$2,450,000
SOLD AUG 16, 2017
3 Beds
3 Baths
2,739 Sq Ft
0.57 Acres

Recently Sold

$894 Per Sq Ft

8% Below List Price

263 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Wood Flooring
  • Warner Avenue Elementary Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of March 2023

Lowest Price off Summitridge! Located in an area with 20M+ Properties. Canyon to Ocean Views on a large lot! Prime BHPO. Escape from the city with a short drive to Sunset. Peace and tranquility fill sun drenched rooms. Live in or remodel this spacious traditional home or develop this property into a major estate.Lots of options here! Lot size is over 25000 sq feet. 3 bedrooms, den, formal dining room, large living room with fireplace and high vaulted ceilings. Master has fireplace and deck opening to views. Ocean breezes waft thru the canyon- a magical spot offering privacy and seclusion yet close to Rodeo Drive!

Last Agent to Sell the Property

Kathy Marshall

Coldwell Banker Realty License #01006678 Listed on: 10/27/2016

Coldwell Banker Realty

Last Buyer's Agent

Paul Wylie

LAMERICA Real Estate License #00908469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $171,804

Year Built

  • Built in 1963

Lot Details

  • 0.57 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,739 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4355-004-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$171,804

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2739
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 967.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4355-004-030
  • Geocode Override: No
  • Lot Size Area: 24997

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Rhyu Ju
Bought by
Ju Rhyu Living Trust and Rhyu
Current Estimated Value
$8,880,982

Purchase Details

Closed on
Aug 26, 2024
Sold by
Rhyu Ju and Dubar Timothee
Bought by
Rhyu Ju and Dubar Timothee

Purchase Details

Listed on
Jun 16, 2022
Closed on
Feb 28, 2023
Sold by
Wystein Opportunity Fund Llc
Bought by
Rhyu Ju and Dubar Timothee
Seller's Agent
Paul Wylie
LAMERICA Real Estate
Buyer's Agent
Christophe Choo
Coldwell Banker Realty
List Price
$16,750,000
Sold Price
$14,000,000
Premium/Discount to List
-$2,750,000
-16.42%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.02%

Purchase Details

Listed on
Oct 27, 2016
Closed on
Jul 13, 2017
Sold by
Murphy Janice
Bought by
Wystein Opportunity Fund Llc
Seller's Agent
Kathy Marshall
Coldwell Banker Realty
Buyer's Agent
Paul Wylie
LAMERICA Real Estate
List Price
$2,649,000
Sold Price
$2,450,000
Premium/Discount to List
-$199,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.36%
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 -- None Listed On Document
Deed -- None Listed On Document
Grant Deed $14,000,000 Wfg National Title
Grant Deed $2,450,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,050,000 Construction
Previous Owner $1,500,000 Unknown
Previous Owner $169,816 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $301,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $14,000,000 -16.4% $1,574 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
06/16/2022 06/16/22 For Sale $16,750,000 +583.7% $1,883 / Sq Ft
08/16/2017 08/16/17 Sold $2,450,000 0.0% $894 / Sq Ft
06/12/2017 06/12/17 Off Market $2,450,000 -- --
10/27/2016 10/27/16 For Sale $2,649,000 -- $967 / 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 $171,804 $14,565,600 $8,323,200 $6,242,400
2024 $171,804 $14,280,000 $8,160,000 $6,120,000
2023 $32,908 $2,702,760 $2,143,545 $559,215
2022 $31,400 $2,649,765 $2,101,515 $548,250
2021 $31,043 $2,597,809 $2,060,309 $537,500
2019 $29,945 $2,499,000 $1,999,200 $499,800
2018 $29,842 $2,450,000 $1,960,000 $490,000
2016 $10,409 $841,117 $588,786 $252,331
2015 $10,260 $828,483 $579,942 $248,541
2014 $10,304 $812,255 $568,582 $243,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-174966

The MLS

APN: 4355-004-030