$12,000,000
SOLD MAY 9, 2012
6 Beds
9.5 Baths
9,236 Sq Ft
0.44 Acres

Recently Sold

$1,299 Per Sq Ft

14% Below List Price

155 Days on Market

Highlights

  • Home Theater
  • Cabana
  • Automatic Gate
  • Warner Avenue Elementary Rated A
  • Primary Bedroom Suite
  • Canyon View

About This Home

As of May 2024

The absolute ultimate in glamorous contemporary living. A true timeless masterpiece featuring the latest in technology and materials and infused with old world class and spectacular magic. A state-of-the-art open floorplan with grand open kitchen/family room and breakfast nook seating for 10, master wing w/ extensive private outdoor covered patio w/ fireplace and infinite his and her master baths and closets designed for today's royalty, formal dining for 20, home theater, piano room, 23' grand foyer ceilings and high ceilings throughout, 3 exquisite staircases, 70' quartz infinity pool spilling into a picture perfect view, remote controlled disappearing walls of glass seamlessly joining the outdoor living rooms and patios with the decadent grand rooms inside. Gated circular motorcourt for 10 cars w/ oversized 3 car garage. Elevator. Extremely private with endless and breathtaking mountain top views.

Last Agent to Sell the Property

Ginger Glass

Compass License #01478465 Listed on: 10/31/2011

Compass

Last Buyer's Agent

Bachir Oueida

Douglas Elliman License #00936311

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178,596

Year Built

  • Built in 1947

Lot Details

  • 0.44 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Irregular Lot
  • Sprinklers on Timer
  • Lawn
  • Property is zoned LARE15

Parking

  • 3 Car Attached Garage
  • 9 Open Parking Spaces
  • Automatic Gate

Property Views

  • Canyon
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco
  • Stone

Interior Spaces

  • 9,236 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Dry Bar
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Greenhouse Windows
  • Family Room
  • Living Room with Fireplace
  • 6 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Fireplace in Bathroom
  • Double Vanity
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Double Shower
  • Steam Shower
  • Spa Bath
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Intercom
  • Smart Home

Pool

  • Cabana
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio
  • Outdoor Fireplace
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Hot Water Circulator
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4371-012-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$178,596

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Disability Access: 32 inch or more wide doors, 48 inch or more wide halls, 7 foot or more high garage door(s), Parking
  • Entry Location: Ground Level w/steps
  • Living Area: 9236
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Bar, Bidet, Built-Ins, Dry Bar, High Ceilings (9 Feet+), Home Automation System, Hot Tub, Intercom, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Two Story Ceilings
  • Fireplace Rooms: Bath, Exterior, Gas, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Tile
  • Appliances: Built-In BBQ, Built-In Gas, Convection Oven, Cooktop - Gas, Double Oven, Gas Grill, Microwave, Range, Range Hood
  • Bedrooms: 6
  • Fireplaces: 6
  • Full Bathroom: 9
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset
  • Bathroom Features: Bidet, Double Shower, Double Vanity(s), Linen Closet, Powder Room, Shower and Tub, Steam Shower, Tub With Jets, Under Vanity Lighting
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Family Room, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Counter Top, Greenhouse Window, Island, Open to Family Room, Pantry
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 9.50
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Network Wire, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1515.81

Exterior Features

  • Construction: Stone, Stucco
  • Other Features: Balcony, Barbecue Private, Full Copper Plumbing, High Ceilings (9 Feet+), Slab, Sprinkler System
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block, Electric, Privacy, Wrought Iron
  • Patio: Concrete Slab, Covered, Deck(s), Wrap Around Porch
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Composition
  • Spa: Bath Tub, Hot Tub, Private
  • View: Canyon, Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 9
  • Covered Parking: 3
  • Parking Garage: Attached, Gated
  • Total Parking: 12

Utilities

  • Water Heater: Gas, Hot Water Circulator
  • Cooling: Central
  • Heating: Central
  • Security: Gated, Owned, T.V.
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4371-012-019
  • Lot Description: 5 + Lots, Automatic Gate, Back Yard, Curbs, Exterior Security Lights, Fenced, Fenced Yard, Gutters, Landscaped, Lawn, Lot Shape-Irregular, Secluded, Street Lighting, Utilities Underground, Yard
  • Lot Size Area: 19115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 30, 2024
Sold by
Pascal Mouawad Trust and Mouawad Pascal
Bought by
Eden121 Llc
Seller's Agent
Amanda Lhommedieu
Nest Seekers
Buyer's Agent
Dustin Nicholas
Nicholas Property Group
List Price
$13,950,000
Sold Price
$12,200,000
Premium/Discount to List
-$1,750,000
-12.54%
Views
845
Current Estimated Value
$9,170,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,029,327
Avg. Annual Appreciation
-20.95%

Purchase Details

Listed on
Oct 31, 2011
Closed on
Apr 6, 2012
Sold by
Barnes Dr Doug and Barnes Molly
Bought by
Mouawad Pascal and Pascal Mouawad Trust
Seller's Agent
Ginger Glass
Compass
Buyer's Agent
Bachir Oueida
Douglas Elliman
List Price
$14,000,000
Sold Price
$12,000,000
Premium/Discount to List
-$2,000,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.14%
Original Mortgage
$6,600,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2011
Sold by
1514 Bel Air Road Llc
Bought by
Barnes Dr Doug and Barnes Molly

Purchase Details

Closed on
May 15, 2008
Sold by
Lytton Sheldon H and Levine Maribeth
Bought by
1514 Bel Air Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Grant Deed $12,000,000 Equity Title Los Angeles
Grant Deed -- Equity Title Los Angeles
Grant Deed -- Stewart Title
Grant Deed $12,200,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,760,000 New Conventional
Previous Owner $13,800,000 Construction
Previous Owner $9,180,000 Adjustable Rate Mortgage/ARM
Previous Owner $6,600,000 Adjustable Rate Mortgage/ARM
Previous Owner $6,600,000 New Conventional
Previous Owner $1,495,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $12,200,000 -12.5% $1,310 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $13,950,000 +16.3% $1,498 / Sq Ft
05/09/2012 05/09/12 Sold $12,000,000 -14.3% $1,299 / Sq Ft
10/31/2011 10/31/11 For Sale $14,000,000 -- $1,516 / 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 $178,596 $12,444,000 $8,364,000 $4,080,000
2024 $178,596 $14,777,139 $11,082,857 $3,694,282
2023 $175,081 $14,487,393 $10,865,547 $3,621,846
2022 $166,877 $14,203,328 $10,652,498 $3,550,830
2021 $164,906 $13,924,832 $10,443,626 $3,481,206
2019 $159,849 $13,511,815 $10,133,863 $3,377,952
2018 $159,349 $13,246,878 $9,935,160 $3,311,718
2016 $152,488 $12,732,487 $9,549,366 $3,183,121
2015 $150,226 $12,541,234 $9,405,926 $3,135,308
2014 $150,596 $12,295,569 $9,221,677 $3,073,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-563463

The MLS

APN: 4371-012-019