$9,900,000
SOLD JAN 23, 2023
7 Beds
10 Baths
10,821 Sq Ft
0.41 Acres

Recently Sold

$915 Per Sq Ft

1% Below List Price

9 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Third Street Elementary School Rated A
  • Maid or Guest Quarters
  • Deck

About This Home

As of January 2023

Designed in 1914 by architect B. Cooper Corbett, this timeless neo-classical masterpiece sits with all its grandeur of an era where the eloquent details mattered. Over the last three years, this magnificent estate has been spectacularly updated, meticulously restored, and elegantly transformed into a truly modern statement of luxury it is today!

Last Agent to Sell the Property

Oren Mordkowitz

Pinnacle Estate Properties, Inc. License #01246402 Listed on: 01/06/2023

Pinnacle Estate Properties, Inc.

Co-Listed By

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Last Buyer's Agent

Victor Brown

The Agency License #01937070

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,058

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180
  • Private Yard
  • Back Yard
  • Property is zoned LARE15

Home Design

  • Traditional Architecture
  • Split Level Home
  • Slate Roof

Interior Spaces

  • 10,821 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Pool Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Pool Cover

Outdoor Features

  • Deck
  • Open Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5505026009

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,058

Year Built

Built in 1914 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARE15
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5505026009
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10821.00 Square Feet
  • Interior Amenities: High Ceilings, Recessed Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Eating Area: Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Fire Pit
  • Levels: Three Or More, Multi/Split
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 914.89
  • Room Type: Bonus Room, Dressing Area, Entry, Family Room, Guest/Maid's Quarters, Living Room, Master Bathroom, Office, Walk-In Closet
  • Spa Features: Private, Gunite, In Ground
  • Bathroom Features: Shower In Tub, Tile Counters, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • View: Pool
  • Patio And Porch Features: Deck, Patio Open
  • Pool Features: Private, Gunite, In Ground, Pool Cover
  • Pool Private: Yes
  • Roof: Slate
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Other
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size: 100x180
  • Lot Size Sq Ft: 18009.00
  • Lot Size Acres: 0.4134

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 18009.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jan 9, 2023
Sold by
Cooper Square Family Trust
Bought by
Town Hall Trust
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Victor Brown
The Agency
List Price
$9,995,999
Sold Price
$9,900,000
Premium/Discount to List
-$95,999
-0.96%
Views
158
Current Estimated Value
$9,531,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$368,507
Avg. Annual Appreciation
-1.52%

Purchase Details

Listed on
Apr 23, 2018
Closed on
Nov 8, 2018
Sold by
Hankey Investment Company Lp
Bought by
Bell Evan and The Cooper Square Family Trust
Seller's Agent
Rayni Williams
The Beverly Hills Estates
Buyer's Agent
Andres Campoy
List Price
$11,980,000
Sold Price
$9,000,000
Premium/Discount to List
-$2,980,000
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$5,850,000
Interest Rate
3.59%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 9, 2018
Sold by
Hankey Capital Llc
Bought by
Hankey Investment Company Lp

Purchase Details

Closed on
Jul 28, 2017
Sold by
Qulgg La11 Llc
Bought by
Hankey Capital Llc

Purchase Details

Closed on
Aug 26, 2014
Sold by
Davidoff Richard C
Bought by
Quigg La11 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 1994
Sold by
Hayes Benjamin F
Bought by
Davidoff Richard C and Davidoff Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
8.3%
Source: Public Records

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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 $9,900,000 Priority Title
Grant Deed $9,000,000 Equity Title Company
Grant Deed -- None Available
Trustee Deed $9,230,000 Chicago Title Company
Grant Deed $4,050,040 Equity Title Company
Individual Deed $880,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,425,000 New Conventional
Previous Owner $7,800,000 New Conventional
Previous Owner $5,850,000 Adjustable Rate Mortgage/ARM
Previous Owner $9,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,600,000 Unknown
Previous Owner $7,278,000 Future Advance Clause Open End Mortgage
Previous Owner $1,500,000 Unknown
Previous Owner $8,000,000 Construction
Previous Owner $2,750,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $601,000 New Conventional
Previous Owner $612,500 New Conventional
Previous Owner $615,000 Unknown
Previous Owner $850,000 Unknown
Previous Owner $900,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $775,000 Unknown
Previous Owner $660,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $9,900,000 -1.0% $915 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $9,995,999 +11.1% $924 / Sq Ft
11/28/2018 11/28/18 Sold $9,000,000 -10.0% $750 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $9,998,000 -16.5% $833 / Sq Ft
04/23/2018 04/23/18 For Sale $11,980,000 -- $998 / 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
2024 $122,058 $10,098,000 $6,732,000 $3,366,000
2023 $116,981 $9,669,887 $5,789,890 $3,879,997
2022 $111,489 $9,480,282 $5,676,363 $3,803,919
2021 $110,171 $9,294,395 $5,565,062 $3,729,333
2019 $106,621 $9,000,000 $5,400,000 $3,600,000
2018 $89,209 $7,400,000 $5,300,000 $2,100,000
2016 $49,610 $4,111,762 $3,181,793 $929,969
2015 $48,880 $4,050,000 $3,134,000 $916,000
2014 $15,493 $1,220,141 $871,019 $349,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23003267

California Regional Multiple Listing Service (CRMLS)

APN: 5505-026-009