NOT LISTED FOR SALE

Estimated Value: $7,552,000 - $12,899,310

6 Beds
9 Baths
7,983 Sq Ft
$1,188/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $13,100,000 $1,641 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $58,176/month

177 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Gourmet Kitchen
  • Warner Avenue Elementary Rated A
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of January 2024

Situated in the prestigious hills of Bel Air sits this breathtaking property, offering an unparalleled combination of elegance and privacy with panoramic views. Cut into a soaring Ficas hedge alongside a 270' long stone wall is a tall grand gate that opens to a meticulously landscaped yard featuring a beautiful water feature and welcoming you to your front door. Upon entering the meticulously renovated residence, you are immediately struck by the abundance of natural light that floods the open living spaces. The interior boasts exquisite craftsmanship, high ceilings, and expansive floor-to-ceiling doors and windows that perfectly frame the breathtaking vistas. The spacious living room is an entertainer's dream, featuring a wood burning fireplace and sumptuous bar with seamless integration to the outdoor living areas. The gourmet Waterworks kitchen is a culinary enthusiast's delight, equipped with top-of-the-line appliances, sleek cabinetry, and a generous island for culinary creations and casual dining. The primary suite is a private oasis, offering a serene retreat from the outside world. It features two en-suite bathrooms, one with walk in shower and soaking tub alongside French doors opening to a private juliette balcony. The other, a steam shower with door opening to a private balcony with more wide open vistas and stunning sunsets. Additionally, the suite offers a spacious private balcony where you can unwind and enjoy the tranquil, spectacular canyon views to the distant snowcapped San Gabriel mountains. The lush backyard hosts a generous sized pool, spa and built-in BBQ. Additionally, the home underwent a 4-year renovation and is equipped with smart home technology, ensuring comfort and convenience at your fingertips. Whether you are hosting an elegant soiree or simply seeking a peaceful sanctuary, 1260 Bel Air Rd provides the perfect setting.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 06/21/2023

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Paul Czako

Gussman Czako Estates License #01061342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,759

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 1.77 Acre Lot
  • Lot Dimensions are 238x320
  • Fenced Yard
  • Gated Home
  • Lawn
  • Back and Front Yard
  • Property is zoned LARE40

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway
  • Auto Driveway Gate

Property Views

  • Mountain
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,983 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Intercom

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Sunken Shower or Bathtub
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4370-029-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,759

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7983
  • Lot Acreage: 1.7671
  • Lot Dimensions: 238x320
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting, Bar, Coffered Ceiling(s), Wet Bar, Living Room Deck Attached
  • Fireplace Rooms: Living Room, Patio, Master Bedroom, Fire Pit, Family Room, Master Retreat
  • Flooring: Hardwood, Mixed, Tile
  • Appliances: Microwave, Cooktop - Gas, Range Hood, Built-Ins, Oven, Range, Gas, Built-In BBQ
  • Bedrooms: 6
  • Full Bathroom: 7
  • Half Bathroom: 2
  • Bedroom Features: Master Bedroom, Master Suite, Master Retreat, WalkInCloset, Dressing Area
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Sunken Tub, Double Vanity(s), Linen Closet, Powder Room, Tile, Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, Kitchen Island, In Kitchen, Breakfast Nook
  • Kitchen Features: Pantry, Island, Counter Top, Gourmet Kitchen
  • Laundry: Laundry Area, Inside, Room
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Refrigerator, Washer, Garbage Disposal, Freezer, Intercom, Dryer
  • Price Per S Q F T: 1753.10

Exterior Features

  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+)
  • Other Structures: None
  • Patio: Covered, Deck(s), Covered Porch, Patio Open
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Heated, Hot Tub, Private, In Ground
  • Spa Yn: Yes
  • View: Mountains, Tree Top, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage, Private, Private Garage, Driveway, Direct Entrance, Gated, Driveway Gate
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Automatic Gate
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4370-029-007
  • Lot Description: Back Yard, Front Yard, Fenced Yard, Lawn, Fenced, Yard, Automatic Gate
  • Lot Size Area: 76971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jan 2, 2024
Sold by
Ordon Family Trust
Bought by
1260 Bel Air Road Land Trust and Salzman
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Paul Czako
Gussman Czako Estates
List Price
$14,995,000
Sold Price
$13,100,000
Premium/Discount to List
-$1,895,000
-12.64%
Views
1343
Current Estimated Value
$9,484,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,615,422
Avg. Annual Appreciation
-20.25%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Ordon Andrew P and Ordon Robyn
Bought by
Ordon Andrew P and Ordon Robyn

Purchase Details

Listed on
Feb 18, 2015
Closed on
Jun 2, 2015
Sold by
Moers Hillary
Bought by
Ordon Andrew P and Ordon Robyn
Seller's Agent
Jeeb O'reilly
Christie's International Real Estate SoCal
Buyer's Agent
Nancie Richards
Core Real Estate Group
List Price
$5,695,000
Sold Price
$5,500,000
Premium/Discount to List
-$195,000
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Mar 13, 2006
Sold by
Moers Andrew and Brownstone Equity Appreciation
Bought by
Moers Hillary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,685,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Brief Barry
Bought by
Moers Andrew and Brownstone Equity Appreciation Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,665,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Babajian Joseph A
Bought by
Brief Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,665,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
1260 Bel Air Road Land Trust $13,100,000 First American Title
Ordon Andrew P -- None Available
Ordon Andrew P $5,500,000 Old Republic Title Company
Moers Hillary -- First Southwestern Title
Moers Hillary -- First Southwestern Title
Moers Andrew -- California Title Company
Brief Barry $4,100,000 California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ordon Andrew P $3,000,000
Previous Owner Moers Hillary $2,685,000
Previous Owner Brief Barry $2,665,000
Previous Owner Babajian Joseph A $200,000
Previous Owner Babajian Joseph A $2,824,000
Previous Owner Babajian Joseph A $2,000,000
Previous Owner Babajian Joseph A $20,700
Closed Brief Barry $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $13,100,000 -6.4% $1,641 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
09/24/2023 09/24/23 Price Changed $13,995,000 -1.8% $1,753 / Sq Ft
09/22/2023 09/22/23 Price Changed $14,250,000 -5.0% $1,785 / Sq Ft
06/21/2023 06/21/23 For Sale $14,995,000 +172.6% $1,878 / Sq Ft
06/11/2015 06/11/15 Sold $5,500,000 -0.9% $970 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
05/02/2015 05/02/15 Price Changed $5,550,000 -2.5% $979 / Sq Ft
03/20/2015 03/20/15 For Sale $5,695,000 +3.5% $1,004 / Sq Ft
03/19/2015 03/19/15 Off Market $5,500,000 -- --
02/18/2015 02/18/15 For Sale $5,695,000 -- $1,004 / 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
2025 $82,759 $13,362,000 $9,690,000 $3,672,000
2024 $82,759 $6,821,444 $5,184,450 $1,636,994
2023 $81,140 $6,687,692 $5,082,795 $1,604,897
2022 $77,365 $6,556,562 $4,983,133 $1,573,429
2021 $76,443 $6,428,003 $4,885,425 $1,542,578
2019 $72,422 $6,097,150 $4,740,521 $1,356,629
2018 $70,226 $5,809,462 $4,647,570 $1,161,892
2016 $67,174 $5,583,875 $4,467,100 $1,116,775
2015 $57,221 $4,755,218 $3,827,372 $927,846
2014 $57,401 $4,662,071 $3,752,400 $909,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-278981

The MLS

APN: 4370-029-007