$3,490,000
SOLD JUL 26, 2017
3 Beds
4 Baths
2,800 Sq Ft
0.58 Acres

Recently Sold

$1,246 Per Sq Ft

8% Below List Price

Highlights

  • Ocean View
  • Detached Guest House
  • 25,181 Sq Ft lot
  • Wonderland Avenue Elementary Rated A
  • In Ground Pool
  • Living Room with Fireplace

About This Home

As of September 2024

Overlooking the city, on its own pvt promontory is this spectacular over 25,000 sq. ft. lot w/unobstructed 320 views! Up a long, gated drive & enveloped in pvcy, this is the ultimate setting to build a dramatic trophy prop. Rivaling the most prestigious view sites in Trousdale or the Bird St. - views span the city's most iconic landmarks frm the Hollywood Sign & the Griffith Observatory to the skyscrapers of DTLA, to the ocean & beyond. Whether you move right in, expand, or redevelop, this is truly the opportunity of a lifetime! The current hme feat. beautiful detailing, wd beamed ceilings, a charming din rm, a romantic step down lvg rm & a cozy den. The upstairs mstr bdrm boasts an expansive pvt patio to relax & soak in the awe inspiring views. The prop encompasses a motor crt, a sparkling pl & a dctd gst hse. A secluded oasis that's only mins. to the Sunset Strip & w/all of the vivacity that comes from home w/timeless architecture feat. an 18,000 sq. ft. home ready for you to build!

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 04/21/2017

Compass

Co-Listed By

Nicole Plaxen

The Beverly Hills Estates License #01772151

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,250

Year Built

  • Built in 1932

Lot Details

  • 0.58 Acre Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 4 Full Bathrooms

Parking

  • 5 Car Attached Garage
  • Detached Carport Space
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5567-014-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,250

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2800
  • Stories: 2
  • Year Built: 1932
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1355.36

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Carport Detached, Driveway - Concrete, Garage - 3 Car, Garage Is Detached
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5567-014-059
  • Geocode Override: No
  • Lot Size Area: 25181

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 31, 2024
Sold by
Darbinyan Vartan
Bought by
Davies Way Trust and Adair
Seller's Agent
Stephen Sweeney
The Beverly Hills Estates
Buyer's Agent
Rick Tyberg
Douglas Elliman
List Price
$10,995,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,995,000
-18.14%
Views
281
Current Estimated Value
$6,631,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,368,052
Avg. Annual Appreciation
-29.60%
Original Mortgage
$3,500,000
Outstanding Balance
$3,475,554
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$3,156,394

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 6, 2017
Sold by
Akeiva Yulla
Bought by
Darbinyan Vartan
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,795,000
Sold Price
$3,490,000
Premium/Discount to List
-$305,000
-8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%

Purchase Details

Closed on
Apr 17, 2017
Sold by
Sunset Legacy Holdings I Llc
Bought by
Darbinyan Vartan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,805,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2016
Sold by
Goget Properties Lp
Bought by
2035 Davies Way Lp

Purchase Details

Closed on
Apr 27, 2016
Sold by
Thomas James Capital Inc
Bought by
Sunset Legacy Holdings I Llc

Purchase Details

Closed on
Jun 12, 2015
Sold by
Christian David and Helmond Katherine
Bought by
Thomas James Capital Inc and Goget Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2012
Sold by
Christian David and Helmond Katherine
Bought by
Christian David and Helmond Katherine

Purchase Details

Closed on
Jun 3, 2009
Sold by
Helmond Katherine
Bought by
Helmond Katherine and Christian David
Source: Public Records

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Range of Values:

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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 $9,000,000 Chicago Title Company
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $3,490,000 Provident Title Company
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $3,075,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Previous Owner $2,805,000 Unknown
Previous Owner $2,617,500 New Conventional
Previous Owner $2,720,000 Purchase Money Mortgage
Previous Owner $1,800,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $847,000 Unknown
Previous Owner $853,000 Unknown
Previous Owner $853,000 Unknown
Previous Owner $850,000 Unknown
Previous Owner $11,500 Small Business Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $9,000,000 -18.1% $3,214 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $10,995,000 +215.0% $3,927 / Sq Ft
07/26/2017 07/26/17 Sold $3,490,000 -8.0% $1,246 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $3,795,000 -- $1,355 / 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
2024 $47,250 $3,893,156 $3,002,863 $890,293
2023 $46,326 $3,816,821 $2,943,984 $872,837
2022 $44,183 $3,741,982 $2,886,259 $855,723
2021 $43,913 $3,668,611 $2,829,666 $838,945
2019 $42,276 $3,559,800 $2,745,738 $814,062
2018 $42,168 $3,490,000 $2,691,900 $798,100
2016 $40,074 $3,075,000 $2,256,400 $818,600
2015 $9,912 $809,261 $444,711 $364,550
2014 $9,955 $793,409 $436,000 $357,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-222974

The MLS

APN: 5567-014-059