NOT LISTED FOR SALE

Estimated Value: $3,888,000 - $4,055,000

4 Beds
4 Baths
4,380 Sq Ft
$906/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $3,592,500 $820 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $25,676/month

54 Days on Market

Highlights

  • 24-Hour Security
  • Sauna
  • Two Primary Bedrooms
  • Heated In Ground Pool
  • Gourmet Kitchen
  • Family Room with Fireplace

About This Home

As of February 2023

Montecito aesthetic in Beverly Grove! This custom-built gated 4400 sf Spanish gem with 4 b/b is a true California dream. Upon entering the classic home, you are greeted by a two-story foyer with a grand staircase and glimpses of graceful archways and architectural details bathed in natural light. Featuring a truly ideal floor plan, the foyer opens into a large living room that includes a contemporary fireplace, high-pitched beamed ceilings, and views to the backyard. The adjacent formal dining area is situated next to a fantastic entertainer's kitchen outfitted with Viking appliances, granite counters, and an oversized island. Both the living and dining rooms provide direct access to a stunning, one-of-a-kind private yard that has been featured in numerous magazine shoots. An elegant covered dining and living area, with a beautiful fireplace allows for seamless indoor/outdoor living. The pool and spa, with gorgeous Spanish tiles, a stunning water feature, and new outdoor kitchen with barbeque, complete this entertainer's paradise. The second story, built around the beautiful entranceway, has three oversized bedrooms and ensuite bathrooms, two of which are dual primaries. A large walk-in closet and balcony adorn one of the primary bedrooms, while an alcove/ sitting area off the second primary offers the perfect place to lounge. The third bedroom and bath also features a large closet and balcony access overlooking the pool and patio area. Washer/Dryer is conveniently located on the second story. Downstairs, the fourth bedroom can easily be converted to den, office or playroom. A true two-car garage with direct access to the kitchen along with two parking spots inside the gated driveway provides ample parking. A great neighborhood within walking distance to the Grove, Beverly and Third Street shops and restaurants, and Melrose Ave. make this beautiful house a tranquil oasis with all the urban amenities nearby.

Last Agent to Sell the Property

Drew Meyers

Westside Estate Agency Inc. License #01865732 Listed on: 12/01/2022

Westside Estate Agency Inc.

Co-Listed By

JJ Meyers

Westside Estate Agency Inc. License #02135027

Last Buyer's Agent

Alexander Howe

Christie's International Real Estate SoCal License #01956080

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,472

Year Built

  • Built in 2007

Lot Details

  • 6,550 Sq Ft Lot
  • Lot Dimensions are 50x131
  • Fenced Yard
  • Gated Home
  • Masonry wall
  • Wrought Iron Fence
  • Sprinkler System
  • Lawn
  • Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Auto Driveway Gate
  • Driveway
  • Guest Parking

Home Design

  • Spanish Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 4,380 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Two Story Ceilings
  • Recessed Lighting
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Sauna
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • <<OvenToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Pool Tile

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue

Utilities

  • Central Heating
  • Central Water Heater

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 5527-033-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,472

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Montecito aesthetic in Beverly Grove! This custom-built gated 4400 sf Spanish gem with 4 b/b is a true California dream. Upon entering the classic home, you are greeted by a two-story foyer with a grand staircase and glimpses of graceful archways and architectural details bathed in natural light. Featuring a truly ideal floor plan, the foyer opens into a large living room that includes a contemporary fireplace, high-pitched beamed ceilings, and views to the backyard. The adjacent formal dining area is situated next to a fantastic entertainer's kitchen outfitted with Viking appliances, granite counters, and an oversized island. Both the living and dining rooms provide direct access to a stunning, one-of-a-kind private yard that has been featured in numerous magazine shoots. An elegant covered dining and living area, with a beautiful fireplace allows for seamless indoor/outdoor living. The
  • Entry Location: Foyer
  • Living Area: 4380
  • Lot Acreage: 0.1504
  • Lot Dimensions: 50x131
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 2007
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting, Storage Space, Beamed Ceiling(s), Hot Tub, Built-Ins, Turnkey, Detached/No Common Walls, Two Story Ceilings
  • Fireplace Rooms: Family Room, Living Room, Patio, Exterior
  • Flooring: Hardwood
  • Appliances: Built-In And Free Standing, Microwave, Oven, Built-Ins, Built-In BBQ
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area, Family Kitchen, Family Room, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Gourmet Kitchen, Island, Open to Family Room
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Range/Oven, Refrigerator, Garbage Disposal, Freezer, Built-Ins, Dishwasher, Dryer, Microwave, Ice Maker, Washer, Trash Compactor
  • Fireplace: Yes
  • Price Per S Q F T: 912.10

