NOT LISTED FOR SALE

Estimated Value: $2,878,000 - $8,097,000

4 Beds
5 Baths
5,895 Sq Ft
$913/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $7,000,000 $1,187 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $32,232/month

6 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Heated In Ground Pool
  • Ocean View Elementary School Rated A-
  • Wine Cellar
  • Sauna

About This Home

As of May 2022

Presenting the Ed and Ruth Shannon estate; 'La Colina'. A Once in a Generation Opportunity! High up in the Whittier hills. The property consists of 15.5 total acres and 4 APN numbers. The land might be able to be further divided in a couple of different ways. Some work had already been done in the past for a potential 12 lot subdivision. The possibilities (along with the views) are breathtaking!
The main house is of classical Spanish Colonial architecture and was meticulously custom built in 1976. The owners still have the original plans. This is the first time it has ever been on the market! It has 5,834 sq. ft. of living space with 4 bedrooms and 5 bathrooms and 4 other living areas along with an enchanting basement wine cellar! The primary bedroom is a second-story 924 sq. ft. suite with two exterior balconies that help take in the gorgeous scenery. The home was intentionally designed so that every room could enjoy the impressive panoramic views that go from Orange County to Catalina, to Downtown Los Angeles, and to the Hollywood sign! Also included in the main property is a 1,000+ sq. ft. caretakers unit a 950 sq. ft. 4 car garage with direct access into the house. In addition, there is plenty of room for outside entertainment with a walkaround sidewalk that highlights the beautiful city lights at night along with a pool, jacuzzi, fire ring, and a large outdoor patio/ramada with a built-in bar-b-que, sinks, and a fridge. There is plenty of room to add a 1500 sq. ft. ADU on the same grounds as the primary home. An easement to the additional acreage has already been recorded. Or, if you want a huge piece of real estate with an incredible amount of privacy and a gated entrance, this estate is for you! House and acreage are offered as a complete estate. Come on up and see this magnificent property!

Last Agent to Sell the Property

Steve Sundin

4 Star Realtors License #01270809 Listed on: 04/04/2022

Co-Listed By

Rob Stoll

Robert Stoll, Broker License #01201164

Last Buyer's Agent

Jacob Villaescusa

Century 21 Allstars License #02072276

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 8.19 Acre Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Chain Link Fence
  • Stucco Fence
  • Front Yard Sprinklers
  • Density is 6-10 Units/Acre
  • Property is zoned WHHR*

Parking

  • 4 Car Attached Garage
  • Carport
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Gated Parking
  • RV Potential

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Views of a landmark
  • Hills

Home Design

  • Spanish Architecture
  • Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 5,895 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Fireplace With Gas Starter
  • Shutters
  • Double Door Entry
  • Sliding Doors
  • Wine Cellar
  • Sunken Living Room
  • Library with Fireplace
  • Sauna
  • Tile Flooring
  • Termite Clearance

Kitchen

  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Guest House
  • Suburban Location

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3086
  • Assessor Parcel Number 8138033034

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street, Private Road
  • View: Yes
  • Zoning: WHHR*
  • Architectural Style: Spanish
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8138033034
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5895.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Copper Plumbing Full, High Ceilings, Sunken Living Room
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Fireplace Features: Library, Master Bedroom, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1187.45
  • Room Type: Guest/Maid's Quarters, Master Bathroom, Master Bedroom, Sauna, Wine Cellar
  • Spa Features: Private, In Ground
  • Window Features: Shutters
  • Bathroom Features: Double Sinks In Master Bath, Jetted Tub, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island, Tile Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • Exterior Features: Barbecue Private
  • View: Catalina, City Lights, Hills, Landmark, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Chain Link, Stucco Wall, Wrought Iron
  • Patio And Porch Features: Concrete, Patio, Patio Open, Wrap Around
  • Pool Features: Private, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage - Two Door, Gated, Private, RV Potential
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Electric Cooktop, Disposal, Gas Water Heater, Ice Maker, Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 6-10 Units/Acre, Sprinklers In Front
  • Lot Size Sq Ft: 356843.00
  • Lot Size Acres: 8.1920

Multi Family

  • Lease Considered: No
  • Lot Size Area: 356843.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5016.00
  • Tax Lot: 5
  • Tax Tract Number: 3086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Apr 29, 2022
Sold by
Shannon Lifetime Trust
Bought by
Romero Investments Llc
Seller's Agent
Steve Sundin
4 Star Realtors
Buyer's Agent
Jacob Villaescusa
Century 21 Allstars
List Price
$6,999,999
Sold Price
$7,000,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$5,379,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,620,095
Avg. Annual Appreciation
-6.94%
Original Mortgage
$2,000,000
Outstanding Balance
$1,884,214
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$3,495,691

Purchase Details

Closed on
Jun 15, 2011
Sold by
Shannon Ruth B
Bought by
Shannon Ruth B and Shannon Lifetime Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Romero Investments Llc $7,000,000 Old Republic Title
Shannon Ruth B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Investments Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $7,000,000 0.0% $1,187 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $6,999,999 -- $1,187 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $52,548 $4,607,656 $2,042,718 $2,564,938
2024 $52,548 $4,517,311 $2,002,665 $2,514,646
2023 $51,774 $4,428,738 $1,963,398 $2,465,340
2022 $13,790 $1,080,171 $166,168 $914,003
2021 $13,486 $1,058,992 $162,910 $896,082
2019 $13,242 $1,027,583 $158,079 $869,504
2018 $12,506 $1,007,435 $154,980 $852,455
2016 $12,078 $968,317 $148,963 $819,354
2015 $11,816 $953,773 $146,726 $807,047
2014 $11,673 $935,091 $143,852 $791,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22063729

California Regional Multiple Listing Service (CRMLS)

APN: 8138-033-034