Claudia Savino
Responds Quickly
Coldwell Banker Realty
(424) 533-7028
17 Total Sales
1 in Beverly Hills
$9,500,000 Price
1024 Summit Dr Beverly Hills, CA 90210
Beverly Hills AreaEstimated Value: $12,249,601
7
Beds
9
Baths
12,000
Sq Ft
$1,021/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Private Pool
- City Lights View
- Home Theater
- Primary Bedroom Suite
- 0.97 Acre Lot
About This Home
As of March 2020This gorgeous estate and its expansive motor court sit perched atop a long windy drive off one of Beverly Hills' most exclusive streets. Just 5 minutes north of Sunset Blvd., it has the proximity of bustling Beverly Hills yet also the quiet privacy that only a gated compound can offer. Designed by the noted architect William S. Beckett, this modern masterpiece has been inhabited by cultural icons and titans of industry during its' storied history. In 2015, the property was completely restored and today it is an entertainer's delight. Soaring ceilings, floor to ceiling glass windows and stunning walls of wood, stone and white porcelain tile accent the vast living spaces. Smart home system with built-in speakers throughout, vast chef's kitchen, separate prep kitchen, game room, wine cellar and a large state-of-the-art home theater enhance the value. The master suite features two giant walk-in closets and private deck complete with jacuzzi and sweeping views of Beverly Hills. Outdoor area features a large tiled patio, zen garden, large poolside pavilion, built in bar and grill and glass walled pool and spa; all on just under a flat acre lot. Garage can accommodate 9 cars. Boasting the premium in luxury finishes and fixtures, this trophy estate represents the pinnacle of high-end real estate.
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Home Details
Home Type
- Single Family
Year Built
- Built in 1924
Lot Details
- 42,115 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned BHR1*
Parking
- 9 Car Attached Garage
Property Views
- City Lights
- Hills
Interior Spaces
- 12,000 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Furnished
- Dual Staircase
- Wired For Sound
- Wired For Data
- Dry Bar
- Cathedral Ceiling
- Formal Entry
- Wine Cellar
- Great Room
- Family Room
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Bonus Room
- Workshop
- Sun or Florida Room
- Home Gym
Kitchen
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 7 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Private Pool
- Outdoor Fireplace
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Sewer Paid
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Security Deposit $140,000
- Rent includes gardener, pool, sewer, trash collection
- 12-Month Minimum Lease Term
- Available 10/1/19
- Tax Lot 2
- Tax Tract Number 20435
- Assessor Parcel Number 4348010019
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
Sep 10, 2018
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Mar 7, 2013
Sold by
Bought by
Purchase Details
Listed on
Mar 21, 2012
Closed on
Mar 30, 2012
Sold by
Bought by
Seller's Agent
Brett Lawyer
Carolwood Estates
Buyer's Agent
Jordana Leigh
Christie's International Real Estate SoCal
List Price
$8,500,000
Sold Price
$7,700,000
Premium/Discount to List
-$800,000
-9.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$4,235,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 3, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 11, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Beverly Hills, CA
-
Claudia Savino
-
Dana Frank
Dana Frank
Responds QuicklyRodeo Realty
(424) 842-2137
146 Total Sales
2 in Beverly Hills
$825,000 Price Range
-
Ken Sisson
Ken Sisson
Responds QuicklyChristie's International Real Estate SoCal
(424) 373-6518
32 Total Sales
1 in Beverly Hills
$1,660,000 Price
-
Megan Husri
Megan Husri
Responds QuicklyKeller Williams Studio City
(747) 279-3321
88 Total Sales
2 in Beverly Hills
$1.1M - $2.8M Price Range
-
Chad Singer
Chad Singer
Responds QuicklyAmalfi Estates
(855) 936-0705
91 Total Sales
1 in Beverly Hills
$1,898,000 Price
-
Selene Hanna
Selene Hanna
Alt Financial Network Inc
(657) 300-4351
43 Total Sales
1 in Beverly Hills
$875,000 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| $10,600,106 | Fidelity National Title | ||
| $7,700,077 | Equity | ||
| -- | Ticor 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 |
|---|---|---|---|
| Open | $10,000,000 | ||
| Closed | $8,000,000 | ||
| Previous Owner | $4,235,000 | ||
| Previous Owner | $5,000,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $350,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2024 09/10/24 | For Rent | $40,000 | -7.8% | -- | |
| 03/17/2020 03/17/20 | Rented | $43,400 | -45.1% | -- | |
| 10/01/2019 10/01/19 | For Rent | $79,000 | 0.0% | -- | |
| 04/25/2012 04/25/12 | Sold | $7,700,000 | 0.0% | $739 / Sq Ft | View Prior Sale |
| 04/18/2012 04/18/12 | Off Market | $7,700,000 | -- | -- | |
| 03/21/2012 03/21/12 | For Sale | $8,500,000 | -- | $815 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $157,746 | $13,053,136 | $9,075,132 | $3,978,004 |
| 2024 | $154,506 | $12,797,193 | $8,897,189 | $3,900,004 |
| 2023 | $151,709 | $12,546,269 | $8,722,735 | $3,823,534 |
| 2022 | $147,358 | $12,300,264 | $8,551,701 | $3,748,563 |
| 2021 | $143,088 | $12,059,083 | $8,384,021 | $3,675,062 |
| 2019 | $138,964 | $11,701,406 | $8,135,348 | $3,566,058 |
| 2018 | $133,485 | $11,471,968 | $7,975,832 | $3,496,136 |
| 2017 | $130,331 | $11,247,029 | $7,819,444 | $3,427,585 |
| 2016 | $128,179 | $11,026,500 | $7,666,122 | $3,360,378 |
| 2015 | $122,686 | $10,860,872 | $7,550,970 | $3,309,902 |
| 2014 | $118,540 | $10,648,123 | $7,403,057 | $3,245,066 |
Source: Public Records
Agents Affiliated with this Home
-
Rommy Shy
Landlord's Agent in 2020
Rommy Shy
Rommy Shy
(818) 274-2655
13 Total Sales
-
Brett Lawyer
Seller's Agent in 2012
Brett Lawyer
Carolwood Estates
(310) 858-5400
47 Total Sales
-
Jordana Leigh
Buyer's Agent in 2012
Jordana Leigh
Christie's International Real Estate SoCal
(424) 249-7162
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19232651
APN: 4348-010-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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