NOT LISTED FOR SALE

Estimated Value: $7,363,864

4 Beds
6 Baths
4,320 Sq Ft
$1,705/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $7,600,000 $1,759 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $46,099/month

57 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • 2.07 Acre Lot
  • Warner Avenue Elementary Rated A
  • City Lights View
  • Midcentury Modern Architecture

About This Home

As of May 2022

Sited on a breathtaking view promontory in prime Lower Bel Air, this view estate sited on nearly 2 acres is one of the best development or fixer opportunities in Los Angeles surrounded by $30M-$295M homes. Once the home of famed singer, Tom Jones, this Mid-Century modern home features grand scale and walls of glass that showcase unobstructed city and canyon views from almost every room. Designed by celebrated architect William R. Stephenson, this architectural masterpiece is privately sited behind gates and features a large motorcourt, 4 Beds & 6 Baths, an open floorplan featuring an incredible indoor-outdoor flow, sparkling pool, and large, contiguous patio perfect for entertaining. All bedroom suites are expansive, and the primary suite boasts a viewing deck, wet bar, fireplace, walk-in closet, and massive windows that showcase stunning canyon and city views. The sheer acreage and buildable pad provide endless opportunities to potentially redevelop this property to include an impressive residence featuring 18,000SF+/- of interior living space. This is a once in a lifetime opportunity to build a legendary new construction tour-de-force, or simply remodel the existing home featuring great bones amongst multimillion dollar estates such as it's direct neighbor, "The One."

Last Agent to Sell the Property

Neyshia Go

Sotheby's International Realty License #01933923 Listed on: 01/24/2022

Sotheby's International Realty

Co-Listed By

Craig White

Sotheby's International Realty License #01884948

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 2.07 Acre Lot
  • Gated Home
  • Property is zoned LARE40

Property Views

  • City Lights
  • Golf Course
  • Woods
  • Hills

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Formal Entry
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Detached Carport Space
  • Private Parking
  • Auto Driveway Gate
  • Driveway

Pool

  • In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4370-005-035

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

2.07 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 4320
  • Lot Acreage: 2.0689
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1896.99

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: City Lights, City, Hills, Golf Course, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Carport Detached, Private, Driveway Gate, Driveway, Oversized
  • Total Parking: 6

Utilities

  • Security: Gated, Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4370-005-035
  • Lot Size Area: 79827

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Apr 22, 2022
Sold by
Pacific Riviera Collection Llc
Bought by
South Coast Builders Llc
Seller's Agent
Neyshia Go
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$8,195,000
Sold Price
$7,600,000
Premium/Discount to List
-$595,000
-7.26%
Current Estimated Value
$7,363,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,136
Original Mortgage
$3,060,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2013
Sold by
Ruiz Mario J
Bought by
Lawrencek100 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,125,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2013
Sold by
Ruiz Mario J
Bought by
Ruiz Mario J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,125,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2012
Sold by
Ruiz Mario J
Bought by
Sanchez Mario Jesus Ruiz

Purchase Details

Closed on
Aug 1, 2011
Sold by
Ruiz Mario J
Bought by
Ruiz Mario J and White Door Irrevocable Trust

Purchase Details

Closed on
Nov 21, 2006
Sold by
Woodward Thomas John and Woodward 1988 Family Trust
Bought by
Ruiz Mario J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,765,000
Interest Rate
8.72%
Mortgage Type
Negative Amortization
Source: Public Records
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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
South Coast Builders Llc $5,100,000 Chicago Title
960 Stradella Llc $7,600,000 Chicago Title
Lawrencek100 Llc $5,150,000 Fatcola
Ruiz Mario J -- None Available
Sanchez Mario Jesus Ruiz -- None Available
Ruiz Mario J -- None Available
Ruiz Mario J $3,950,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner South Coast Builders Llc $3,060,000
Previous Owner Lawrencek100 Llc $3,125,000
Previous Owner Ruiz Mario J $2,765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $7,600,000 -7.3% $1,759 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $8,195,000 0.0% $1,897 / Sq Ft
02/06/2018 02/06/18 Rented $14,000 -6.7% --
01/26/2018 01/26/18 Price Changed $15,000 -25.0% $3 / Sq Ft
12/10/2017 12/10/17 For Rent $20,000 +60.0% --
03/04/2016 03/04/16 Rented $12,500 0.0% --
01/25/2016 01/25/16 Price Changed $12,500 -10.7% $3 / Sq Ft
01/11/2016 01/11/16 For Rent $14,000 -22.2% --
04/08/2014 04/08/14 Rented $18,000 +5.9% --
04/08/2014 04/08/14 Under Contract -- -- --
01/22/2014 01/22/14 For Rent $17,000 -- --
Source: The MLS

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
2022 $70,553 $5,949,059 $4,620,630 $1,328,429
2021 $69,795 $5,832,412 $4,530,030 $1,302,382
2019 $67,632 $5,659,421 $4,395,668 $1,263,753
2018 $67,348 $5,548,453 $4,309,479 $1,238,974
2016 $64,448 $5,333,002 $4,142,138 $1,190,864
2015 $63,501 $5,252,897 $4,079,920 $1,172,977
2014 $63,713 $5,150,000 $4,000,000 $1,150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-121083

The MLS

APN: 4370-005-035

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