12623 Promontory Rd, Los Angeles, CA 90049
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12623 Promontory Rd Los Angeles, CA 90049

$2,560,000 Sold Price as of 05/12/2021
  • 4 Beds
  • 4.5 Baths
  • 4,824 Sq.Ft.
Sold
$2,560,000 Sold Price as of 05/12/2021 Refinance Your Mortgage

Map preview of 12623 Promontory Rd, Los Angeles, CA 90049

Property Overview: 12623 Promontory Rd Los Angeles, CA has 4 bedrooms, 4.5 bathrooms, 4,824 living square feet and 7,060 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: COMPS NOTICE: Sale price reflected significant repair credits. Call LA #1 for details. Exquisite Mediterranean Villa in Mountaingate with sensational views, appx 4800 sqft of luxury, private Pool, Spa & 24HR guard-gated security is an unbeatable Westside value. Exceptional well-designed floorplan filled w/natural light, wood floors, high ceilings, tall doors, large windows, loads of bookcases & 3 fireplaces. Gracious & inviting, the formal entry w/circular stairwell, impressive LivRm, DiningRm, chefs Kitchen & adjacent FamRm all seamlessly flow together. Beautiful, easy-to-maintain backyard w/lovely gardens & majestic palm trees. You'll love the grand-scaled Master Retreat with sweeping views, veranda, 2 walk-in closets & huge spa-like bath w/dual amenities. There are 3 addl spacious bedrm suites, and an upstairs Den that's ideal as a home office. 3-car garage & abundant storage. Great opportunity to remodel to suit your own personal style. TrustSale, strictly AS IS, WHERE IS condition. No court confirmation required. Mountaingate in Brentwood is known for glorious hiking trails, serenity, 24HR guard gated security & park-like ambiance. Other amenities include: community pool + spa & common area landscape maintenance. Optional membership at Mountaingate Country Club for golf, tennis, gym, dining & social.

Listed by Tania Ferris | BRE #00664167 | Coldwell Banker Realty
Co-listed by Bobbe Bramson | BRE #00807841 | Coldwell Banker Realty
Last checked: 8 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
7,060
HOA Dues
$1171/mo
Year built
1989
Garage
3 Car
Property Type:
Condominium
Status
Sold
MLS#
21693668
City
Los Angeles
County
Los Angeles
Time on Site
1171 days

Virtual Tour

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Property Details for 12623 Promontory Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Master Retreat, Family Room
Room Information
  • Flooring: Wood, Carpet, Tile
  • Center Hall, Walk-In Closet, Dressing Area, Formal Entry, Family Room, Living Room, Master Bathroom, Loft
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: Gated with Guard, 24 Hour Security
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Private, Community
Exterior Features
  • Has Pool
  • Pool Features: Private, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door, Driveway, Built-In Storage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s), Hills, Panoramic
  • Parcel Number: 4493030031
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $1,171 (Monthly)
  • Association Amenities: Spa/Hot Tub, Security, Pool, Hiking Trails
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Sepulveda to Mountaingate Dr., past Country Club to Stoney Hill Rd., make left, check in with guard station and proceed down Stoney Hill to Promontory, go right, house is on right side of street
View more facts & features

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Sale History for 12623 Promontory Rd

Last sold for $2,560,000 on May 12th, 2021
  • May, 2021

  • May 13, 2021

    Date

    Sold

    CRMLS: 21693668

    $2,560,000

    Price

  • May 4, 2021

    Date

    Pending

    CRMLS: 21693668

    $2,875,000

    Price

  • Apr 25, 2021

    Date

    Active Under Contract

    CRMLS: 21693668

    $2,875,000

    Price

  • Feb 16, 2021

    Date

    Active

    CRMLS: 21693668

    $2,875,000

    Price

  • August, 1994

  • Aug 9, 1994

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

  • August, 1994

  • Aug 9, 1994

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

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Tax History for 12623 Promontory Rd

Assessed Value (2020): $945,931
Year Land Value Improved Value Assessed Value
2020 $189,208 $756,723 $945,931

Home Value Compared to the Market

This property vs the competition

12623 Promontory Rd sold on May 12, 2021 for 141.6% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $595.98 per/sqft which puts the price per square foot 21.06% lower than the current median sale per square foot for the city of Los Angeles.

About 12623 Promontory Rd

Detailed summary of property

12623 Promontory Rd is a condominium that recently sold in Los Angeles, CA 90049. This condo offered 4 bedrooms, 4.5 bathrooms, roughly 4,824 living square feet, and sits on an approximately 7,060 square foot lot. 12623 Promontory Rd was first listed on ArdentRealEstateGroup.com on February 16, 2021. The homeowner sold the property for $2,560,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 141.6% higher than the current median priced home. Local homes that are currently for sale include 11471 W Sunset Blvd, 11333 Kiel St and 2181 N Beverly Glen Blvd. This home does have a Homeowners Association and the monthly fee is $1,171 per month. While the average home in Los Angeles, CA is selling in 96 days, 12623 Promontory Rd has a days on market of 67 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 12623 Promontory Rd Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12623 Promontory Rd

Public county record property details
Beds
4
Baths
5
Year built
1989
Sq. Ft.
3,552
Lot Size
268,808
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
6-13
APN
4493-030-031

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,500,000
Median List Price/Sq.Ft.
$1,043
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
191
Median Sale to List Price %
97.95%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

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Related Resources to 12623 Promontory Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.