NOT LISTED FOR SALE

Estimated Value: $3,651,000 - $5,332,000

5 Beds
5.5 Baths
5,388 Sq Ft
$871/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $3,900,000 $724 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $30,171/month

123 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Wood Flooring
  • Warner Avenue Elementary Rated A
  • In Ground Pool
  • 3 Fireplaces

About This Home

As of November 2022

Best Development Opportunity in Beverly Hills. Unobstructed 270 degree views from city to ocean, and west facing sunset ocean views. 2 DIFFERENT CHOICES, BOTH PENCIL AND MAKE SENSE. OPTION #1 RTI (REMODEL) Plans for (Approx) 5400 SQFT Warm Architectural Stunner that uses existing footprint, adding full second story to home and incredible Primary Suite facing pool/ view. Completion time roughly 10 months. OPTION #2 ISSUED PLANS for 9400 SQFT BRAND NEW CONSTRUCTION Architectural Marvel designed by M-RAD Studios. Permits and Plans have been ISSUED (Start Tomorrow). All offers will be reviewed as they come in.

Last Listed By

Jacob Greene

Douglas Elliman of California, Inc. License #01933997 Listed on: 06/02/2022

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,477

Year Built

  • Built in 1961

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 111x240
  • Property is zoned LARE20

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Ocean
  • City Lights
  • Canyon

Home Design

  • Cottage
  • Fixer Upper

Interior Spaces

  • 5,388 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool
  • Spa

Additional Homes

  • Attached Guest House

Utilities

  • Zoned Cooling
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4356-020-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,477

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Advertising Remarks: Best Development Opportunity in Beverly Hills. 2 DIFFERENT CHOICES, BOTH PENCIL AND MAKE SENSE. OPTION #1 RTI Plans for (Approx) 5400 SQFT (REMODEL) Warm Architectural Stunner that uses existing footprint, adding partial upper level to home and incredible Primary Suite facing pool/ view. Completion time roughly 10 months. OPTION #2 ISSUED PLAND for 9400 SQFT BRAND NEW CONSTRUCTION Architectural Marvel designed by M-RAD Studios. Permits and Plans have been ISSUED (Start Tomorrow). All offers will be reviews as they come in.
  • Living Area: 5388
  • Lot Acreage: 0.6130
  • Lot Dimensions: 111x240
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 890.68

Exterior Features

  • Other Structures: None
  • Guest House: Attached
  • Pool: Yes
  • Spa Yn: Yes
  • View: City, City Lights, Ocean, Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Total Parking: 2

Utilities

  • Cooling: Multi/Zone
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4356-020-001
  • Lot Size Area: 26704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Nov 9, 2022
Sold by
Giacci Katarzyna
Bought by
Ledesma Julian
Seller's Agent
Jacob Greene
Douglas Elliman of California, Inc.
Buyer's Agent
Unknown Agent
Data Migration
List Price
$4,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,095,000
-21.92%
Total Days on Market
123
Views
56
Current Estimated Value
$4,690,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,667
Avg. Annual Appreciation
7.76%
Original Mortgage
$3,000,000
Interest Rate
9.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2022
Closed on
Nov 7, 2022
Sold by
Ledesma Julian
Bought by
1326 Beverly Llc
Seller's Agent
Jacob Greene
Douglas Elliman of California, Inc.
Buyer's Agent
Unknown Agent
Data Migration
List Price
$4,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,095,000
-21.92%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
9.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2022
Closed on
Sep 15, 2022
Sold by
Jke Ash Llc
Bought by
Ledesma Julian
Seller's Agent
Jacob Greene
Douglas Elliman of California, Inc.
Buyer's Agent
Unknown Agent
Data Migration
List Price
$4,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,095,000
-21.92%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
9.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2022
Sold by
Gini Properties Xii Llc
Bought by
Jke Ash Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2016
Sold by
Vias Properties Llc
Bought by
Gini Properties Xii Llc

Purchase Details

Closed on
Sep 21, 2015
Sold by
Lee Ann Jacobs Declaration Of Trust
Bought by
Nemeroff Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2015
Sold by
Nemeroff Lisa
Bought by
Vias Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1994
Sold by
Jacobs Lee Ann
Bought by
Jacobs Lee Ann and Lee Ann Jacobs Declaration Of Trust

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
Ledesma Julian -- First American Title
1326 Beverly Llc -- Accommodation/Courtesy Recordi
Ledesma Julian $3,900,000 First American Title
Jke Ash Llc $3,600,500 Fidelity National Title
Gini Properties Xii Llc $4,300,000 Fatcola
Vias Properties Llc $4,000,000 Fatcola
Jacobs Lee Ann -- --
Jacobs Lee Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1326 Beverly Llc $210,000
Open 1326 Beverly Llc $6,200,000
Closed Ledesma Julian $3,000,000
Closed 1326 Beverly Llc $1,100,000
Previous Owner Ledesma Julian $3,000,000
Previous Owner Jke Ash Llc $2,700,000
Previous Owner Jke Ash Llc $2,700,000
Previous Owner Vias Properties Llc $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $3,900,000 -18.7% $724 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
08/31/2022 08/31/22 Price Changed $4,799,000 -3.9% $891 / Sq Ft
06/02/2022 06/02/22 For Sale $4,995,000 +38.7% $927 / Sq Ft
04/06/2022 04/06/22 Sold $3,600,018 -12.2% $1,046 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $4,100,000 0.0% $1,192 / Sq Ft
01/26/2022 01/26/22 For Sale $4,100,000 -17.9% $1,192 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
10/22/2021 10/22/21 Price Changed $4,995,000 0.0% $1,452 / Sq Ft
10/22/2021 10/22/21 For Sale $4,995,000 +38.7% $1,452 / Sq Ft
10/20/2021 10/20/21 Off Market $3,600,018 -- --
07/22/2021 07/22/21 For Sale $5,750,000 -- $1,671 / 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
2024 $48,477 $3,978,000 $3,264,000 $714,000
2023 $47,533 $3,900,000 $3,200,000 $700,000
2022 $56,685 $4,796,726 $3,144,757 $1,651,969
2021 $56,015 $4,702,674 $3,083,096 $1,619,578
2019 $54,262 $4,563,192 $2,991,650 $1,571,542
2018 $53,975 $4,473,719 $2,932,991 $1,540,728
2016 $48,054 $4,000,000 $3,185,900 $814,100
2015 $6,257 $499,976 $141,984 $357,992
2014 $6,293 $490,183 $139,203 $350,980
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 22-162841

The MLS

APN: 4356-020-001