NOT LISTED FOR SALE

Estimated Value: $6,729,000 - $9,187,348

4 Beds
6 Baths
4,899 Sq Ft
$1,687/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $7,900,000 $1,613 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $53,959/month

Highlights

  • Coastline Views
  • Tennis Courts
  • 1.44 Acre Lot
  • Warner Avenue Elementary Rated A
  • In Ground Pool
  • Midcentury Modern Architecture

About This Home

As of October 2020

Perched just above Sunset in Lower Bel-Air, this gated 1.43-acre estate with approx. 41,000 sq ft of flat land is a must-see. Enjoy complete privacy and seclusion surrounded by mature trees with a large grassy area. Stunning views of the ocean, Catalina, the marina, and city lights. Perfect match for a tenant seeking a short term Bel-Air trophy estate. The compound offers an unmatchable lifestyle, privacy, sun-drenched pool, paddle tennis court, gym/pool cabana, 20+ car off-street parking - an entertainer's delight! A true Frank Sinatra style, Mid-Century home. This house will be a maximum of 12 months lease - no extensions given.

Last Agent to Rent the Property

Dani Behr

Compass License #01948711 Listed on: 09/30/2020

Compass

Last Renter's Agent

Dani Behr

Compass License #01948711 Listed on: 09/30/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,258

Year Built

  • Built in 1951

Lot Details

  • 1.44 Acre Lot
  • Lot Dimensions are 271x220
  • Gated Home
  • Property is zoned LARE20

Property Views

  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Fixer Upper

Interior Spaces

  • 4,899 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 6 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Outdoor Features

  • In Ground Pool
  • Tennis Courts

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $28,000
  • $36,000 Move-In Fee
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Month-to-Month Lease Term
  • Assessor Parcel Number 4366-004-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,258

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 1000.00
  • Land Lease Purchase Yn: No
  • Lease Length: 12
  • Not Included In Rent: all utilites
  • Rent Excludes: all utilities to be paid by tenant .
  • Rent Includes: Gardener, Pool
  • Security Deposit: 28000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water
  • Total Move In Costs: 36000.00

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: Month To Month
  • Living Area: 4899
  • Lot Acreage: 1.4371
  • Lot Dimensions: 271x220
  • Monthto Month: Yes
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Carpet
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Dishwasher, Microwave, Refrigerator, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 2.86

Exterior Features

  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Pool Description: Private
  • Pool: Yes
  • View: City, Catalina, City Lights, Coastline, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Carport
  • Total Parking: 3

Utilities

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

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4366-004-007
  • Lot Size Area: 62598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Separzadeh David
Bought by
Separzadeh David and Eiger Natalie
Current Estimated Value
$8,262,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,460,000
Outstanding Balance
$5,000,570
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,628,889

Purchase Details

Closed on
Oct 15, 2021
Sold by
248 North Glenroy Llc
Bought by
Separzadeh David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,460,000
Outstanding Balance
$5,000,570
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,628,889

Purchase Details

Listed on
Sep 30, 2020
Closed on
Sep 9, 2020
Sold by
Leoni Josephine and The 34 Sycamore Canyon Road Li
Bought by
248 North Glenroy Llc
Seller's Agent
Dani Behr
Compass
Buyer's Agent
Dani Behr
Compass
Sold Price
$11,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%

Purchase Details

Closed on
Apr 24, 2019
Sold by
Roaring Lions Investments Llc
Bought by
248 North Glenroy Avenue Llc and Roaring Lions Investments Llc

Purchase Details

Closed on
Dec 27, 2017
Sold by
Leoni Eugene and Leoni Josephine
Bought by
Roaring Lions Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2017
Sold by
Moore Terry J and Epperson Brenda
Bought by
248 North Glenroy Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 9, 2005
Sold by
Mandel Eugene and Eugene & Helen Mandel Living T
Bought by
Moore Terry J and Moore Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 30, 2003
Sold by
Mandel Eugene and Eugene & Helen Mandel 7 Year R
Bought by
Mandel Eugene and Eugene & Helen Mandel Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2001
Sold by
Mandel Eugene and Eugene & Helen Mandel 5 Year R
Bought by
Mandel Eugene and Eugene & Helen Mandel Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
7.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 13, 1996
Sold by
Mandel Eugene and Eugene & Helen Mandel Living T
Bought by
Mandel Eugene and Eugene & Helen Mandel 5 Year R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Separzadeh David -- Fidelity National Title Co
Separzadeh David -- Fidelity National Title Co
Separzadeh David $8,400,000 Fidelity National Title Co
248 North Glenroy Llc $7,900,000 Fidelity National Title
248 North Glenroy Avenue Llc -- Provident Title
Roaring Lions Investments Llc -- None Available
248 North Glenroy Avenue Llc $5,340,000 Stewart Title Of Ca Inc
Moore Terry J -- Stewart Title Of Ca Inc
Mandel Eugene -- --
Mandel Eugene -- --
Mandel Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Separzadeh David $5,460,000
Closed Separzadeh David $5,460,000
Previous Owner 248 North Glenroy Avenue Llc $3,550,000
Previous Owner Roaring Lions Investments Llc $3,100,000
Previous Owner 248 North Glenroy Avenue Llc $2,500,000
Previous Owner Moore Terry J $1,900,000
Previous Owner Moore Terry J $1,200,000
Previous Owner Moore Terry J $147,500
Previous Owner Moore Terry J $1,852,500
Previous Owner Mandel Eugene $200,000
Previous Owner Mandel Eugene $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2020 10/12/20 Rented $11,000 -21.4% --
09/30/2020 09/30/20 For Rent $14,000 0.0% --
09/21/2020 09/21/20 Sold $7,900,000 -12.2% $1,613 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $8,995,000 +13.9% $1,836 / Sq Ft
08/28/2020 08/28/20 Off Market $7,900,000 -- --
08/11/2020 08/11/20 For Sale $8,995,000 0.0% $1,836 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $8,995,000 -- $1,836 / 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 $107,258 $8,914,146 $7,131,317 $1,782,829
2024 $107,258 $8,739,360 $6,991,488 $1,747,872
2023 $112,070 $8,568,000 $6,854,400 $1,713,600
2022 $99,329 $8,400,000 $6,720,000 $1,680,000
2021 $94,226 $7,900,000 $6,320,000 $1,580,000
2020 $68,546 $5,602,262 $3,983,168 $1,619,094
2019 $65,271 $5,446,800 $3,876,000 $1,570,800
2018 $64,860 $5,340,000 $3,800,000 $1,540,000
2016 $44,828 $3,694,105 $3,232,345 $461,760
2015 $44,172 $3,638,617 $3,183,793 $454,824
2014 $44,312 $3,567,342 $3,121,427 $445,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-639114

The MLS

APN: 4366-004-007