NOT LISTED FOR SALE

Estimated Value: $6,519,000 - $30,752,658

14 Beds
17 Baths
27,159 Sq Ft
$686/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $28,500,000 $1,049 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $137,439/month

138 Days on Market

Highlights

  • Ocean View
  • Guest House
  • 177,640 Sq Ft lot
  • Warner Avenue Elementary Rated A
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of July 2020

Back on Market, buyer did not perform! This amazing Beverly Park offering is a once in a lifetime opportunity with approved plans and permits with RTI status. Perched on a gated promontory with city to ocean views, incredible privacy and security this was formally the estate of iconic producer Darryl Zanuck. 16 Beverly Park was entrusted to renowned designer Steve Hermann, who envisioned a world-class architectural estate for the site. His objective was to design one of the most distinctive and exquisite residences of its kind. Now approximately 70% completed and plans and permits approved to finish, this ultra-luxurious compound is ready for a buyer with vision. The compound includes a guard house, guest house, residence, theater, pool, tennis court and extensive underground parking. Anticipated to make its mark on the list of fabulous estates for years to come, this is truly a "trophy" for a connoisseur.

Last Listed By

Shawn Shirdel

Sotheby's International Realty License #01999834 Listed on: 03/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $365,695

Year Built

  • Built in 2015

Lot Details

  • 4.08 Acre Lot
  • Property is zoned LARE40

HOA Fees

  • $2,950 Monthly HOA Fees

Parking

  • 13 Car Garage

Property Views

  • Ocean
  • City Lights
  • Woods
  • Canyon
  • Mountain

Home Design

  • 27,159 Sq Ft Home
  • Contemporary Architecture

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 17 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Additional Homes

  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 4355-020-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$365,695

Year Built

Built in 2015

Lot Details

0

HOA Fees

$2,950 per month

Parking

13

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 27159
  • Year Built: 2015
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 14
  • Full Bathroom: 17
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Maids Room: 1
  • Total Bathrooms: 17.00
  • Den: 0
  • Price Per S Q F T: 1277.66

Exterior Features

  • Other Structures: GuestHouse
  • Pool: Yes
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Mountains, Ocean, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 13
  • Covered Parking: 13
  • Parking Garage: Covered Parking
  • Total Parking: 15

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 2950.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4355-020-009
  • Geocode Override: No
  • Lot Size Area: 177640

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jul 13, 2020
Sold by
Al Samriyah La Llc
Bought by
Harris Rachel J and Stone Pine Trust
Seller's Agent
Shawn Shirdel
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$34,700,000
Sold Price
$28,500,000
Premium/Discount to List
-$6,200,000
-17.87%
Total Days on Market
138
Current Estimated Value
$18,635,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,864,171
Avg. Annual Appreciation
-5.77%

Purchase Details

Closed on
May 31, 2013
Sold by
Pacific Bell Telephone Company
Bought by
Al Samriyah La Llc

Purchase Details

Closed on
Oct 15, 2012
Sold by
Zanuck Lili Fini and Zanuck Family Trust
Bought by
Al Samriyah L A Llc

Purchase Details

Closed on
Aug 21, 2012
Sold by
Zanuck Richard D
Bought by
Zanuck Lili F

Purchase Details

Closed on
Aug 3, 2012
Sold by
Zanuck Family Trust
Bought by
Zanuck Lili Fini

Purchase Details

Closed on
Mar 26, 2012
Sold by
Zanuck Richard D and Zanuck Lili F
Bought by
Zanuck Richard D and Zanuck Lili F

Purchase Details

Closed on
Oct 22, 2008
Sold by
Zanuck Richard D and Zanuck Lili F
Bought by
Zanuck Richard D

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
Harris Rachel J $28,500,000 Chicago Title Company
Al Samriyah La Llc -- None Available
Al Samriyah L A Llc $20,100,201 Calcounties Title Nation
Zanuck Richard D -- None Available
Zanuck Richard D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zanuck Richard D $1,808,498
Previous Owner Zanuck Richard D $3,500,000
Previous Owner Zanuck Richard D $2,049,000
Previous Owner Zanuck Richard D $750,000
Previous Owner Zanuck Richard D $2,103,000
Previous Owner Zanuck Richard D $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $28,500,000 -17.9% $1,049 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $34,700,000 0.0% $1,278 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $34,700,000 0.0% $1,278 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $34,700,000 -- $1,278 / 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 $365,695 $30,244,428 $27,060,804 $3,183,624
2023 $358,503 $29,651,400 $26,530,200 $3,121,200
2022 $341,689 $29,070,000 $26,010,000 $3,060,000
2021 $337,643 $28,500,000 $25,500,000 $3,000,000
2020 $333,046 $27,532,578 $22,632,294 $4,900,284
2019 $319,577 $26,992,724 $22,188,524 $4,804,200
2018 $317,024 $26,463,455 $21,753,455 $4,710,000
2016 $250,224 $20,908,741 $14,667,326 $6,241,415
2015 $246,510 $20,594,674 $14,447,010 $6,147,664
2014 $247,151 $20,191,254 $14,164,014 $6,027,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-558458

The MLS

APN: 4355-020-009