$9,045,000
SOLD JUN 22, 2023
4 Beds
3.5 Baths
5,054 Sq Ft
0.39 Acres

Recently Sold

$1,790 Per Sq Ft

25% Below List Price

77 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Warner Avenue Elementary Rated A
  • Midcentury Modern Architecture
  • Great Room

About This Home

As of June 2023

As featured in Architectural Digest. An incredible example of Mid-Century Modern residential architecture designed by Frank Weber and Associates. Reimagined by Marmol Radziner. A showplace of elegance and style. Sophisticated interiors with panoramic views from Downtown to the ocean. Walls of glass draw in natural daylight and striking views. A total of 4 bedrooms and 4 baths. Herringbone brick floors throughout and signature walnut cabinetry. Experience the ultimate in California indoor-outdoor lifestyle with a large living room with covered patio adjacent to gracious pool and a fire pit. Located in one of the most beautiful pockets close to all the best Beverly Hills has to offer. A rare gem. Shown only to prequalified buyers.

Last Agent to Sell the Property

Drew Fenton

Carolwood Estates License #01317962 Listed on: 03/06/2023

Carolwood Estates

Co-Listed By

Delaram Rivani

Carolwood Estates License #01939492

Last Buyer's Agent

Marc Bretter

Maywood Property Group License #01819443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,644

Year Built

  • Built in 1967

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 117x145
  • Property is zoned LARE15

Property Views

  • Ocean
  • City

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 5,054 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Brick Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 2 Car Garage
  • Driveway
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4355-015-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,644

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 5054
  • Lot Acreage: 0.3903
  • Lot Dimensions: 117x145
  • Stories: 1
  • Year Built: 1967
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Fire Pit, Master Bedroom
  • Flooring: Brick
  • Bedrooms: 4
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Range/Oven, Built-Ins, Dishwasher, Garbage Disposal, Freezer, Refrigerator
  • Price Per S Q F T: 1919.27

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: City, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4355-015-054
  • Lot Size Area: 17002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jun 9, 2023
Sold by
Dubreull Laure Heriard and Dubreull Robert Aaron
Bought by
1374 Laurel Way Llc
Seller's Agent
Drew Fenton
Carolwood Estates
Buyer's Agent
Marc Bretter
Maywood Property Group
List Price
$12,000,000
Sold Price
$9,045,000
Premium/Discount to List
-$2,955,000
-24.62%
Views
665
Current Estimated Value
$8,131,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$913,113
Avg. Annual Appreciation
-4.58%
Original Mortgage
$8,205,000
Outstanding Balance
$7,983,990
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$147,897

Purchase Details

Listed on
Aug 2, 2019
Closed on
Dec 26, 2019
Sold by
Laccone Rea and The Laccone Living Trust
Bought by
Dubreuil Laure Heriard and Young Robert Aaron
Seller's Agent
Stephen Resnick
Carolwood Estates
Buyer's Agent
Drew Fenton
Carolwood Estates
List Price
$9,500,000
Sold Price
$7,750,000
Premium/Discount to List
-$1,750,000
-18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$3,000,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2018
Sold by
Laccone Rea L
Bought by
Laccone Rea and The Laccone Living Trust

Purchase Details

Closed on
Aug 19, 2002
Sold by
Laccone Rea and Laccone Living Trust
Bought by
Laccone Rea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
6.52%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Laccone Rea and The Rea Laccone Living Trust
Bought by
Laccone Rea and The Laccone Living Trust

Purchase Details

Closed on
Mar 3, 2000
Sold by
Laccone Rea
Bought by
Laccone Rea L and The Rea Laccone Living Trust

Purchase Details

Closed on
Jul 25, 1998
Sold by
Laccone Rea L
Bought by
Laccone Rea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,000
Interest Rate
6.9%

Purchase Details

Closed on
Mar 3, 1997
Sold by
James R Northcutt Trust and John
Bought by
Laccone Rea L

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
7.74%

Purchase Details

Closed on
Dec 23, 1994
Sold by
Northcutt James Ray
Bought by
Northcutt James R and James R Northcutt Trust
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 Type Sale Price Title Company
Grant Deed $9,045,000 Equity Title
Grant Deed $7,775,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- American Coast Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $1,450,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,205,000 Construction
Previous Owner $3,000,000 New Conventional
Previous Owner $965,000 No Value Available
Previous Owner $997,000 No Value Available
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $9,045,000 -6.8% $1,790 / Sq Ft
05/03/2023 05/03/23 Price Changed $9,700,000 -7.6% $1,919 / Sq Ft
04/14/2023 04/14/23 Price Changed $10,500,000 -12.5% $2,078 / Sq Ft
03/06/2023 03/06/23 For Sale $12,000,000 +54.8% $2,374 / Sq Ft
02/06/2020 02/06/20 Sold $7,750,000 -11.4% $1,533 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $8,750,000 -7.9% $1,731 / Sq Ft
08/13/2019 08/13/19 For Sale $9,500,000 +22.6% $1,880 / Sq Ft
08/02/2019 08/02/19 Off Market $7,750,000 -- --
08/02/2019 08/02/19 For Sale $9,500,000 -- $1,880 / 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 $111,644 $9,410,418 $6,242,400 $3,168,018
2024 $111,644 $9,225,900 $6,120,000 $3,105,900
2023 $98,992 $8,172,911 $7,358,249 $814,662
2022 $94,374 $8,012,659 $7,213,970 $798,689
2021 $93,263 $7,855,549 $7,072,520 $783,029
2020 $30,696 $2,485,251 $1,563,707 $921,544
2019 $29,482 $2,436,522 $1,533,047 $903,475
2018 $29,234 $2,388,748 $1,502,988 $885,760
2016 $27,918 $2,295,992 $1,444,626 $851,366
2015 $27,510 $2,261,505 $1,422,927 $838,578
2014 $27,592 $2,217,206 $1,395,054 $822,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-247897

The MLS

APN: 4355-015-054