Sold by
Mcneilly Michael
Bought by
Polaris Three Llc

Purchase Details

Closed on
Nov 18, 2004
Sold by
Blackcat Investments Inc
Bought by
Mcneilly Michael

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
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2003
Sold by
Mcneilly Michael R and Mcneilly Living Trust
Bought by
Blackcat Investments Inc

Purchase Details

Closed on
May 31, 2002
Sold by
Mcneilly Michael R and Mcneilly Living Trust
Bought by
Blackcat Investments Inc

Purchase Details

Closed on
Nov 21, 2001
Sold by
Mcneilly Michael Robert
Bought by
Mcneilly Michael R and Mcneilly Living Trust

Purchase Details

Closed on
Jul 6, 2001
Sold by
Mcneilly Michael Robert
Bought by
Mcneilly Robert M and Mcneilly Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- Chicago Title Co
Grant Deed -- None Available
Grant Deed -- California Title Company
Grant Deed -- Chicago Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,625,000 New Conventional
Previous Owner $1,800,000 Credit Line Revolving
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Rent $15,000 0.0% --
06/13/2025 06/13/25 Sold $3,016,000 -11.9% $1,644 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $3,425,000 -4.8% $1,866 / Sq Ft
04/01/2025 04/01/25 For Sale $3,599,000 -- $1,961 / 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
2024 $19,978 $1,613,519 $1,505,956 $107,563
2023 $19,597 $1,581,882 $1,476,428 $105,454
2022 $18,773 $1,550,866 $1,447,479 $103,387
2021 $18,499 $1,520,458 $1,419,098 $101,360
2020 $18,620 $1,504,868 $1,404,547 $100,321
2019 $17,885 $1,475,361 $1,377,007 $98,354
2018 $17,762 $1,446,433 $1,350,007 $96,426
2016 $16,970 $1,390,269 $1,297,586 $92,683
2015 $16,723 $1,369,387 $1,278,096 $91,291
2014 $16,775 $1,342,563 $1,253,060 $89,503
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: The MLS

MLS Number: 25510093

The MLS

APN: 4355-007-026