Seller's Agent in 2022
Ed Solorzano
Berkshire Hathaway HomeServices California Properties
(310) 990-6252
3 in this area
23 Total Sales
Estimated Value: $7,473,000
JUST REDUCED! One of the most spectacular properties ever offered in Hancock Park. Supreme estate compound w/multiple structures including a grand residence on 3 levels. Flat, sprawling corner lot w/2 parcels totaling over 1 acre. Designed in 1923 by famed architect Elmer Grey, the home underwent a major renovation/addition supervised by architect/builder Bill Baldwin w/luxurious interiors completed by eminent White House designer Michael Smith. Published in ARCHITECTURAL DIGEST, the home features numerous custom details including hardwood, crown molding, designer lighting, Venetian plaster, French doors, blown glass skylights & 8 fireplaces, all creating a stunning backdrop for large scale entertaining & comfortable living. Foyer w/marble & chandelier. Living room w/tray ceiling. Formal dining. Eat-in chefs kitchen w/state of the art appliances. Butlers pantry & bonus catering kitchen. Family room. Library. Remarkable 2-story gallery/salon w/wrought iron & music mezzanine. 6 ensuite bedrooms up. Primary w/sitting, opal white stone bath & walk-in dressing. Lower level w/theater, snack bar, playroom & storage. Guest house w/bath & hair salon. Huge motor court & 3-car garage. Enormous backyard w/patio, 2 grassy yards, pool, cabana, paddle tennis, herb & hedged secret garden. Walled & gated for privacy. Truly no expense spared. Many more details. Worthy of every superlative!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01276829 Listed on: 07/12/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rhimes Ilee | $8,800,088 | Equity Title Los Angeles | |
| Newmark Development Llc | $8,000,000 | Equity Title Los Angeles | |
| Reback Alan M | -- | Equity Title | |
| Lowry Dick M | -- | Commonwealth Land Title Co | |
| Household Finance Corp Of California | $260,021 | Fidelity National Title Ins |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rhimes Ilee | $4,840,000 | |
| Previous Owner | Newmark Development Llc | $4,000,000 | |
| Previous Owner | Reback Alan M | $2,500,000 | |
| Previous Owner | Lowry Dick M | $796,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/04/2022 01/04/22 | Sold | $21,000,000 | -8.7% | $1,787 / Sq Ft | |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- | |
| 10/06/2021 10/06/21 | Price Changed | $22,995,000 | -8.0% | $1,957 / Sq Ft | |
| 07/12/2021 07/12/21 | For Sale | $25,000,000 | +184.1% | $2,128 / Sq Ft | |
| 02/04/2014 02/04/14 | Sold | $8,800,000 | -2.2% | $1,048 / Sq Ft | View Prior Sale |
| 12/18/2013 12/18/13 | Pending | -- | -- | -- | |
| 11/04/2013 11/04/13 | For Sale | $8,999,000 | +12.5% | $1,072 / Sq Ft | |
| 05/07/2013 05/07/13 | Sold | $8,000,000 | -3.6% | $953 / Sq Ft | View Prior Sale |
| 02/22/2013 02/22/13 | Pending | -- | -- | -- | |
| 01/31/2013 01/31/13 | For Sale | $8,295,000 | -- | $988 / Sq Ft |
| 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 | $241,887 | $20,162,952 | $13,265,100 | $6,897,852 |
| 2024 | $239,419 | $19,767,600 | $13,005,000 | $6,762,600 |
| 2023 | $234,680 | $19,380,000 | $12,750,000 | $6,630,000 |
| 2022 | $101,586 | $8,531,349 | $4,620,630 | $3,910,719 |
| 2021 | $100,319 | $8,364,069 | $4,530,030 | $3,834,039 |
| 2019 | $97,273 | $8,115,988 | $4,395,668 | $3,720,320 |
| 2018 | $83,991 | $6,895,166 | $4,309,479 | $2,585,687 |
| 2016 | $80,346 | $6,627,421 | $4,142,138 | $2,485,283 |
| 2015 | $79,161 | $6,527,872 | $4,079,920 | $2,447,952 |
| 2014 | $69,918 | $5,625,424 | $3,616,344 | $2,009,080 |
Seller's Agent in 2022
Ed Solorzano
Berkshire Hathaway HomeServices California Properties
(310) 990-6252
3 in this area
23 Total Sales
Buyer's Agent in 2022
Joshua Altman
Douglas Elliman of California, Inc.
(323) 610-0231
11 in this area
513 Total Sales
Buyer Co-Listing Agent in 2022
Matthew J. Altman
Douglas Elliman of California, Inc.
(323) 791-9398
9 in this area
183 Total Sales
Seller's Agent in 2014
June Ahn
Coldwell Banker Realty
(323) 855-5558
1 in this area
20 Total Sales
Seller's Agent in 2013
Lisa Hutchins
Coldwell Banker Realty
(323) 216-6938
15 in this area
27 Total Sales
Source: The MLS
MLS Number: 21-758984
APN: 5505-009-007