NOT LISTED FOR SALE

Estimated Value: $5,753,000 - $35,941,058

7 Beds
13 Baths
15,642 Sq Ft
$1,333/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $33,850,670 $2,164 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $151,239/month

107 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Dining Room with Fireplace
  • Attached Guest House
  • 60,469 Sq Ft lot
  • Traditional Architecture

About This Home

As of May 2018

This Exquisite home reminiscent of the great manor homes of 18th century England resides on over an acre of land in the Pacific Palisades Riviera. Captivating views include the Pacific Ocean, downtown skyscrapers, San Gabriel Mountains, & Getty Museum. This home has a traditional floor plan w/ center entrance hall, gracious Living room, large gallery, library, formal dining room, eat-in chefs kitchen & butler's pantry, wood paneled family room & breakfast room, lavish master suite, state-of- the- art theatre, gym, staff quarters w/separate kitchen, offices, play room, pool, spa, including 7 beds & 13 baths. Spacious gardens w/ commanding views are ideal for entertaining & cozy private porches w/ hidden patios create a rambling wonderment of elegant living. This crme de la crme estate is for the most discerning buyer. This is the JEWEL of the RIVIERA.

Last Agent to Sell the Property

Elisabeth Halsted

Berkshire Hathaway HomeServices California Properties License #01434953 Listed on: 01/20/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Joyce Rey

Coldwell Banker Realty License #00465013

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $451,805

Year Built

  • Built in 2005

Lot Details

  • 1.39 Acre Lot
  • Gated Home
  • Property is zoned LARE20

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 15,642 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Home Office
  • Library with Fireplace
  • Home Gym
  • Alarm System
  • Basement

Kitchen

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

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Powder Room
  • 13 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Attached Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4425-024-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$451,805

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 15642
  • Stories: 2
  • Year Built: 2005
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Exterior, Family Room, Library, Wood Burning
  • Flooring: Hardwood, Mixed, Stone, Tile
  • Appliances: Built-Ins, Oven, Range
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 13
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 13.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2429.36

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Canyon, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Door Opener, Garage

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4425-024-025
  • Geocode Override: No
  • Lot Size Area: 60469

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2020
Sold by
San Remo Estates Llc
Bought by
Simon Porntip Bui and Bui Trust
Current Estimated Value
$20,847,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,019,761
Outstanding Balance
$17,639,906
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$4,534,402

Purchase Details

Listed on
Jan 20, 2018
Closed on
May 11, 2018
Sold by
King Jena
Bought by
San Remo Estates Llc
Seller's Agent
Elisabeth Halsted
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Joyce Rey
Coldwell Banker Realty
List Price
$38,000,000
Sold Price
$33,850,670
Premium/Discount to List
-$4,149,330
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.65%

Purchase Details

Closed on
Feb 14, 2017
Sold by
King Jena
Bought by
King Jena and Jena King Trust

Purchase Details

Closed on
Feb 10, 2009
Sold by
King Michael G and King Jena L
Bought by
King Michael Gordon

Purchase Details

Closed on
Mar 5, 2002
Sold by
Gradstein Henry D and Gradstein Donna L
Bought by
King Michael G
Source: Public Records

Range of Values:

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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
Simon Porntip Bui -- Orange Coast Title Co
San Remo Estates Llc $33,851,000 Lawyers Title
King Jena -- None Available
King Jena -- None Available
King Michael Gordon -- None Available
King Michael G -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Porntip Bui $20,019,761
Previous Owner San Remo Estates Llc $20,310,402
Previous Owner Gradstein Henry D $1,000,000
Previous Owner Gradstein Henry D $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $33,850,670 -10.9% $2,164 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $38,000,000 -- $2,429 / 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 $451,805 $38,305,610 $34,477,193 $3,828,417
2024 $451,805 $37,554,520 $33,801,170 $3,753,350
2023 $442,867 $36,818,157 $33,138,402 $3,679,755
2022 $421,970 $36,096,233 $32,488,630 $3,607,603
2021 $417,135 $35,388,465 $31,851,599 $3,536,866
2020 $423,898 $35,218,236 $33,292,800 $1,925,436
2019 $406,685 $34,527,683 $32,640,000 $1,887,683
2018 $211,062 $17,566,794 $12,983,577 $4,583,217
2016 $202,013 $16,884,656 $12,479,410 $4,405,246
2015 $199,014 $16,631,034 $12,291,958 $4,339,076
2014 $199,518 $16,305,256 $12,051,176 $4,254,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-304124

The MLS

APN: 4425-024-025