924 Bel Air Rd Los Angeles, CA 90077
Bel Air Neighborhood
5
Beds
6.5
Baths
6,898
Sq Ft
1.07
Acres
Highlights
- Ocean View
- Detached Guest House
- Heated In Ground Pool
- Warner Avenue Elementary Rated A
- Projection Room
- Sauna
About This Home
As of October 2019Incredible opportunity. Rare lower Bel Air estate on over an acre with panoramic city to ocean views. This property goes from Bel Air Rd to Nimes. Located through the prestigious East gate. Walled and gated Meditteranean with courtyard entry. Spacious living room, formal dining, family room and office -- all with walls of glass. Luxurious master suite has sitting room & huge terrace. Two more bedroom suites, screening room with wet bar, gym, detached guest house & pool. Plans available for approximately 15,000 sq. ft. estate with motorcourt access directly into public rooms. CAN ONLY BE SHOWN WITH 24 HR NOTICE.
Last Agent to Sell the Property
Rodeo Realty License #00813384 Listed on: 01/15/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $839,800
Year Built
- Built in 1926
Lot Details
- 1.07 Acre Lot
- Gated Home
- Property is zoned LARE20
Property Views
- Ocean
- City Lights
- Mountain
Home Design
- Mediterranean Architecture
Interior Spaces
- 3-Story Property
- Built-In Features
- Family Room
- Living Room with Fireplace
- 4 Fireplaces
- Dining Room
- Projection Room
- Home Theater
- Den with Fireplace
- Library
- Sauna
- Home Gym
- Intercom
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Powder Room
- 6.5 Bathrooms
- Fireplace in Bathroom
- Spa Bath
Parking
- 3 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Heated In Ground Pool
- Covered patio or porch
Additional Features
- Detached Guest House
- Central Heating and Cooling System
Community Details
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4370-026-014
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
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
Similar Home in the area
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Home Values in the Area
Average Home Value in this Area
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
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
-
Branden Williams
Seller's Agent in 2019
Branden Williams
The Beverly Hills Estates
(310) 278-3311
14 in this area
193 Total Sales
-
Rayni Williams
Seller Co-Listing Agent in 2019
Rayni Williams
The Beverly Hills Estates
(310) 925-9281
12 in this area
160 Total Sales
-
Ben Bacal
Buyer's Agent in 2019
Ben Bacal
Revel Real Estate
(214) 502-0366
3 in this area
43 Total Sales
-
Joseph Babajian
Seller's Agent in 2012
Joseph Babajian
Rodeo Realty
(310) 490-7800
9 in this area
68 Total Sales
-
Myra Nourmand
Seller Co-Listing Agent in 2012
Myra Nourmand
Nourmand & Associates-BH
(323) 460-6360
3 in this area
34 Total Sales
-
Robert Hurwitz
Buyer's Agent in 2012
Robert Hurwitz
Hurwitz James Company
(310) 701-0880
28 Total Sales
Map
Source: The MLS
MLS Number: 12-575803
APN: 4370-026-014
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