$16,200,000
SOLD SEP 26, 2017

1009 Laurel Way Beverly Hills, CA 90210

4 Beds
6 Baths
6,066 Sq Ft
1.02 Acres

Recently Sold

$2,671 Per Sq Ft

11% Below List Price

152 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Gated Parking
  • Beverly Hills High School Rated A
  • In Ground Pool
  • 44,549 Sq Ft lot

About This Home

As of October 2023

Incredible opportunity to renovate or develop in prime Beverly Hills location, north of Sunset Blvd. Situated on over an acre, this gated property features a main residence with 4 bedrooms and 6 bathrooms as well as a guest house with generous office and gym. The spectacular backyard features abundant patio space, intricate landscaping, pool and tennis court. First time on the market in over 40 years. Amazing potential for a developer - everything comes together on this property, or a perfect home for an owner/user.

Last Agent to Sell the Property

Judy Feder

The Beverly Hills Estates License #01250325 Listed on: 04/27/2017

The Beverly Hills Estates

Last Buyer's Agent

Denise Moreno

Hilton Hilton License #01928051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $157,799

Year Built

  • Built in 1952

Lot Details

  • 1.02 Acre Lot
  • Property is zoned BHR1*

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,066 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Home Gym
  • Alarm System
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Garage
  • Gated Parking

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Covered patio or porch
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-008-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$157,799

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 6066
  • Stories: 2
  • Year Built: 1952
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 2801.68

Exterior Features

  • Tennis Court: Private, Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage, Gated

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-008-009
  • Geocode Override: No
  • Lot Size Area: 44549

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Sep 1, 2023
Sold by
Strawberry 2 Llc
Bought by
Laconia Trust and Ambrosino
Seller's Agent
Rita Benelian
Keller Williams Hollywood Hills
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$16,890,000
Sold Price
$15,000,000
Premium/Discount to List
-$1,890,000
-11.19%
Views
826
Current Estimated Value
$13,051,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,948,944
Avg. Annual Appreciation
-16.45%
Original Mortgage
$10,500,000
Outstanding Balance
$10,257,553
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$537,338

Purchase Details

Listed on
Apr 27, 2017
Closed on
Sep 15, 2017
Sold by
Gross Marcellina and Gross Family Trust
Bought by
Strawberry 2 Llc
Seller's Agent
Judy Feder
The Beverly Hills Estates
Buyer's Agent
Denise Moreno
Hilton Hilton
List Price
$18,250,000
Sold Price
$16,200,000
Premium/Discount to List
-$2,050,000
-11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.27%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $15,000,000 Fidelity National Title
Grant Deed $16,200,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $15,000,000 -11.2% $2,473 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $16,890,000 +12.6% $2,784 / Sq Ft
08/05/2023 08/05/23 Off Market $15,000,000 -- --
05/08/2023 05/08/23 For Sale $16,890,000 +12.6% $2,784 / Sq Ft
05/05/2023 05/05/23 Off Market $15,000,000 -- --
04/06/2023 04/06/23 For Sale $16,890,000 +4.3% $2,784 / Sq Ft
09/26/2017 09/26/17 Sold $16,200,000 -4.7% $2,671 / Sq Ft
05/31/2017 05/31/17 Price Changed $16,995,000 -6.9% $2,802 / Sq Ft
04/27/2017 04/27/17 For Sale $18,250,000 -- $3,009 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $157,799 $13,362,000 $10,302,000 $3,060,000
2024 $157,799 $13,100,000 $10,100,000 $3,000,000
2023 $183,584 $15,229,020 $10,116,226 $5,112,794
2022 $178,308 $14,930,413 $9,917,869 $5,012,544
2021 $173,162 $14,637,660 $9,723,401 $4,914,259
2019 $168,160 $14,203,500 $9,435,000 $4,768,500
2018 $161,735 $13,925,000 $9,250,000 $4,675,000
2016 $14,203 $1,203,137 $633,043 $570,094
2015 $13,605 $1,185,066 $623,535 $561,531
2014 $13,179 $1,161,853 $611,321 $550,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-225446

The MLS

APN: 4348-008-009