NOT LISTED FOR SALE

Estimated Value: $1,953,000 - $2,512,000

6 Beds
4 Baths
5,200 Sq Ft
$439/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $1,945,000 $374 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $13,878/month

6 Days on Market

Highlights

  • City Lights View
  • Two Way Fireplace
  • Mediterranean Architecture
  • John Marshall Senior High Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of January 2021

Legend has it that original Hollywood Royalty Fatty Arbuckle began construction on this custom-built masterpiece in 1910 and spent the next several years importing construction materials from Europe while meticulously overseeing every little detail before completing his labor of love in 1918! Built on a 11025 sq ft lot w/apprx. 5200 sq ft per owner of living space w/sweeping ocean to mountain views of the LA skyline, magical layers of ingenuity & design reveal themselves as you wander from room to room soaking in the architectural significance. High ceilings & extensive original design throughout. Main floor consists of formal entry, massive retro living room, formal dining room, primary bed & bath, kitchen & TV/reading room w/views. Top floor includes 3 beds + 2 baths w/eat-in kitchen & views. Ground floor 2 bed & 1 bath unit has been remodeled and is currently rented at $3,000 a month. Additional useable space adjacent to rental unit has large finished room perfect for a music studio

Last Agent to Sell the Property

Jason Squire

Compass License #01250933 Listed on: 12/04/2020

Compass

Last Buyer's Agent

Anselm Clinard

Compass License #01872344

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Property is zoned LARD2

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,200 Sq Ft Home
  • 3-Story Property
  • Circular Fireplace
  • Wood Burning Fireplace
  • Two Way Fireplace
  • See Through Fireplace
  • Dining Room with Fireplace
  • Den
  • Bonus Room
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5427-013-001

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 5200
  • Lot Acreage: 0.2531
  • Stories: 3
  • Year Built: 1918
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Circular, See Through, Two Way, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 6
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 441.35

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Total Parking: 3

Utilities

  • Heating: Forced Air
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5427-013-001
  • Lot Size Area: 11025

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Carolla Lauryn
Bought by
Lauryn Carolla Living Trust and Carolla
Current Estimated Value
$2,283,281

Purchase Details

Closed on
Aug 28, 2018
Sold by
Carolla Lynette
Bought by
Corolla Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 6, 2018
Sold by
Divacon Development Corporation
Bought by
Carolla Lauryn and Carolla Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2011
Sold by
Divacon Development Corporation
Bought by
Divacon Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Lauryn Carolla Living Trust -- None Listed On Document
Corolla Adam -- Provident Title Company
Carolla Lauryn -- Provident Title Company
Carolla Lauryn -- Provident Title
Carolla Lauryn $1,400,000 Provident Title Company
Divacon Development Corporation -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carolla Lauryn $1,615,000
Previous Owner Divacon Development Corporation $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $1,945,000 -15.3% $374 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $2,295,000 -- $441 / Sq Ft
Source: The MLS

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 $25,388 $2,105,329 $1,515,404 $589,925
2024 $25,388 $2,064,049 $1,485,691 $578,358
2023 $24,897 $2,023,578 $1,456,560 $567,018
2022 $23,740 $1,983,900 $1,428,000 $555,900
2021 $17,543 $1,442,793 $865,676 $577,117
2020 $17,719 $1,428,000 $856,800 $571,200
2019 $17,021 $1,400,000 $840,000 $560,000
2018 $9,100 $717,535 $430,522 $287,013
2016 $8,674 $689,674 $413,805 $275,869
2015 $8,551 $679,316 $407,590 $271,726
2014 $8,596 $666,010 $399,606 $266,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-668218

The MLS

APN: 5427-013-001

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