NOT LISTED FOR SALE

Estimated Value: $3,620,000 - $5,264,000

3 Beds
4 Baths
3,965 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $4,150,000 $1,047 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $28,336/month

14 Days on Market

Highlights

  • Guest House
  • Barn
  • In Ground Pool
  • Herbert Hoover High School Rated A-
  • Horse Property
  • Custom Home

About This Home

As of December 2021

This one of a kind, trophy property is now on the market for the first time in almost 38 years. Formerly owned by Oscar nominated actor Ralph Bellamy, this quintessential California ranch compound is located in the heart of Glendale's equestrian community, and offers exceptional amenities to both horse lovers and those who simply value ample space and calming park-like privacy. Adjacent to Griffith Park and its 60 miles of riding and walking trails, this estate spans roughly 1.5 acres. An iron entry gate and 300 foot long grandfathered wall provide unequalled privacy and easy trailer access to its motor court and four car garage. Four covered stables are complimented by a large barn & tack storage room. A sprawling 100' by 90' horse riding arena provides ample room for on-site exercise. The 3965 square foot residence captures breathtaking views of the hills of Griffith Park. The main residence features a large, oak appointed living room with wood burning fireplace and a spacious Western-style bar and dining room, which also features its own wood burning fireplace, for festive social gatherings. The kitchen boasts two vintage Western Holly ovens and finely crafted finishes. It leads to a connected Guest Residence which can comfortably accommodate a home office. Only the highest quality materials were used throughout the property, making it a home of refinement and comfort. You can also retreat outdoor to your own private park-like backyard paradise complete with pool, spa, mature fruit trees and privacy hedges for tranquil seclusion. It's close to Glendale's award winning school district & only minutes away from The Americana's upscale shopping, dining and entertainment, downtown LA, major studios as well as Toluca Lake, Pasadena, La Caada & Silver Lake. This is a truly special home. Seize this rare opportunity to own the home you've always dreamed of.

Last Agent to Sell the Property

Naira Khnkoyan

Platinum Realty Group Inc License #01257038 Listed on: 10/21/2021

Last Buyer's Agent

Tregg Rustad

Rodeo Realty License #01349144

Rodeo Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 1.25 Acre Lot
  • Wrought Iron Fence
  • Privacy Fence
  • Sprinkler System
  • Value in Land
  • Property is zoned GLR1HY

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Automatic Gate

Home Design

  • Custom Home
  • Ranch Style House
  • Raised Foundation
  • Wood Product Walls
  • Copper Plumbing

Interior Spaces

  • 3,965 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Horse Property
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Guest House
  • Barn
  • Horse Property Improved

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5626006006

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate, Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Not Applicable-626
  • View: Yes
  • Zoning: GLR1HY
  • Architectural Style: Ranch, Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5626006006
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3965.00
  • Interior Amenities: High Ceilings, Copper Plumbing Full, Beamed Ceilings, Cathedral Ceiling(s), Wet Bar, Wood Product Walls
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Family Room
  • Levels: Two
  • Price Per Square Foot: 1046.66
  • Room Type: Den, Entry, Family Room, Formal Entry, Great Room, Living Room, Master Bedroom, Office, Retreat, Walk-In Closet
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Barn(s), Guest House
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Privacy, Wrought Iron
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 14.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Horse Property Improved, Horse Property, Ranch, Sprinkler System, Value In Land
  • Lot Size Sq Ft: 54425.00
  • Lot Size Acres: 1.2494

Multi Family

  • Lease Considered: No
  • Lot Size Area: 54425.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Oren And Zihla Arbit Family Trust
Bought by
Arbil Ranch Llc
Current Estimated Value
$4,650,444

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 8, 2021
Sold by
Kathleen E Hobson Trust and Fashaw Kathleen E
Bought by
Oren & Zihla Arbit Family Trust and Arbit
Seller's Agent
Naira Khnkoyan
Platinum Realty Group Inc
Buyer's Agent
Tregg Rustad
Rodeo Realty
List Price
$3,995,000
Sold Price
$4,150,000
Premium/Discount to List
$155,000
3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%

Purchase Details

Closed on
Aug 1, 2017
Sold by
Fashaw Kathleen E
Bought by
Fashaw Kathleen E and The Kathleen E Hobson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2009
Sold by
Hobson Kathleen E and Jeffrey B Hobson Trust
Bought by
Hobson Kathleen E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arbil Ranch Llc -- None Listed On Document
Oren & Zihla Arbit Family Trust $4,150,000 Equity Title
Fashaw Kathleen E -- Fidelity National Title
Hobson Kathleen E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fashaw Kathleen E $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $4,150,000 +3.9% $1,047 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $3,995,000 -- $1,008 / 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 $47,642 $4,421,700 $3,095,190 $1,326,510
2024 $47,642 $4,335,000 $3,034,500 $1,300,500
2023 $46,286 $4,233,000 $3,570,000 $663,000
2022 $45,488 $4,150,000 $3,500,000 $650,000
2021 $10,421 $914,557 $516,802 $397,755
2019 $10,030 $887,432 $501,474 $385,958
2018 $9,661 $870,033 $491,642 $378,391
2016 $9,207 $836,250 $472,551 $363,699
2015 $8,412 $767,132 $465,453 $301,679
2014 $8,360 $752,106 $456,336 $295,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320008144

California Regional Multiple Listing Service (CRMLS)

APN: 5626-006-006