NOT LISTED FOR SALE

Estimated Value: $5,078,000 - $7,196,000

6 Beds
8 Baths
6,588 Sq Ft
$978/Sq Ft Est. Value

Last Sold October 10, 2021

Last sale price $5,700,000 $865 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $41,047/month

Highlights

  • Attached Guest House
  • Projection Room
  • Gourmet Kitchen
  • Coastline Views
  • Heated In Ground Pool
  • 1.82 Acre Lot

About This Home

As of April 2023

Insane jetliner views!!! Perched above the Sunset Strip showcasing unobstructed 270 degree city views in its entirety, this one-of-a-kind trophy compound is not to be missed! Situated at the end of a prestigious gated private street with close proximity to hiking trails, this Hollywood Hills oasis epitomizes sophistication and all-inclusive living. Perfect for entertaining, this property features a great floor plan with 6 ensuite bedrooms with patios, 8 bathrooms, a movie theater, attached guest house and a spacious 6-car garage. Enjoy the pool, spa and poolside barbecue while overlooking the entire city of Los Angeles and the Pacific Ocean.

Last Agent to Rent the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 03/06/2023

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,042

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 1.82 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Wrought Iron Fence
  • Privacy Fence
  • Secluded Lot
  • Sprinklers on Timer
  • Hillside Location
  • Back Yard
  • Property is zoned LARE15

Parking

  • 6 Car Garage
  • 2 Open Parking Spaces
  • Automatic Gate
  • Guest Parking

Property Views

  • Coastline
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Pool

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Turnkey
  • Clay Roof

Interior Spaces

  • 6,588 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Projection Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • Studio bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Intercom
  • Smart Home
  • Alarm System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Fire Pit
  • Outdoor Grill
  • Wrap Around Porch

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Community Details

  • Billiard Room

Listing and Financial Details

  • Security Deposit $117,000
  • 12 Month Lease Term
  • Assessor Parcel Number 5571-027-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,042

Year Built

Built in 2002 | Remodeled

Lot Details

0

Parking

6

Rental Info

  • Furnished: Furnished
  • Security Deposit: 117000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Lease Terms: 1+Year
  • Living Area: 6588
  • Lot Acreage: 1.8165
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2002
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting, Built-Ins, Home Automation System, Turnkey, Storage Space
  • Fireplace Rooms: Living Room, Master Retreat, Patio, Fire Pit
  • Flooring: Hardwood, Carpet, Mixed
  • Appliances: Oven, Range, Range Hood, Built-Ins, Built-In Gas
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Bedroom Features: Dressing Area, Master Bedroom, Master Retreat, WalkInCloset, Ground Floor Master, Main Floor Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Powder Room, Shower and Tub, Travertine
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen, Breakfast Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Counter Top, Island, Granite Counters
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Alarm System, Bar Ice Maker, Barbeque, Built-Ins, Cable, Dishwasher, Freezer, Ice Maker, Intercom, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator, Dryer
  • Price Per S Q F T: 6.83

Exterior Features

  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+)
  • Other Structures: GuestHouse
  • Fence: Wrought Iron, Privacy
  • Guest House: Attached
  • Patio: Deck(s), Enclosed, Living Room Balcony, Living Room Deck Attached, Wrap Around Porch
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Roof: Clay, Tile
  • Spa: Private, Heated, In Ground
  • Spa Yn: Yes
  • View: City, City Lights, Panoramic, Hills, Tree Top, Coastline, Canyon, Pool, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 2
  • Covered Parking: 6
  • Parking Garage: Private, Private Garage, Parking for Guests - Onsite, Parking for Guests, Garage, Garage - 4+ Car
  • Total Parking: 8

Utilities

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

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 5571-027-013
  • Lot Description: Exterior Security Lights, Automatic Gate, Street Paved, Secluded, Back Yard
  • Lot Location: Hillside, Private Road
  • Lot Size Area: 79128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 25, 2021
Sold by
Randall C Wolf Separate Property Trust and Wolf Randall C
Bought by
1924 Wattles Llc
Seller's Agent
Brett Oppenheim
Oppenheim Real Estate
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$6,499,000
Sold Price
$5,700,000
Premium/Discount to List
-$799,000
-12.29%
Current Estimated Value
$6,443,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,990
Avg. Annual Appreciation
3.20%
Original Mortgage
$4,130,000
Outstanding Balance
$3,757,987
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,686,003

Purchase Details

Closed on
Feb 19, 2016
Sold by
Wolf Randall C
Bought by
Wolf Randall C and Randall C Wolf Separate Property Trust

Purchase Details

Closed on
Dec 6, 2007
Sold by
Hudson Saul and Hudson Perla
Bought by
Wolf Randall C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,721,250
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2005
Sold by
Lazar Lawrence and The Lawrence Lazar Living Trus
Bought by
Hudson Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
1924 Wattles Llc $5,695,000 Fidelity National Title
Wolf Randall C -- None Available
Wolf Randall C -- Fidelity National Title
Hudson Saul -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1924 Wattles Llc $4,130,000
Previous Owner Wolf Randall C $3,721,250
Previous Owner Hudson Saul $4,000,000
Previous Owner Lazar Lawrence $200,000
Previous Owner Lazar Lawrence $2,035,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Rented $45,000 +15.4% --
03/06/2023 03/06/23 For Rent $39,000 0.0% --
11/08/2021 11/08/21 For Sale $6,499,000 +14.0% $986 / Sq Ft
10/10/2021 10/10/21 Sold $5,700,000 0.0% $865 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/05/2021 10/05/21 Off Market $5,700,000 -- --
06/02/2021 06/02/21 For Sale $6,499,000 -- $986 / 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 $72,042 $6,043,578 $4,987,677 $1,055,901
2024 $72,042 $5,925,078 $4,889,880 $1,035,198
2023 $70,635 $5,808,900 $4,794,000 $1,014,900
2022 $67,360 $5,695,000 $4,700,000 $995,000
2021 $82,500 $6,947,224 $6,079,585 $867,639
2019 $79,939 $6,741,167 $5,899,262 $841,905
2018 $79,622 $6,608,989 $5,783,591 $825,398
2016 $76,169 $6,352,356 $5,559,008 $793,348
2015 $55,695 $4,634,000 $4,055,600 $578,400
2014 $56,980 $4,634,000 $4,055,600 $578,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-247959

The MLS

APN: 5571-027-013