$1,400,000
SOLD JAN 31, 2025
6 Acres
$251,649 Price per Acre
242,337 Sq Ft Lot

Recently Sold

12% Below List Price

76 Days on Market

About This Lot

As of January 2025

Welcome to "Shizukesa" an extraordinary and extremely privatized five-and-a-half-acre development site encapsulated by nature within the Hollywood Hills. The site abuts 17 acres of dedicated preserve, creating an expansive 22 acres to design your unique, architectural masterpiece. Accessible via a private gate, the property unfolds with a private driveway stretching longer than a football field with a flat pad of land to the right of entry that would be perfectly suitable for a residence or security check-in point for the most private of individuals. Keep ascending your tree-lined driveway until you're greeted by a circular plateau perfect canvas for a motor court, garage, or accessory dwelling unit. This versatile space invites a myriad of creative possibilities, setting the stage for your vision. Stroll up a small staircase near the motor court and discover the crown jewel of the property: a sprawling development area poised for a mega compound. Here, you'll be enveloped in 360-degree views of lush greenery and the majestic Santa Monica Mountains, ensuring a serene backdrop for your custom creation. This ultra-private enclave is the epitome of discretion, perfectly suited for a celebrity or any individual seeking unparalleled privacy. Please note, this land is an un-entitled development opportunity. The renderings presented are purely conceptual, and the property is not being sold with ready-to-issue plans. Prospective buyers are encouraged to conduct their own due diligence with relevant design review boards, reviewing local ordinances, LADBS, contractors, architects, and development professionals to realize their vision.

Last Agent to Sell the Property

Oliver Thornton

Hollywood Estates License #01969227 Listed on: 08/20/2024

Co-Listed By

RC Thornton

Hollywood Estates License #01266660

Last Buyer's Agent

Shawn Kormondy

Keller Williams Beverly Hills License #01451888

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,070

Lot Details

  • 5.56 Acre Lot
  • Property is zoned LARE40

Property Views

  • Woods
  • Mountain
  • Park or Greenbelt

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2427-006-009

Property Details

Property Type

Land

Est. Annual Taxes

$19,070

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 5.5633
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Tree Top, Trees/Woods, Mountains, Green Belt
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 2427-006-009
  • Lot Size Area: 242338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Jan 22, 2025
Sold by
3100 Oakshire Llc
Bought by
Greenberg Alan and Greenberg Alina
Seller's Agent
Oliver Thornton
Hollywood Estates
Buyer's Agent
Shawn Kormondy
Keller Williams Beverly Hills
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Views
93
Current Estimated Value
$1,556,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,350
Avg. Annual Appreciation
4.65%
Original Mortgage
$750,000
Outstanding Balance
$749,016
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$681,181

Purchase Details

Closed on
Jul 23, 2019
Sold by
Hayashi Yoshiki
Bought by
3100 Oakshire Llc

Purchase Details

Listed on
Jul 10, 2017
Closed on
Dec 11, 2017
Sold by
Sun City Enterprises Inc
Bought by
Hayashi Yoshiki
Seller's Agent
Craig Knizek
The Agency
Buyer's Agent
Josh Flagg
Compass
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.28%
Original Mortgage
$900,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $1,400,000 Fidelity - Sherman Oaks
Grant Deed -- None Available
Grant Deed $1,400,000 Equity Title Company
Grant Deed -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $3,500,000 Credit Line Revolving
Previous Owner $900,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $1,400,000 -6.4% --
11/04/2024 11/04/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $1,495,000 -6.3% --
08/20/2024 08/20/24 For Sale $1,595,000 +13.9% --
01/12/2018 01/12/18 Sold $1,400,000 -6.6% --
07/10/2017 07/10/17 For Sale $1,499,000 -- --
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
2024 $19,070 $1,561,724 $1,561,724 --
2023 $18,698 $1,531,102 $1,531,102 $0
2022 $17,830 $1,501,081 $1,501,081 $0
2021 $17,630 $1,471,649 $1,471,649 $0
2019 $18,506 $1,428,000 $1,428,000 $0
2018 $7,876 $632,527 $632,527 $0
2017 $7,710 $620,125 $620,125 $0
2016 $7,557 $607,966 $607,966 $0
2015 $7,450 $598,834 $598,834 $0
2014 $7,521 $587,104 $587,104 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-426495

The MLS

APN: 2427-006-009