NOT LISTED FOR SALE

2703 Nichols Canyon Rd Los Angeles, CA 90046

Hollywood Hills West Neighborhood

Estimated Value: $8,118,000 - $9,007,000

5 Beds
5.5 Baths
8,200 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $5,785,000 $705 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $54,161/month

184 Days on Market

Highlights

  • Attached Guest House
  • In Ground Pool
  • Panoramic View
  • Home Theater
  • Auto Driveway Gate
  • 34,375 Sq Ft lot

About This Home

As of February 2014

Recently beautifully remodeled, updated, Grand Italian private celebrity compound. This uber chic Tuscan villa is a rare offering that will never be duplicated. Recently Updated with the latest modern luxury finishes and design, this home features over 8,200 sf of refined and dramatic living spaces. Architectural landmark property features stunning Pantheon style skylighted "Dome" entry foyer, large entertainer's kitchen, mogul-sized 2-story balconied home theater, professional gym, studio space, double-height ceiling grand living room. Al-Fresco terraces lead from every room overlooking a 57' bell tower, stunning infinity pool, hot tub, sprawling ¾ acre Zen gardens, natural streams, fountains, rose gardens, citrus and olive groves. An expansive top level master retreat offers the ultimate in comfort & privacy. Three additional large private en-suite bedrooms are exquisitely appointed, plus a separate guest apartment ideal for live-in staff/home office. Trophy Property.

Last Agent to Sell the Property

Rande Gray

Keller Williams Realty License #01233483 Listed on: 08/03/2013

Keller Williams Realty

Co-Listed By

Randy Wright

Christie's International Real Estate SoCal License #01410916

Last Buyer's Agent

Madison Hildebrand

Compass License #01413280

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,388

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 0.79 Acre Lot
  • Gated Home
  • Sprinkler System
  • Property is zoned LARE11

Property Views

  • Panoramic
  • Canyon
  • Creek or Stream
  • Mountain
  • Hills

Home Design

  • Villa
  • Split Level Home
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 8,200 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Living Room Balcony
  • Dining Area
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Center Hall

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • 5.5 Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Car Garage
  • Garage Door Opener
  • Auto Driveway Gate
  • Guest Parking
  • Uncovered Parking

Pool

  • In Ground Pool
  • Heated Spa
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Water Purifier
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Community Details

  • Billiard Room
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5570-003-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,388

Year Built

Built in 1996 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 8200
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1996
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Ceramic Tile, Hardwood, Marble, Stone
  • Bedrooms: 5
  • Fireplaces: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.50
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Satellite, Vented Exhaust Fan, Washer, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 767.07

Exterior Features

  • Construction: Brick, Stone, Stucco, Wood Siding
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Patio: Covered Porch, Living Room Balcony, Patio Open, Porch - Front
  • Pool Description: In Ground, Private, Waterfall
  • Pool: Yes
  • Roof: Composition, Tile
  • Spa: Bath Tub, Heated, Hot Tub, Private
  • Spa Yn: Yes
  • View: Canyon, Creek/Stream, Hills, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Auto Driveway Gate, Door Opener, Driveway Gate, Garage - 3 Car, Garage Is Attached, Gated, Parking for Guests - Onsite, Private Garage, Uncovered
  • Total Parking: 8

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, Owned, Smoke Detector
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 5570-003-024
  • Geocode Override: No
  • Lot Size Area: 34375

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2013
Closed on
Jan 14, 2014
Sold by
Gms Holdings Inc
Bought by
Shemarya Todd and Todd Shemarya Revocable Trust
Seller's Agent
Rande Gray
Keller Williams Realty
Buyer's Agent
Madison Hildebrand
Compass
List Price
$6,995,000
Sold Price
$5,785,000
Premium/Discount to List
-$1,210,000
-17.3%
Current Estimated Value
$8,649,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,864,566
Avg. Annual Appreciation
3.56%
Original Mortgage
$4,049,500
Interest Rate
3.64%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 12, 2008
Sold by
Safady Gary
Bought by
Gms Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,640,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Kashi Holdings Llc
Bought by
Gms Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2006
Sold by
Montagano James
Bought by
Kashi Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Shemarya Todd $5,785,000 First American Title Company
Gms Holdings Inc -- Fidelity National Title Co
Safady Gary -- Lawyers Title
Gms Holdings Inc -- Accommodation
Kashi Holdings Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shemarya Todd $4,011,937
Closed Shemarya Todd $4,049,500
Previous Owner Safady Gary $3,640,000
Previous Owner Kashi Holdings Llc $2,200,000
Previous Owner Montagano James $400,000
Previous Owner Montagano James $405,000
Previous Owner Montagano James $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $5,785,000 -8.0% $705 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
09/16/2013 09/16/13 Price Changed $6,290,000 -10.1% $767 / Sq Ft
08/03/2013 08/03/13 For Sale $6,995,000 -- $853 / 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 $84,388 $7,091,611 $3,677,587 $3,414,024
2024 $84,388 $6,952,561 $3,605,478 $3,347,083
2023 $82,737 $6,816,237 $3,534,783 $3,281,454
2022 $78,886 $6,682,586 $3,465,474 $3,217,112
2021 $77,931 $6,551,556 $3,397,524 $3,154,032
2019 $75,512 $6,357,235 $3,296,752 $3,060,483
2018 $75,248 $6,232,584 $3,232,110 $3,000,474
2016 $71,950 $5,990,567 $3,106,604 $2,883,963
2015 $70,886 $5,900,584 $3,059,940 $2,840,644
2014 $41,102 $3,333,000 $2,169,900 $1,163,100
Source: Public Records

Agents Affiliated with this Home

  • Rande Gray

    Seller's Agent in 2014

    Rande Gray

    Keller Williams Realty

    (310) 614-2839

    17 Total Sales

    Rande Gray
    Section Image
  • Randy Wright

    Seller Co-Listing Agent in 2014

    Randy Wright

    Christie's International Real Estate SoCal

    (310) 927-6818

    4 in this area

    48 Total Sales

    Randy Wright
    Section Image
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Map

Source: The MLS

MLS Number: 13-693715

The MLS

APN: 5570-003-024

California Los Angeles County Los Angeles 90046 Hollywood Hills West

2703 Nichols Canyon Rd, Los Angeles, CA

This home is located at 2703 Nichols Canyon Rd, Los Angeles, CA 90046 since 03 August 2013 and is currently estimated at $8,649,566, approximately $1,054 per square foot. This property was built in 1996. 2703 Nichols Canyon Rd is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

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