Seller's Agent in 2022
Mauricio Umansky
The Agency
(424) 230-3701
6 in this area
69 Total Sales
777 Sarbonne Rd Los Angeles, CA 90077
Bel Air NeighborhoodEstimated Value: $7,543,000 - $34,663,374
7
Beds
11
Baths
8,678
Sq Ft
$2,432/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Garage Cooled
- Warner Avenue Elementary Rated A
- Koi Pond
- Wine Cellar
About This Home
As of June 2022AUCTION: Bid April 21-26. Currently Listed for $87,777,777. Reserve $50M. Representative Onsite Daily.From the San Gabriel Mountains to the Channel Islands, the most scenic views of Los Angeles are yours to discover from this Bel Air architectural masterpiece. Perched atop a promontory, the main entrance dazzles with its floating marble bridge-like pathway leading you to the opulent front door that soars high above. The living room offers sleek style with no shortage of luxury finishes: a retractable hydraulic DJ table for top-tier entertainment compliments the gleaming glass elevator and its encompassing Feng Shui koi pond. Incomparable luxury awaits in the primary suite, where a towering glass wall opens to a floating wrap-around deck composed of marble and glass, with all of Los Angeles beyond. The atmosphere is reminiscent of a seven-star resort, and extends to the en suite bath, where dual-facing showers, marble vanities, and expansive walk-in closets surround the show-stopping soaking spa tub. Venture outdoors to relax by the oversized infinity-edge pool with panoramic views of L.A. With its dramatic views of Los Angeles forever protected by a property easement, you can redefine elegance and luxury from the clouds themselves, high above the City of Angels.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $572,711
Year Built
- Built in 2021 | New Construction
Lot Details
- 1.16 Acre Lot
- Gated Home
- Sprinkler System
- Property is zoned LARE20
Property Views
- Ocean
- City Lights
- Mountain
Interior Spaces
- 2-Story Property
- Elevator
- Built-In Features
- Bar
- High Ceiling
- Entryway
- Wine Cellar
- Great Room
- Living Room with Fireplace
- Dining Room
- Prewired Security
- Laundry Room
Kitchen
- Oven or Range
- Freezer
- Dishwasher
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom Retreat
- Walk-In Closet
- Dressing Area
- Powder Room
- Maid or Guest Quarters
- 11 Full Bathrooms
Parking
- 7 Parking Spaces
- Garage Cooled
- Automatic Gate
Pool
- Infinity Pool
- In Ground Spa
Outdoor Features
- Open Patio
- Koi Pond
- Outdoor Fireplace
- Outdoor Grill
Additional Features
- Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4370-003-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2021
Closed on
May 26, 2022
Sold by
Rund Jason M
Bought by
777 Property Holdings Llc
Seller's Agent
Mauricio Umansky
The Agency
Buyer's Agent
James Harris
Carolwood Estates
List Price
$87,777,777
Sold Price
$45,760,000
Premium/Discount to List
-$42,017,777
-47.87%
Total Days on Market
367
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,656,813
Avg. Annual Appreciation
-23.96%
Purchase Details
Closed on
Feb 27, 2013
Sold by
Tdub Llc
Bought by
Khadavi Md Alex A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,950,000
Interest Rate
3.41%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2012
Sold by
Lam Cheng
Bought by
Tdub Llc
Purchase Details
Closed on
Feb 9, 2007
Sold by
Browne Christopher H
Bought by
Lam Cheng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,200,000
Interest Rate
9.56%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 21, 2005
Sold by
Valassis George F and Valassis Sandra G
