NOT LISTED FOR SALE

7711 Mulholland Dr Los Angeles, CA 90046

Estimated Value: $1,588,168 - $3,305,000

3 Beds
3 Baths
4,120 Sq Ft
$662/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $1,250,000 $303 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $15,853/month

117 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • 5.61 Acre Lot
  • Rio Vista Elementary Rated A-
  • Panoramic View
  • Modern Architecture

About This Home

As of September 2022

DEVELOPMENT OPPORTUNITY -Don't miss this incredible opportunity to complete an architectural masterpiece on iconic Mulholland Drive. This rare 5.6 acre lot offers 180 degree panoramic city views, a breathtaking backdrop of the San Gabriel and Verdugo Mountains, and endless sparkling city lights. This architectural gem blends floor to ceiling glass, structural steel, polished and raw concrete, with open space, creating a symphony of modern architecture in harmony with the surrounding nature. This is a unique opportunity to create and complete an unrivaled compound in the Hollywood Hills. Acreage of this size is rarely available. Per plans total SqFT will be 4161, current structure is 2000SqFt. THIS HOME REQUIRES EXTENSIVE WORK TO FINISH. Property is unfinished and currently has no driveway or off-street parking. Systems are not completed and there is no kitchen or connection to sewer. NO Certificate of Occupancy. Per Architect, the plans for phase 2 (driveway, garage, and guesthouse) have not been submitted.

Last Agent to Sell the Property

Aaron Bernbach

Keller Williams Beverly Hills License #02038896 Listed on: 05/18/2022

Keller Williams Beverly Hills

Co-Listed By

Devin McNichol

Keller Williams Beverly Hills License #02038322

Keller Williams Beverly Hills

Last Buyer's Agent

Devin McNichol

Keller Williams Beverly Hills License #02038322

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,900

Lot Details

  • 5.61 Acre Lot
  • North Facing Home
  • Property is zoned LARE40

Property Views

  • Panoramic
  • City
  • Hills

Home Design

  • Home Under Construction
  • Modern Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Steel Siding

Interior Spaces

  • 4,120 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Concrete Flooring
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Open Patio

Additional Homes

  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2380-040-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: DEVELOPMENT OPPORTUNITY -Don't miss this incredible opportunity to complete an architectural masterpiece on iconic Mulholland Drive. This rare 5.6 acre lot offers 180 degree panoramic city views, a breathtaking backdrop of the San Gabriel and Verdugo Mountains, and endless sparkling city lights. This architectural gem blends floor to ceiling glass, structural steel, polished and raw concrete, with open space, creating a symphony of modern architecture in harmony with the surrounding nature. This is a unique opportunity to create and complete an unrivaled compound in the Hollywood Hills. Acreage of this size is rarely available. Per plans total SqFT will be 4161, current structure is 2000 SF. THIS HOME REQUIRES EXTENSIVE WORK TO FINISH. Property is unfinished and currently has no Certificate Of Occupancy, driveway, &Systems are not completed and there is no kitchen or connection to sewer.
  • Living Area: 4120
  • Lot Acreage: 5.6052
  • Property Condition: Under Construction, Repairs Major, Fixer
  • Stories: 1
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Cement
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 388.35

Exterior Features

  • Direction Faces: North
  • Construction: Glass, Steel Siding
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: Other
  • Guest House: Detached
  • Pool: Yes
  • Spa Yn: No
  • View: City, Panoramic, Hills
  • View: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2380-040-008
  • Lot Size Area: 244162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 22, 2022
Sold by
George Dunca Andrei
Bought by
Walking Media Inc
Seller's Agent
Aaron Bernbach
Keller Williams Beverly Hills
Buyer's Agent
Devin McNichol
Keller Williams Beverly Hills
List Price
$1,600,000
Sold Price
$1,250,000
Premium/Discount to List
-$350,000
-21.88%
Views
11
Current Estimated Value
$2,726,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,476,792
Avg. Annual Appreciation
30.15%

Purchase Details

Closed on
Jan 6, 2022
Sold by
Sprawling Rodney S
Bought by
Dunca Andrei G

Purchase Details

Closed on
Jul 9, 2020
Sold by
Alosio Gregory
Bought by
Sprawling Rodney S and Dunca Andrei G

Purchase Details

Closed on
Nov 29, 2007
Sold by
Liss Bennett and Liss Jeanine
Bought by
Alosio Gregory

Purchase Details

Closed on
Sep 14, 2004
Sold by
Summers Lloyd R
Bought by
Liss Bennett and Liss Jeanine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,228
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1977
Sold by
Petersen Arnold L
Bought by
Petersen Arnold L and Petersen Wilma Eleanor
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
Walking Media Inc $1,250,000 Progressive Title
Dunca Andrei G -- Progressive Title
Sprawling Rodney S $1,600,000 Lawyers Title
Alosio Gregory -- Chicago Title Co
Liss Bennett -- Chicago Title Corporation
Petersen Arnold L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liss Bennett $417,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $1,250,000 -21.9% $303 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $1,600,000 0.0% $388 / Sq Ft
08/18/2022 08/18/22 For Sale $1,600,000 -5.9% $388 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $1,700,000 -- $413 / 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 $15,900 $1,300,500 $1,040,400 $260,100
2024 $15,900 $1,275,000 $1,020,000 $255,000
2023 $16,599 $1,250,000 $1,000,000 $250,000
2022 $19,650 $1,632,000 $1,122,000 $510,000
2021 $19,432 $558,953 $421,062 $137,891
2020 $7,201 $553,223 $416,745 $136,478
2019 $6,932 $542,376 $408,574 $133,802
2018 $6,805 $531,742 $400,563 $131,179
2016 $7,447 $599,226 $385,009 $214,217
2015 $7,341 $590,226 $379,226 $211,000
2014 $3,594 $267,874 $267,874 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-158343

The MLS

APN: 2380-040-008