Exterior Features

  • Other Features: Balcony, Barbecue Private, Custom Built, French Doors, High Ceilings (9 Feet+), Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Masonry, Wrought Iron
  • Pool Description: Heated, Salt/Saline, Tile, In Ground, Heated And Filtered, Private
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa: In Ground, Hot Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Driveway Gate, Private, Private Garage, Direct Entrance, Parking for Guests - Onsite, Parking for Guests, Parking Space
  • Total Parking: 4

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Exterior Security Lights, Gated, 24 Hour

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 5527-033-020
  • Lot Description: Automatic Gate, Exterior Security Lights, Fenced, Front Yard, Fenced Yard, Lawn, Yard, Walk Street, Street Lighting, Street Paved, Storm Drains, Sidewalks
  • Lot Size Area: 6550

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 12, 2023
Sold by
Adam Koral Trust
Bought by
Edinburgh Avenue Trust
Seller's Agent
Drew Meyers
Westside Estate Agency Inc.
Buyer's Agent
Alexander Howe
Christie's International Real Estate SoCal
List Price
$3,995,000
Sold Price
$3,592,500
Premium/Discount to List
-$402,500
-10.08%
Views
41
Current Estimated Value
$3,966,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,078
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Apr 26, 2021
Sold by
Koral Adam
Bought by
Koral Adam and The Adam Koral Trust

Purchase Details

Listed on
Mar 3, 2017
Closed on
Feb 13, 2017
Sold by
Simchowitz Manfred
Bought by
Koral Adam
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Sam Plouchart
Sotheby's International Realty
List Price
$3,199,000
Sold Price
$3,090,000
Premium/Discount to List
-$109,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Emvelco Re Corp
Bought by
Simchowitz Manfred and The Manfred Simchowitz Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2007
Sold by
Emvelco Re Corp
Bought by
Emvelco Re Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,570,000
Interest Rate
6.17%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 2006
Sold by
Kichaven Joseph and Kichaven Adele
Bought by
Emvelco Re Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,570,000
Interest Rate
6.17%
Mortgage Type
Construction
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
Edinburgh Avenue Trust $3,591,954 First American Title
Koral Adam -- None Available
Koral Adam $3,100,000 Lawyers Title
Simchowitz Manfred -- Southland Title
Emvelco Re Corp -- First American Title Ins Co
Emvelco Re Corp $1,000,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emvelco Re Corp $1,850,000
Previous Owner Emvelco Re Corp $1,570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $3,592,500 -10.1% $820 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $3,995,000 0.0% $912 / Sq Ft
01/27/2021 01/27/21 Rented $24,500 +22.5% --
08/10/2020 08/10/20 For Rent $20,000 0.0% --
03/03/2017 03/03/17 Sold $3,090,000 -3.4% $705 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $3,199,000 -- $730 / 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
2024 $44,472 $3,664,350 $2,483,394 $1,180,956
2023 $41,991 $3,458,102 $2,044,409 $1,413,693
2022 $40,025 $3,390,297 $2,004,323 $1,385,974
2021 $39,536 $3,323,822 $1,965,023 $1,358,799
2020 $39,950 $3,289,742 $1,944,875 $1,344,867
2019 $38,343 $3,225,239 $1,906,741 $1,318,498
2018 $38,210 $3,162,000 $1,869,354 $1,292,646
2016 $30,742 $2,552,034 $1,442,456 $1,109,578
2015 $30,289 $2,513,701 $1,420,789 $1,092,912
2014 $30,373 $2,464,462 $1,392,958 $1,071,504
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 22-221897

The MLS

APN: 5527-033-020