$44,000,000
SOLD OCT 22, 2024
9 Beds
13 Baths
16,225 Sq Ft
1.98 Acres

Recently Sold

$2,712 Per Sq Ft

9% Below List Price

264 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • Cabana
  • Warner Avenue Elementary Rated A
  • Wine Cellar
  • Sauna

About This Home

As of October 2024

Hidden on a sprawling approx. two-acre parcel within coveted, ultra-private, guard-gated, and celebrity-rich North Beverly Park is this resplendent French Chateau of the highest quality, promising a life of endless comfort and enduring enjoyment. Rolling lawns are enveloped by lush, mature trees to form a peaceful traditional estate of timeless appeal and modern classic elegance. A marvelous double-height foyer is accented by coffered gold-leaf ceilings as the most impeccable, finest finishes abound throughout. Recently redesigned by interior design firm Elysienne of Los Angeles, the exceptional estate comprises nine bedrooms and thirteen bathrooms spanning more than 16,000 square feet of living space. Luxurious, first-class amenities include billiard/card room, plush theatre, formal living room with wet bar and adjacent library, wine cellar, and gym. The country kitchen exudes rustic charm with copper farm sink, wood-burning fireplace, recipe desk, butler's pantry, six ovens, La Cornue stove, and exposed beams overhead. The Parisian primary wing includes dual bathrooms, one of which is complete with sauna and steam shower, and closets plus an attached study/office, and all secondary bedrooms are en-suite. There are antique French chandeliers throughout the residence as well as seven wood-burning fireplaces in total. Floors are marble, wood, and travertine. The mansion's park-like grounds present a resort-like pool, two pool cabanas with individual outdoor televisions, guest house, full lighted tennis court with viewing gazebo, outdoor kitchen pavilion with two hidden TVs, and al-fresco entertaining patio, vegetable and herb gardens, vineyard, and expansive Philadelphia cobblestone motor court. A complete-property backup generator is able to power the main home, all outdoor structures, and landscaping.

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 01/10/2024

Compass

Last Buyer's Agent

Aaron Kirman

Christie's International Real Estate SoCal License #01296524

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136,894

Year Built

  • Built in 1996

Lot Details

  • 1.98 Acre Lot
  • Property is zoned LARE40

HOA Fees

  • $6,216 Monthly HOA Fees

Property Views

  • City
  • Trees

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 16,225 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wood Burning Fireplace
  • Entryway
  • Wine Cellar
  • Family Room on Second Floor
  • Living Room with Fireplace
  • 7 Fireplaces
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Sauna
  • Home Gym
  • Alarm System

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 11 Open Parking Spaces
  • 4 Car Garage
  • Driveway

Pool

  • Cabana
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Enclosed Patio or Porch

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4386-014-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,894

Year Built

Built in 1996

Lot Details

0

HOA Fees

$6,216 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 16225
  • Lot Acreage: 1.9797
  • Stories: 2
  • Year Built: 1996
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Library, Patio, Guest House, Master Retreat, Wood Burning
  • Flooring: Wood, Tile, Carpet
  • Bedrooms: 9
  • Fireplaces: 7
  • Full Bathroom: 10
  • Half Bathroom: 3
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 13.00
  • Den: 1
  • Equipment: Washer, Dryer, Refrigerator, Range/Oven, Microwave, Elevator, Dishwasher, Freezer, Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 2989.21

Exterior Features

  • Other Structures: Cabana, GuestHouse
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Tree Top, City
  • View: Yes

Garage/Parking

  • Other Spaces: 11
  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car, Driveway
  • Total Parking: 15

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 6216.47
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4386-014-031
  • Lot Size Area: 86236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Sep 9, 2024
Sold by
Larry And Paulette Parsons Cohen Family and Cohen Larry
Bought by
51 Beverly Park Way Llc
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Aaron Kirman
Christie's International Real Estate SoCal
List Price
$48,500,000
Sold Price
$44,000,000
Premium/Discount to List
-$4,500,000
-9.28%
Views
1685
Current Estimated Value
$20,453,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,546,129
Avg. Annual Appreciation
-56.12%

Purchase Details

Closed on
Aug 10, 1999
Sold by
Cohen Larry and Cohen Paulette P
Bought by
Cohen Larry and Cohen Paulette Parsons

Purchase Details

Closed on
Nov 10, 1997
Sold by
40 North Beverly Park
Bought by
Cohen Larry and Cohen Paulette P

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
7.3%

Purchase Details

Closed on
Jul 20, 1993
Sold by
First Charter Bank N A
Bought by
40 North Beverly Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $44,000,000 Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed -- Chicago Title Co
Corporate Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 No Value Available
Previous Owner $750,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold $44,000,000 -9.3% $2,712 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $48,500,000 -- $2,989 / 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 $136,894 $44,000,000 $34,000,000 $10,000,000
2024 $136,894 $11,240,507 $6,574,979 $4,665,528
2023 $134,224 $11,020,106 $6,446,058 $4,574,048
2022 $127,984 $10,804,026 $6,319,665 $4,484,361
2021 $126,434 $10,592,183 $6,195,750 $4,396,433
2019 $122,561 $10,278,015 $6,011,982 $4,266,033
2018 $121,679 $10,076,486 $5,894,100 $4,182,386
2016 $116,358 $9,685,206 $5,665,226 $4,019,980
2015 $114,637 $9,539,727 $5,580,130 $3,959,597
2014 $114,969 $9,352,857 $5,470,823 $3,882,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-339325

The MLS

APN: 4386-014-031