See Home Value
$7,585,267*
House - Off Market

640 HIGHTREE RD

SANTA MONICA, CA 90402
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
3985 Sqft
$6,296,000 - $7,694,000
Reference Base Price*
8.44%
Since Jan 1, 2023
CA-Los Angeles
Primary Model
Refi Jan 19, 2018
Transfer
$7,200,000 by Finance Of America Reverse Llc
Mortgage Due Jan 19, 2048

About This Property

The Modern Tree House - Architect David Hyun 1960. The original owners of this enviable, light-bathed lot tasked Hyun (who, in his early years, worked in the offices of mid-century modernist masters Richard Neutra and A. Quincy Jones) with designing a post-and-beam structure that integrated the magnificent native Oaks and the giant Sycamore which graced the site in a way that would allow the owners to view the trees. Hyun realized the owners' vision by creating rectilinear "voids" which incorporated the Century-old living elements into the "structure" and assembling broad expanses of glass which insulated the occupants from the elements while still affording views from every area of the home. Natural light enters the dramatic two-story high living and dining areas from four directions providing a constantly changing play of light throughout the day and a variety of subtle moods in the room as the light gradually lessens or weather changes. Additionally downstairs is a newer, eat-in Eggersman kitchen, a full-service bar, formal powder room, and three bedrooms (all sharing one full bath). Upstairs holds the primary suite with uncharacteristically (for the era) expansive closets, two separate offices and a very large den/media room. Sited on perhaps the best block of Rustic Canyon, the nearly one-quarter acre lot features a spacious rear yard with a large swimming pool, an area for dining amongst the trees, and, perhaps most importantly, a gate directly into Rustic Canyon Park (one of the County's most beloved), which extends the yard spectacularly.

The manager has listed the unit size as 3985 square feet.
Unit Size
3,985Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$1,755
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Dec 22, 2022 No longer available -
No longer available
Oct 9, 2022 Price Decreased $6,995,000
↓ $500K (6.7%)
Price Decreased
Jun 10, 2022 Price Decreased $7,495,000
↓ $500K (6.3%)
Price Decreased
Apr 22, 2022 Listed $7,995,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,551
  • Total Building Area: 3,072
  • Building Area: 3,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13557
  • Land Acres: 0.219
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=13557*LOT COM AT MOST E COR OF LOT 23 TH S 53 56' W 43.22 FT TH N 50 59' 51 W TO SW LINE OF SD LOT TH NW AND FOLLOWING BDRY LINE OF SD LOT TO BEG POR OF LOT 23

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262802

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 40-D4
  • Subdivision Tract Number: 13557
  • Parcel: 4409-027-015
  • Lot: 23
  • Municipality: WEST /SM CYN/RIVIERA
  • Latitude: 34.0395
  • Longitude: -118.515

    Address

  • Full Address: 640 Hightree Rd
  • Address - House Number: 640
  • Address - Street Name: Hightree
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C002
  • 4-Digit Zip Code: 1008
  • Zip Code: 90402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,970
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 5,955,038
  • High Value: 6,358,564
  • Low Value: 5,551,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,200,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Jan 19, 2018
  • First Open Lien Mortgage Loan Amount: $7,200,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jan 19, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,025
  • Assessed Land Value: $139,951
  • Assessed Improvements Value: $179,074



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,734 ft²
$2,067/ft²
$5,650,000 Aug 24, 2023
-
-
House
5 Beds
3.5 Baths
3,664 ft²
$1,883/ft²
$6,899,000 Apr 10, 2023
-
-
House
5 Beds
5.5 Baths
4,200 ft²
$1,518/ft²
$6,375,000 Jul 27, 2023
-
-
House
5 Beds
5.5 Baths
4,350 ft²
$1,575/ft²
$6,850,000 Jul 13, 2023
-
-
House
5 Beds
3.5 Baths
3,424 ft²
$2,336/ft²
$7,999,995 Aug 21, 2023
-
-
Multifamily
4 Beds
-
-
$7,995,000 Mar 15, 2023
-
-

About West Los Angeles


Similar Homes for Sale

Unit for sale at 157 West Channel Road, Santa Monica, CA 90402

$7,995,000

  • 4 Beds
157 West Channel Road, Santa Monica, CA 90402 Listing by James Allan
Unit for sale at 518 Adelaide Drive, Santa Monica, CA 90402

$7,999,995

  • 5 Beds
  • 3.5 Baths
  • 3,424 ft²
518 Adelaide Drive, Santa Monica, CA 90402 Listing by Mike Deasy
Open House: 10AM - 1PM, Sun Sep 3
Unit for sale at 802 Galloway Street, Pacific Palisades, CA 90272

$6,375,000

  • 5 Beds
  • 5.5 Baths
  • 4,200 ft²
802 Galloway Street, Pacific Palisades, CA 90272 Listing by Jacqueline Chernov

Nearby Rentals

Unit for rent at 201 Ocean Ave, Santa Monica, CA, 90402

$11,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,554 ft²
201 Ocean Ave #1404B, Santa Monica, CA, 90402 Listing by David Solomon
Unit for rent at 1105 Tellem Dr, Pacific Palisades, CA, 90272

$11,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,523 ft²
1105 Tellem Dr, Pacific Palisades, CA, 90272 Listing by Sarah Edelman
Unit for rent at 15035 Mc Kendree Ave, Pacific Palisades, CA, 90272

$9,975 /mo

  • 3 Beds
  • 2 Baths
  • 1,884 ft²
15035 Mc Kendree Ave, Pacific Palisades, CA, 90272 Listing by Christina Arechaederra


Frequently Asked Questions

When was property at 640 Hightree Road built and last sold?
The property at 640 Hightree Road was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 640 Hightree Road is $6,932,773.
What are some comparable homes to 640 Hightree Road?
There are currently no comparable homes to 640 Hightree Road.

Quantcast