NOT LISTED FOR SALE

1011 N Beverly Dr Beverly Hills, CA 90210

Beverly Hills Area

Estimated Value: $4,752,000 - $64,804,452

9 Beds
15 Baths
29,000 Sq Ft
$1,199/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2021

Last sale price $63,100,000 $2,176 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $258,170 / mo

162 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • Gated with Attendant
  • El Rodeo Elementary School Rated 10
  • Wine Cellar
  • Home Theater

About This Home

As of October 2021

CH. 7 BANKRUPTCY TRUSTEE SEEKS TO SELL THE PROPERTY SUBJECT TO OVERBID ON September 14th, 2021 at 11:00AM, Courtroom 1368, 255 E. Temple Street, LA CA 90012. THE MINIMUM OVERBID SHALL BE $48,000,000. BID MUST BE IN WRITING AND RECEIVED BY TRUSTEE OR COUNSEL ON OR BEFORE 5PM PST, September 10, 2021. THE COURT SHALL DIRECT AND PRESIDE OVER THE AUCTION AT THE HEARING. ANY OVERBID AFTER THE BASELINE BID SHALL BE IN INCREMENTS OF NO LESS THAN $100,000. THE BID SHALL PROVIDE EVIDENCE OF SUFFICIENT FUNDS TO COMPLETE THE TRANSACTION. One of LA's most iconic and legendary homes. The Hearst Estate was built in 1926 and is a prized property for collectors of fine architecture. As the former residence of newspaper magnate William Randolph Hearst, actress Marion Davies, and even used as a honeymoon hideaway for The Kennedys, The Hearst Estate is anchored in American Legend and is a one-of-a-kind home. Set at the end of one of the city's longest private driveway, this stunning estate pays tribute to its architect, Gordon Kaufman. The main house has 9 bedrooms and 15 bathrooms and enjoys a seemingly endless list of opulent living spaces. A formal living room is set under a soaring 22 ft arched hand-painted ceiling, a historic 2-story wood-paneled library, plus a billiards room w/fireplace reminiscent of Hearst Castle, an art-deco nightclub, 2 projection/screening rooms, grand state public rooms, and entertaining areas that can accommodate 1,000 guests. Complimenting the main house, the ancillary improvements include 2 staff/guest apartments, a pool house, a tennis pavilion, and a two-story 5 bedroom gatehouse. All this is set on 3.5 acres of private grounds with sun-soaked terraces, lawns, waterfalls & Olympic sized pool.

Last Agent to Sell the Property

Gary Gold

Forward One License #00813554 Listed on: 04/05/2021

Co-Listed By

Anthony Marguleas

Amalfi Estates License #01173073

Last Buyer's Agent

Linda May

Carolwood Estates License #00475038

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 3.53 Acre Lot
  • Lot Dimensions are 409x376
  • Gated Home
  • Property is zoned BHR1*

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 29,000 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Den with Fireplace
  • Library with Fireplace
  • Views of Trees
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 15 Full Bathrooms

Parking

  • 4 Car Garage
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa

Additional Features

  • Guest House
  • Horses Allowed On Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4348-001-023

Community Details

Amenities

  • Billiard Room
  • Service Entrance

Additional Features

  • No Home Owners Association
  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

3.53 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 29000
  • Lot Acreage: 3.5301
  • Lot Dimensions: 409x376
  • Stories: 2
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Library, Living Room, Master Bedroom
  • Flooring: Carpet, Mixed, Stone Tile, Tile, Hardwood
  • Bedrooms: 9
  • Full Bathroom: 15
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 15.00
  • Equipment: Built-Ins, Garbage Disposal, Dishwasher, Freezer, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 1655.17

Exterior Features

  • Other Structures: GuestHouse, Other
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Garage - 4+ Car
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Gated, Guarded

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 4348-001-023
  • Lot Size Area: 153771

Rental Info

  • Land Lease Type: Fee

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2015
Sold by
Bought by
Current Estimated Value
$34,778,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 3, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 1988
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1985
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 1983
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
-- --
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $40,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $63,100,000 +31.5% $2,176 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/20/2021 08/20/21 Price Changed $48,000,000 -31.4% $1,655 / Sq Ft
06/28/2021 06/28/21 Price Changed $69,950,000 -22.1% $2,412 / Sq Ft
04/05/2021 04/05/21 For Sale $89,750,000 -- $3,095 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $806,431 $66,962,224 $58,366,440 $8,595,784
2024 $790,137 $65,649,240 $57,222,000 $8,427,240
2023 $775,773 $64,362,000 $56,100,000 $8,262,000
2022 $753,481 $63,100,000 $55,000,000 $8,100,000
2021 $67,683 $5,510,207 $1,112,524 $4,397,683
2019 $65,772 $5,346,774 $1,079,527 $4,267,247
2018 $62,038 $5,241,936 $1,058,360 $4,183,576
2016 $59,366 $5,038,387 $1,017,263 $4,021,124
2015 $56,855 $4,962,706 $1,001,983 $3,960,723
2014 $55,013 $4,865,494 $982,356 $3,883,138
Source: Public Records

Agents Affiliated with this Home

  • Gary Gold

    Seller's Agent in 2021

    Gary Gold

    Forward One

    (310) 741-0505

    14 Total Sales

    Gary Gold
    Section Image
  • Anthony Marguleas

    Seller Co-Listing Agent in 2021

    Anthony Marguleas

    Amalfi Estates

    (310) 293-9280

    277 Total Sales

    Anthony Marguleas
    Section Image
  • Linda May

    Buyer's Agent in 2021

    Linda May

    Carolwood Estates

    (310) 777-6247

    44 Total Sales

    Linda May
    Section Image
  • Drew Fenton

    Buyer Co-Listing Agent in 2021

    Drew Fenton

    Carolwood Estates

    (310) 492-0701

    83 Total Sales

    Drew Fenton
    Section Image
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Map

Source: The MLS

MLS Number: 21-714994

The MLS

APN: 4348-001-023

California Los Angeles County Beverly Hills 90210

1011 N Beverly Dr, Beverly Hills, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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