NOT LISTED FOR SALE

1668 Rising Glen Rd Los Angeles, CA 90069

Hollywood Hills West Neighborhood

Estimated Value: $6,598,000 - $7,500,000

4 Beds
6.5 Baths
5,285 Sq Ft
$1,365/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $4,400,000 $833 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $44,576/month

208 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • 25,206 Sq Ft lot
  • West Hollywood Elementary School Rated A-
  • Sauna
  • Two Primary Bathrooms

About This Home

As of December 2014

Owner bought another and wants to see offers!! This perfectly maintained very large home on over half an acre of mostly flat lot is an opportunity to live in as is, remodel to taste or rebuild with views an even larger home. Located north of Thrasher above the famed Sunset Strip this gated, contemporary home sits on one of the best streets. The remodeled Chef's kitchen, formal dining room, professional grade movie theater and expansive floorplan allow you to entertain your friends in sophisticated style. Amazing backyard with pool, spa and patios add to the indoor/outdoor California lifestyle. Bring all offers!!

Last Agent to Sell the Property

Craig Knizek

The Agency License #01377932 Listed on: 03/26/2014

The Agency

Co-Listed By

James Crotts

RE/MAX Gold W. Roseville License #01382094

Last Buyer's Agent

Zachary Paul Knapp

The Agency License #01872775

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 0.58 Acre Lot
  • Gated Home
  • Property is zoned LARE15

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,285 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Den with Fireplace
  • Sun or Florida Room
  • Sauna
  • Canyon Views
  • Laundry Room

Kitchen

  • Convection Oven
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Powder Room
  • Bidet

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5561-022-005

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 5285
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed, Parquet, Tile
  • Appliances: Convection Oven
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Bidet, Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 884.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5561-022-005
  • Geocode Override: No
  • Lot Size Area: 25206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2018
Sold by
Lee Stan and Lee Family 1985 Trust
Bought by
Lee Joan Celia
Current Estimated Value
$7,213,819

Purchase Details

Closed on
Oct 1, 2014
Sold by
Zalben Norman and The Norman Zalben Trust Of 200
Bought by
The Lee Family 1985 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
2.72%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 29, 2009
Sold by
Zalben Norman
Bought by
Zalben Norman and The Norman Zalben Trust Of 200

Purchase Details

Closed on
Feb 22, 2005
Sold by
Loeb John L and Manning Jerome A
Bought by
Zalben Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,935,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2001
Sold by
Besson George
Bought by
Loeb John L and Manning Jerome A

Purchase Details

Closed on
Jan 1, 1996
Sold by
American Custody Corp
Bought by
Besson George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
7.18%

Purchase Details

Closed on
Sep 14, 1995
Sold by
Lasry Paul and Lasry Jacqueline
Bought by
American Custody Corp and Asset Management Inc

Purchase Details

Closed on
May 23, 1995
Sold by
Lasry Paul and Lasry Jacqueline
Bought by
Stuart Gregory
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Joan Celia -- None Available
The Lee Family 1985 Trust -- First American Title
Zalben Norman -- None Available
Zalben Norman -- Equity Title
Loeb John L -- United Title Company
Besson George $885,000 Chicago Title Co
American Custody Corp $700,000 Chicago Title Co
Stuart Gregory -- --
Hunter C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Lee Family 1985 Trust $1,400,000
Previous Owner Zalben Norman $1,935,000
Previous Owner Besson George $663,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $4,400,000 -5.9% $833 / Sq Ft
07/29/2014 07/29/14 Price Changed $4,675,000 -6.5% $885 / Sq Ft
06/18/2014 06/18/14 Price Changed $4,999,999 -9.0% $946 / Sq Ft
04/24/2014 04/24/14 Price Changed $5,495,000 -8.3% $1,040 / Sq Ft
03/26/2014 03/26/14 For Sale $5,995,000 -- $1,134 / 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 $79,560 $6,687,017 $5,606,082 $1,080,935
2024 $79,560 $6,555,900 $5,496,159 $1,059,741
2023 $78,003 $6,427,354 $5,388,392 $1,038,962
2022 $74,376 $6,301,329 $5,282,738 $1,018,591
2021 $73,491 $6,177,774 $5,179,155 $998,619
2019 $71,208 $5,994,540 $5,025,540 $969,000
2018 $56,158 $4,647,569 $3,718,056 $929,513
2016 $53,698 $4,467,100 $3,573,680 $893,420
2015 $52,905 $4,400,000 $3,520,000 $880,000
2014 $45,449 $3,697,104 $2,933,694 $763,410
Source: Public Records

Agents Affiliated with this Home

  • Craig Knizek

    Seller's Agent in 2014

    Craig Knizek

    The Agency

    (818) 618-1006

    3 in this area

    119 Total Sales

    Craig Knizek
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    James Crotts

    RE/MAX Gold W. Roseville

  • B

    Seller Co-Listing Agent in 2014

    Brent Friedland

  • Z

    Buyer's Agent in 2014

    Zachary Paul Knapp

    The Agency

    Section Image
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Map

Source: The MLS

MLS Number: 14-747041

The MLS

APN: 5561-022-005

California Los Angeles County Los Angeles 90069 Hollywood Hills West

1668 Rising Glen Rd, Los Angeles, CA

Not Listed for Sale

Detached

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