NOT LISTED FOR SALE

Estimated Value: $4,379,000 - $5,664,000

4 Beds
4.5 Baths
4,363 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $4,150,000 $951 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $30,543/month

42 Days on Market

Highlights

  • Ocean View
  • Family Room with Fireplace
  • Bonus Room
  • Maid or Guest Quarters
  • Mediterranean Architecture
  • No HOA

About This Home

As of March 2021

The Laurel View Residence (1926) by A.F. Leicht. A true architectural trophy with 270 degree jetliner views just above the Sunset Strip. This former home of Marlon Brando features huge towering flying buttresses overlooking neighboring architectural works, Frank Lloyd Wright's Storer Residence (1923), and Charles Kyson's De Witt House (1925). Over 4300 s.f. of dramatic architecture with incredible use of vaulted ceilings and grand rooms to impress. Huge living room with city views - where Brando was famously photographed with his first Oscar in 1955 - informal large living, library, dining room to seat up to 20 people, new kitchen, charming breakfast room, master suite with sunroom and drop-dead city views, stunning tile bathrooms, and three other bedrooms in the main house.

Last Agent to Sell the Property

Marc Silver

The Agency License #01875513 Listed on: 01/15/2021

The Agency

Last Buyer's Agent

Josh Flagg

Compass License #01470467

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,709

Year Built

  • Built in 1926

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LARE9

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,363 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Den
  • Bonus Room
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5556-028-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,709

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 4363
  • Lot Acreage: 0.2894
  • Stories: 4
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Family Room, Living Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 984.41

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5556-028-018
  • Lot Size Area: 12607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 16, 2021
Sold by
Marne Russell K and Getty John Gilbert
Bought by
Balquhidder Llc
Seller's Agent
Marc Silver
The Agency
Buyer's Agent
Josh Flagg
Compass
List Price
$4,295,000
Sold Price
$4,150,000
Premium/Discount to List
-$145,000
-3.38%
Current Estimated Value
$4,980,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,239
Avg. Annual Appreciation
4.05%

Purchase Details

Listed on
Mar 16, 2018
Closed on
Aug 13, 2018
Sold by
Vergne Philippe Jean Marie and Chivaratanond Sylvia
Bought by
Getty John Gilbert
Seller's Agent
Barry Sloane
Compass
Buyer's Agent
Marc Silver
The Agency
List Price
$3,795,000
Sold Price
$3,900,000
Premium/Discount to List
$105,000
2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 14, 2015
Closed on
Mar 13, 2015
Sold by
Polizzi Janet W and The Survivor Trust Of The Poli
Bought by
Vergne Philippe Jean Marie and Chivaratanond Sylvia
Seller's Agent
Linda May
Carolwood Estates
Buyer's Agent
Ron Roth
Media West Realty,Inc.
List Price
$3,495,000
Sold Price
$3,100,000
Premium/Discount to List
-$395,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$2,325,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2015
Sold by
Polizzi Janet W and Survivors Trust Of The Polizzi
Bought by
Polizzi Janet W and Survivors Trust Of The Polizzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 2003
Sold by
Polizzi Janet W
Bought by
Polizzi Janet W and The Polizzi Family Trust

Purchase Details

Closed on
Nov 5, 2002
Sold by
Polizzi Janet W and Polizzi Janet W
Bought by
Polizzi Janet W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%

Purchase Details

Closed on
Sep 25, 2002
Sold by
Lanning John Ronald
Bought by
Polizzi Janet W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%

Purchase Details

Closed on
Apr 4, 1995
Sold by
Polizzi Janet W and The Polizzi Family Trust
Bought by
Polizzi Janet W and The Polizzi Family Trust
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
Balquhidder Llc $4,150,000 Equity Title
Getty John Gilbert $3,900,000 Equity Title Company
Vergne Philippe Jean Marie $3,100,000 Equity Title
Polizzi Janet W -- Nations Title Company
Polizzi Janet W -- --
Polizzi Janet W -- North American Title Co
Polizzi Janet W -- North American Title Co
Polizzi Janet W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Getty John Gilbert $3,000,000
Previous Owner Vergne Philippe Jean Marie $2,325,000
Previous Owner Polizzi Janet W $1,495,000
Previous Owner Polizzi Janet W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2021 03/24/21 Sold $4,150,000 -3.4% $951 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $4,295,000 +10.1% $984 / Sq Ft
08/29/2018 08/29/18 Sold $3,900,000 -2.4% $894 / Sq Ft View Prior Sale
07/31/2018 07/31/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $3,995,000 +5.3% $916 / Sq Ft
03/16/2018 03/16/18 For Sale $3,795,000 +22.4% $870 / Sq Ft
04/10/2015 04/10/15 Sold $3,100,000 -5.9% $711 / Sq Ft View Prior Sale
04/03/2015 04/03/15 Pending -- -- --
02/25/2015 02/25/15 Price Changed $3,295,000 -5.7% $755 / Sq Ft
01/14/2015 01/14/15 For Sale $3,495,000 -- $801 / 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 $53,709 $4,492,092 $3,593,674 $898,418
2024 $53,709 $4,404,012 $3,523,210 $880,802
2023 $52,664 $4,317,660 $3,454,128 $863,532
2022 $50,235 $4,233,000 $3,386,400 $846,600
2021 $48,096 $4,019,211 $3,215,369 $803,842
2020 $48,530 $3,978,000 $3,182,400 $795,600
2019 $46,586 $3,900,000 $3,120,000 $780,000
2018 $39,811 $3,274,423 $2,619,539 $654,884
2016 $38,058 $3,147,275 $2,517,820 $629,455
2015 $10,117 $802,796 $380,269 $422,527
2014 $10,154 $787,072 $372,821 $414,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-680992

The MLS

APN: 5556-028-018