$3,500,000
SOLD SEP 21, 2023
5 Beds
5 Baths
5,720 Sq Ft
1.68 Acres

Recently Sold

$612 Per Sq Ft

14% Below List Price

8 Days on Market

Highlights

  • Gated Community
  • Updated Kitchen
  • Open Floorplan
  • City Lights View
  • 1.68 Acre Lot
  • Dual Staircase

About This Home

As of August 2024

Discover this expansive estate situated at the end of a secluded gated driveway, nestled on nearly 2 acres of sprawling land. Step into an awe-inspiring entrance adorned with lofty ceilings and sleek porcelain tile floors. This home features a contemporary Mediterranean design that has undergone exquisite modernization. Sunlight gracefully permeates every nook, infusing the entire space with warmth and hospitality. The arrangement is tailor-made for gatherings, highlighted by a chef's kitchen outfitted with premium appliances, including a built-in shabu-shabu bar. Elevate your gatherings with the ambience-setting surround sound automation system, ideal for hosting memorable dinner parties.

Ascend the striking staircase to the upper level, where the primary suite awaits as a tranquil sanctuary. Unwind in the lap of luxury with a sumptuous soaking tub and an expansive steam shower. Progressing down the hallway, a captivating walk-in closet has been artfully reimagined into a functional yet chic area, complete with a central island. Furthermore, three additional bedrooms each boasting their own en-suite bathrooms await to provide comfort and privacy.

Multiple terraces offer panoramic vistas of the luxuriant landscape and rolling hills. Outside, the tiered garden encompasses an inviting outdoor fire pit, transforming the area into an ideal hub for entertainment. Enjoy a game of basketball with views of the city. This property is a true paradise for those who love to host and enjoy a serene atmosphere.

Last Agent to Sell the Property

Tatiana Batmanian

The Agency - Studio City License #01986103 Listed on: 08/21/2023

The Agency - Studio City

Co-Listed By

Levon Arzumanyan

The Agency - Studio City License #01836944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,946

Year Built

  • Built in 1988

Lot Details

  • 1.68 Acre Lot
  • Cul-De-Sac
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARE40

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Automatic Gate

Property Views

  • City Lights
  • Views of a landmark
  • Hills

Home Design

  • Raised Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,720 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Cathedral Ceiling
  • Recessed Lighting
  • Bay Window
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Center Hall
  • Tile Flooring
  • Attic
  • Basement

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Concrete Porch or Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25
  • Assessor Parcel Number 2425010028
  • $972 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Valley

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,946

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Cahuenga Pass
  • View: Yes
  • Zoning: LARE40
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2425010028
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5720.00 Square Feet
  • Interior Amenities: 2 Staircases, Cathedral Ceiling(s), High Ceilings, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 611.89
  • Room Type: All Bedrooms Up, Attic, Basement, Bonus Room, Center Hall, Formal Entry, Laundry, Office, Walk-In Closet, Walk-In Pantry
  • Window Features: Bay Window(s)
  • Bathroom Features: Shower In Tub, Remodeled
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Raised
  • View: City Lights, Hills, Landmark
  • Patio And Porch Features: Concrete, Deck, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Yard
  • Lot Size Sq Ft: 73244.00
  • Lot Size Acres: 1.6815

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73244.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1437.00
  • Tax Lot: 1
  • Tax Tract Number: 25
  • TaxOtherAnnualAssessmentAmount: 972.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Aug 23, 2024
Sold by
Zf Spv Llc
Bought by
Zakaryan Albert and Zakaryan Frida
Seller's Agent
Tatiana Batmanian
The Agency - Studio City
Buyer's Agent
Levon Arzumanyan
The Agency - Studio City
List Price
$3,995,000
Sold Price
$3,800,000
Premium/Discount to List
-$195,000
-4.88%
Views
189
Current Estimated Value
$4,047,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,952
Avg. Annual Appreciation
7.28%
Original Mortgage
$3,000,000
Outstanding Balance
$2,976,315
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,071,637

