NOT LISTED FOR SALE

Estimated Value: $2,396,000 - $3,329,597

3 Beds
5 Baths
3,526 Sq Ft
$849/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $1,900,000 $539 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $17,950/month

Highlights

  • In Ground Pool
  • 0.34 Acre Lot
  • Central Air
  • City Lights View
  • Wood Flooring
  • Wood Burning Fireplace

About This Home

As of March 2019

Built high in the hills of Beachwood Canyon in 1915, this property was purchased in 1985 by noted composer, Arthur B. Rubinstein, who wrote numerous scores for the film industry in the attached music studio. This is your opportunity to acquire a piece of Hollywood history and make it your own! The home's grand entry leads to an expansive living room with a bank of windows to take in the view with, of course, room for a grand piano. A separate sitting area makes a perfect spot to gather around the fireplace or enjoy a movie. The rounded hardwood steps lead to an elevated landing and give the room an elegant, Art Deco feel. The formal dining room overlooks the living areas and has a wall of windows and French doors leading to one of many outdoor patios and pool area. You can entertain in style with a spacious kitchen, butler's pantry and open bar area. The upstairs features a large master bedroom suite, two additional bedrooms, three bathrooms and a sun room. Although parking in the hills can be a challenge, this property has covered parking for four cars plus three additional spaces. This is a trust sale and the property is being sold in 'as-is' condition, with the Buyer is to be fully responsible for investigation of property condition.

Last Agent to Sell the Property

Roland Wilhelm

COMPASS License #00976075 Listed on: 02/06/2019

COMPASS

Co-Listed By

Candace Gunther

COMPASS License #01781550

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,526

Year Built

  • Built in 1915

Lot Details

  • 0.34 Acre Lot
  • Property is zoned LAR1

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 3,526 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • In Ground Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 5580010004

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,526

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5580010004
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3526.00
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 538.85

Exterior Features

  • View: City Lights
  • Pool Features: In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14943.00
  • Lot Size Acres: 0.3400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14943.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Feb 22, 2019
Sold by
Rubinstein Alexandra and The Arthur Rubinstein Trust
Bought by
Woods and Holly
Seller's Agent
Roland Wilhelm
COMPASS
List Price
$1,750,000
Sold Price
$1,900,000
Premium/Discount to List
$150,000
8.57%
Current Estimated Value
$2,993,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,093,149
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
May 15, 2018
Sold by
Rubinstein Alexandra and Arthur Rubinstein Trust
Bought by
Rubinstein Alexandra

Purchase Details

Closed on
Jul 26, 2006
Sold by
Rubinstein Arthur B
Bought by
Rubinstein Arthur B and The Arthur Rubinstein Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Rubinstein Arthur B
Bought by
Rubinstein Arthur B and Arthur Rubinstein Trust
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
Woods $1,900,000 Lawyers Title
Rubinstein Alexandra -- Lawyers Title Co
Rubinstein Alexandra -- None Available
Rubinstein Arthur B -- Fidelity National Title Co
Rubinstein Arthur B -- Fidelity National Title Co
Rubinstein Arthur B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubinstein Arthur B $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $1,900,000 +8.6% $539 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $1,750,000 -- $496 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $25,526 $2,119,480 $1,059,740 $1,059,740
2024 $25,526 $2,077,922 $1,038,961 $1,038,961
2023 $25,031 $2,037,180 $1,018,590 $1,018,590
2022 $23,891 $1,997,236 $998,618 $998,618
2021 $23,597 $1,958,076 $979,038 $979,038
2019 $6,712 $534,939 $156,193 $378,746
2018 $6,647 $524,451 $153,131 $371,320
2016 $6,291 $504,088 $147,186 $356,902
2015 $6,202 $496,517 $144,976 $351,541
2014 $6,230 $486,792 $142,137 $344,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819000555

Pasadena-Foothills Association of REALTORS®

APN: 5580-010-004