NOT LISTED FOR SALE

Estimated Value: $1,984,000 - $2,676,000

0.74 Acre
$3,147,155 Price per Acre
32,030 Sq Ft Lot

Last Sold May 03, 2022

Last sale price $1,750,000 $623 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $14,469/month

10 Days on Market

About This Lot

As of May 2022

Opportunity knocks! FULLY PERMITTED AND READY TO BUILD a 2-story single family home (apx 3,200 SF) with attached garage. Enjoy expansive city lights, Getty Center and oceans views on this 32,031 SF lot with large flat pad. Well located in upper Casiano near hiking trails and Santa Monica Mountain Conservancy land. Building package available upon request including plans, geo, soils, structural, etc. Trust sale. No Court Confirmation.

Last Agent to Sell the Property

Rachelle Rosten

Douglas Elliman License #01255977 Listed on: 03/29/2022

Douglas Elliman

Last Buyer's Agent

Harry Simidian

License #02154586

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,314

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 88x365
  • Property is zoned LARE20

Property Views

  • Ocean
  • City Lights
  • Canyon

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4368-025-017

Property Details

Property Type

Land

Est. Annual Taxes

$22,314

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Opportunity knocks! FULLY PERMITTED AND READY TO BUILD a 2-story single family home (apx 3,200 SF) with attached garage. Enjoy expansive city lights, Getty Center and oceans views on this 32,031 SF lot with large flat pad. Well located in upper Casiano near hiking trails and Santa Monica Mountain Conservancy land. Building package available upon request including plans, geo, soils, structural, etc. Trust sale. No Court Confirmation.
  • Lot Acreage: 0.7353
  • Lot Dimensions: 88x365
  • Probate: No
  • Survey: Survey Done
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Public
  • View: City Lights, Ocean, Canyon
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4368-025-017
  • Lot Size Area: 32031
  • Potential Usage: Currently zoned and permitted for single family residence
  • Present Use: Currently zoned and permitted for single family residence
  • Site Decription: Canyon, Hillside, Varied
  • Topography: Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Noravian Carl
Bought by
Jaca Noravian Llc
Current Estimated Value
$2,314,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,990,000
Outstanding Balance
$2,964,418
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$572,634

Purchase Details

Closed on
Mar 27, 2023
Sold by
Milan Consi Llc
Bought by
Jaca Noravian Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2014
Sold by
Mcdaniel Scott Kerr
Bought by
Comerica Bank & Trust Na

Purchase Details

Closed on
Aug 27, 2009
Sold by
Mcdaniel Scott Kerr
Bought by
Mcdaniel Scott Kerr and Mcdaniel Laurie Esther

Purchase Details

Closed on
Aug 12, 2003
Sold by
Eisenberg Joseph
Bought by
Mcdaniel Glen and Mcdaniel Marilyn R

Purchase Details

Closed on
Feb 2, 2000
Sold by
Eisenberg Joseph
Bought by
Eisenberg Joseph and Sanchez Susana

Purchase Details

Closed on
May 30, 1997
Sold by
Wells Fargo Bank
Bought by
Eisenberg Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Woodfield William R
Bought by
Wells Fargo Bank
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
Jaca Noravian Llc -- Cal Pacific Escrow Inc
Noravian Carl -- Lawyers Title
Jaca Noravian Llc $1,568,500 Lawyers Title Company
Comerica Bank & Trust Na -- None Available
Mcdaniel Scott Kerr -- None Available
Mcdaniel Glen -- Equity Title Company
Eisenberg Joseph -- --
Eisenberg Joseph $525,000 American Title Ins Co
Wells Fargo Bank $379,948 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noravian Carl $2,990,000
Previous Owner Jaca Noravian Llc $1,600,000
Previous Owner Jaca Noravian Llc $817,500
Previous Owner Eisenberg Joseph $425,000
Previous Owner Eisenberg Joseph E $100,000
Previous Owner Eisenberg Joseph $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $1,750,000 +16.7% $623 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $1,499,000 -- $534 / 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 $22,314 $3,138,010 $1,848,010 $1,290,000
2024 $22,314 $1,802,850 $1,802,850 --
2023 $16,360 $1,306,558 $1,306,449 $109
2022 $15,640 $1,280,940 $1,280,833 $107
2021 $15,445 $1,255,824 $1,255,719 $105
2019 $14,925 $1,218,577 $1,218,475 $102
2018 $14,808 $1,194,684 $1,194,584 $100
2016 $17,548 $1,435,243 $1,148,198 $287,045
2015 $17,293 $1,413,685 $1,130,951 $282,734
2014 $17,359 $1,385,994 $1,108,798 $277,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-137999

The MLS

APN: 4368-025-017