NOT LISTED FOR SALE

1575 Haslam Terrace Los Angeles, CA 90069

Hollywood Hills West Neighborhood

Estimated Value: $5,853,000 - $8,298,000

5 Beds
5 Baths
3,476 Sq Ft
$2,105/Sq Ft Est. Value

Last Sold August 20, 2013

Last sale price $8,850,000 $2,546 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $47,317/month

39 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • 21,000 Sq Ft lot
  • Home Theater
  • Gated Parking
  • Fireplace in Primary Bedroom

About This Home

As of August 2013

Simply Breathtaking. A rare opportunity to purchase one of the best view homes in Los Angeles. This recently completed true entertainers dream home took over two years to build: an irreplaceable property at an amazing location. This trophy 5 bed 5 bath estate of awe-inspiring views and indoor/outdoor living space. Highlighted by wide open spaces, soaring ceilings, water features and fireplaces, and fabulous entertaining areas with walls of glass. With a huge outdoor space including a three-level backyard built for entertaining with an amazing pool, spa, and an opulent master suite and upstairs outdoor lounge. Media room with 5 TV's, gym, office, surveillance cameras, heated floors, steam shower, smart home system, and views like you've never seen complete this one of a kind masterpiece. This compound is walled and gated and sits on almost a half acre of unobstructed views on its own promontory

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 07/08/2013

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Eric Lowry

Coldwell Banker Realty License #00955553

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Lot Details

  • 0.48 Acre Lot
  • Property is zoned LARE11

Property Views

  • Ocean
  • City Lights
  • Canyon

Home Design

  • Modern Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Family Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • 4 Fireplaces
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Gated Parking
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Phone System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5558-004-028

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Fire Pit, Master Bedroom
  • Flooring: Hardwood, Marble, Mixed
  • Bedrooms: 5
  • Fireplaces: 4
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Network Wire, Phone System, Range/Oven, Refrigerator, Satellite, Washer
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage, Garage - 2 Car, Garage Is Attached, Gated, Parking for Guests - Onsite
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5558-004-028
  • Geocode Override: No
  • Lot Size Area: 21000

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2019
Sold by
1575 Haslam Terrace 2013 Llc
Bought by
Rosenbaum David W
Current Estimated Value
$7,318,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Outstanding Balance
$2,842,943
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,475,166

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 16, 2013
Sold by
Sinclair Paul A and The Paul A Sinclair Declaratio
Bought by
1575 Haslam Terrace 2013 Llc
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Eric Lowry
Coldwell Banker Realty
List Price
$10,995,000
Sold Price
$8,850,000
Premium/Discount to List
-$2,145,000
-19.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Sinclair Paul A
Bought by
Sinclair Paul A and Paul A Sinclair Declaration Of

Purchase Details

Closed on
Nov 28, 2011
Sold by
Gutierrez Miguel and Gutierrez Abraham
Bought by
Dekirmendjian Jacob

Purchase Details

Closed on
Jul 14, 2010
Sold by
Buscemi Steven and The Steven Buscemi Trust
Bought by
Sinclair Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2009
Sold by
Buscemi Steven
Bought by
Buscemi Steven P and Steven Buscemi Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2006
Sold by
Buscemi Steven
Bought by
Buscemi Steven P and Steven Buscemi Trust

Purchase Details

Closed on
Mar 15, 1994
Sold by
Brustlin Richard A
Bought by
Buscemi Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.37%
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

Date Buyer Sale Price Title Company
Rosenbaum David W $8,200,000 Equity Title Company
1575 Haslam Terrace 2013 Llc $8,850,088 Equity Title Los Angeles
Sinclair Paul A -- None Available
Dekirmendjian Jacob $567,636 None Available
Sinclair Paul A $3,170,000 Fatcola
Buscemi Steven P -- Equity Title
Buscemi Steven -- Equity Title
Buscemi Steven P -- None Available
Buscemi Steven P -- None Available
Buscemi Steven $700,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenbaum David W $3,300,000
Previous Owner Sinclair Paul A $2,000,000
Previous Owner Buscemi Steven $265,000
Previous Owner Buscemi Steven $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2013 08/20/13 Sold $8,850,000 -19.5% $2,546 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $10,995,000 -- $3,163 / 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 $105,880 $8,946,457 $7,418,198 $1,528,259
2024 $105,880 $8,771,038 $7,272,744 $1,498,294
2023 $103,795 $8,599,058 $7,130,142 $1,468,916
2022 $98,937 $8,430,450 $6,990,336 $1,440,114
2021 $97,777 $8,265,148 $6,853,271 $1,411,877
2019 $112,840 $9,560,579 $7,692,421 $1,868,158
2018 $112,604 $9,373,118 $7,541,590 $1,831,528
2016 $107,776 $9,009,150 $7,248,742 $1,760,408
2015 $106,176 $8,873,826 $7,139,860 $1,733,966
2014 $21,138 $1,700,000 $1,000,000 $700,000
Source: Public Records

Agents Affiliated with this Home

  • Joshua Altman

    Seller's Agent in 2013

    Joshua Altman

    Douglas Elliman of California, Inc.

    (323) 610-0231

    53 in this area

    507 Total Sales

    Joshua Altman
    Section Image
  • Matthew J. Altman

    Seller Co-Listing Agent in 2013

    Matthew J. Altman

    Douglas Elliman of California, Inc.

    (323) 791-9398

    18 in this area

    178 Total Sales

    Matthew J. Altman
    Section Image
  • Eric Lowry

    Buyer's Agent in 2013

    Eric Lowry

    Coldwell Banker Realty

    (213) 507-0950

    1 in this area

    8 Total Sales

    Eric Lowry
    Section Image
  • Clemens Mandell

    Buyer Co-Listing Agent in 2013

    Clemens Mandell

    Coldwell Banker Realty

    (310) 867-5040

    2 in this area

    26 Total Sales

    Clemens Mandell
    Section Image
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Map

Source: The MLS

MLS Number: 13-685989

The MLS

APN: 5558-004-028

California Los Angeles County Los Angeles 90069 Hollywood Hills West

1575 Haslam Terrace, Los Angeles, CA

Not Listed for Sale

Detached

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