NOT LISTED FOR SALE

Estimated Value: $3,965,000 - $4,282,000

5 Beds
5 Baths
5,000 Sq Ft
$821/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $2,755,000 $551 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $25,336/month

Highlights

  • 24-Hour Security
  • Heated In Ground Pool
  • Gated Parking
  • Newly Remodeled
  • Gourmet Kitchen
  • City Lights View

About This Home

As of January 2024

Available Fully Furnished and turn-key. Available for long & short term rentals. Perched high atop Mount Olympus and mere minutes from the Sunset Strip and Beverly Hills you will feel equally at home relaxing or entertaining in this magnificent modern marvel. Drink in spectacular views from the magnificent pool, spa, and deck or from the open-plan living spaces through the room-width retractable glass wall. Fully-furnished and impeccably decorated, this 5,000 square foot home features 5 bedrooms, 5 baths, and 2 powder rooms. The chef-quality kitchen includes state-of-the-art appliances and an expansive island. Tasteful applications of natural stone and wood throughout this complete one-of-a-kind hillside retreat. Available for monthly & yearly rentals.

Last Agent to Rent the Property

Joshua Shamolia

LA Estate Brokerage License #01982813 Listed on: 12/13/2023

Co-Listed By

Patrick Michael

LA Estate Brokerage License #01706579

Last Renter's Agent

Steve Sanders

Compass License #01367826

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,636

Year Built

  • Built in 1978 | Newly Remodeled

Lot Details

  • 0.39 Acre Lot
  • Property is zoned LARE15

Home Design

  • Mid Level
  • Modern Architecture

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Dual Staircase
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Home Office
  • Utility Room
  • City Lights Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Gated Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $30,000
  • Tenant pays for cable TV, electricity, gas, move in fee, trash collection, water
  • Rent includes gardener, pool
  • 12 Month Lease Term
  • Month-to-Month Lease Term
  • Assessor Parcel Number 5565-019-014

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Association fees include security
  • Community Storage Space
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,636

Year Built

Built in 1978 | Newly Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 1000.00
  • Furnished: Furnished
  • Rent Includes: Gardener, Pool
  • Security Deposit: 30000
  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Mid Level, Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: 1+Year
  • Living Area: 5000
  • Monthto Month: Yes
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Wet Bar, Open Floor Plan, Hot Tub, Furnished, 2 Staircases
  • Fireplace Rooms: Family Room, Patio
  • Flooring: Stone, Wood
  • Appliances: Microwave, Built-Ins, Cooktop - Gas, Built-In And Free Standing, Oven
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Family Room, Family Kitchen, Dining Area, Kitchen Island, In Kitchen, Living Room
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Price Per S Q F T: 6.00

Exterior Features

  • Balcony: Balcony
  • Tennis Court Y/N: No
  • Patio: Balcony, Deck(s)
  • Pool Description: Heated And Filtered, Heated
  • Pool: Yes
  • Spa: Hot Tub, Heated
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Exterior Security Lights, Smoke Detector

Association/Amenities

  • Amenities: Extra Storage, Gated Parking, Pool, Security, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • Association Fees Include: Security

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5565-019-014
  • Lot Description: 2-4 Lots
  • Lot Size Area: 17174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jun 1, 2015
Sold by
Kraiem Moran
Bought by
Kraiem Justin
Seller's Agent
Rebekah Schwartz Sklar
The Agency
Buyer's Agent
Rebekah Schwartz Sklar
The Agency
List Price
$2,849,000
Sold Price
$2,755,000
Premium/Discount to List
-$94,000
-3.3%
Current Estimated Value
$4,104,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,349,160
Avg. Annual Appreciation
4.74%
Original Mortgage
$2,000,000
Outstanding Balance
$1,546,283
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$2,887,073

Purchase Details

Listed on
Mar 19, 2015
Closed on
May 4, 2015
Sold by
Walker Robert C and Walker Maureen Fitzgibbon
Bought by
Kraiem Justin
Seller's Agent
Rebekah Schwartz Sklar
The Agency
Buyer's Agent
Rebekah Schwartz Sklar
The Agency
List Price
$2,849,000
Sold Price
$2,755,000
Premium/Discount to List
-$94,000
-3.3%

