NOT LISTED FOR SALE

Estimated Value: $6,778,000 - $9,077,606

6 Beds
8 Baths
5,324 Sq Ft
$1,476/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $9,880,000 $1,856 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $52,661/month

97 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Primary Bedroom Suite
  • Home Theater
  • Gourmet Kitchen
  • Gated Parking

About This Home

As of December 2023

Located on one of the most desirable streets in the prestigious Palisades Riviera, this warm, contemporary marvel was designed with elegance and comfort in mind. Gated pedestrian and vehicular entries along with lush landscaping provides privacy and security. Approaching the glass front pivot door, you encounter your first glimpse of the meticulous design elements that await you in the home. A stunning travertine-clad wall frames the open concept kitchen and family room. The commodious kitchen features gorgeous rift-oak custom cabinetry, a large marble-clad island, state-of-the-art Miele appliances, and a marble-clad breakfast table. Past the kitchen, a hallway lined with copious cabinetry and storage leads to a well-appointed butler's pantry that serves directly into the spacious dining room that houses a showcase refrigerated wine display niche. The open concept kitchen and family room feature metal doors that pocket and slide to seamlessly connect the space to a gigantic terrace with stunning ocean views to the south (on a clear day one can see the cranes in the port of Long Beach) and mountain and cityscape views to the east.A magnificent powder room with a floating marble vanity and multiple coat closets line the front hall as you head towards the home office (which includes en-suite closet and bathroom), two secondary bedrooms with en-suite closet and bathroom, and the primary suite. The primary suite boasts two walk-in closets, two separate and enclosed water closets, two separate vanities including a makeup counter, an enormous stone-clad shower, a soaking tub, and a private patio with picturesque views of the backyard and beyond to the City and ocean.The lower level features a wealth of additional living and entertaining spaces. A private fitness center with en-suite bathroom provides the ideal environment for a meditative yoga session or a high intensity workout. A spectacular screening room with an extra large projection screen and state of the art surround sound is ready to showcase your favorite TV show or movie. Accessible from a private entrance, a staff room with en-suite bathroom opens to the laundry room. A spacious entertaining/game room features a long marble bar with glass shelves and ample space for billiards or table tennis. Sliding doors connect the space to a covered loggia with multiple seating vignettes that acts as your introduction to the backyard. Stroll over to the built-in outdoor kitchen and grill, take a dip in the oversized pool with built-in spa, relax on a lounge chair, or kick around a ball on the expansive lawn.From the seamless flow of the living spaces to the exquisite finishes, this residence offers an unparalleled living and entertaining experience. Do not miss out on this once-in-a-lifetime opportunity to live in one of the most beautiful homes in one of the highly desired locations on the Westside.

Last Agent to Sell the Property

Bjorn Farrugia

Carolwood Estates License #01864250 Listed on: 07/14/2023

Carolwood Estates

Co-Listed By

Danny Emmer

Douglas Elliman of California, Inc. License #01494115

Last Buyer's Agent

Joseph Shane Tourtelot

Compass License #01410045

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $119,051

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Front Yard
  • Property is zoned LARE15

Parking

  • 2 Car Attached Garage
  • Driveway
  • Gated Parking

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Additions or Alterations
  • Metal Roof
  • Vertical Siding
  • Stucco

Interior Spaces

  • 5,324 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa
  • Pool Cover

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4425-022-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$119,051

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Main Level
  • Living Area: 5324
  • Lot Acreage: 0.3319
  • Property Condition: Updated/Remodeled, Additions/Alter
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Built-Ins, Open Floor Plan, Living Room Balcony, Living Room Deck Attached
  • Flooring: Wood
  • Bedrooms: 6
  • Fireplaces: 0
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Bedroom Features: Master Suite, WalkInCloset, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Family Room, Family Kitchen, Dining Area, In Kitchen, Kitchen Island, Formal Dining Rm
  • Kitchen Features: Pantry, Open to Family Room, Gourmet Kitchen, Island
  • Laundry: Room, Inside
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 2065.18

Exterior Features

  • Construction: Stucco, Vertical Siding
  • Other Features: Balcony, Barbecue Private, Custom Built, Rain Gutters, Sliding Glass Doors
  • Other Structures: Other
  • Fence: Wrought Iron, Wood
  • Patio: Deck(s), Balcony, Living Room Balcony, Living Room Deck Attached, Patio Open
  • Pool Description: In Ground, Pool Cover, Private
  • Pool: Yes
  • Roof: Metal
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: City, City Lights, Coastline, Ocean, Panoramic, Peek-A-Boo, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Attached, Garage Is Attached, Gated, Driveway, Private
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4425-022-009
  • Lot Description: Fenced, Gutters, Front Yard, Landscaped
  • Lot Size Area: 14458

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Oct 24, 2023
Sold by
1656 Casale Partners Lp
Bought by
Higashi Kohei and Higashi Hiromi
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Joseph Shane Tourtelot
Compass
List Price
$11,679,000
Sold Price
$9,880,000
Premium/Discount to List
-$1,799,000
-15.4%
Views
334
Current Estimated Value
$7,859,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,020,798
Avg. Annual Appreciation
-9.04%

Purchase Details

Closed on
Jun 22, 2023
Sold by
1656 Casale Partners Lp
Bought by
1656 Casale Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,600,000
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 28, 2021
Closed on
Jan 27, 2021
Sold by
Taw Jill Henderson and Christman Laurie
Bought by
1656 Casale Partners Llc
Seller's Agent
Clifford Rowe
Compass
Buyer's Agent
Danny Emmer
Douglas Elliman of California, Inc.
List Price
$5,999,999
Sold Price
$4,950,000
Premium/Discount to List
-$1,049,999
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Original Mortgage
$3,750,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2015
Sold by
Smith Leonore G
Bought by
Survivors Trust Created Under The Smith
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Higashi Kohei $9,880,000 Lawyers Title Company
1656 Casale Partners Lp -- Lawyers Title
1656 Casale Partners Llc $4,950,000 Lawyers Title Company
Survivors Trust Created Under The Smith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1656 Casale Partners Lp $4,600,000
Previous Owner 1656 Casale Partners Llc $3,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $9,880,000 -10.1% $1,856 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $10,995,000 -5.9% $2,065 / Sq Ft
07/14/2023 07/14/23 For Sale $11,679,000 +135.9% $2,194 / Sq Ft
03/26/2021 03/26/21 Sold $4,950,000 -17.5% $1,010 / Sq Ft
01/28/2021 01/28/21 For Sale $5,999,999 -- $1,225 / 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 $119,051 $10,077,600 $9,430,308 $647,292
2024 $119,051 $9,880,000 $9,245,400 $634,600
2023 $65,976 $5,457,000 $4,437,000 $1,020,000
2022 $59,369 $5,049,000 $4,039,200 $1,009,800
2021 $5,526 $435,298 $199,754 $235,544
2020 $5,575 $430,835 $197,706 $233,129
2019 $5,367 $422,388 $193,830 $228,558
2018 $5,215 $414,107 $190,030 $224,077
2016 $4,954 $398,028 $182,651 $215,377
2015 $4,884 $392,050 $179,908 $212,142
2014 $4,907 $384,371 $176,384 $207,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-265735

The MLS

APN: 4425-022-009