SELLER FINANCING AT 4% - CALL FOR DETAILS!!! Welcome to 550 Hanley Ave, a spectacular gem, North of Sunset! Over 10,750 square feet of exquisite quality and impeccable style. This brand-new transitional masterpiece designed by Ken Ungar features flawless materials and craftsmanship. It is replete with luxurious amenities and ideally situated on one of the most coveted streets in Brentwood. East Coast sensibility and California Cool blend seamlessly to create an environment of comfort, livability, and sophistication in this estate-quality property. Exquisite designer finishes are throughout. Entering you find a welcoming, light-filled home on a remarkably grand scale. Formal spaces, including the elegant living room, home office, dining room, and wine cellar, effortlessly transition to the more casual areas, including a chef's caliber kitchen and family room with wet bar and a dramatic fireplace. A bifold corner pocket door opens the family room to reveal a gorgeous, resort-like oversized backyard secluded and surrounded by lush landscaping with a resort-like pool, hot tub, BBQ/bar area. The pool house has a private bathroom, kitchen, and a fabulous living area overlooking the pool and the backyard that utilizes bi-fold glass doors to make indoor/outdoor living a perfect combination. Atop the graceful staircase or elevator, you find a comfortable lounge anchoring the upper level. The grand master suite is a peaceful haven with a fireplace, spa-like bathroom, private balcony, and two expansive, elegant walk-in closets reminiscent of posh designer boutiques. There are three additional bedrooms upstairs, a fifth bedroom on the main level, and a sixth bedroom on the lower level. The lower level is a proper entertainer's paradise, with a wet bar, second family room, sizeable professional-grade home theatre, spacious home gym, dry sauna, steam room with shower, and private massage room. The pool boasts electric covers and there is an ample three-car garage. This stunning, high caliber forever home is the ultimate bargain in its neighborhood!
Sold for $14,000,000
Street View
Listed by: Royal Rep Realty, Inc. • Houman Jahangard • Contact: 310-295-2204
Bought with: Compass
$14,000,000
550 Hanley Ave, Los Angeles, CA 90049
6beds
10,750sqft
Single Family Residence
Built in 2023
0.44 Acres Lot
$14,438,800 Zestimate®
$1,302/sqft
$56,596 Estimated rent
Home value
$14,438,800
$12.85M - $16.17M
$56,596/mo
Zestimate® history
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List your homeWhat's special
Home officeDramatic fireplaceWet barWine cellarSizeable professional-grade home theatrePrivate balconyLuxurious amenities
Zillow last checked:
Listing updated:
Listed by:
Houman Jahangard DRE #01451073 310-295-2204,
Royal Rep Realty, Inc.
Bought with:
Susan Kastner, DRE #01237053
Compass
Source: CRMLS,MLS#: SR23062104
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 9
- Full bathrooms: 7
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Basement, Entry/Foyer, Exercise Room, Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Office, Other, Pantry, Sauna, Utility Room, Wine Cellar, Dining Room
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Enclosed Toilet, Heated Floor, Low Flow Plumbing Fixtures, Tub Shower, Walk-In Shower
Kitchen
- Features: Butler's Pantry, Kitchen Island, Kitchen/Family Room Combo, Self-closing Cabinet Doors, Self-closing Drawers, Utility Sink, Walk-In Pantry
Heating
- Central
Cooling
- Central Air, Dual, ENERGY STAR Qualified Equipment
Appliances
- Included: 6 Burner Stove, Built-In Range, Barbecue, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Freezer, Disposal, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
- Laundry: Laundry Room, Upper Level
Features
- Beamed Ceilings, Wet Bar, Built-in Features, Brick Walls, Balcony, Breakfast Area, Dry Bar, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Smart Home, Tandem, Wired for Data, Bar, Wired for Sound, Bedroom on Main Level, Entrance Foyer
