NOT LISTED FOR SALE

1424 Rising Glen Rd Los Angeles, CA 90069

Hollywood Hills West Neighborhood

Estimated Value: $6,958,000 - $7,720,000

4 Beds
4.5 Baths
4,860 Sq Ft
$1,533/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $6,975,000 $1,435 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $49,583/month

120 Days on Market

Highlights

  • Wine Cellar
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • West Hollywood Elementary School Rated A-
  • City Lights View
  • Contemporary Architecture

About This Home

As of July 2016

Beyond private gates and through an impressive pivot front door, the finely appointed interiors of this contemporary estate convey refinement and luxurious warmth. Meticulously crafted with premium materials and impeccable design, the living area boasts retractable walls of glass creating a seamless indoor/outdoor experience. An exquisite Master Suite overlooks sparkling city lights and boasts a tremendous walk-in closet and superbly elegant master bath. This home is a truly unique confluence of modernity and luxury that will enthrall even the most discerning buyer. Appointed with home automation, wine cellar, six-car parking.

Last Listed By

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254 Listed on: 03/03/2016

The Oppenheim Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $95,923

Year Built

  • Built in 2016

Lot Details

  • 0.34 Acre Lot
  • Property is zoned LARE15

Parking

  • Attached Garage

Property Views

  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,860 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wine Cellar
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5561-001-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,923

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4860
  • Probate: No
  • Stories: 2
  • Year Built: 2016
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1439.30

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5561-001-015
  • Geocode Override: No
  • Lot Size Area: 14916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2017
Sold by
Galety Investments
Bought by
Gaiety Investments Inc
Total Days on Market
120
Current Estimated Value
$7,451,447

Purchase Details

Listed on
Mar 3, 2016
Closed on
Jun 20, 2016
Sold by
Parks Katrina and Drabkin Mark T
Bought by
Gaiety Investments
Seller's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
Buyer's Agent
Tyrone McKillen
Plus Real Estate
List Price
$7,199,000
Sold Price
$6,975,000
Premium/Discount to List
-$224,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%

Purchase Details

Listed on
Sep 21, 2012
Closed on
Nov 5, 2012
Sold by
Montanari Claudio
Bought by
Drabkin Mark T and Parks Katrina
Seller's Agent
Peter Lorimer
PLG Estates
Buyer's Agent
Christophe Choo
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.72%
Original Mortgage
$1,350,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2012
Closed on
Nov 2, 2012
Sold by
Parks Michael S
Bought by
Parks Katrina
Seller's Agent
Peter Lorimer
PLG Estates
Buyer's Agent
Christophe Choo
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2004
Sold by
Alberghetti Anna Maria and Alberghetti Paul
Bought by
Montanari Claudio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1991
Sold by
Alberghetti Vittoria
Bought by
Alberghetti Vittoria and The Vittoria Alberghetti Inter

Purchase Details

Closed on
Mar 22, 1991
Sold by
Alberghetti Paul and Alberghetti Mary
Bought by
Alberghetti Vittoria

Range of Values:

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Average Value
Not Available
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
Gaiety Investments Inc -- Equity Title Company
Gaiety Investments $6,975,000 Equity Title Company
Drabkin Mark T $1,900,000 First American Title Company
Parks Katrina -- First American Title Company
Drabkin Mark T -- First American Title Company
Montanari Claudio $1,350,000 Chicago Title
Alberghetti Vittoria -- --
Alberghetti Vittoria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drabkin Mark T $1,350,000
Previous Owner Drabkin Mark T $1,350,000
Previous Owner Montanari Claudio $250,000
Previous Owner Montanari Claudio $1,406,250
Previous Owner Montanari Claudio $250,000
Previous Owner Montanari Claudio $1,000,000
Closed Montanari Claudio $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $6,975,000 -0.3% $1,435 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/09/2016 06/09/16 Price Changed $6,995,000 -2.8% $1,439 / Sq Ft
03/03/2016 03/03/16 For Sale $7,199,000 +278.9% $1,481 / Sq Ft
11/07/2012 11/07/12 Sold $1,900,000 -4.8% $780 / Sq Ft
09/29/2012 09/29/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $1,995,000 -- $819 / 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 $95,923 $7,936,355 $5,556,019 $2,380,336
2023 $94,037 $7,780,741 $5,447,078 $2,333,663
2022 $89,643 $7,628,178 $5,340,273 $2,287,905
2021 $88,586 $7,478,607 $5,235,562 $2,243,045
2019 $85,839 $7,256,789 $5,080,273 $2,176,516
2018 $85,610 $7,114,500 $4,980,660 $2,133,840
2016 $23,786 $1,976,448 $1,976,448 $0
2015 $23,435 $1,946,758 $1,557,407 $389,351
2014 $23,506 $1,908,625 $1,526,900 $381,725
Source: Public Records

Agents Affiliated with this Home

  • Jason Oppenheim

    Seller's Agent in 2016

    Jason Oppenheim

    The Oppenheim Group, Inc.

    (310) 990-6656

    40 in this area

    161 Total Sales

    Jason Oppenheim
    Section Image
  • Tyrone McKillen

    Buyer's Agent in 2016

    Tyrone McKillen

    Plus Real Estate

    (949) 212-8721

    11 in this area

    56 Total Sales

    Tyrone McKillen
    Section Image
  • Peter Lorimer

    Seller's Agent in 2012

    Peter Lorimer

    PLG Estates

    (310) 666-7386

    6 in this area

    169 Total Sales

    Peter Lorimer
    Section Image
  • Christophe Choo

    Buyer's Agent in 2012

    Christophe Choo

    Coldwell Banker Realty

    (310) 777-6273

    1 in this area

    24 Total Sales

    Christophe Choo
    Section Image
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Source: The MLS

MLS Number: 16-101458

The MLS

APN: 5561-001-015

California Los Angeles County Los Angeles 90069 Hollywood Hills West

1424 Rising Glen Rd, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 1424 Rising Glen Rd, Los Angeles, CA 90069 since 03 March 2016 and is currently estimated at $7,451,447, approximately $1,533 per square foot. This property was built in 2016. 1424 Rising Glen Rd is a home located in Los Angeles County with nearby schools including West Hollywood Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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