NOT LISTED FOR SALE

Estimated Value: $6,453,000 - $8,249,364

5 Beds
6 Baths
8,082 Sq Ft
$946/Sq Ft Est. Value

Last Sold May 17, 2012

Last sale price $4,200,000 $520 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $45,659/month

159 Days on Market

Highlights

  • Attached Guest House
  • Home Theater
  • City Lights View
  • Franklin Avenue Elementary Rated A-
  • Heated In Ground Pool
  • 59,241 Sq Ft lot

About This Home

As of May 2012

This exquisitely designed private estate is situated on 1.3 acres overlooking the city and its landmarks and is located in a uniquely tranquil and private setting. 15 minutes from Beverly Hills, this home offers over 8,000 sq.ft. of interior space, 5 bedrooms, 6 baths, multiple private balconies, an expansive grand pool with a pool house, home theater, and a relaxing library. Perched above the city lights this unique property boasts commanding views from almost every room. Additional highlights include: grand entry, bright formal living and dining rooms with head-on city views, soaring ceilings throughout; an entertainers' paradise, this estate can easily accommodate 200 guests for entertaining.

Last Agent to Sell the Property

Connie De Groot

Nourmand & Associates-BW License #01400884 Listed on: 10/23/2011

Last Buyer's Agent

Sharon Choe

Omni Realty & Investment Group License #01127228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,539

Year Built

  • Built in 2000

Lot Details

  • 1.36 Acre Lot
  • Gated Home
  • Property is zoned LARE11

Property Views

  • City Lights
  • Views of a landmark
  • Canyon
  • Pool

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 8,082 Sq Ft Home
  • Built-In Features
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Library with Fireplace

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 6 Full Bathrooms
  • Fireplace in Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Lanai

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5588-033-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,539

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 8082
  • Year Built: 2000
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Bath, Family Room, Gas, Library, Master Bedroom
  • Flooring: Hardwood, Marble, Mixed
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Galley Kitchen, Island, Pantry
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 569.17

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Bath Tub, Hot Tub, Private
  • View: Canyon, City Lights, Landmark, Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Door Opener, Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5588-033-034
  • Lot Size Area: 59241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
L & M Cali Oak Inc
Bought by
L & M Oak Llc
Current Estimated Value
$7,643,455

Purchase Details

Listed on
Oct 23, 2011
Closed on
May 2, 2012
Sold by
Ji Yeng Pil and Ji Kyong Mi
Bought by
L & M California Inc
Seller's Agent
Connie De Groot
Nourmand & Associates-BW
Buyer's Agent
Sharon Choe
Omni Realty & Investment Group
List Price
$4,950,000
Sold Price
$4,200,000
Premium/Discount to List
-$750,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Jul 15, 2007
Sold by
Ji Yeng Pil and Ji Kyong Mi
Bought by
Ji Yeng Pil and Ji Kyong Mi

Purchase Details

Closed on
Oct 26, 2006
Sold by
Liu Eric P H
Bought by
Ji Yeng Pil and Ji Kyong Mi

Home Financials for this Owner

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

Purchase Details

Closed on
Jun 18, 2004
Sold by
Kelly Christopher W
Bought by
Liu Eric P H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 1998
Sold by
Daewoo International Corp
Bought by
Kelly Christopher Wayne and Liu Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.91%

Purchase Details

Closed on
Dec 28, 1993
Sold by
Chu Kyong Ton
Bought by
Chu Hea Ran
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
L & M Oak Llc -- Chicago Title Company
L & M California Inc $4,200,042 Chicago Title Company
Ji Yeng Pil -- None Available
Ji Yeng Pil $4,450,000 Equity Title
Liu Eric P H -- --
Kelly Christopher Wayne $780,000 South Coast Title
Chu Hea Ran -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ji Yeng Pil $3,000,000
Previous Owner Kelly Christopher Wayne $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2012 05/17/12 Sold $4,200,000 -8.7% $520 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/08/2012 03/08/12 Price Changed $4,600,000 -7.1% $569 / Sq Ft
10/23/2011 10/23/11 For Sale $4,950,000 -- $612 / 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 $63,539 $5,275,430 $3,265,745 $2,009,685
2024 $63,539 $5,171,991 $3,201,711 $1,970,280
2023 $62,308 $5,070,581 $3,138,933 $1,931,648
2022 $59,418 $4,971,159 $3,077,386 $1,893,773
2021 $58,693 $4,873,687 $3,017,046 $1,856,641
2019 $56,941 $4,729,132 $2,927,559 $1,801,573
2018 $56,620 $4,636,405 $2,870,156 $1,766,249
2016 $54,155 $4,456,369 $2,758,705 $1,697,664
2015 $53,364 $4,389,431 $2,717,267 $1,672,164
2014 $53,524 $4,303,449 $2,664,040 $1,639,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-562139

The MLS

APN: 5588-033-034