NOT LISTED FOR SALE

Estimated Value: $3,632,492

1.3 Acres
$2,794,225 Price per Acre
56,628 Sq Ft Lot

Sale Details

Date Sold: May 21, 2024

Last sale price $5,100,000

Est. 29% decrease in value since last sale

Current estimated payment $21,824 / mo

72 Days on Market

About This Lot

As of May 2024

Approved by the Mulholland Review Board, this is a once-in-a-lifetime opportunity to build the 8,455 sf mountain-modern masterpiece designed by the venerated Russell Shubin. The site, a stunning 1.3 acre double-lot in BHPO, tucked away from a majestic 75-yard private driveway, offers a serene canvas for the ultimate Southern California living, tailor-made to your every desire. With panoramic views and lush grounds, this is the most exquisite trophy property development. With the hard work already done, and coveted designs by one of the world's most esteemed architects, don't miss this chance to own LA's next landmark.

Last Agent to Sell the Property

Robby Sutton

The Beverly Hills Estates License #01079743 Listed on: 01/22/2024

The Beverly Hills Estates

Last Buyer's Agent

Zachary Feitelberg

Keller Williams Beverly Hills License #01983079

Keller Williams Beverly Hills
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Property Details

Property Type

  • Land

Lot Details

  • 1.3 Acre Lot
  • Property is zoned LARE40

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Canyon
  • Mountain
  • Hills

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4385-002-010

Property Details

Property Type

Land

Lot Details

1.3 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 1.3000
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Ocean, Mountains, Trees/Woods, Panoramic, Hills
  • View: Yes

Utilities

  • Cable: No
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4385-002-010
  • Lot Description: 2-4 Lots
  • Lot Size Area: 57067

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
May 14, 2024
Sold by
Bought by
Seller's Agent
Robby Sutton
The Beverly Hills Estates
Buyer's Agent
Zachary Feitelberg
Keller Williams Beverly Hills
List Price
$5,500,000
Sold Price
$5,100,000
Premium/Discount to List
-$400,000
-7.27%
Views
77
Current Estimated Value
$3,632,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,467,508
Avg. Annual Appreciation
-14.29%

Purchase Details

Listed on
Apr 26, 2016
Closed on
Aug 8, 2016
Sold by
Bought by
Seller's Agent
Saundra Renard
The Desert Connection Realtors
Buyer's Agent
Robby Sutton
The Beverly Hills Estates
List Price
$5,500,000
Sold Price
$4,625,000
Premium/Discount to List
-$875,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%

Purchase Details

Closed on
Oct 9, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Beverly Crest, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,050,000 Fidelity National Title
$3,050,000 Fidelity National Title
$4,625,000 Equity Title Company
-- --
$340,000 South Coast Title Company
$736,876 Benefit Land Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $5,100,000 -7.3% --
04/03/2024 04/03/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $5,500,000 +18.9% --
08/11/2016 08/11/16 Sold $4,625,000 -15.9% -- View Prior Sale
06/22/2016 06/22/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $5,500,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,856 $1,836,000 $1,836,000
2024 $20,867 $1,735,189 $1,735,189
2023 $20,458 $1,701,166 $1,701,166 $0
2022 $19,493 $1,667,810 $1,667,810 $0
2021 $19,268 $1,635,108 $1,635,108 $0
2019 $18,683 $1,586,610 $1,586,610 $0
2018 $18,661 $1,555,500 $1,555,500 $0
2016 $5,622 $466,518 $466,399 $119
2015 $5,539 $459,512 $459,394 $118
2014 $5,572 $450,512 $450,396 $116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-349763

The MLS

APN: 4385-002-010

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