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
Outstanding Balance
$1,546,283
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$2,887,073

Purchase Details

Closed on
Sep 20, 2006
Sold by
Sahbal Investment Group Inc
Bought by
Walker Robert C and Walker Maureen Fitzgibbon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2005
Sold by
Linton David C and Linton Elnora
Bought by
Sahbal Investment Group Inc

Purchase Details

Closed on
Feb 17, 1999
Sold by
Rachels Theresa A and Rachels Family Survivors Trust
Bought by
Linton David C and Linton Elnora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
6.73%

Purchase Details

Closed on
Jan 1, 1998
Sold by
Rachels Theresa A and Rachels Family Living Trust
Bought by
Rachels Theresa A and Rachels Family Survivors Trust

Purchase Details

Closed on
Oct 3, 1996
Sold by
Rachels A Wesley and Rachels Theresa A
Bought by
Rachels Arthur W and Rachels Theresa A

Purchase Details

Closed on
Sep 23, 1996
Sold by
Rachels A Wesley and Rachels Theresa A
Bought by
Rachels Arthur W and Rachels Theresa A
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
Kraiem Justin -- First American Title
Kraiem Justin $2,755,000 First American Title
Walker Robert C -- California Title Company
Sahbal Investment Group Inc -- Alliance Title Company
Linton David C $805,000 Commonwealth Land Title Co
Rachels Theresa A -- --
Rachels Arthur W -- --
Rachels Arthur W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraiem Justin $2,000,000
Previous Owner Walker Robert C $150,000
Previous Owner Walker Robert C $1,500,000
Previous Owner Linton David C $333,700
Previous Owner Linton David C $125,000
Previous Owner Linton David C $603,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2024 01/13/24 Rented $30,000 0.0% --
12/13/2023 12/13/23 For Rent $30,000 -14.3% --
10/06/2022 10/06/22 Rented $35,000 +7.7% --
09/12/2022 09/12/22 Price Changed $32,500 -7.1% $7 / Sq Ft
03/17/2022 03/17/22 For Rent $35,000 +6.1% --
06/15/2021 06/15/21 Rented $33,000 0.0% --
06/06/2021 06/06/21 Price Changed $33,000 -2.9% $7 / Sq Ft
06/04/2021 06/04/21 Price Changed $34,000 -2.9% $7 / Sq Ft
05/24/2021 05/24/21 For Rent $35,000 +16.7% --
09/08/2020 09/08/20 Rented $30,000 0.0% --
09/02/2020 09/02/20 Price Changed $30,000 -7.7% $6 / Sq Ft
08/07/2020 08/07/20 Price Changed $32,500 +8.4% $7 / Sq Ft
04/12/2020 04/12/20 For Rent $29,995 0.0% --
06/08/2015 06/08/15 Sold $2,755,000 +0.2% $608 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/20/2015 04/20/15 Price Changed $2,749,000 -3.5% $607 / Sq Ft
03/19/2015 03/19/15 For Sale $2,849,000 -- $629 / 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 $41,636 $3,462,636 $1,667,681 $1,794,955
2024 $41,636 $3,394,742 $1,634,982 $1,759,760
2023 $40,831 $3,328,179 $1,602,924 $1,725,255
2022 $38,962 $3,262,922 $1,571,495 $1,691,427
2021 $38,487 $3,198,944 $1,540,682 $1,658,262
2020 $38,817 $3,166,144 $1,524,885 $1,641,259
2019 $37,270 $3,104,064 $1,494,986 $1,609,078
2018 $37,057 $3,043,201 $1,465,673 $1,577,528
2016 $33,873 $2,797,012 $1,408,760 $1,388,252
2015 $27,239 $2,240,100 $1,268,900 $971,200
2014 -- $2,240,100 $1,268,900 $971,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-339653

The MLS

APN: 5565-019-014