Check Availability
$6,995,000
House - For Sale

491 Homewood Rd

Los Angeles, CA 90049
bedrooms
5 Beds
bathrooms
8 Baths
square feet
10997 Sqft
$34,347
Estimated Monthly
$0
HOA / Fees

About This Property

This opportunity is being offered for a limited time. Located on the prestigious and popular Homewood Rd in Brentwood, it is being sold as land value with complete architectural plans. The permits, including hauler route and plan-check, are ready to be pulled, saving you at least 1.5 - 2 years, carry costs, and entitlement costs, allowing you to start construction immediately. The existing home can be rented during construction to provide attractive cash flow until completion or move-in. This luxurious Estate, traditional in style, boasts a total square footage of 10,997 sq. ft. and sits on a 20,300 sq. ft. flat corner lot.  This remarkable property offers rare privacy, and an abundance of amenities and features that will exceed your expectations. With 5 bedrooms, 7 bathrooms, and 2 powder rooms, there is ample space for your family and guests to feel comfortable and at home. With a dedicated office space perfect for those who work from home or require a private workspace. Additionally, a fully-equipped gym is provided, allowing you to maintain an active and healthy lifestyle without leaving the comfort of your own home. The property also includes a home theatre for movie enthusiasts and a well-designed wine cellar, offering a climate-controlled environment to showcase and store your prized collection. For those who enjoy entertaining, a beautifully crafted bar area provides the ideal setting to host guests and create unforgettable memories. Convenience is at its finest with the inclusion of an elevator, providing easy access to all levels of the home. The garage, spanning an impressive 3,000 sq.ft., comfortably accommodates up to 6 cars, ensuring ample space for vehicle enthusiasts or large families. A resort-style backyard, outdoor pool, and charming pool house add a touch of relaxation and tranquility to the property. It was designed as an outdoor retreat, where you can unwind and enjoy the amenities and intimate outdoor spaces. Don't miss the opportunity to own this unique project that effortlessly combines luxury, value, functionality, and convenience.  Architectural Plans for this project will be provided upon request.

The manager has listed the unit size as 10997 square feet.
Unit Size
10,997Ft²
Days on Market
40 days
Land Size
0.47 acres
Price per sqft
$636
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
Last updated: 6 days ago (CLAWCA #366279)

Price History

Date / Event Date Event Price
Mar 18, 2024 Listed by Compass $6,995,000
Listed by Compass
This opportunity is being offered for a limited time. Located on the prestigious and popular Homewood Rd in Brentwood, it is being sold as land value with complete architectural plans. The permits, including hauler route and plan-check, are ready to be pulled, saving you at least 1.5 - 2 years, carry costs, and entitlement costs, allowing you to start construction immediately. The existing home can be rented during construction to provide attractive cash flow until completion or move-in…
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 Relisted $8,750,000
Relisted
Oct 1, 2023 No longer available -
No longer available
Jul 14, 2023 Listed by Compass $8,750,000
Listed by Compass
Located on the prestigious and popular Homewood Rd. in Brentwood, being sold as land value with complete architectural plans. The permits, including hauler route and plan-check, are ready to be pulled, saving you at least 1.5 - 2 years, carry costs, and entitlement costs, allowing you to start construction immediately. The existing home can be rented during construction to provide attractive cash flow until completion or move-in. This luxurious Estate, traditional in style, boasts a total…
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,302
  • Lot Size Depth Feet: 1,900
  • Total Building Area: 4,567
  • Building Area: 4,567
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,567
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15375
  • Land Acres: 0.466
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 15375 LOT 1 AND THAT PART SE OF HOMEWOOD WAY OF LOT/SEC 2

Ownership

  • Current Owner : AMIRKALALI TARANEH
  • Previous Owner : HOMEWOOD-491 LLC
  • Owner Before Previous Owner: HEYLER RANDALL A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262303

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 41-A1
  • Subdivision Tract Number: 15375
  • Parcel: 4426-036-013
  • Lot: 1
  • Municipality: WEST /BRENTWOOD
  • Latitude: 34.0671
  • Longitude: -118.487

    Address

  • Full Address: 491 Homewood Rd
  • Address - House Number: 491
  • Address - Street Name: Homewood
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C057
  • 4-Digit Zip Code: 2713
  • Zip Code: 90049

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $76,829
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 6,280,140
  • High Value: 7,725,387
  • Low Value: 4,834,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,834,000
  • Assessed Land Value: $6,120,000
  • Assessed Improvements Value: $714,000

    Sales

  • Current Sale Contract Date: Apr 05, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Transaction ID: 11888304447
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 421785
  • Previous Sale Recording Date: Apr 20, 2021
  • Previous Sale Contract Date: Apr 12, 2021
  • Previous Sale Amount: $6,400,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: EH NATIONAL BANK
  • Previous Mortgage Transaction Date: Apr 20, 2021
  • Previous Mortgage Loan Amount: $3,840,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
3,851 ft²
$1,493/ft²
$5,749,000 Jan 10, 2024
-
-
House
4 Beds
3 Baths
2,499 ft²
$2,601/ft²
$6,500,000 Oct 18, 2023
-
-

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Frequently Asked Questions

When was property at 491 Homewood Road built and last sold?
The property at 491 Homewood Road was built in 1949 and last sold on Apr 5, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 491 Homewood Road is $7,064,950.
What are some comparable homes to 491 Homewood Road?
Homes that are comparable to 491 Homewood Road include a house property at 252 North Kenter Avenue, 672 Walther Way, which are both great to check out.

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