See Home Value
$3,949,342*
House - Off Market

1398 DAVIES Drive

Beverly Hills, CA 90210
bedrooms
5 Beds
bathrooms
7 Baths
square feet
6274 Sqft
$2,439,000 - $2,981,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
Sold Jul 21, 2023
$3,850,000
$2,887,500 by Power Express Mortgage Bankers
Mortgage Due Aug 01, 2063
Sold Nov 05, 2021
$3,600,000
$2,340,000 by Pmac Lending Services Inc
Mortgage Due Nov 01, 2051

About This Property

CONFIRMATION DATE: 9/25/2019, 11:00A.M. @ Roybal Federal Building, 255 E. Temple St, Courtroom 1568, Los Angeles CA 90012. List price reflects accepted offer. *Minimum overbid $2,710,000 and $10,000 increments there after.* Call LA1 for overbid procedure and qualifying instructions. See 'docs' field for order authorizing sale. INVESTORS / FLIPPERS / OWNER-USERS! Grand Mediterranean home combines utility and elegance in Lower BHPO. Providing exceptional privacy w/ hedged pool + spa, open family gathering spaces and intimate bedroom suites. Formal foyer off Davies opens to regal staircase w/ skylight, bright step-down formal living w/ high ceilings, FP, large bar and south facing windows. First floor also has formal dining room, large eat-in-kitchen w/ center island, family room w/ balcony overlooking pool and powder room off foyer. Upstairs boasts Master w/ his & hers closets, bath w/ double vanity, spa tub & shower. Master enjoys peek-a-boo view to city.Water in pool is photoshopped.

The manager has listed the unit size as 6274 square feet.
Unit Size
6,274Ft²
Days on Market
-
Land Size
5,409.00 acres
Price per sqft
$432
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold to Arjang John Farrahi $3,850,000
Sold to Arjang John Farrahi
Nov 5, 2021 Sold to Michael N Okada, Peach Sard... $3,600,000
Sold to Michael N Okada, Peach Sard...
Oct 4, 2019 No longer available -
No longer available
Sep 10, 2019 Price Increased $2,710,000
↑ $10K (0.4%)
Price Increased
Aug 2, 2019 Price Decreased $2,700,000
↓ $750K (21.7%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,409
  • Total Building Area: 6,274
  • Building Area: 6,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6774
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6774 0.13 MORE OR LESS AC COM SE ON SW LINE OF LOT 8,12 FT FROM SE TERMINUS OF A CURVE CONCAVE TO NE IN SD SW LINE HAVING A RADIUS OF 331.10 FT AND A LENGTH OF 93.67 FT TH N 65 4627 E TO LOT/SEC 8

Ownership

  • Current Owner : FARRAHI ARJANG JOHN
  • Previous Owner : OKADA MICHAEL N
  • Previous Owner 2: SARDAH PEACH
  • Owner Before Previous Owner: ALATHEL REAL ESTTE INVESTMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 261200

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 32-F4
  • Subdivision Tract Number: 6774
  • Parcel: 4357-015-031
  • Lot: 8,12
  • Municipality: WEST /BELAIR/HOLMBY H
  • Latitude: 34.097
  • Longitude: -118.437

    Address

  • Full Address: 1398 Davies Dr
  • Address - House Number: 1398
  • Address - Street Name: Davies
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C059
  • 4-Digit Zip Code: 2041
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,614
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 3,906,184
  • High Value: 4,170,835
  • Low Value: 3,641,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,887,500
  • First Open Lien Mortgage Lender: POWER EXPRESS MORTGAGE BANKERS
  • First Open Lien Mortgage Recording Date: Jul 21, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,887,500
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,672,000
  • Assessed Land Value: $2,040,000
  • Assessed Improvements Value: $1,632,000

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Transaction ID: 11909548931
  • Current Sale Price: $3,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 480846
  • Previous Sale Recording Date: Nov 05, 2021
  • Previous Sale Contract Date: Sep 02, 2021
  • Previous Sale Amount: $3,600,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: POWER EXPRESS MORTGAGE BANKERS
  • First Mortgage Transaction Date: Jul 21, 2023
  • First Mortgage Loan Amount: $2,887,500
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2063

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Nov 05, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,543 ft²
$620/ft²
$2,195,000 Feb 9, 2023
-
-
House
4 Beds
4 Baths
2,619 ft²
$859/ft²
$2,250,000 Jul 28, 2022
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 1398 Davies Drive built and last sold?
The property at 1398 Davies Drive was built in 2001 and last sold on Jul 18, 2023 for $3,850,000.
How much is this home worth?
The estimated value of the home located at 1398 Davies Drive is $2,737,100.
What are some comparable homes to 1398 Davies Drive?
There are currently no comparable homes to 1398 Davies Drive.

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