NOT LISTED FOR SALE

Estimated Value: $6,737,000 - $9,010,060

6 Beds
10 Baths
9,956 Sq Ft
$799/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2016

Last sale price $8,000,000 $804 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $48,231 / mo

Highlights

  • Wine Cellar
  • Heated Infinity Pool
  • City Lights View
  • Home Theater
  • Gated Parking
  • 33,729 Sq Ft lot

About This Home

As of May 2016

Resting on a rare flat promontory in the Mount Olympus enclave of Hollywood Hills, this gated Mediterranean villa of magnificent scale offers luxurious resort living with stunning panoramic vistas. Beyond the stately faade, a grand double-height foyer with cascading dual staircases leads into the sumptuous living room featuring soaring ceilings and formal dining room. An expansive great room boasts a chef's kitchen with top-of-the-line Miele and Wolf appliances, breakfast area and adjoining sitting room. Seven en-suite bedrooms boast hardwood floors and balconies, including a sprawling master with dual spa-grade baths, dual walk-in closets, a study and private sundeck. An infinity pool and spa, putting green, lawn, and patio with a kitchen and fireplace offer a spectacular indoor-outdoor lifestyle year-round against sweeping canyon and city-to-ocean views. A theater, wine lounge, 6-car gallery, smart home automation and solar panels complete this European coastal-inspired estate.

Last Agent to Sell the Property

Paul Lester

The Agency License #01338925 Listed on: 09/22/2015

The Agency

Co-Listed By

Aileen Comora

The Agency License #01002982

Last Buyer's Agent

Jacob Rosenblum

Jacob Rosenblum License #AT034017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 33,729 Sq Ft Lot
  • Property is zoned LARE40

Property Views

  • City Lights
  • Canyon
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 9,956 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Dining Area
  • Home Theater
  • Den with Fireplace
  • Home Gym
  • Breakfast Area or Nook
  • Alarm System
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Car Attached Garage
  • Gated Parking

Pool

  • Heated Infinity Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5569-035-010

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0.77 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 9956
  • Stories: 3
  • Year Built: 2012
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Exterior, Family Room, Fire Pit
  • Bedrooms: 6
  • Fireplaces: 4
  • Full Bathroom: 7
  • Half Bathroom: 3
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 10.00
  • Equipment: Alarm System, Built-Ins, Elevator
  • Fireplace: Yes
  • Price Per S Q F T: 878.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Negative Edge/Infinity Pool
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage, Garage - 4+ Car, Gated

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5569-035-010
  • Geocode Override: No
  • Lot Size Area: 33729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
Madna
Bought by
Madna
Current Estimated Value
$7,277,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.58%

Purchase Details

Closed on
Jul 11, 2017
Sold by
Madnani Stephanie Amber
Bought by
Madnani Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2016
Sold by
Shlimovich Yakov
Bought by
Madnani Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2009
Sold by
Shlimovich Yakov
Bought by
Shlimovich Yakov and Vradiy Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2008
Sold by
Fabbio Kristina
Bought by
Fabbio Luciano

Purchase Details

Closed on
May 22, 2008
Sold by
Fabbio Luciano
Bought by
Shlimovich Yakov and Vradiy Tatyana

Purchase Details

Closed on
Oct 7, 2005
Sold by
Narghizian Zareh
Bought by
Fabbio Luciano

Purchase Details

Closed on
Jun 11, 1999
Sold by
Lin Danny T
Bought by
Furla George S
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
Madna -- --
Madnani Sean -- Equity Title Los Angeles
Madnani Sean $8,000,000 Equity Title Company
Shlimovich Yakov -- Fidelity National Title Insu
Fabbio Luciano -- Old Republic Title
Shlimovich Yakov $1,350,000 Old Republic Title
Fabbio Luciano -- None Available
Fabbio Luciano -- None Available
Furla George S $575,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Madna --
Previous Owner Madnani Sean $6,000,000
Previous Owner Madnani Sean $6,000,000
Previous Owner Shlimovich Yakov $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $8,000,000 -8.6% $804 / Sq Ft
04/15/2016 04/15/16 For Sale $8,750,000 -- $879 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
Source: The MLS

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 $112,597 $9,470,374 $6,734,503 $2,735,871
2024 $112,597 $9,284,681 $6,602,454 $2,682,227
2023 $110,390 $9,102,630 $6,472,995 $2,629,635
2022 $105,243 $8,924,148 $6,346,074 $2,578,074
2021 $103,988 $8,749,166 $6,221,642 $2,527,524
2019 $100,783 $8,489,662 $6,037,105 $2,452,557
2018 $100,352 $8,323,199 $5,918,731 $2,404,468
2016 $36,915 $3,042,763 $1,497,934 $1,544,829
2015 $36,375 $2,997,059 $1,475,434 $1,521,625
2014 $36,486 $2,938,352 $1,446,533 $1,491,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-115838

The MLS

APN: 5569-035-010

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