$94,000,000
SOLD OCT 24, 2019
12 Beds
21 Baths
38,000 Sq Ft
1.08 Acres

Recently Sold

$2,474 Per Sq Ft

37% Below List Price

282 Days on Market

Highlights

  • Ocean View
  • Housekeeping Services
  • Steam Room
  • Warner Avenue Elementary Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of October 2019

Modern Sophistication in East Gate Bel Air. The pinnacle of splendor & luxury. 38k sq ft new construction home +17k sqft of entertainment decks, 2 master suites, 10 over-sized VIP guest suites, 21 luxurious bathrooms, 3 gourmet kitchens, 5 bars, massage studio/wellness spa, state-of-the-art fitness center, 85-foot glass tile infinity swimming pool, 40-seat 4K Dolby Atmos Theater, 4 lane bowling alley/lounge, auto gallery, outdoor pop-up theater, 2 fully-stocked champagne/wine cellars, the most advanced home tech system in the world. Astonishing array of amenities & bespoke items from around the world, 4 meticulously curated levels, indoor/outdoor nirvana enhanced by 270-degree unobstructed views spanning from the mountains all the way to the ocean and the incredible Los Angeles skyline in-between.

Last Agent to Sell the Property

Branden Williams

The Beverly Hills Estates License #01774287 Listed on: 01/15/2019

The Beverly Hills Estates

Co-Listed By

Rayni Williams

The Beverly Hills Estates License #01496786

Last Buyer's Agent

Ben Bacal

Revel Real Estate License #01437782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $839,800

Year Built

  • Built in 2016

Lot Details

  • 1.08 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Mountain
  • Park or Greenbelt

Home Design

  • Modern Architecture

Interior Spaces

  • 38,000 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Decorative Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Den with Fireplace
  • Library
  • Bonus Room with Fireplace
  • Recreation Room
  • Sun or Florida Room
  • Utility Room
  • Sauna
  • Home Gym

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Granite
  • Marble

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 21 Full Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • Attached Garage
  • Oversized Parking
  • Circular Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking
  • Parking Garage Space
  • Controlled Entrance

Pool

  • Heated Infinity Pool
  • Heated Spa

Outdoor Features

  • Enclosed patio or porch
  • Fire Pit
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4370-026-014

Community Details

Overview

  • No Home Owners Association
  • Association fees include alarm system, building and grounds, cable TV, electricity, maintenance paid

Amenities

  • Housekeeping Services
  • Sundeck
  • Community Fire Pit
  • Steam Room
  • Sauna
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$839,800

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 38000
  • Stories: 4
  • Year Built: 2016
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath, Bonus Room, Decorative, Den, Dining, Family Room, Fire Pit, Great Room, Living Room, Master Retreat, Patio
  • Flooring: Granite, Hardwood, Marble, Mixed, Stone, Wood
  • Bedrooms: 12
  • Full Bathroom: 21
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 21.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Bar Ice Maker, Built-Ins, Cable, Dishwasher, Dryer, Electric Dryer Hookup, Elevator, Freezer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Intercom, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 3947.00

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Green Belt, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Above Street Level, Attached, Auto Driveway Gate, Circular Driveway, Community Garage, Controlled Entrance, Oversized, Parking Space

Utilities

  • Cooling: Air Conditioning, Dual, Multi/Zone
  • Heating: Central, Forced Air

Association/Amenities

  • Amenities: Billiard Room, Controlled Access, Elevator, Exercise Room, Extra Storage, Fire Pit, Fitness Center, Gated Parking, Golf, Greenbelt/Park, Guest Parking, Hot Water, Maid Service, Meeting Room, Playground, Pool, Rec Multipurpose Rm, Sauna, Security, Separate Guest Room, Separate Maids Qtrs, Spa, Steam Room, Sun Deck, Unknown

Condo/Co-op/Association

  • Association Fees Include: Alarm System, Building and Grounds, Cable TV, Electricity, Maintenance Paid
  • HOA: No

Lot Info

  • Assessor Parcel Number: 4370-026-014
  • Geocode Override: No
  • Lot Size Area: 46931

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Oct 16, 2019
Sold by
924 Bel Air Road Llc
Bought by
Wintersun Properties Llc
Seller's Agent
Branden Williams
The Beverly Hills Estates
Buyer's Agent
Ben Bacal
Revel Real Estate
List Price
$150,000,000
Sold Price
$94,000,000
Premium/Discount to List
-$56,000,000
-37.33%
Current Estimated Value
$69,030,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,969,636
Avg. Annual Appreciation
-5.49%
Original Mortgage
$58,280,000
Outstanding Balance
$28,754,878
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,388,724

Purchase Details

Closed on
Jul 18, 2013
Sold by
Strahan Michael
Bought by
924 Bel Air Road Llc

Purchase Details

Listed on
Jan 15, 2012
Closed on
Apr 20, 2012
Sold by
Larian Farhad
Bought by
Strahan Michael and 2012 Ms California Revocable Trust
Seller's Agent
Joseph Babajian
Rodeo Realty
Buyer's Agent
Robert Hurwitz
Hurwitz James Company
List Price
$8,749,000
Sold Price
$7,900,000
Premium/Discount to List
-$849,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%
Original Mortgage
$2,000,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 2004
Sold by
Anderson Kenneth J
Bought by
Larian Farhad

Purchase Details

Closed on
Jan 10, 2002
Sold by
Friedberg Barry S
Bought by
Anderson Kenneth J and The Shangri La Trust

Purchase Details

Closed on
Jun 2, 2000
Sold by
Brotman Toni Tr Brotman Trust
Bought by
Friedberg Barry S

Purchase Details

Closed on
Jun 16, 1995
Sold by
April Rand S
Bought by
Brotman Toni and Brotman 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
$1,000,000
Interest Rate
7.92%

Purchase Details

Closed on
Oct 14, 1993
Sold by
Barish Keith
Bought by
April Rand S
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
Warranty Deed $94,000,000 Fidelity National Title
Grant Deed $11,000,110 Lawyers Title
Grant Deed $7,900,079 California Title Company
Grant Deed -- Equity Title
Grant Deed -- Equity Title
Interfamily Deed Transfer -- Equity Title
Individual Deed -- Provident Title Company
Grant Deed -- Provident Title Company
Grant Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,280,000 Purchase Money Mortgage
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $3,100,000 New Conventional
Previous Owner $950,000 Unknown
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $94,000,000 -37.3% $2,474 / Sq Ft
01/15/2019 01/15/19 For Sale $150,000,000 +1798.7% $3,947 / Sq Ft
05/07/2012 05/07/12 Sold $7,900,000 -9.7% $1,145 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
01/15/2012 01/15/12 For Sale $8,749,000 -- $1,268 / 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 $839,800 $69,693,135 $15,814,980 $53,878,155
2023 $823,209 $68,326,604 $15,504,883 $52,821,721
2022 $784,437 $66,986,867 $15,200,866 $51,786,001
2021 $775,247 $65,673,400 $14,902,810 $50,770,590
2019 $1,367,254 $116,148,420 $12,088,092 $104,060,328
2018 $1,364,528 $113,871,001 $11,851,071 $102,019,930
2017 $151,661 $12,615,238 $11,618,698 $996,540
2016 $136,781 $11,390,880 $7,248,742 $4,142,138
2015 $134,759 $11,219,780 $7,139,860 $4,079,920
2014 $135,105 $11,000,000 $7,000,000 $4,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-423950

The MLS

APN: 4370-026-014