NOT LISTED FOR SALE

Estimated Value: $7,912,000 - $9,725,516

6 Beds
9 Baths
6,500 Sq Ft
$1,357/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $10,750,000 $1,654 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $59,189/month

44 Days on Market

Highlights

  • Water Views
  • Heated Infinity Pool
  • Contemporary Architecture
  • Home Theater
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of December 2021

This stunning three-story architectural masterpiece is located on one of the most prestigious streets in Los Angeles. The moment you enter the sweeping glass entryway, you're greeted with panoramic ocean views, which truly makes this home a prized property. The bright six-bedroom home is the epitome of California indoor/outdoor living, boasting sliding glass Fleetwood doors for direct access to the expansive backyard. The top of the line Chef's kitchen features Wolf and Sub Zero appliances, Dekton countertops, and Australian Oak cabinetry. The upper level holds four en-suite bedrooms, including a lavish master, with a grand walk-in closet and an oversized bathroom equipped with a steam shower and a stand-alone bathtub overlooking the ocean. The lower level features a state-of-the-art home theater, gym, fully illuminated onyx bar, temperature-controlled wine cellar, and a Crestron home automation system.

Last Agent to Sell the Property

Jennifer Beron

Compass License #01379368 Listed on: 10/18/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,777

Year Built

  • Built in 2018

Lot Details

  • 8,069 Sq Ft Lot
  • West Facing Home
  • Sprinkler System

Property Views

  • Water
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,500 Sq Ft Home
  • 3-Story Property
  • Bar
  • Metal Fireplace
  • Entryway
  • Great Room with Fireplace
  • 3 Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Gym
  • Walk-In Pantry
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Home Security

  • Prewired Security
  • Security Lights

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Pool

  • Heated Infinity Pool
  • In Ground Spa

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4494008021

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,777

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces West
  • Levels: Three Or More
  • Building Number Of Stories: 3
  • Building Style: Contemporary
  • Entry Location: Main Level
  • List Price per Sq Ft: 1684.62
  • Lp Sp Ratio: 0.9800
  • View Type: City Lights, Water, Panoramic, Mountain(s), Hills, City, Catalina
  • Year Built: 2018
  • Co Selling Office Address: 2113-2115 Main St., Santa Monica, CA 90405
  • Listing I D: 219069144
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 2113-2115 Main St., Santa Monica, CA 90405
  • Street Direction: N
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room, Master Bedroom, Living Room
  • Fireplace Features: Metal
  • Flooring: Wood
  • Total Bedrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 9.00
  • Full Bathrooms: 7
  • Laundry: Laundry Area
  • Estimated Sq Ft: 6500.00

Exterior Features

  • Other Features: Balcony
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Private, Infinity
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Driveway, Garage Door Opener
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Security: Card/Code Access, Prewired For Alarm, Exterior Security Lights
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 4494008021
  • Irrigation: Sprinkler System
  • Lot Size: 8069.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 10, 2021
Sold by
Buss Jesse and The Black Lotus Trust
Bought by
Sl West Adams Fund Ii Llc
Seller's Agent
Jennifer Beron
Compass
List Price
$10,950,000
Sold Price
$10,750,000
Premium/Discount to List
-$200,000
-1.83%
Current Estimated Value
$8,818,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,931,242
Avg. Annual Appreciation
-7.23%

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 12, 2018
Sold by
Westside Estates Llc
Bought by
Zapata Moses and The Black Of The Lotus Trust
Seller's Agent
Ari Shram
The Agency
Buyer's Agent
Jennifer Beron
Compass
List Price
$9,995,000
Sold Price
$9,750,000
Premium/Discount to List
-$245,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%

Purchase Details

Listed on
Nov 17, 2014
Closed on
Dec 4, 2014
Sold by
Silk Kline Sylvia and Tigertail Trust
Bought by
Westside Estates Llc
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Ari Shram
The Agency
List Price
$1,595,000
Sold Price
$1,836,000
Premium/Discount to List
$241,000
15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.78%
Original Mortgage
$1,841,250
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2012
Sold by
Kline George and Silk Kline Sylvia
Bought by
Kline Md George L and Silk Kline Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,900
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2011
Sold by
Kline George and Silk Kline Sylivia
Bought by
Kline Md George L and Silk Kline Sylvia

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
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Kline Md George L and Silk Kline Sylvia
Bought by
Kline Md George L and Silk Kline Sylvia

Purchase Details

Closed on
Jan 9, 2003
Sold by
Kline George L and Silk Kline Sylvia L
Bought by
Kline George and Silk Kline Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5.93%

Purchase Details

Closed on
Dec 8, 1993
Sold by
Kline George L and Silk Kline Sylvia L
Bought by
Kline George L and Silk Kline Sylvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.09%
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
Sl West Adams Fund Ii Llc $10,750,000 Equity Title Company
Zapata Moses $9,750,000 Chicago Title Company
Westside Estates Llc $1,836,000 Chicago Title Company
Kline Md George L -- Accommodation
Kline George -- Fidelity National Title Co
Kline Md George L -- Accommodation
Kline George -- Fidelity National Title Co
Kline Md George L -- --
Kline George -- Chicago Title Insurance Co
Kline George L -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buss Jesse $8,000,000
Previous Owner Westside Estates Llc $1,000,000
Previous Owner Westside Estates Llc $1,841,250
Previous Owner Kline George $297,900
Previous Owner Kline George $300,000
Previous Owner Kline George $500,000
Previous Owner Kline George $342,000
Previous Owner Kline George L $342,000
Previous Owner Kline George L $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $10,750,000 -1.8% $1,654 / Sq Ft
10/18/2021 10/18/21 For Sale $10,950,000 +12.3% $1,685 / Sq Ft
11/02/2018 11/02/18 Sold $9,750,000 -2.5% $1,500 / Sq Ft
09/20/2018 09/20/18 For Sale $9,995,000 +444.4% $1,538 / Sq Ft
12/16/2014 12/16/14 Sold $1,836,000 +15.1% $825 / Sq Ft
11/17/2014 11/17/14 For Sale $1,595,000 -- $717 / Sq Ft
Source: California Desert Association of REALTORS®

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 $134,777 $11,407,985 $7,985,590 $3,422,395
2024 $134,777 $11,184,300 $7,829,010 $3,355,290
2023 $132,118 $10,965,000 $7,675,500 $3,289,500
2022 $125,892 $10,750,000 $7,525,000 $3,225,000
2021 $118,639 $10,048,030 $6,183,403 $3,864,627
2019 $115,040 $9,750,000 $6,000,000 $3,750,000
2018 $23,531 $1,939,301 $1,551,442 $387,859
2016 $22,521 $1,863,998 $1,491,199 $372,799
2015 $24,026 $1,836,000 $1,468,800 $367,200
2014 $1,901 $136,756 $85,377 $51,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219069144

California Desert Association of REALTORS®

APN: 4494-008-021