NOT LISTED FOR SALE

Estimated Value: $7,686,000

6 Beds
8 Baths
9,288 Sq Ft
$828/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $22,500,000 $2,422 Per Sq Ft

Current estimated payment $59,211/month

66 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Franklin Elementary School Rated A+
  • Gourmet Kitchen
  • Panoramic View

About This Home

As of December 2023

Nestled in one of Los Angeles's most famous architectural enclaves; Santa Monica's highly sought after La Mesa Drive, sits this contemporary Architectural masterpiece designed by Peter Choate. With its high vaulted ceilings, walls of glass and overlooking the Riviera Country Club, with breathtaking views of the golf course and the Santa Monica mountains, this estate holds unrivaled pedigree. An entertainer's paradise, the property offers an outstanding living area with the most decadent scale and volume, five extremely generous all in suit bedrooms which all come with lounging areas, a full size movie theater, a bar, a gourmet kitchen and a dreamy outdoor space including a pool and a spa. Attached is also included an additional guest or service suite. No details have been left behind in making this property a truly one of a kind, once in a lifetime opportunity. This masterpiece is unparalleled and the ultimate hallmark of sophisticated and luxury living.

Last Agent to Sell the Property

Delaram Rivani

Carolwood Estates License #01939492 Listed on: 09/11/2023

Carolwood Estates

Last Buyer's Agent

Delaram Rivani

Carolwood Estates License #01939492 Listed on: 09/11/2023

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $207,987

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100x155
  • Gated Home
  • Sprinkler System
  • Property is zoned SMR1*

Property Views

  • Panoramic
  • Golf Course
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 9,288 Sq Ft Home
  • 2-Story Property
  • Bar
  • High Ceiling
  • Sliding Doors
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Den
  • Bonus Room
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Ice Maker
  • Marble Countertops

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Double Vanity

Home Security

  • Security Lights
  • Alarm System

Parking

  • 2 Car Attached Garage
  • Automatic Gate
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4407-018-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$207,987

Year Built

Built in 1981 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 9288
  • Lot Acreage: 0.5300
  • Lot Dimensions: 100x155
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1981
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar
  • Fireplace Rooms: Living Room
  • Flooring: Marble, Carpet, Hardwood
  • Bedrooms: 6
  • Fireplaces: 1
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Bedroom Features: Ground Floor Master, Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Gourmet Kitchen, Marble Counters, Remodeled
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Alarm System, Bar Ice Maker, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 3122.31

Exterior Features

  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+), Sliding Glass Doors, Sprinkler System
  • Other Structures: None
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Golf Course, Hills, Panoramic
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Covered Parking, Controlled Entrance, Garage - 2 Car, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4407-018-006
  • Lot Description: Automatic Gate, Exterior Security Lights, Sidewalks, Fenced
  • Lot Size Area: 23086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Nov 20, 2023
Sold by
Palmyra Holdings Management Limited
Bought by
La Villa Mesa Llc
Seller's Agent
Delaram Rivani
Carolwood Estates
Buyer's Agent
Delaram Rivani
Carolwood Estates
List Price
$33,000,000
Sold Price
$22,500,000
Premium/Discount to List
-$10,500,000
-31.82%
Views
203
Current Estimated Value
$7,686,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,814,000
Avg. Annual Appreciation
-48.27%

Purchase Details

Listed on
Mar 25, 2016
Closed on
Nov 15, 2016
Sold by
Brass Sandra
Bought by
Palmyra Holdings Management Limited
Seller's Agent
Sandra Miller
Engel & Völkers
Buyer's Agent
Richard Ehrlich
Carolwood Estates
List Price
$17,800,000
Sold Price
$16,100,000
Premium/Discount to List
-$1,700,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 22, 2013
Sold by
Mason Fiona
Bought by
Brass Sandra and Sandra Brass 2012 Irrevocable Gift Trust
Seller's Agent
Richard Newman
Kerry Patterson Company
Buyer's Agent
Tracy Tutor
Compass
List Price
$11,495,000
Sold Price
$11,225,000
Premium/Discount to List
-$270,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$7,000,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2012
Sold by
Mason Timothy John Rollit and Mason Fiona
Bought by
Mason Timothy John Rollit and Mason Fiona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2010
Sold by
Mason Timothy J and Mason Fiona
Bought by
Mason Timothy John Rollit

