NOT LISTED FOR SALE

Estimated Value: $5,858,000 - $12,867,609

5 Beds
5.5 Baths
4,428 Sq Ft
$2,114/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2017

Last sale price $14,600,000 $3,297 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $66,632 / mo

59 Days on Market

Highlights

  • In Ground Pool
  • 140,339 Sq Ft lot
  • Deck
  • Warner Avenue Elementary Rated A
  • View of Hills
  • Main Floor Primary Bedroom

About This Home

As of November 2017

Probate sale, subject to overbidding and court confirmation. Accepted offer. The court date will be Sept. 22nd, 8:30 AM, Dept. 99 at 111 N. Hill Street. L.A. Overbidding will start at $12,663,000. Exciting/contractor opportunity to own this unique gated home plus an additional 5 lots extending from Strada Vecchia to Bel Air Road. This 5 bedroom home was once the garage for the estate "Capo di Monte"{Top of the Mountain}. Per Wikimapia it is the oldest standing structure in Bel Air. The gated property opens into a large motor court with space for 8 or more cars. Enter through the double door entry into a large formal marble floored entry and then into the spacious living room and formal dining room. The master suite is on the main level, 2 bedrooms (one with FP and own bath) upstairs and a den and maid's suite downstairs. Views everywhere and there is even a head on city/ocean view along one of the many pathways. Besides the motor court there is a 2 car garage with potential direct access and additional driveway parking. There is a pool that has been drained and may leak. Potential tear down and a perfect opportunity to create a paradise unequaled. Requires all cash due to property condition. Stated lot square footage includes all 6 lots.

Last Agent to Sell the Property

Sue Bernstein

Rodeo Realty License #01068367 Listed on: 07/25/2017

Rodeo Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 3.22 Acre Lot
  • 4370-023-022,4370-023-042,4370-025-028,4370-025-032,4370-025-040
  • Property is zoned LARE20

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Fixer Upper

Interior Spaces

  • 4,428 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13772
  • Assessor Parcel Number 4370023023

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

3.22 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARE20
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4370023023
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4428.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Den, Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3297.20
  • Room Type: Den, Formal Entry, Living Room, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Hills
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4370-023-022,4370-023-042,4370-025-028,4370-025-032,4370-025-040
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 140339.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2621.00
  • Tax Lot: 1
  • Tax Tract Number: 13772

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Sep 29, 2017
Sold by
Bought by
Seller's Agent
Sue Bernstein
Rodeo Realty
List Price
$9,900,000
Sold Price
$14,600,000
Premium/Discount to List
$4,700,000
47.47%
Current Estimated Value
$9,362,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,237,195
Avg. Annual Appreciation
-5.02%

Purchase Details

Closed on
Sep 20, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$14,600,000 Progressive Title Company
-- --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/09/2017 11/09/17 Sold $14,600,000 +47.5% $3,297 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $9,900,000 -- $2,236 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $196,271 $16,447,320 $15,929,609 $517,711
2024 $194,190 $16,124,824 $15,617,264 $507,560
2023 $190,356 $15,808,652 $15,311,044 $497,608
2022 $181,409 $15,498,679 $15,010,828 $487,851
2021 $179,301 $15,194,785 $14,716,499 $478,286
2019 $173,790 $14,744,100 $14,280,000 $464,100
2018 $173,489 $14,455,000 $14,000,000 $455,000
2017 $4,883 $365,929 $173,000 $192,929
2016 $4,693 $358,755 $169,608 $189,147
2015 $4,629 $353,367 $167,061 $186,306
2014 $4,703 $346,446 $163,789 $182,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17168069

California Regional Multiple Listing Service (CRMLS)

APN: 4370-023-023

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