NOT LISTED FOR SALE

Estimated Value: $2,195,000 - $4,210,475

4 Beds
5 Baths
6,100 Sq Ft
$570/Sq Ft Est. Value

Highlights

  • Detached Guest House
  • 13,501 Sq Ft lot
  • Contemporary Architecture
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of August 2016

Extraordinary Lavish Contemporary Compound just off Melrose Place. Completely updated, restored and expanded by the current owner - cabinetry was done by Marmol Radziner. Steel, Glass & Concrete tour de force. Gated, private and secure, this compound provides for an unparalleled living / work space complete with furniture/furnishings. There are 3 - 4 bedrooms in the main house plus a fully self contained 2 story GH. The kitchen is a master chefs dream with multiple cooking apparatus and 20' ceilings, gorgeous principle rooms for entertaining with superb flow and scale. Masterbedroom is outstanding with a huge ensuite complete with spa style tub, sep shower, Japanese soaking tub, sauna, huge walk-in closet , sitting area w/FP Pool, Cabana and many off street parking spaces along with a 3 car garage.

Last Agent to Rent the Property

Brent Watson

The Beverly Hills Estates License #01183125 Listed on: 07/23/2016

The Beverly Hills Estates

Last Renter's Agent

Blair Chang

The Agency License #01248419

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,948

Year Built

  • 1937

Lot Details

  • 0.31

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,100 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Oven or Range
  • Laundry in Garage

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Parking

  • 8 Car Attached Garage
  • Uncovered Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Outdoor Fireplace
  • 0.31 Acre Lot
  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $70,000
  • Tenant pays for cable TV, electricity, gas, insurance, water
  • Negotiable Lease Term

Community Details

Amenities

  • Sauna

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,948

Year Built

1937

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Lease Option: 1
  • Security Deposit: 70000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 6100
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1937

Interior Features

  • Fireplace Rooms: Dining, Exterior, Living Room, Master Bedroom
  • Flooring: Cement, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 5.74

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage Is Detached, Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Pool, Sauna, Spa
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 13501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2009
Sold by
Barton Allen
Bought by
Elias Melvin
Current Estimated Value
$3,981,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Katselas Milton
Bought by
Katselas Milton and Milton Katselas Living Trust

Purchase Details

Closed on
May 25, 2004
Sold by
Katselas Milton
Bought by
Katselas Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 2, 1999
Sold by
Zeitlin Jacob I
Bought by
Katselas Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.01%

Purchase Details

Closed on
Oct 18, 1998
Sold by
Katselas Milton
Bought by
Katselas Milton and The Milton Katselas Living Trust

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
6.54%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Katselas Milton
Bought by
Katselas Milton and The Milton Katselas Living Trust

Purchase Details

Closed on
Feb 4, 1998
Sold by
Katselas Milton
Bought by
Katselas Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.9%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Katselas Milton
Bought by
Katselas Milton and The Milton Katselas Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.66%

Purchase Details

Closed on
Jun 6, 1996
Sold by
Katselas Milton
Bought by
Katselas Milton
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
Elias Melvin $1,800,000 Usa National Title Company
Katselas Milton -- --
Katselas Milton -- Chicago Title Co
Katselas Milton $379,000 Equity Title
Katselas Milton -- Southland Title Corporation
Katselas Milton -- Southland Title Corporation
Katselas Milton -- Fidelity Title
Katselas Milton -- Gateway Title Company
Katselas Milton -- --
Katselas Milton -- United Title
Katselas Milton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Melvin $1,100,000
Closed Elias Melvin $1,620,000
Closed Elias Melvin $1,170,000
Previous Owner Katselas Milton $2,000,000
Previous Owner Katselas Milton $1,750,000
Previous Owner Katselas Milton $200,000
Previous Owner Katselas Milton $1,400,000
Previous Owner Katselas Milton $303,200
Previous Owner Katselas Milton $330,000
Previous Owner Katselas Milton $150,000
Previous Owner Katselas Milton $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Rented $35,000 0.0% --
07/23/2016 07/23/16 For Rent $35,000 +22.8% --
02/13/2015 02/13/15 Rented $28,500 0.0% --
02/11/2015 02/11/15 Under Contract -- -- --
01/08/2015 01/08/15 For Rent $28,500 -- --
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 $28,948 $2,403,093 $1,419,924 $983,169
2024 $28,948 $2,355,975 $1,392,083 $963,892
2023 $28,390 $2,309,781 $1,364,788 $944,993
2022 $27,076 $2,264,492 $1,338,028 $926,464
2021 $26,739 $2,220,092 $1,311,793 $908,299
2019 $25,940 $2,154,245 $1,272,886 $881,359
2018 $25,755 $2,112,006 $1,247,928 $864,078
2016 $24,626 $2,029,996 $1,199,470 $830,526
2015 $24,266 $1,999,504 $1,181,453 $818,051
2014 $24,339 $1,960,337 $1,158,310 $802,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-146544

The MLS

APN: 5529-006-074