See Home Value
$3,395,496*
House - Off Market

8040 Okean Ter

Los Angeles, CA 90046
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
3546 Sqft
$3,015,000 - $3,683,000
Reference Base Price*
1.39%
Since Jul 1, 2023
CA-Los Angeles
Primary Model
Sold Jun 27, 2023
$3,549,000
Sold Nov 26, 2008
$1,250,000
$937,500 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2038

About This Property

A rare find in 'Briar Summit', the Mulholland/Laurel Cyn ridge-top enclave: Hollywood Hills' take on Trousdale, conceived for sophisticated residents looking for hip modern architecture and convenience.  Superb access in any direction: a few minutes to the Sunset Strip/WeHo; to Ventura Blvd/Studio City, or east/west along Mulholland.  A green, groomed colony with no noise, no traffic and no power poles on the street or in your views; it's no wonder "A list" celebrities have chosen this neighborhood for decades.  Discreetly positioned via a gated private drive, now re-envisioned and curated by the current owners for their own use.  Welcome to massive living spaces awash in gorgeous daylight, soaring ceilings, and the open concept interplay among spaces and functions.  Public rooms include a step-down great room with its swanky Mid-Century fireplace, generous dining room and enormous cook's kitchen, all with direct access through banks of Fleetwood glass doors to a quintessential Hockney-esque swimming pool, sprawling deck, and lush canyon views.  Additional spaces on the main level include family/media room with fireplace and 3 large bedrooms all with en suite baths, including pool-side primary suite with spacious walk-in and luxury bath. A secondary primary suite/bath located upstairs serves as the ideal large office, art /music/recording studio or ultra guest retreat.  Spa-quality, crisp, luxe finishes; a resort lifestyle. Homes like this, with all the bells and whistles, easy flow and features for today's lifestyle rarely come available in such a well-located, refined package. Simply marvelous.

The manager has listed the unit size as 3546 square feet.
Unit Size
3,546Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$944
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Jun 28, 2023 No longer available -
No longer available
Jun 27, 2023 Sold to Paul Raffin $3,549,000
Sold to Paul Raffin
Jun 9, 2023 In contract -
In contract
Jun 1, 2023 Listed $3,349,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,271
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 1,290
  • Total Building Area: 3,546
  • Building Area: 3,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 23818
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 23818 LOT/SEC 17

Ownership

  • Current Owner : RAFFIN PAUL
  • Previous Owner : MADATIAN REGAN TRUST
  • Owner Before Previous Owner: EICHLER ALAN
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 194102

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 23-E6
  • Subdivision Tract Number: 23818
  • Parcel: 5570-019-031
  • Lot: 17
  • Municipality: WEST /RUNYON CANYON
  • Latitude: 34.1239
  • Longitude: -118.373

    Address

  • Full Address: 8040 Okean Ter
  • Address - House Number: 8040
  • Address - Street Name: Okean
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C007
  • 4-Digit Zip Code: 1143
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,432
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,044,504
  • High Value: 3,733,710
  • Low Value: 2,355,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,547,186
  • Assessed Land Value: $1,237,753
  • Assessed Improvements Value: $309,433

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Transaction ID: 11908374741
  • Current Sale Price: $3,549,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 417140
  • Previous Sale Recording Date: Nov 26, 2008
  • Previous Sale Contract Date: Nov 12, 2008
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 26, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $937,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
3,632 ft²
$935/ft²
$3,395,000 Mar 17, 2023
-
-
House
4 Beds
3 Baths
2,903 ft²
$1,033/ft²
$2,999,900 Apr 11, 2023
-
-
House
4 Beds
4.5 Baths
3,100 ft²
$934/ft²
$2,895,000 Apr 27, 2023
-
-
House
4 Beds
3.5 Baths
4,311 ft²
$928/ft²
$3,999,000 Apr 26, 2023
-
-
House
5 Beds
1.5 Baths
3,606 ft²
$774/ft²
$2,790,000 Mar 27, 2023
-
-
House
3 Beds
3 Baths
2,500 ft²
$1,200/ft²
$2,999,000 May 16, 2023
-
-
House
3 Beds
3 Baths
2,150 ft²
$1,512/ft²
$3,250,000 Mar 29, 2023
-
-

About Central LA


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Frequently Asked Questions

When was property at 8040 Okean Terrace built and last sold?
The property at 8040 Okean Terrace was built in 1959 and last sold on Jun 7, 2023 for $3,549,000.
How much is this home worth?
The estimated value of the home located at 8040 Okean Terrace is $3,365,597.
What are some comparable homes to 8040 Okean Terrace?
Homes that are comparable to 8040 Okean Terrace include a house property at 11372 Dona Teresa Drive, 2950 Dona Emilia Drive, 2669 Harlesden Court.

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