NOT LISTED FOR SALE

363 S Las Palmas Ave Los Angeles, CA 90020

Hancock Park Neighborhood

Estimated Value: $7,359,000 - $8,398,000

4 Beds
4.5 Baths
5,956 Sq Ft
$1,336/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $7,285,000 $1,223 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $52,653/month

99 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Maid or Guest Quarters
  • Third Street Elementary School Rated A
  • 19,538 Sq Ft lot
  • Fireplace in Primary Bedroom

About This Home

As of September 2017

Sophisticated & Private French Country Trophy Estate designed by architect Stiles O Clements in 1939 , reimagined by Clements Design in 2016. This Home is situated in prime Hancock Park on an almost 20,000 sq ft flat lot. The home is set back from the street behind hedges opening to a large motor court . The front door opens into a formal entry with a sweeping circular staircase. High ceilings and generously proportioned rooms all lead to outdoor gardens, outdoor dining room, a pool and a guest house above the two car garage and a sport court. The first floor is comprised of a grand living room leads to a separate bar/lounge, formal dining room, an incredible chefs kitchen opening to a family room . The stunning master has ample custom closets, a master bath and a large balcony. There are two additional bedrooms, a third floor recreation room, and office area. The house is equipped with the finest fixtures, textiles, appliances and Crestron Smart Home system. This home is exquisite!

Last Agent to Sell the Property

Scott Segall

Engel & Völkers Beverly Hills License #01179028 Listed on: 05/31/2017

Engel & Völkers Beverly Hills

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,891

Year Built

  • Built in 1939

Lot Details

  • 0.45 Acre Lot
  • Property is zoned LAR1

Home Design

  • French Architecture

Interior Spaces

  • 5,956 Sq Ft Home
  • 3-Story Property
  • Bar
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Guest Parking

Outdoor Features

  • Heated In Ground Pool
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5507-002-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,891

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French
  • Street Number Display: Yes
  • Advertising Remarks: All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, and change of price, rental, commission, prior sale, leasing, or withdrawal without notice.
  • Living Area: 5956
  • Stories: 3
  • Year Built: 1939
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room, Master Bedroom
  • Flooring: Marble, Stone Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1259.07

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Parking for Guests - Onsite
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5507-002-010
  • Geocode Override: No
  • Lot Size Area: 19538

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Las Palmas Estate Holdings Trust and Las Palmas Real Estate Holdings Trust
Bought by
Las Palmas Real Estate Holdings Trust and Rodriguez
Current Estimated Value
$8,150,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,477,754
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$5,482,070

Purchase Details

Listed on
May 31, 2017
Closed on
Sep 5, 2017
Sold by
Brubaker Matthew P
Bought by
Rodriguez Steves and The Las Palmas Estate Holdings
Seller's Agent
Scott Segall
Engel & Völkers Beverly Hills
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$7,699,000
Sold Price
$7,285,000
Premium/Discount to List
-$414,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$5,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 24, 2016
Sold by
Berkshire Alan G and Berkshire Cynthia Reavis
Bought by
Brubaker Matthew P
Seller's Agent
RL Morgan
Haven
Buyer's Agent
Scott Segall
Engel & Völkers Beverly Hills
List Price
$5,995,000
Sold Price
$5,900,000
Premium/Discount to List
-$95,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$3,835,000
Interest Rate
2.36%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2006
Sold by
Werts Mark I
Bought by
Berkshire Alan G and Berkshire Cynthia Reavis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,195,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2004
Sold by
Sherman Howard and The 2003 South Las Palmas Trus
Bought by
Werts Mark I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,405,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Kurland Norman A and Kurland David Deborah
Bought by
Altshuler Linda and The 2003 South Las Palmas Trus

Purchase Details

Closed on
Oct 3, 1996
Sold by
Kurland Norman A and Kurland David Deborah
Bought by
Kurland Norman A and Kurland David Deborah
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 Buyer Sale Price Title Company
Las Palmas Real Estate Holdings Trust -- Chicago Title Company
Las Palmas Real Estate Holdings Trust -- Chicago Title Company
Rodriguez Steves $7,285,000 California Title Company
Brubaker Matthew P $5,900,000 Western Resources Title Co
Berkshire Alan G $4,695,000 Equity Title Ins Co
Werts Mark I $3,812,500 Equity Title Company
Altshuler Linda -- Equity Title Company
Kurland Norman A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Las Palmas Real Estate Holdings Trust $2,500,000
Closed Las Palmas Real Estate Holdings Trust $2,500,000
Previous Owner Rodriguez Steves $5,000,000
Previous Owner Brubaker Matthew P $500,000
Previous Owner Brubaker Matthew P $3,835,000
Previous Owner Berkshire Alan G $300,000
Previous Owner Berkshire Alan G $1,896,500
Previous Owner Berkshire Alan G $1,999,999
Previous Owner Berkshire Alan G $3,195,000
Previous Owner Werts Mark I $2,405,000
Closed Werts Mark I $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $7,285,000 -2.9% $1,223 / Sq Ft
07/13/2017 07/13/17 Price Changed $7,499,000 -2.6% $1,259 / Sq Ft
05/31/2017 05/31/17 For Sale $7,699,000 +30.5% $1,293 / Sq Ft
06/30/2016 06/30/16 Sold $5,900,000 -1.6% $1,179 / Sq Ft
05/10/2016 05/10/16 For Sale $5,995,000 0.0% $1,198 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $5,995,000 -- $1,198 / Sq Ft
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 $98,891 $8,289,083 $4,551,316 $3,737,767
2024 $98,891 $8,126,553 $4,462,075 $3,664,478
2023 $96,936 $7,967,210 $4,374,584 $3,592,626
2022 $92,363 $7,810,991 $4,288,808 $3,522,183
2021 $91,255 $7,657,835 $4,204,714 $3,453,121
2019 $88,483 $7,430,700 $4,080,000 $3,350,700
2018 $88,155 $7,285,000 $4,000,000 $3,285,000
2016 $49,740 $4,096,000 $3,210,000 $886,000
2015 $43,352 $3,560,000 $2,790,000 $770,000
2014 $39,415 $3,158,000 $2,475,000 $683,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Scott Segall

    Engel & Völkers Beverly Hills

    (310) 480-4823

    34 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Subscriber Non

    Non-Participant Office

  • RL Morgan

    Seller's Agent in 2016

    RL Morgan

    Haven

    (310) 384-6343

    9 Total Sales

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Map

Source: The MLS

MLS Number: 17-236388

The MLS

APN: 5507-002-010

California Los Angeles County Los Angeles 90020 Hancock Park

363 S Las Palmas Ave, Los Angeles, CA

This home is located at 363 S Las Palmas Ave, Los Angeles, CA 90020 since 31 May 2017 and is currently estimated at $7,959,824, approximately $1,336 per square foot. This property was built in 1939. 363 S Las Palmas Ave is a home located in Los Angeles County with nearby schools including Third Street Elementary School, John Burroughs Middle School, and Fairfax High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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