Purchase Details

Closed on
Mar 5, 2008
Sold by
Odell Carrie
Bought by
Mason Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2008
Sold by
Odell Stephen and Odell Carrie
Bought by
Odell Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2008
Sold by
Odell Stephen
Bought by
Odell Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Hammer Michael Armand and Hammer Dru Ann
Bought by
Odell Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,260,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2001
Sold by
Karatz Janet and The Janet Karatz Trust
Bought by
Hammer Michael Armand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Laverty Roger M and Laverty Joan W
Bought by
Laverty Roger M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 16, 2001
Sold by
Karatz Janet D
Bought by
Karatz Janet and Janet Karatz Trust

Purchase Details

Closed on
Jan 4, 2001
Sold by
Karatz Janet D and Janet D Karatz Qualified Perso
Bought by
Karatz Janet D

Purchase Details

Closed on
Oct 31, 1995
Sold by
Karatz Janet D
Bought by
Karatz Janet D and Karatz Bruce E
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
La Villa Mesa Llc $22,500,000 Fidelity National Title
Palmyra Holdings Management Limited $16,100,000 Bnt Title Company
Brass Sandra $11,225,112 First American Title Company
Mason Timothy John Rollit -- Lawyers Title Co
Mason Timothy John Rollit -- Accommodation
Mason Timothy J -- Fatcola
Odell Stephen -- Accommodation
Odell Carrie -- Accommodation
Odell Stephen $7,070,000 First American Title Co
Hammer Michael Armand -- Equity Title
Laverty Roger M -- --
Karatz Janet -- --
Karatz Janet D -- --
Karatz Janet D -- --
Karatz Bruce E -- --
Karatz Janet D -- --
Karatz Bruce E -- --
Karatz Bruce E -- --
Karatz Bruce E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brass Sandra $7,000,000
Previous Owner Mason Timothy John Rollit $1,250,000
Previous Owner Mason Timothy J $6,600,000
Previous Owner Odell Stephen $4,260,000
Previous Owner Hammer Michael Armand $1,000,000
Previous Owner Hammer Michael Armand $1,000,000
Closed Hammer Michael Armand $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $22,500,000 -22.4% $2,422 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $29,000,000 -12.1% $3,122 / Sq Ft
09/11/2023 09/11/23 For Sale $33,000,000 +105.0% $3,553 / Sq Ft
11/18/2016 11/18/16 Sold $16,100,000 -2.4% $1,733 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/14/2016 10/14/16 Price Changed $16,500,000 -7.3% $1,776 / Sq Ft
05/21/2016 05/21/16 For Sale $17,800,000 +10.6% $1,916 / Sq Ft
05/11/2016 05/11/16 Off Market $16,100,000 -- --
03/25/2016 03/25/16 For Sale $17,800,000 +58.6% $1,916 / Sq Ft
04/26/2013 04/26/13 Sold $11,225,000 -2.3% $1,328 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $11,495,000 -- $1,360 / 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
2023 $207,987 $17,848,302 $16,732,784 $1,115,518
2022 $205,579 $17,498,337 $16,404,691 $1,093,646
2021 $200,812 $17,155,233 $16,083,031 $1,072,202
2019 $197,562 $16,646,400 $15,606,000 $1,040,400
2018 $185,717 $16,320,000 $15,300,000 $1,020,000
2016 $130,986 $11,442,594 $7,281,651 $4,160,943
2015 $129,317 $11,270,716 $7,172,274 $4,098,442
2014 $127,323 $11,049,940 $7,031,780 $4,018,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-306149

The MLS

APN: 4407-018-006