NOT LISTED FOR SALE

Estimated Value: $4,569,000 - $7,627,988

5 Beds
5 Baths
4,966 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $13,900,000 $2,799 Per Sq Ft

Current estimated payment $36,444/month

347 Days on Market

Highlights

  • Coastline Views
  • Heated In Ground Pool
  • 2.7 Acre Lot
  • West Hollywood Elementary School Rated A-
  • Gated Parking
  • No HOA

About This Home

As of March 2023

Situated in a prime BHPO location in a world of its own up a gated, private driveway, the most significant development opportunity awaits. This incredible property is comprised of three lots sitting on a promontory with jaw-dropping 360 degree views. An opportunity of this magnitude has nearly endless possibilities to showcase one of the best unobstructed views in Los Angeles with over 2.7 acres of land. A true spectacle for the discerning buyer with the creativity to imagine their dream home on the most impressive lot available in Los Angeles.

Last Agent to Sell the Property

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 03/21/2022

Christie's International Real Estate SoCal

Last Buyer's Agent

David Bailey

Keller Williams Beverly Hills License #01018078

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,534

Lot Details

  • 2.7 Acre Lot
  • Lot Dimensions are 99x149
  • Property is zoned LARE40

Property Views

  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Dishwasher

Parking

  • 4 Car Garage
  • Carport
  • Driveway
  • Gated Parking

Pool

  • Heated In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4352-004-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,534

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Lot Acreage: 2.7000
  • Lot Dimensions: 99x149
  • Stories: 1
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Dishwasher, Built-Ins

Exterior Features

  • Other Structures: Other
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa Yn: No
  • View: Catalina, Coastline, City Lights, City, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Gated, Carport, Driveway

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4352-004-015
  • Lot Description: 2-4 Lots
  • Lot Size Area: 119469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Mar 9, 2023
Sold by
1670 Gilcrest Llc
Bought by
Gilcrest Llc
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
David Bailey
Keller Williams Beverly Hills
List Price
$27,995,000
Sold Price
$13,900,000
Premium/Discount to List
-$14,095,000
-50.35%
Views
237
Current Estimated Value
$5,961,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,938,503
Avg. Annual Appreciation
-25.50%

Purchase Details

Closed on
Feb 3, 2005
Sold by
Dejoria John Paul
Bought by
1670 Gilcrest Llc
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
Gilcrest Llc $13,900,000 Ticor Title
1670 Gilcrest Llc -- California Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $13,900,000 -24.8% $2,799 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $18,495,000 -11.7% $3,724 / Sq Ft
07/19/2022 07/19/22 Price Changed $20,950,000 -16.0% $4,219 / Sq Ft
06/15/2022 06/15/22 Price Changed $24,950,000 -10.9% $5,024 / Sq Ft
03/21/2022 03/21/22 For Sale $27,995,000 -- $5,637 / 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 $59,534 $4,993,920 $3,121,200 $1,872,720
2024 $59,534 $4,896,000 $3,060,000 $1,836,000
2023 $63,231 $5,205,075 $3,262,385 $1,942,690
2022 $60,297 $5,103,016 $3,198,417 $1,904,599
2021 $59,575 $5,002,957 $3,135,703 $1,867,254
2019 $57,713 $4,854,569 $3,042,698 $1,811,871
2018 $57,463 $4,759,383 $2,983,038 $1,776,345
2016 $54,951 $4,574,572 $2,867,204 $1,707,368
2015 $54,139 $4,505,858 $2,824,136 $1,681,722
2014 $43,064 $3,497,000 $2,192,000 $1,305,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-130989

The MLS

APN: 4352-004-015