$22,950,000
$2M PRICE DROP

Estimated payment $144,944/month

Total Views 49,423
1.06 Acres
$21,648,901 Price per Acre
46,178 Sq Ft Lot

Highlights

  • Ocean View
  • Warner Avenue Elementary Rated A
  • 1.06 Acre Lot

About This Lot

A remarkable development opportunity in Bel Air designed by world renowned architect Noah Walker. This property offers a rare chance to own a visionary masterpiece in one of the most exclusive locations / streets in the world. Ascend a private driveway to this 1 acre + site, graded and mostly flat. Plans are fully approved to build an approx 17,000 SF estate, carefully designed to have unobstructed views from Downtown LA to the Pacific Ocean. Nestled among the world's most prestigious estates, and just a short 5-minute drive from the esteemed East Gate of Bel Air or Bel Air Hotel. Shown to qualified buyers only.

Listing Agent

Tyrone McKillen

Plus Real Estate License #01915539

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $205,134

Year Built

  • 1955

Lot Details

  • 1.06 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • Coastline
  • Panoramic

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4370-019-049

Property Details

Property Type

Land

Est. Annual Taxes

$205,134

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.0601
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1955

Exterior Features

  • View: Panoramic, Water, Coastline, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4370-019-049
  • Lot Size Area: 46191

Map

Range of Values:

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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

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 $205,134 $16,979,327 $13,583,462 $3,395,865
2023 $201,095 $16,646,400 $13,317,120 $3,329,280
2022 $191,669 $16,320,000 $13,056,000 $3,264,000
2021 $253,320 $21,435,797 $15,005,058 $6,430,739
2020 $255,949 $21,216,000 $20,400,000 $816,000
2019 $245,580 $20,800,000 $20,000,000 $800,000
2018 $128,393 $10,659,000 $9,996,000 $663,000
2017 $11,119 $856,015 $297,041 $558,974
2016 $10,778 $839,231 $291,217 $548,014
2015 $10,629 $826,626 $286,843 $539,783
2014 $10,686 $810,435 $281,225 $529,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Price Changed $22,950,000 -8.0% --
07/17/2023 07/17/23 For Sale $24,950,000 +55.9% --
12/08/2020 12/08/20 Sold $16,000,000 -5.9% $2,503 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $16,995,000 -18.3% $2,658 / Sq Ft
09/17/2018 09/17/18 Sold $20,800,000 -11.3% $3,254 / Sq Ft
07/06/2018 07/06/18 For Sale $23,450,000 +124.4% $3,668 / Sq Ft
05/10/2017 05/10/17 Sold $10,450,000 0.0% $1,177 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
01/01/2016 01/01/16 For Sale $10,450,000 -- $1,177 / Sq Ft
Source: The MLS

Deed History

Date Type Sale Price Title Company
Grant Deed $16,000,000 Equity Title Company
Grant Deed $20,800,000 None Available
Grant Deed $10,045,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title Company
Quit Claim Deed -- First American Title Co
Personal Reps Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,450,000 Adjustable Rate Mortgage/ARM
Previous Owner $350,000 Unknown
Previous Owner $1,150,000 Unknown
Previous Owner $700,000 Unknown
Previous Owner $3,900,000 Unknown
Previous Owner $1,100,000 Credit Line Revolving
Previous Owner $3,750,000 Unknown
Source: Public Records

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Source: The MLS

MLS Number: 23-289448

The MLS

APN: 4370-019-049