NOT LISTED FOR SALE

Estimated Value: $8,267,000 - $24,181,688

7 Beds
13 Baths
14,061 Sq Ft
$1,154/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $21,500,000 $1,529 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $108,635/month

Highlights

  • Detached Guest House
  • Tennis Courts
  • Home Theater
  • Warner Avenue Elementary Rated A
  • Gated with Attendant
  • Pool House

About This Home

As of September 2022

Welcome to the most exclusive and coveted enclave of North Beverly Park. This private guard gated community features a majestic villa on approximately 3.6 acres. The grand two-story entry elegantly flows towards the living room with outdoor patio, a wood-paneled office, formal dining room, and family room with a bar. Discover intricate fireplaces across the main gathering areas as well as arched windows that encompass sunlight and frame the outdoor views. Upstairs features a luxurious master suite with dual bathrooms and walk-in closets, fireplace, and a large terrace overlooking the manicured grounds. Additionally, there are four en-suite bedrooms, office and impressive entertainment wing with bar and media room. Mature palm trees and lush landscaping surround the property with a swimmer's pool and dual spas, pool house with kitchen, outdoor dining pavilion and a firepit. Enjoy a game of tennis on the North/South sunken tennis court. Indulge in the ultimate indoor-outdoor lifestyle in this awe-inspiring Beverly Hills community.

Last Agent to Rent the Property

Ariyan Afshar

Compass License #01753779 Listed on: 06/20/2022

Compass

Co-Listed By

Evan Dolmatsky

Compass License #01968687

Last Renter's Agent

Barron Hilton

Hilton Hilton License #02049154

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270,383

Year Built

  • Built in 1995

Lot Details

  • 3.63 Acre Lot
  • Property is zoned LARE40

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 14,061 Sq Ft Home
  • Furnished
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Home Theater
  • Home Office
  • Canyon Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • 6 Parking Spaces
  • Private Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Security Deposit $320,000
  • Tenant pays for gas, cable TV, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4386-013-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$270,383

Year Built

Built in 1995

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 320000
  • Tenant Pays: Gas, Cable TV, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 14061
  • Lot Acreage: 3.6329
  • Year Built: 1995
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas, Master Bedroom, Living Room, Dining, Fire Pit, Family Room
  • Flooring: Marble, Tile, Wood, Carpet
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 9
  • Half Bathroom: 4
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 13.00
  • Den: 0
  • Equipment: Range/Oven, Microwave, Dishwasher, Garbage Disposal, Alarm System, Intercom, Satellite, Built-Ins, Barbeque, Dryer, Refrigerator, Freezer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 11.38

Exterior Features

  • Other Structures: Pool House
  • Tennis Court: North/South
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Garage Is Attached, Garage - 4+ Car, Private
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Guarded

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4386-013-019
  • Lot Size Area: 158251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Oct 26, 2021
Sold by
Knutson Robert B and Knutson Miryam
Bought by
Oak Investments Inc
Seller's Agent
Jeffrey Hyland
Hilton & Hyland
Buyer's Agent
Jeffrey Hyland
Hilton & Hyland
List Price
$38,000,000
Sold Price
$21,500,000
Premium/Discount to List
-$16,500,000
-43.42%
Current Estimated Value
$16,224,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,275,656
Avg. Annual Appreciation
-7.18%

Purchase Details

Closed on
Apr 16, 2018
Sold by
Burroughs James and Burroughs Janis
Bought by
Knutson Robert B and Knutson Miryam

Purchase Details

Closed on
Jun 14, 1999
Sold by
Leader Inc
Bought by
Burroughs James and Burroughs Janis

Purchase Details

Closed on
Oct 12, 1993
Sold by
North Beverly Park Development
Bought by
Leader Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.94%
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 Buyer Sale Price Title Company
Oak Investments Inc $21,500,000 First American Title Company
Knutson Robert B $25,000,000 First American Title Company
Burroughs James $120,000 Stewart Title
Leader Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knutson Robert B $14,000,000
Previous Owner Leader Inc $4,950,000
Previous Owner Leader Inc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2022 09/05/22 Rented $120,000 -25.0% --
06/20/2022 06/20/22 For Rent $160,000 -28.9% --
02/23/2022 02/23/22 Rented $225,000 +50.0% --
02/01/2022 02/01/22 For Rent $150,000 0.0% --
11/10/2021 11/10/21 Sold $21,500,000 -20.1% $1,529 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $26,900,000 -10.0% $1,913 / Sq Ft
06/09/2021 06/09/21 Price Changed $29,900,000 -12.1% $2,126 / Sq Ft
02/01/2021 02/01/21 Price Changed $34,000,000 -10.5% $2,418 / Sq Ft
12/08/2020 12/08/20 For Sale $38,000,000 -- $2,703 / 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 $270,383 $22,815,972 $17,509,932 $5,306,040
2024 $270,383 $22,368,600 $17,166,600 $5,202,000
2023 $265,064 $21,930,000 $16,830,000 $5,100,000
2022 $252,636 $21,500,000 $16,500,000 $5,000,000
2021 $310,695 $26,279,463 $18,395,624 $7,883,839
2019 $301,222 $25,500,000 $17,850,000 $7,650,000
2018 $195,036 $16,209,732 $9,455,678 $6,754,054
2016 $186,609 $15,580,290 $9,088,503 $6,491,787
2015 $183,842 $15,346,261 $8,951,986 $6,394,275
2014 $184,334 $15,045,649 $8,776,629 $6,269,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-170213

The MLS

APN: 4386-013-019