$8,900,000
SOLD DEC 6, 2024
3 Beds
3 Baths
2,948 Sq Ft
1.56 Acres

Recently Sold

$3,019 Per Sq Ft

11% Below List Price

69 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Den with Fireplace
  • 1.56 Acre Lot
  • No HOA
  • Breakfast Area or Nook

About This Home

As of December 2024

For the first time ever on the market, this incredible gated estate in lower Mandeville Canyon offers a rare opportunity to create your dream home. Nestled on a private road, the property boasts unobstructed panoramic views of the ocean, city, and hills. Whether you choose to refurbish the existing home or build anew, the large flat lot provides endless possibilities. Owned by the original owners, this serene setting is just moments from scenic hiking trails and the vibrant shops and restaurants on San Vicente Blvd. Plus, with easy access to the 405, this location is truly unbeatable. Don’t miss this once-in-a-lifetime chance to own a piece of paradise!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group Brokerage Email: brad@bradkorb.com License #00698730 Listed on: 08/28/2024

Co-Listed By

Courtney Korb

Brad Korb Real Estate Group Brokerage Email: brad@bradkorb.com License #01889961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,762

Year Built

  • Built in 1964

Lot Details

  • 1.56 Acre Lot
  • Back Yard
  • Property is zoned LARE20

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Up Slope from Street

Property Views

  • Ocean
  • City Lights
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,948 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 7257
  • Assessor Parcel Number 4432012011
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,762

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARE20
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4432012011
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2948.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Den, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3019.00
  • Room Type: Den, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Ocean
  • Patio And Porch Features: Enclosed, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Up Slope from Street
  • Lot Size Sq Ft: 68039.00
  • Lot Size Acres: 1.5620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 68039.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2624.00
  • Tax Lot: 4
  • Tax Tract Number: 7257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 11, 2024
Sold by
A And A Vogel Living Trust and Vogel Mark Warde
Bought by
Qweens Landing Llc
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$9,999,999
Sold Price
$8,900,000
Premium/Discount to List
-$1,099,999
-11%
Views
36
Current Estimated Value
$8,431,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$468,101
Avg. Annual Appreciation
-1.85%

Purchase Details

Closed on
Dec 21, 2021
Sold by
Vogel Alice
Bought by
Vogel Mark Warde and The A And A Vogel Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2019
Sold by
Vogel Alvin R and Vogel Alice
Bought by
Vogel Mark Warde
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 Type Sale Price Title Company
Grant Deed $8,900,000 Fidelity National Title
Grant Deed $8,900,000 Fidelity National Title
Interfamily Deed Transfer -- Amrock Llc
Interfamily Deed Transfer -- Amrock Llc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $8,900,000 -11.0% $3,019 / Sq Ft
11/06/2024 11/06/24 For Sale $9,999,999 +12.4% $3,392 / Sq Ft
09/25/2024 09/25/24 Off Market $8,900,000 -- --
08/28/2024 08/28/24 For Sale $9,999,999 -- $3,392 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,762 $8,900,000 $8,800,000 $100,000
2024 $3,762 $248,903 $116,064 $132,839
2023 $3,707 $244,024 $113,789 $130,235
2022 $3,570 $239,240 $111,558 $127,682
2021 $3,511 $234,550 $109,371 $125,179
2020 $3,536 $232,146 $108,250 $123,896
2019 $3,422 $227,595 $106,128 $121,467
2018 $3,020 $223,134 $104,048 $119,086
2016 $2,864 $214,470 $100,008 $114,462
2015 $2,826 $211,249 $98,506 $112,743
2014 $2,875 $207,112 $96,577 $110,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24176966

California Regional Multiple Listing Service (CRMLS)

APN: 4432-012-011