- Flooring: Wood
- Doors: ENERGY STAR Qualified Doors, French Doors, Sliding Doors
- Basement: Finished,Utility,Sump Pump
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Living Room, Primary Bedroom, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 10,750 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - Attached
- Attached garage spaces: 3
- Uncovered spaces: 5
Accessibility
- Accessibility features: Parking
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Main Level
- Has private pool: Yes
- Pool features: Gas Heat, Heated, In Ground, Private, Solar Heat, Salt Water
- Has spa: Yes
- Spa features: In Ground, Private
- Fencing: Chain Link,Wood
- Has view: Yes
- View description: None
Lot
- Size: 0.44 Acres
- Features: Back Yard
Details
- Parcel number: 4494019010
- Zoning: LARE15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Copper Plumbing
- Roof: Metal
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Appliances, Water Heater
Community & HOA
Community
- Features: Sidewalks
- Security: Security System, Carbon Monoxide Detector(s), Fire Detection System, Fire Rated Drywall, Fire Sprinkler System, Security Gate, Smoke Detector(s), Security Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,302/sqft
- Tax assessed value: $14,280,000
- Annual tax amount: $170,737
- Date on market: 4/21/2023
- Cumulative days on market: 111 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listing removed | $15,495,000+10.7%$1,441/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #CRSR23062104 Report a problem | ||
| 10/4/2023 | Sold | $14,000,000-9.6%$1,302/sqft |
Source:  CRMLS #SR23062104 Report a problem | ||
| 8/11/2023 | Contingent | $15,495,000$1,441/sqft |
Source: CRMLS #SR23062104 Report a problem | ||
| 8/2/2023 | Price change | $15,495,000-7.5%$1,441/sqft |
Source: CRMLS #SR23062104 Report a problem | ||
| 7/12/2023 | Price change | $16,749,000-1.3%$1,558/sqft |
Source: CRMLS #SR23062104 Report a problem | ||
| 4/21/2023 | Listed for sale | $16,975,000+385%$1,579/sqft |
Source: CRMLS #SR23062104 Report a problem | ||
| 3/8/2021 | Sold | $3,500,000+0.1%$326/sqft |
Source:  CLAW #20670478 Report a problem | ||
| 1/19/2021 | Contingent | $3,495,000$325/sqft |
Source: CLAW #20670478 Report a problem | ||
| 1/19/2021 | Pending sale | $3,495,000$325/sqft |
Source: Sotheby's International Realty #20670478 Report a problem | ||
| 1/4/2021 | Listed for sale | $3,495,000$325/sqft |
Source: Sotheby's International Realty #20670478 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $170,737 +1.4% | $14,280,000 +2% |
| 2024 | $168,393 +281.7% | $14,000,000 +284.5% |
| 2023 | $44,115 +4.9% | $3,641,400 +2% |
| 2022 | $42,048 -0.3% | $3,570,000 +240.5% |
| 2021 | $42,161 +1011.5% | $1,048,527 +263.5% |
| 2020 | $3,793 | $288,476 +2% |
| 2019 | $3,793 +7.5% | $282,820 +2% |
| 2018 | $3,529 | $277,275 +2% |
| 2017 | $3,529 +2.1% | $271,840 +2% |
| 2016 | $3,456 +3% | $266,511 +1.5% |
| 2015 | $3,355 +0.7% | $262,508 +2% |
| 2014 | $3,333 | $257,367 +2.5% |
| 2012 | -- | $251,181 +2% |
| 2011 | -- | $246,256 +0.8% |
| 2010 | -- | $244,417 -0.2% |
| 2009 | -- | $244,999 +2% |
| 2008 | -- | $240,196 +2% |
| 2007 | -- | $235,487 +2% |
| 2006 | -- | $230,871 |
| 2005 | -- | $230,871 +4% |
| 2004 | -- | $221,908 +1.9% |
| 2003 | -- | $217,842 +2% |
| 2002 | -- | $213,572 +4% |
| 2000 | -- | $205,281 |
Find assessor info on the county website
Neighborhood: Brentwood
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Nearby schools
GreatSchools rating
- 10/10Kenter Canyon Elementary SchoolGrades: K-5Distance: 0.2 mi
- 9/10Paul Revere Middle SchoolGrades: 6-8Distance: 1.1 mi
- 9/10Palisades Charter High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$14,438,800
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Estimated market value
$14,438,800
- California
- Los Angeles County
- Los Angeles
- 90049
- Brentwood
- 550 Hanley Ave
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