$5,995,000
$4M PRICE DROP

Estimated payment $42,342/month

Total Views 153
0.95 Acre
$6,329,181 Price per Acre
41,260 Sq Ft Lot

About This Lot

Tucked away above the prestigious enclave of Trousdale Estates, this extraordinary nearly one-acre development opportunity offers an unparalleled blend of privacy, prestige, and possibility. Steeped in Hollywood lore, the original 1927 residence was home to legendary figures including Katherine Hepburn and Boris Karloff, and is now poised for a breathtaking transformation. Permits have been pulled and construction has already begun on a masterfully reimagined estate with approved plans for a grand 9,000+ square-foot estate, seamlessly blending old-world charm with contemporary sophistication. The reimagined compound will feature a stately two-story main residence with a long private driveway, a well-appointed ADU, a dedicated pool house, and a resort-style pool, all set amidst a lush, expansive backyard designed for ultimate privacy and tranquility. Perfect for the discerning owner-user or investor, this is an unmissable opportunity to craft an extraordinary estate in one of Los Angeles' most coveted neighborhoods. A property of this caliber - rich in history, unrivaled in potential - comes along once in a lifetime.

Listing Agent

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254 Listed on: 09/04/2025

The Oppenheim Group, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $119,157

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 183x223
  • Property is zoned LARE20

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4388-013-040

Property Details

Property Type

Land

Est. Annual Taxes

$119,157

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.9472
  • Lot Dimensions: 183x223
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4388-013-040
  • Lot Size Area: 41262

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

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 $119,157 $10,061,541 $9,295,991 $765,550
2024 $119,157 $9,864,257 $9,113,717 $750,540
2023 $116,812 $9,670,841 $8,935,017 $735,824
2022 $111,345 $9,481,218 $8,759,821 $721,397
2021 $110,038 $9,295,312 $8,588,060 $707,252
2020 $96,856 $8,009,995 $6,227,772 $1,782,223
2019 $92,941 $7,852,937 $6,105,659 $1,747,278
2018 $92,658 $7,698,959 $5,985,941 $1,713,018
2016 $96,062 $7,400,000 $5,753,500 $1,646,500
2015 $74,795 $6,242,731 $5,573,870 $668,861
2014 $74,998 $6,120,445 $5,464,686 $655,759
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $5,995,000 0.0% --
08/13/2025 08/13/25 Pending -- -- --
05/09/2025 05/09/25 Price Changed $5,995,000 -40.0% --
02/04/2025 02/04/25 For Sale $9,995,000 +35.1% --
09/14/2015 09/14/15 Sold $7,400,000 +0.1% $1,485 / Sq Ft
08/04/2015 08/04/15 For Sale $7,395,000 -- $1,484 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $9,200,000 Fidelity National Title
Grant Deed $7,300,000 Equity Title
Interfamily Deed Transfer -- None Available
Grant Deed -- Equity Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,204,500 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $959,500 New Conventional
Previous Owner $1,100,000 Purchase Money Mortgage
Previous Owner $1,500,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,999,950 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25493489

The MLS

APN: 4388-013-040