$12,000,000
SOLD NOV 18, 2024
4 Beds
7 Baths
6,657 Sq Ft
0.36 Acres

Recently Sold

$1,803 Per Sq Ft

7% Below List Price

50 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Dining Room with Fireplace
  • Warner Avenue Elementary Rated A
  • Solar Power System
  • Contemporary Architecture

About This Home

As of November 2024

Designer perfect sophisticated gated view property in prime BHPO, this chic contemporary residence offers spectacular airplane views of the entire LA basin from DTLA to Palos Verdes, Catalina island and the Santa Monica Bay. This private home was completely remodeled and rebuilt in 2019 and greatly improved and redone by the current owner. The entire home has an incredible indoor outdoor flow with floor to ceiling sliding glass doors to the large outdoor entertaining area and a very dramatic infinity edge pool. Features include a huge dramatic swivel front door leading to a very bright light open floor plan out to the breathtaking pool, gas fire pit, and a waterfall with projection display. The upper level is entirely dedicated to a very expansive private primary bedroom suite with high ceilings, heated floors, outdoor terraces, an indoor-outdoor shower and frosted sliding glass doors enhancing the privacy. The lower lever offers a huge onyx wet bar, a 250 bottle wine cellar and more rooms for entertaining or a myriad of other possibilities including 40 feet of disappearing walls. Additional amenities include solar power panels, a Tesla charging station and a fully integrated smart home system. This home offers the best of the Southern California indoor outdoor sought after lifestyle.

Last Agent to Sell the Property

Lloyd Ross

Douglas Elliman License #02046500 Listed on: 09/09/2024

Douglas Elliman

Co-Listed By

Joseph Babajian

Rodeo Realty License #00813384

Last Buyer's Agent

Trey Alligood

Douglas Elliman License #02099406

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158,228

Year Built

  • 1975

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 122x130
  • Property is zoned LARE15

Property Views

  • Ocean
  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 6,657 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 7 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4355-015-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$158,228

Year Built

1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6657
  • Lot Acreage: 0.3628
  • Lot Dimensions: 122x130
  • Stories: 1
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Fireplace Rooms: Dining
  • Flooring: Hardwood, Stone
  • Bedrooms: 4
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels
  • Price Per S Q F T: 1937.81

Exterior Features

  • Other Structures: None
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4355-015-051
  • Lot Size Area: 15803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 29, 2024
Sold by
Derek Collison Family Revocable Trust and Collison Derek Lee
Bought by
Ssp Opportunity Trust and Sethi
Seller's Agent
Lloyd Ross
Douglas Elliman
Buyer's Agent
Trey Alligood
Douglas Elliman
List Price
$12,900,000
Sold Price
$12,000,000
Premium/Discount to List
-$900,000
-6.98%
Total Days on Market
50
Views
2620
Current Estimated Value
$8,779,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,220,608
Avg. Annual Appreciation
-43.34%

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 25, 2017
Sold by
Casper Falls Investments Llc
Bought by
Collison Derek Lee and The Derek Collison Family Revocable Trus
Seller's Agent
Matthew Schwartz
Douglas Elliman of California, Inc.
Buyer's Agent
Billy Dolan
Carolwood Estates
List Price
$12,499,000
Sold Price
$11,750,000
Premium/Discount to List
-$749,000
-5.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 17, 2015
Sold by
90210 Ventures Llc
Bought by
Casper Falls Investments Llc
Seller's Agent
Dustin Nicholas
Nicholas Property Group
Buyer's Agent
Adam Rosenfeld
The Agency
List Price
$7,695,000
Sold Price
$7,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.61%
Original Mortgage
$5,386,500
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2014
Sold by
An Richard Taehyuck
Bought by
90210 Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,496,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2005
Sold by
Moon Jeannette M
Bought by
Bloom Alan J

Purchase Details

Closed on
Mar 22, 2005
Sold by
Liao Tze Chun
Bought by
Liao Huai Fen

Purchase Details

Closed on
Mar 22, 2002
Sold by
An Richard Taehyuck and An Grace Hwami
Bought by
An Richard Taehyuck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.84%

Purchase Details

Closed on
Feb 21, 2001
Sold by
Rosenthal Richard M and The Stephen J Gabin Trust
Bought by
An Tae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
7%

Purchase Details

Closed on
Apr 13, 2000
Sold by
Dabany Marie Josephine Kama
Bought by
Secured California Investments Inc

Purchase Details

Closed on
Feb 2, 2000
Sold by
Monia Family Trust and Marilyn E
Bought by
Gabin Md Stephen J and The Stephen J Gabin Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6%

Purchase Details

Closed on
Jan 12, 1999
Sold by
Family Trust Monia Walter J And Edna E Trs Mo and Gaskin Marilyn E
Bought by
Gaskin Marilyn E and The Monia Family Trust
Source: Public Records

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Range of Values:

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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 $12,000,000 Progressive Title Company
Grant Deed $11,750,000 None Available
Grant Deed $7,695,000 Fidelity
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- First Southwestern Title
Individual Deed $1,350,000 --
Grant Deed -- --
Individual Deed -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,000,000 New Conventional
Previous Owner $4,000,000 New Conventional
Previous Owner $4,000,000 New Conventional
Previous Owner $3,300,000 Construction
Previous Owner $5,386,500 Purchase Money Mortgage
Previous Owner $7,496,000 Purchase Money Mortgage
Previous Owner $500,000 Credit Line Revolving
Previous Owner $800,000 Unknown
Previous Owner $5,500,000 Construction
Previous Owner $300,000 Credit Line Revolving
Previous Owner $90,000 Unknown
Previous Owner $900,000 No Value Available
Previous Owner $945,000 No Value Available
Previous Owner $750,000 No Value Available
Previous Owner $1,289,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $12,000,000 -7.0% $1,803 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $12,900,000 +9.8% $1,938 / Sq Ft
11/01/2017 11/01/17 Sold $11,750,000 -6.0% $1,975 / Sq Ft
08/13/2017 08/13/17 For Sale $12,499,000 +62.4% $2,101 / Sq Ft
03/25/2015 03/25/15 Sold $7,695,000 0.0% $1,693 / Sq Ft
02/08/2015 02/08/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $7,695,000 -- $1,693 / 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
2024 $158,228 $13,107,346 $9,119,367 $3,987,979
2023 $155,110 $12,850,340 $8,940,556 $3,909,784
2022 $147,838 $12,598,373 $8,765,251 $3,833,122
2021 $146,102 $12,351,347 $8,593,384 $3,757,963
2019 $141,610 $11,985,000 $8,338,500 $3,646,500
2018 $141,248 $11,750,000 $8,175,000 $3,575,000
2016 $93,630 $7,812,348 $5,198,080 $2,614,268
2015 $71,980 $5,995,059 $4,684,259 $1,310,800
2014 $20,580 $1,659,435 $994,310 $665,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-437439

The MLS

APN: 4355-015-051