Bought by
Browne Christopher H
Purchase Details
Closed on
Aug 25, 2000
Sold by
Patrick Russell
Bought by
Valassis George F and Valassis Sandra G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,440,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 21, 1996
Sold by
Jewish Orphans Home Of Southern Ca Inc
Bought by
Patrick Russell
Purchase Details
Closed on
May 17, 1996
Sold by
City National Bank
Bought by
Jewish Orphans Home Of Southern Ca Inc and Vista Del Mar Child & Family Svcs
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Khadavi Md Alex A | $16,000,160 | Fidelity Van Nuys | |
| Tdub Llc | $14,000,000 | Equity Title Los Angeles | |
| Lam Cheng | $11,600,000 | Equity Title Company | |
| Browne Christopher H | $10,950,000 | Provident Title Company | |
| Valassis George F | $9,200,000 | First American Title Co | |
| Patrick Russell | $1,525,000 | First American Title Co | |
| Jewish Orphans Home Of Southern Ca Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Khadavi Alex A | $2,500,000 | |
| Closed | Khadavi Alex A | $450,000 | |
| Closed | Khadavi Alex A | $26,950,000 | |
| Closed | Khadavi Md Alex A | $1,750,000 | |
| Closed | Khadavi Alex A | $75,000 | |
| Closed | Khadavi Alex A | $0 | |
| Closed | Khadavi Alex A | $768,931 | |
| Closed | Khadavi Alex A | $7,430,000 | |
| Closed | Khadavi Alex A | $1,735,562 | |
| Closed | Khadavi Md Alex A | $0 | |
| Closed | Khadavi Md Alex A | $2,150,000 | |
| Previous Owner | Khadavi Md Alex A | $9,950,000 | |
| Previous Owner | Lam Cheng | $9,200,000 | |
| Previous Owner | Lam Cheng | $7,300,000 | |
| Previous Owner | Valassis George F | $6,440,000 | |
| Previous Owner | Patrick Russell | $750,000 | |
| Previous Owner | Patrick Russell | $500,000 | |
| Previous Owner | Patrick Russell | $3,925,000 | |
| Previous Owner | Patrick Russell | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $45,760,000 | -47.9% | $5,273 / Sq Ft |
| 05/07/2021 05/07/21 | For Sale | $87,777,777 | 0.0% | $10,115 / Sq Ft |
| 06/29/2014 06/29/14 | Rented | $50,000 | 0.0% | -- |
| 06/29/2014 06/29/14 | Under Contract | -- | -- | -- |
| 05/28/2014 05/28/14 | For Rent | $50,000 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $572,711 | $47,608,704 | $31,212,000 | $16,396,704 |
| 2023 | $561,379 | $46,675,200 | $30,600,000 | $16,075,200 |
| 2022 | $239,793 | $20,438,965 | $11,604,030 | $8,834,935 |
| 2021 | $236,995 | $20,038,201 | $11,376,500 | $8,661,701 |
| 2019 | $216,243 | $18,293,477 | $11,039,067 | $7,254,410 |
| 2018 | $208,335 | $17,316,182 | $10,822,615 | $6,493,567 |
| 2016 | $199,429 | $16,643,775 | $10,402,360 | $6,241,415 |
| 2015 | $196,473 | $16,393,771 | $10,246,107 | $6,147,664 |
| 2014 | $196,965 | $16,072,640 | $10,045,400 | $6,027,240 |
Source: Public Records
Agents Affiliated with this Home
-
Mauricio Umansky
-
Aaron Kirman
Seller Co-Listing Agent in 2022
Aaron Kirman
Christie's International Real Estate SoCal
(424) 249-7162
18 in this area
291 Total Sales
-
James Harris
Buyer's Agent in 2022
James Harris
Carolwood Estates
(310) 733-8038
11 in this area
208 Total Sales
-
David Parnes
Buyer Co-Listing Agent in 2022
David Parnes
Carolwood Estates
(310) 894-3435
10 in this area
134 Total Sales
-
Kyle Giese
Seller's Agent in 2014
Kyle Giese
The Agency
(310) 975-5838
17 Total Sales
-
Paul Lester
Buyer's Agent in 2014
Paul Lester
The Agency
(646) 884-2928
57 Total Sales
Map
Similar Homes in the area
Source: The MLS
MLS Number: 21-728902
APN: 4370-003-014
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