NOT LISTED FOR SALE

Estimated Value: $5,550,000 - $22,132,606

6 Beds
10 Baths
24,837 Sq Ft
$420/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $5,000,000 $201 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $63,170/month

108 Days on Market

Highlights

  • Ocean View
  • Newly Remodeled
  • No HOA
  • Warner Avenue Elementary Rated A
  • 1.22 Acre Lot
  • Fireplace

About This Home

As of December 2021

Premiere Estates Worldbid Auction - THIS STRUCTURE WILL BE DEMOLISHED AT NO COST TO THE BUYER, READY TO DEVELOP LAND WHEN DEMO IS COMPLETED. The listing price is the court auction high bid.
Contact Premiere Estates or Jonathan Nash for access to the due diligence files. We suggest the agent and bidder review the due diligence information prior to submitting and offer or bid. Sale is as is, with title insurance.

Last Listed By

Todd Wohl

Premiere Estates International Real Estate License #01912556 Listed on: 08/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,248

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1.22 Acre Lot
  • Density is up to 1 Unit/Acre
  • 4370,023,024
  • Property is zoned LARE20

Property Views

  • Ocean
  • Panoramic
  • City Lights

Interior Spaces

  • 24,837 Sq Ft Home
  • 4-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 10 Full Bathrooms

Utilities

  • Central Heating
  • Private Sewer

Listing and Financial Details

  • Tax Lot 4355
  • Tax Tract Number 234
  • Assessor Parcel Number 4370022014
  • $2,256 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,248

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 310 698 3625
  • Other Phone Number: 424 230 6088
  • Property Attached: No
  • View: Yes
  • Zoning: LARE20
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4370022014
  • Year Built: 2015
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 24837.00 Square Feet
  • Stories: 4
  • Common Walls: No Common Walls
  • Full Bathrooms: 10
  • Full And Three Quarter Bathrooms: 10
  • Total Bedrooms: 6
  • Levels: Three Or More
  • Price Per Square Foot: 201.31

Exterior Features

  • View: City Lights, Ocean, Panoramic
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 4370,023,024
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 182x285/vn
  • Lot Size Sq Ft: 53080.00
  • Lot Size Acres: 1.2185

Multi Family

  • Lease Considered: No
  • Lot Size Area: 53080.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2621.00
  • Tax Lot: 4355
  • Tax Tract Number: 234
  • TaxOtherAnnualAssessmentAmount: 2256.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2021
Closed on
Dec 15, 2021
Sold by
Wilson Douglas P
Bought by
Re Della Strada Llc
Seller's Agent
Todd Wohl
Premiere Estates International Real Estate
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$8,000,000
Sold Price
$5,000,000
Premium/Discount to List
-$3,000,000
-37.5%
Total Days on Market
108
Current Estimated Value
$10,423,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,423,402
Avg. Annual Appreciation
24.52%
Original Mortgage
$5,500,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2012
Sold by
Syntra Wva Llc
Bought by
901 Strada Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 19, 2011
Sold by
Bel Air Highlands Llc
Bought by
Syntra Wva Llc

Purchase Details

Closed on
May 2, 2011
Sold by
Hadid Mohamed
Bought by
Bel Air Highlands Llc

Purchase Details

Closed on
Jan 24, 2011
Sold by
Lands Geoffrey C
Bought by
Hadid Mohamed

Purchase Details

Closed on
Mar 29, 2006
Sold by
Maguire Robin
Bought by
Lands Geoffrey C

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
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 10, 2006
Sold by
Kevorkian Eugene and Kevorkian Harriet
Bought by
Lands Geoffrey C

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
7.25%
Mortgage Type
Negative Amortization

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
Re Della Strada Llc $5,000,000 Orange Coast Title Company
901 Strada Llc $800,008 Chicago Title Company
Syntra Wva Llc -- None Available
Bel Air Highlands Llc -- Equity Title Company
Hadid Mohamed -- Equity Title Company
Lands Geoffrey C -- Chicago Title
Lands Geoffrey C -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Re Della Strada Llc $8,000,000
Closed Re Della Strada Llc $5,500,000
Previous Owner 901 Strada Llc $2,400,000
Previous Owner 901 Strada Llc $2,224,047
Previous Owner 901 Strada Llc $1,880,000
Previous Owner 901 Strada Llc $1,000,000
Previous Owner 901 Strada Llc $18,400,000
Previous Owner 901 Strada Llc $1,500,000
Previous Owner 901 Strada Llc $600,000
Previous Owner Syntra Wva Llc $1,000,000
Previous Owner Syntra Wva Llc $2,500,000
Previous Owner Lands Geoffrey C $200,000
Previous Owner Lands Geoffrey C $3,000,000
Previous Owner Lands Geoffrey C $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $5,000,000 -2.0% $201 / Sq Ft
10/07/2021 10/07/21 Price Changed $5,100,000 -7.3% $205 / Sq Ft
09/10/2021 09/10/21 Price Changed $5,500,000 -31.3% $221 / Sq Ft
08/15/2021 08/15/21 For Sale $8,000,000 -- $322 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $61,248 $4,889,880 $4,837,860 $52,020
2023 $60,077 $4,794,000 $4,743,000 $51,000
2022 $57,335 $4,700,000 $4,650,000 $50,000
2021 $360,261 $30,454,815 $8,226,094 $22,228,721
2019 $349,265 $29,551,509 $7,982,104 $21,569,405
2018 $858,405 $71,608,069 $7,825,593 $63,782,476
2016 $332,244 $27,847,050 $7,521,716 $20,325,334
2015 $327,424 $7,408,733 $7,408,733 $0
2014 $89,052 $7,263,607 $7,263,607 $0
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21180443

California Regional Multiple Listing Service (CRMLS)

APN: 4370-022-014