NOT LISTED FOR SALE

Estimated Value: $3,994,867 - $4,343,000

5 Beds
6 Baths
4,267 Sq Ft
$964/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $4,300,000 $1,008 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $26,754/month

28 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • 3 Car Garage
  • City View
  • Central Heating and Cooling System

About This Home

As of October 2023

Comprised of THREE, distinct residences : 848, 850, 850 1/2 Harper is a one-of-one designer compound nearly impossible to duplicate with a flexibility unrivaled in the category. The 1938 California Spanish hacienda-style duplex has been thoughtfully restored and updated incorporating tasteful materials throughout (Sub Zero, Wolf). Each residence features 2 bedrooms and 2 bathrooms on a single level, living in approximately 1500sf, per unit. This is where it gets really good: The third residence, a separate and modern aerie (2017) has been created with the most discerning level of quality and style. Approached via the gated driveway, this two-level California contemporary opens to a voluminous and highly unexpected loft-like space featuring weathered stone flooring from Exquisite Surfaces, highly-custom metal and millwork, and 12-inch French white oak floors in the main living areas. A European stone island includes Sub-Zero refrigerated drawers, appliances by Gaggenau and Miele with washroom fittings by Vola. Solid slab showers in bath with stunning custom stone and millwork vanities lend to a feeling of quality you would expect in a home that could have just been published in Architectural Digest. A private roof deck featuring Ipe wood flooring, a firepit, outdoor kitchen, spa and shower with built-in audio complete the experience with explosive views of the city and the surrounding Hills. 2-car garage and off-street parking for at least an additional 3-5 cars. Home automation by Control 4 is fully integrated throughout. Fully gated and hedged for security and privacy on one of the Melrose Place neighborhood's most coveted streets, where Los Angeles' most desirable walking, shopping and cafes are located.

Last Agent to Sell the Property

Eric Lavey

The Beverly Hills Estates License #01511292 Listed on: 09/07/2023

The Beverly Hills Estates

Last Buyer's Agent

Billy Nistico

Compass License #02009254

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $52,017

Year Built

  • Built in 1938

Lot Details

  • 6,680

Property Views

  • City
  • Hills

Home Design

  • Split Level Home

Interior Spaces

  • 4,267 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Additional Features

  • 6,680 Sq Ft Lot
  • Guest House
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5529-010-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$52,017

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4267
  • Lot Acreage: 0.1534
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Stone
  • Bedrooms: 5
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 935.79

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • View: City, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Garage, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 22.92
  • Assessed Improvement Value: 585235
  • Assessed Land Percent: 77.08
  • Assessed Land Value: 1968562
  • Total Assessed Value: 2553797
  • Assessor Parcel Number: 5529-010-030
  • Lot Size Area: 6680

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Residential
  • Vacancy Rate: 2 units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2017
Sold by
Doheny 1008 Llc
Bought by
Fairwater Properties Llc
Current Estimated Value
$4,114,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,000
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 4, 2017
Closed on
May 10, 2017
Sold by
Kaminoff Victor Michael
Bought by
Doheny 1008 Llc
Seller's Agent
Victor Kaminoff
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,295,000
Sold Price
$2,335,125
Premium/Discount to List
$40,125
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
May 6, 2005
Sold by
Kaminoff Victor
Bought by
Kaminoff Victor Michael and Victor Michael Kaminoff Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2005
Sold by
Young Leonard
Bought by
Kaminoff Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 1998
Sold by
Abrams Linda T
Bought by
Young Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
6.69%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fairwater Properties Llc -- Fidelity Sherman Oaks
Doheny 1008 Llc $2,335,500 Equity Title Company
Kaminoff Victor Michael -- --
Kaminoff Victor $1,417,500 Equity Title Company
Young Leonard $551,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairw $1,100,000
Closed Fairwater Properties Llc $1,165,000
Previous Owner Kaminoff Victor Michael $100,000
Previous Owner Kaminoff Victor Michael $1,228,500
Previous Owner Kaminoff Victor $103,179
Previous Owner Kaminoff Victor $962,500
Previous Owner Young Leonard $523,000
Previous Owner Young Leonard $510,000
Previous Owner Young Leonard $510,000
Previous Owner Young Leonard $100,000
Previous Owner Young Leonard $55,100
Previous Owner Young Leonard $440,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $4,300,000 +7.7% $1,008 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $3,993,000 +71.0% $936 / Sq Ft
05/18/2017 05/18/17 Sold $2,335,125 +1.7% $769 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $2,295,000 0.0% $756 / Sq Ft
08/06/2013 08/06/13 Rented $3,800 +1.3% --
08/06/2013 08/06/13 Under Contract -- -- --
07/25/2013 07/25/13 For Rent $3,750 -- --
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 $52,017 $4,386,000 $2,856,000 $1,530,000
2024 $52,017 $4,300,000 $2,800,000 $1,500,000
2023 $31,676 $2,604,872 $2,007,933 $596,939
2022 $30,196 $2,553,797 $1,968,562 $585,235
2021 $29,829 $2,503,723 $1,929,963 $573,760
2020 $30,140 $2,478,051 $1,910,174 $567,877
2019 $28,929 $2,429,463 $1,872,720 $556,743
2018 $28,815 $2,381,827 $1,836,000 $545,827
2016 $20,175 $1,669,096 $1,165,719 $503,377
2015 $19,879 $1,644,025 $1,148,209 $495,816
2014 $17,423 $1,405,000 $1,003,500 $401,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-306145

The MLS

APN: 5529-010-030