$14,800,000
$7M PRICE DROP

Estimated payment $82,330/month

Total Views 46,302
3 Beds
3 Baths
2,175 Sq Ft
$6,805 Price per Sq Ft

Highlights

  • Furnished
  • No HOA
  • Built-In Features
  • Warner Avenue Elementary Rated A
  • Breakfast Area or Nook
  • Laundry Room

About This Home

Presenting an unparalleled investment opportunity in the heart of Los Angeles! Encompassing the development of two luxury homes AND an existing SFR with over 15 acres at 1555 N San Ysidro Dr and 1424 Seabright Drive. This project capitalizes on the fusion of prime location, innovative design, and exclusivity to create a high-value proposition for investors and future homeowners alike. With the lot line adjustment process finalized, resulting in two expansive lots, the buyer will be set to embark on a journey to redefine luxury living in Beverly Hills 90210. The project includes 1555 N San Ysidro Dr. (a SFR) & 1424 Seabright Dr., Los Angeles. Parcel 1 Area: 402,321 SF (9.24 acres). 1555 N San Ysidro Dr. Parcel 2 Area: 259,725 SF (5.96 acres). On 1424 Seabright Dr. the development includes two single-family luxury homes with an ADU accessible dwelling unit on each lot. Home specifications provide for two stories, 17,500 sf each, with 4 car garages and an infinity pool. There is exclusive access for a private access road connecting the development to Seabright Drive, ensuring privacy and exclusivity. This road is designed to accommodate fire vehicles access and features a large turn-around for enhanced safety. The plans for the homes is crafted to complement the existing topography, minimizing the need for extensive grading. The design incorporates modern aesthetics with functionality, featuring large living spaces, a gym, home theatre, and seamless indoor-outdoor transition. The luxury amenities include 4 car garages, infinity pools, terraces, balconies, and decks offering panoramic views of the city. The use of extensive glass windows ensures natural light fills every room, capturing the essence of Southern California living. This incredible opportunity will be a capstone project for any sophisticated developer.

Listing Agent

Shahla Nikravesh

Nelson Shelton & Associates License #00992340 Listed on: 10/31/2024

Nelson Shelton & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,135

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 83x148
  • Property is zoned LARE15

Home Design

  • Bungalow

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4356-017-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,135

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2175
  • Lot Acreage: 0.2830
  • Lot Dimensions: 83x148
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 6804.60

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4356-017-010
  • Lot Size Area: 12329

Rental Info

  • Furnished: Furnished

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $22,135 $1,838,783 $1,471,029 $367,754
2024 $22,135 $1,802,730 $1,442,186 $360,544
2023 $21,709 $1,767,383 $1,413,908 $353,475
2022 $20,729 $1,732,730 $1,386,185 $346,545
2021 $20,478 $1,698,755 $1,359,005 $339,750
2019 $19,800 $1,648,372 $1,318,698 $329,674
2018 $19,690 $1,616,052 $1,292,842 $323,210
2016 $18,807 $1,553,301 $1,242,641 $310,660
2015 $18,531 $1,529,970 $1,223,976 $305,994
2014 -- $1,500,000 $1,200,000 $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Price Changed $14,800,000 -32.7% $6,805 / Sq Ft
10/31/2024 10/31/24 For Sale $22,000,000 0.0% $10,115 / Sq Ft
10/16/2023 10/16/23 Rented $6,600 +13.8% --
09/19/2023 09/19/23 Price Changed $5,800 -10.8% $3 / Sq Ft
09/12/2023 09/12/23 Price Changed $6,500 -9.7% $3 / Sq Ft
08/11/2023 08/11/23 For Rent $7,200 +26.3% --
05/31/2022 05/31/22 Rented $5,700 -10.9% --
05/31/2022 05/31/22 Under Contract -- -- --
05/05/2022 05/05/22 Price Changed $6,400 -7.2% $3 / Sq Ft
04/07/2022 04/07/22 Price Changed $6,900 0.0% $3 / Sq Ft
04/07/2022 04/07/22 For Rent $6,900 +6.2% --
04/04/2022 04/04/22 Rented $6,500 -5.8% --
03/17/2022 03/17/22 Price Changed $6,900 -19.8% $3 / Sq Ft
03/04/2022 03/04/22 For Rent $8,600 +65.4% --
06/01/2020 06/01/20 Rented $5,200 -3.7% --
05/11/2020 05/11/20 Price Changed $5,400 -8.5% $2 / Sq Ft
05/07/2020 05/07/20 Price Changed $5,900 -14.5% $3 / Sq Ft
03/20/2020 03/20/20 For Rent $6,900 0.0% --
10/04/2013 10/04/13 Sold $1,245,000 +13.2% $572 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $1,100,000 -- $506 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $1,500,000 North American Title Company
Deed -- North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,250,000 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 24-458877

The MLS

APN: 4356-017-010