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 6, 2023
Sold by
Luka Limongi Trust
Bought by
Zf Spv Llc
Seller's Agent
Tatiana Batmanian
The Agency - Studio City
Buyer's Agent
Levon Arzumanyan
The Agency - Studio City
List Price
$4,050,000
Sold Price
$3,500,000
Premium/Discount to List
-$550,000
-13.58%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Feb 14, 2022
Sold by
Limongi Luka A
Bought by
Luka Limongi Trust

Purchase Details

Closed on
Jul 22, 2015
Sold by
Limongi Luka Alexander
Bought by
Limongi Luka A and The Luka Limongi Trust

Purchase Details

Closed on
Oct 20, 2014
Sold by
Torres Diana Elizabeth Limongi
Bought by
Limongi Luka Alexander

Purchase Details

Listed on
Apr 16, 2013
Closed on
Feb 3, 2014
Sold by
Capital One Na
Bought by
Torres Diana Elizabeth Limongi
Seller's Agent
Kyle Paine
Volant Realty Partners Inc
Buyer's Agent
Luis Ruiz
LAR Realty, Inc.
List Price
$2,150,000
Sold Price
$1,910,000
Premium/Discount to List
-$240,000
-11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$1,337,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2013
Sold by
Crouch Laurie
Bought by
Capital One Na

Purchase Details

Closed on
Aug 10, 2011
Sold by
Crouch Laurie M
Bought by
Harper Charles

Purchase Details

Closed on
Dec 23, 2004
Sold by
Crouch Matthew W and Crouch Laurie M
Bought by
Crouch Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1995
Sold by
Marx Richard H and Marx Ruth G
Bought by
Crouch Matthew W and Crouch Laurie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
5.35%
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 $3,800,000 Lawyers Title Company
Grant Deed $3,500,000 National Title
Grant Deed -- First American Title Company O
Interfamily Deed Transfer -- None Available
Grant Deed -- Provident Title Company
Grant Deed $1,910,000 Lsi Title Company
Trustee Deed $1,810,448 None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- First American Title
Grant Deed $1,150,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $80,000 Commercial
Previous Owner $1,220,000 New Conventional
Previous Owner $1,337,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Credit Line Revolving
Previous Owner $0 Undefined Multiple Amounts
Previous Owner $2,600,000 Unknown
Previous Owner $2,000,000 New Conventional
Previous Owner $321,283 Unknown
Previous Owner $100,000 Stand Alone Second
Previous Owner $1,260,000 Unknown
Previous Owner $1,125,000 Unknown
Previous Owner $805,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $3,800,000 -3.8% $664 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $3,950,000 -1.1% $691 / Sq Ft
05/06/2024 05/06/24 For Sale $3,995,000 +14.1% $698 / Sq Ft
09/21/2023 09/21/23 Sold $3,500,000 -13.6% $612 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $4,050,000 +112.0% $708 / Sq Ft
02/21/2014 02/21/14 Sold $1,910,000 -4.5% $334 / Sq Ft
10/31/2013 10/31/13 Price Changed $1,999,000 -7.0% $349 / Sq Ft
04/16/2013 04/16/13 For Sale $2,150,000 -- $376 / 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 $42,946 $3,500,000 $2,028,200 $1,471,800
2023 $43,353 $3,534,780 $2,651,087 $883,693
2022 $41,362 $3,465,471 $2,599,105 $866,366
2021 $40,856 $3,397,522 $2,548,143 $849,379
2019 $39,567 $3,296,751 $2,472,564 $824,187
2018 $49,600 $4,094,003 $3,016,635 $1,077,368
2016 $52,541 $4,365,575 $3,045,750 $1,319,825
2015 $46,711 $3,875,924 $2,855,944 $1,019,980
2014 -- $2,662,031 $2,009,080 $652,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23154209

California Regional Multiple Listing Service (CRMLS)

APN: 2425-010-028