NOT LISTED FOR SALE

Estimated Value: $7,205,000 - $22,039,084

1.37 Acres
$10,673,023 Price per Acre
59,677 Sq Ft Lot

Last Sold November 21, 2017

Last sale price $17,650,000

Est. 17% decrease in value since last sale

Current estimated payment $99,413/month

107 Days on Market

Highlights

  • City Lights View
  • Warner Avenue Elementary Rated A
  • 1.37 Acre Lot

About This Lot

As of November 2017

SALE SUBJECT TO COURT CONFIRMATION & OVERBID, SEPT 11, 2017, First OVERBID $17,950,000 Call Agents for Full Details.PLANS FOR ESTATE OF APPROX. 33,450 SQ. FT. Rare opportunity to purchase an apx. 1.37 acre parcel in prime Lower Bel Air, just minutes from the East Gate entrance. This predominantly flat pad offers an incredible opportunity to build a trophy estate in one of the most prestigious and exclusive locations in the world. The property is sited amongst multi-million dollar estates and surrounded by lush hillside greenery and views of the Westside.Listing Broker will provide Buyer and Buyer's agent specific forms to submit offers, upon request.(A.K.A.) 420 AMAPOLA LANE

Last Agent to Sell the Property

Jade Mills

Coldwell Banker Realty License #00526877 Listed on: 03/01/2017

Coldwell Banker Realty

Co-Listed By

Phil Seymour

Keller Williams Studio City License #00630158

Last Buyer's Agent

David Parnes

Carolwood Estates License #01905862

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $236,886

Lot Details

  • 1.37 Acre Lot
  • Property is zoned LARE20

Property Views

  • City Lights
  • Canyon

Listing and Financial Details

  • Assessor Parcel Number 4362-019-002

Property Details

Property Type

Land

Est. Annual Taxes

$236,886

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.3700
  • Probate: No
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, City, City Lights, Tree Top
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4362-019-002
  • Geocode Override: No
  • Lot Size Area: 59503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
420 Bel Air By Dobacor Llc
Bought by
City Of Los Angeles
Current Estimated Value
$14,622,042

Purchase Details

Listed on
Mar 1, 2017
Closed on
Nov 21, 2017
Sold by
Quigg La 14 Llc
Bought by
420 Bel Air By Dobacor Llc
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
David Parnes
Carolwood Estates
List Price
$18,500,000
Sold Price
$17,650,000
Premium/Discount to List
-$850,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.51%

Purchase Details

Closed on
Nov 17, 2015
Sold by
Newhart George R
Bought by
Quigg La 14 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500,000
Interest Rate
3.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
City Of Los Angeles -- Accommodation
420 Bel Air By Dobacor Llc $17,650,000 First American Title Ins Co
Quigg La 14 Llc $14,500,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 420 Bel Air By Dobacor Llc $6,500,000
Previous Owner Quigg La 14 Llc $5,000,000
Previous Owner Quigg La 14 Llc $10,500,000
Previous Owner Newhart George R $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $17,650,000 0.0% --
08/31/2017 08/31/17 Off Market $17,650,000 -- --
06/07/2017 06/07/17 For Sale $18,500,000 +4.8% --
04/18/2017 04/18/17 Off Market $17,650,000 -- --
03/01/2017 03/01/17 For Sale $18,500,000 -- --
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
2025 $236,886 $20,082,684 $11,920,012 $8,162,672
2024 $236,886 $19,688,907 $11,686,287 $8,002,620
2023 $232,202 $19,302,851 $11,457,145 $7,845,706
2022 $221,277 $18,924,365 $11,232,496 $7,691,869
2021 $218,746 $18,553,300 $11,012,251 $7,541,049
2020 $221,018 $18,363,059 $10,899,334 $7,463,725
2019 $212,042 $18,003,000 $10,685,622 $7,317,378
2018 $211,759 $17,650,000 $10,476,100 $7,173,900
2017 $177,752 $14,790,000 $7,893,780 $6,896,220
2016 $90,407 $7,490,604 $5,691,702 $1,798,902
2015 $89,077 $7,378,089 $5,606,208 $1,771,881
2014 $89,322 $7,233,564 $5,496,391 $1,737,173
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-206716

The MLS

APN: 4362-019-002