$16,515,000
SOLD AUG 30, 2019
6 Beds
10 Baths
12,530 Sq Ft
0.47 Acres

Recently Sold

$1,318 Per Sq Ft

25% Below List Price

66 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • West Hollywood Elementary School Rated A-
  • 20,622 Sq Ft lot
  • Wood Flooring

About This Home

As of August 2019

Located high atop the exclusive Oriole Way in the Bird Streets, a star-studded neighborhood only minutes from Beverly Hills and the Sunset Strip, this immaculate contemporary masterpiece offers an unparalleled luxury environment. The panoramic view spans the entire LA skyline, stretching all the way to the Pacific Ocean. Impressive 2000 sq ft master suite has an enormous walk-in closet along with five other bedrooms and ten bathrooms. The outdoor area includes opulent landscaping, a full outdoor kitchen, and an infinity pool overlooking all of LA, making this a perfect place for entertaining. The property also includes a spa, gym, and a massive movie theater, creating a tranquil compound in the midst of the best part of Los Angeles.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 06/21/2019

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Patricia Waltcher

License #01176473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $213,729

Year Built

  • Built in 2015

Lot Details

  • 0.47 Acre Lot
  • Property is zoned LARE15

Parking

  • 12 Car Direct Access Garage

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Modern Architecture

Interior Spaces

  • 12,530 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Features

  • Fire Pit
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5560-006-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$213,729

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: Located high atop the exclusive Oriole Way in the Bird Streets, a star-studded neighborhood only minutes from Beverly Hills and the Sunset Strip, this immaculate contemporary masterpiece offers an unparalleled luxury environment. The panoramic view spans the entire LA skyline, stretching all the way to the Pacific Ocean. Impressive 2000 sq ft master suite has an enormous walk-in closet along with five other bedrooms and ten bathrooms. The outdoor area includes opulent landscaping, a full outdoor kitchen, and an infinity pool overlooking all of LA, making this a perfect place for entertaining. The property also includes a spa, gym, and a massive movie theater, creating a tranquil compound in the midst of the best part of Los Angeles.
  • Living Area: 12530
  • Stories: 3
  • Year Built: 2015
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Fire Pit, Gas, Gas Starter, Master Bedroom
  • Flooring: Terrazzo, Wood
  • Bedrooms: 6
  • Full Bathroom: 7
  • Half Bathroom: 3
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 10.00
  • Den: 0
  • Price Per S Q F T: 1755.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: City, City Lights, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Garage - 4+ Car
  • Total Parking: 12

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5560-006-026
  • Geocode Override: No
  • Lot Size Area: 20622

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Weiner Russell and Weiner Janet
Bought by
Weiner Russell
Current Estimated Value
$10,839,698

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 27, 2019
Sold by
Ok Wave Llc
Bought by
Weiner Russell and Weiner Janet
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Patricia Waltcher
List Price
$21,995,000
Sold Price
$16,515,000
Premium/Discount to List
-$5,480,000
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.91%

Purchase Details

Listed on
Dec 1, 2015
Closed on
Jan 13, 2016
Sold by
Nightingale Capital Llc
Bought by
Ok Wave Llc
Seller's Agent
Branden Williams
The Beverly Hills Estates
Buyer's Agent
Patricia Waltcher
List Price
$27,995,000
Sold Price
$27,000,000
Premium/Discount to List
-$995,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.70%

Purchase Details

Closed on
Mar 18, 2008
Sold by
Sassounian Soheil
Bought by
Nightingale Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,560,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2008
Sold by
Armstrong Florian Cloud Debounevialle
Bought by
Sassounian Soheil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,560,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Chayet Mark Jeffrey and Mark J Chayet Trust
Bought by
Armstrong Florian Cloud Debounevialle

Purchase Details

Closed on
Mar 14, 2003
Sold by
Chayet Mark Jeffrey and The Mark Jeffrey Chayet Revoca
Bought by
Chayet Mark Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,011,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1998
Sold by
Chayet Mark J
Bought by
Chayet Mark Jeffrey and Mark Jeffrey Chayet Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 28, 1995
Sold by
Wolf Joseph and Wolf Marilyn
Bought by
Chayet Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $16,515,000 Fidelity National Title
Grant Deed $27,000,000 Fidelity National Title
Grant Deed -- Accommodation
Grant Deed -- Equity Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $1,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,500,000 Credit Line Revolving
Previous Owner $3,560,000 Purchase Money Mortgage
Previous Owner $250,000 Unknown
Previous Owner $1,011,000 Purchase Money Mortgage
Previous Owner $150,000 Credit Line Revolving
Previous Owner $900,000 No Value Available
Previous Owner $150,000 Credit Line Revolving
Previous Owner $850,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $16,515,000 -24.9% $1,318 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $21,995,000 -18.5% $1,755 / Sq Ft
01/15/2016 01/15/16 Sold $27,000,000 -3.6% $2,155 / Sq Ft
12/01/2015 12/01/15 For Sale $27,995,000 -- $2,234 / 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
2024 $213,729 $17,707,414 $12,346,405 $5,361,009
2023 $209,517 $17,360,211 $12,104,319 $5,255,892
2022 $208,482 $17,775,000 $11,780,000 $5,995,000
2021 $197,316 $16,686,095 $11,634,295 $5,051,800
2020 $199,341 $16,515,000 $11,515,000 $5,000,000
2019 $337,602 $28,652,614 $18,676,729 $9,975,885
2018 $336,903 $28,090,799 $18,310,519 $9,780,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-472528

The MLS

APN: 5560-006-026