NOT LISTED FOR SALE

454 Cuesta Way Los Angeles, CA 90077

Bel Air Neighborhood

Estimated Value: $7,484,000 - $137,166,128

7 Beds
8 Baths
9,368 Sq Ft
$7,720/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $15,000,000 $1,601 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $481,832/month

36 Days on Market

Highlights

  • Guest House
  • Art Studio
  • City Lights View
  • Warner Avenue Elementary Rated A
  • Garage Apartment
  • 1.88 Acre Lot

About This Home

As of July 2013

First time on the market in 35 years. Italian / Colonial Revival architecture with an exquisite 1.88 acre setting down a long gated private driveway in prime East Gate Bel Air. Towering ceilings, walls of glass overlooking private terraces, verdant gardens and large pool. Large master suite plus 3 additional bedrooms, 6 baths, maid's room, 2 bedroom guest apartment and 1 bedroom guest quarters. Parking for 10 - 15 cars. Views of Century City and Downtown Los Angeles on this street to street lot. Privacy and security for the most discerning buyer. An absolute treasure and remarkable value. Located at the end of a cul de sac, designed by Weston & Weston architects in 1928.

Last Agent to Sell the Property

Joyce Rey

Coldwell Banker Realty License #00465013 Listed on: 04/29/2013

Coldwell Banker Realty

Co-Listed By

Linda May

Carolwood Estates License #00475038

Last Buyer's Agent

Tyrone McKillen

Plus Real Estate License #01915539

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180,557

Year Built

  • Built in 1928

Lot Details

  • 1.88 Acre Lot
  • Property is zoned LARE20

Property Views

  • City Lights
  • Trees

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 9,368 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den
  • Art Studio
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 8 Bathrooms

Parking

  • 10 Car Garage
  • Garage Apartment

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4362-019-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180,557

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 9368
  • Lot Acreage: 1.8800
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 7
  • Fireplaces: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 1590.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4362-019-004
  • Geocode Override: No
  • Lot Size Area: 82037

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2017
Sold by
Cuesta Estate Llc
Bought by
Jackson Vernell and 454 Cuesta Way Trust #1
Current Estimated Value
$72,325,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800,000
Outstanding Balance
$43,375,260
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$28,949,804

Purchase Details

Closed on
Oct 6, 2015
Sold by
Cuesta Estate Llc
Bought by
Cuesta Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
3.71%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 18, 2013
Sold by
Lidow Alexander and Lidow Derek
Bought by
Cuesta Estates Llc
Seller's Agent
Joyce Rey
Coldwell Banker Realty
Buyer's Agent
Tyrone McKillen
Plus Real Estate
List Price
$14,900,000
Sold Price
$15,000,000
Premium/Discount to List
$100,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$16,250,000
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 1998
Sold by
Lidow Eric and Lidow Elizabeth
Bought by
Lidow Eric and Lidow Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,665,000
Interest Rate
5%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Lidow Eric
Bought by
Lidow Eric and Lidow Elizabeth
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
Jackson Vernell $88,000,000 Chicago Title Company
Cuesta Estate Llc -- Chicago Title Company
Cuesta Estates Llc $15,000,150 Equity Title
Lidow Eric -- --
Lidow Eric -- --
Lidow Eric -- --
Lidow Eric -- --
Lidow Eric -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Vernell $52,800,000
Previous Owner Cuesta Estate Llc $8,000,000
Previous Owner Cuesta Estates Llc $16,250,000
Previous Owner Lidow Eric $2,665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2013 07/05/13 Sold $15,000,000 +0.7% $1,601 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $14,900,000 -- $1,591 / 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 $1,180,557 $100,130,126 $65,994,107 $34,136,019
2024 $1,180,557 $98,166,791 $64,700,105 $33,466,686
2023 $1,157,187 $96,241,953 $63,431,476 $32,810,477
2022 $1,102,593 $94,354,857 $62,187,722 $32,167,135
2021 $1,089,846 $92,504,762 $60,968,355 $31,536,407
2019 $1,056,677 $89,761,020 $59,160,000 $30,601,020
2018 $1,054,213 $88,001,000 $58,000,000 $30,001,000
2016 $185,685 $15,533,020 $15,533,020 $0
2015 $183,323 $15,299,700 $14,585,714 $713,986
2014 $183,815 $15,000,000 $14,300,000 $700,000
Source: Public Records

Agents Affiliated with this Home

  • Joyce Rey

    Seller's Agent in 2013

    Joyce Rey

    Coldwell Banker Realty

    (310) 273-3113

    6 in this area

    81 Total Sales

    Joyce Rey
    Section Image
  • Linda May

    Seller Co-Listing Agent in 2013

    Linda May

    Carolwood Estates

    (310) 777-6247

    12 in this area

    49 Total Sales

    Linda May
    Section Image
  • Tyrone McKillen

    Buyer's Agent in 2013

    Tyrone McKillen

    Plus Real Estate

    (949) 212-8721

    5 in this area

    58 Total Sales

    Tyrone McKillen
    Section Image
  • Drew Fenton

    Buyer Co-Listing Agent in 2013

    Drew Fenton

    Carolwood Estates

    (310) 492-0701

    8 in this area

    86 Total Sales

    Drew Fenton
    Section Image
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Map

Source: The MLS

MLS Number: 13-668567

The MLS

APN: 4362-019-004

California Los Angeles County Los Angeles 90077 Bel Air

454 Cuesta Way, Los Angeles, CA

This home is located at 454 Cuesta Way, Los Angeles, CA 90077 since 29 April 2013 and is currently estimated at $72,325,064, approximately $7,720 per square foot. This property was built in 1928. 454 Cuesta Way is a home located in Los Angeles County with nearby schools including Warner Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and University High School Charter.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
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