NOT LISTED FOR SALE

Estimated Value: $4,852,000 - $9,491,013

4 Beds
5 Baths
5,418 Sq Ft
$1,268/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2022

Last sale price $3,650,000 $674 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $43,171 / mo

40 Days on Market

Highlights

  • Coastline Views
  • Tennis Courts
  • In Ground Pool
  • Warner Avenue Elementary Rated A
  • Home Theater
  • 2.1 Acre Lot

About This Home

As of December 2022

BUYER DIDN'T PERFORM IN TIME TO SATISFY THEIR 1031 EXCHANGE. Over 2 acres set at the end of a cul-de-sac and up a long driveway lies this incredible development opportunity. Views look out over Franklin Canyon Park and the rolling hillsides and around to city views from downtown to Palos Verdes. Remodel the existing structure or create an almost 21,000 square foot new construction home (per Underbuilt). Set amoung homes currently selling north of $20 million.

Last Agent to Sell the Property

Jesse Lally

The Beverly Hills Estates License #01914868 Listed on: 10/24/2022

The Beverly Hills Estates

Co-Listed By

Michelle S. Lally

The Beverly Hills Estates License #01918745

Last Buyer's Agent

Shauna Walters

Sotheby's International Realty License #01728600

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 2.1 Acre Lot
  • Lot Dimensions are 249x365
  • East Facing Home
  • Tear Down
  • Property is zoned LARE15

Property Views

  • Coastline
  • Catalina
  • Skyline
  • Woods
  • Trees
  • Canyon
  • Mountain
  • Hills
  • Park or Greenbelt

Home Design

  • Modern Architecture
  • Fixer Upper

Interior Spaces

  • 5,418 Sq Ft Home
  • 2-Story Property
  • Bar
  • Gas Fireplace
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Atrium Room
  • Wood Flooring
  • Breakfast Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces
  • Attached Carport
  • Porte-Cochere
  • Side by Side Parking
  • Tandem Parking
  • Circular Driveway
  • Shared Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Tennis Courts
  • Enclosed Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4355-015-059

Community Details

Overview

  • No Home Owners Association

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

2.1 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 5418
  • Lot Acreage: 2.0998
  • Lot Dimensions: 249x365
  • Property Condition: Fixer, Tear Down
  • Stories: 2
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Wood
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 913.62

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Tennis Court: Sport Court
  • Tennis Court Y/N: Yes
  • Pool Description: Gunite
  • Pool: Yes
  • Spa Yn: No
  • View: Canyon, City, Catalina, City Lights, Coastline, Hills, Park, Mountains, Skyline, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Other Spaces: 5
  • Covered Parking: 2
  • Parking Garage: Carport, Carport Attached, Circular Driveway, Covered Parking, Driveway, Porte-Cochere, Parking Space, Parking for Guests - Onsite, Parking for Guests, On street, Private, Private Garage, Side By Side, Shared Driveway, Tandem, Uncovered
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4355-015-059
  • Lot Size Area: 91467

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Nov 21, 2022
Sold by
Bought by
Seller's Agent
Jesse Lally
The Beverly Hills Estates
Buyer's Agent
Shauna Walters
Sotheby's International Realty
List Price
$4,950,000
Sold Price
$3,650,000
Premium/Discount to List
-$1,300,000
-26.26%
Views
58
Current Estimated Value
$6,869,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,219,503
Avg. Annual Appreciation
19.93%
Original Mortgage
$2,737,500
Outstanding Balance
$2,620,333
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$4,249,170

Purchase Details

Closed on
Jun 9, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 25, 2013
Closed on
Feb 27, 2014
Sold by
Bought by
Seller's Agent
Michael Libow
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,995,000
Sold Price
$3,800,000
Premium/Discount to List
-$195,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Dec 13, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2002
Sold by
Bought by

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
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,650,000 First American Title
$5,900,000 None Listed On Document
-- Fntg
$3,800,038 Equity Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Lawyers Title
-- Stewart Title
-- Equity Title
-- Equity Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,737,500
Previous Owner $4,700,000
Previous Owner $1,500,000
Previous Owner $1,500,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2022 12/29/22 Sold $3,650,000 -26.3% $674 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $4,950,000 0.0% $914 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $4,950,000 0.0% $914 / Sq Ft
08/01/2016 08/01/16 Rented $13,000 -7.1% --
06/29/2016 06/29/16 For Rent $14,000 +16.7% --
07/22/2014 07/22/14 Rented $12,000 -7.7% --
07/22/2014 07/22/14 Under Contract -- -- --
07/01/2014 07/01/14 For Rent $13,000 0.0% --
03/10/2014 03/10/14 Sold $3,800,000 -4.9% $701 / Sq Ft View Prior Sale
01/15/2014 01/15/14 Pending -- -- --
09/25/2013 09/25/13 For Sale $3,995,000 -- $737 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $72,809 $6,034,320 $4,884,678 $1,149,642
2024 $71,926 $5,916,000 $4,788,900 $1,127,100
2023 $70,523 $5,800,000 $4,695,000 $1,105,000
2022 $67,471 $5,705,000 $4,600,000 $1,105,000
2021 $51,508 $4,303,526 $2,831,268 $1,472,258
2020 $52,625 $4,259,399 $2,802,237 $1,457,162
2019 $49,892 $4,175,883 $2,747,292 $1,428,591
2018 $49,714 $4,094,004 $2,693,424 $1,400,580
2017 $48,633 $4,013,730 $2,640,612 $1,373,118
2016 $47,532 $3,935,031 $2,588,836 $1,346,195
2015 $46,833 $3,875,924 $2,549,950 $1,325,974
2014 $30,761 $2,474,646 $1,674,137 $800,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-211085

The MLS

APN: 4355-015-059

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