$3,100,000
SOLD FEB 15, 2024
5 Beds
4.5 Baths
4,337 Sq Ft
1.16 Acres

Recently Sold

$715 Per Sq Ft

31% Below List Price

80 Days on Market

Highlights

  • Private Pool
  • View of Trees or Woods
  • Main Floor Bedroom
  • Roscomare Road Elementary Rated A
  • 1.16 Acre Lot
  • No HOA

About This Home

As of November 2024

MASSIVE LOT! FIRST TIME ON THE MARKET IN OVER 65 YEARS!
Introducing a rare opportunity in prestigious Upper Bel Air. This sprawling property, encompassing over 1 acre of prime real estate, offers endless possibilities for the discerning buyer. Nestled amidst the towering trees, the existing house boasts five generously sized bedrooms and 4 1/2 bathrooms, encompassing a spacious 4,337 square feet of living space. The home is a canvas awaiting your personal touch and vision; remodel, update and/or build to your desire. As you step onto this expansive property, you'll immediately notice the vast potential it holds. The outdoor space is a true oasis featuring canyon views, a refreshing pool and inviting spa, perfect for year-round relaxation and entertainment. In addition, there is an abundance of land for children (or playful adults!) to romp, including a large flat expanse with street frontage, ideal for building an additional structure, creating your dream outdoor oasis, channeling your inner-gardener or even exploring the possibility of a lot split. The potential is limited only by your imagination. The Upper Bel Air neighborhood itself is a hidden gem, offering a fantastic quality of life. This property is within walking distance to the Stephen Wise Temple and renowned Roscomare Elementary school. Enjoy the serenity of suburban living with the convenience of easy access to major freeways, allowing you to reach downtown Los Angeles, the San Fernando Valley, and the pristine beaches of Southern California with ease.

Last Agent to Sell the Property

Jill Fischer

The ONE Luxury Properties License #00907458 Listed on: 11/02/2023

Last Buyer's Agent

Farrah Brittany Aldjufrie

The Agency License #01933070

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,088

Year Built

  • Built in 1950

Lot Details

  • 1.16 Acre Lot
  • Density is up to 1 Unit/Acre

Property Views

  • Woods
  • Neighborhood

Interior Spaces

  • 4,337 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Additional Features

  • Private Pool
  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 16953
  • Assessor Parcel Number 4378012005

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,088

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4378012005
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4337.00 Square Feet
  • Stories: 1
  • Entry Location: Foyer
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 714.78
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Features: Private
  • Pool Private: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 50731.00
  • Lot Size Acres: 1.1646

Multi Family

  • Lease Considered: No
  • Lot Size Area: 50731.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 16953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 7, 2024
Sold by
House Of Rolison and Fat Investments Llc
Bought by
Carrington Guy and Carrington Katriona Mary
Seller's Agent
Farrah Brittany Aldjufrie
The Agency
Buyer's Agent
Nellie Barnett
Compass
List Price
$5,495,000
Sold Price
$5,000,000
Premium/Discount to List
-$495,000
-9.01%
Views
96
Current Estimated Value
$5,030,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,384
Avg. Annual Appreciation
0.83%
Original Mortgage
$2,500,000
Outstanding Balance
$2,477,256
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$2,553,128

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 6, 2024
Sold by
Gary Lichtig Living Trust and Scott Lichtig Living Trust
Bought by
House Of Rolison and Fat Investments Llc
Seller's Agent
Jill Fischer
The ONE Luxury Properties
Buyer's Agent
Farrah Brittany Aldjufrie
The Agency
List Price
$4,475,000
Sold Price
$3,100,000
Premium/Discount to List
-$1,375,000
-30.73%
Views
163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.24%
Original Mortgage
$3,515,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 9, 2023
Sold by
Lichtig Gary Hal
Bought by
Gary Lichtig Living Trust

Purchase Details

Closed on
Feb 3, 2023
Sold by
Lichtig Scott
Bought by
Scott Lichtig Living Trust

Purchase Details

Closed on
Dec 21, 2022
Sold by
Lichtig Living Trust
Bought by
Lichtig Living Trust

Purchase Details

Closed on
Sep 8, 2011
Sold by
Lichtig Mae Mona and Lichtig Gary Hal
Bought by
Lichtig Mae Mona and Lichtig Gary Hal
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,000,000 Fidelity National Title
Grant Deed $3,100,000 Chicago Title Company
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed -- Lawyers Title
Gift Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Previous Owner $3,515,000 Construction
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $5,000,000 -9.0% $1,108 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $5,495,000 +77.3% $1,217 / Sq Ft
02/15/2024 02/15/24 Sold $3,100,000 -22.4% $715 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $3,995,000 -10.7% $921 / Sq Ft
11/02/2023 11/02/23 For Sale $4,475,000 -- $1,032 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $48,088 $5,000,000 $4,500,000 $500,000
2024 $48,088 $3,932,710 $2,756,188 $1,176,522
2023 $4,892 $331,866 $77,270 $254,596
2022 $4,726 $325,359 $75,755 $249,604
2021 $4,646 $318,980 $74,270 $244,710
2019 $4,459 $309,520 $72,068 $237,452
2018 $4,328 $303,452 $70,655 $232,797
2016 $4,075 $291,670 $67,912 $223,758
2015 $4,023 $287,289 $66,892 $220,397
2014 $4,066 $281,662 $65,582 $216,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23204015

California Regional Multiple Listing Service (CRMLS)

APN: 4378-012-006