NOT LISTED FOR SALE

1041 N Hillcrest Rd Beverly Hills, CA 90210

Estimated Value: $8,577,000 - $12,896,595

5 Beds
6 Baths
6,293 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $12,400,000 $1,970 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $66,474/month

60 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Contemporary Architecture
  • Hawthorne Elementary School Rated A
  • Sauna
  • Living Room with Fireplace

About This Home

As of January 2022

Ideally located in coveted Trousdale Estates, this contemporary masterpiece is built with soaring ceilings, clean lines, and sleek intricacies in the most prestigious enclave of Beverly Hills. Designed by renowned architect, Vigen Pezeshkian, the 5 bed 6 bath+ office home boasts an open floor plan creating indoor-outdoor living and magnetizes towards the substantial city to ocean panoramic views. Recessed lit ceilings, embossed walls, rare stones and onyx lit bar, make up the bespoke sophistication in every detail. The master bed and spa like bath, vast great room, chef's kitchen with finest appliances and grand stone island, and breakfast nook all sit along walls of glass slider doors opening to the entertainers backyard. The private outdoor area is complete with built-in BBQ and dining, TV viewing area, and a luxurious pool, spa, and outdoor bathroom and sauna for your every indulgence. A rare opportunity for an architectural home of such refinement and style in the world's most exclusive neighborhood.

Last Agent to Sell the Property

Tomer Fridman

Christie's International Real Estate SoCal License #01750717 Listed on: 11/29/2021

Christie's International Real Estate SoCal

Co-Listed By

Antonio Bruno

Sotheby's International Realty License #02052462

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155,458

Year Built

  • Built in 2017

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 132x158
  • Property is zoned BHR1*

Property Views

  • Ocean
  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,293 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Sauna
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 6 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4391-031-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$155,458

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 6293
  • Lot Acreage: 0.4708
  • Lot Dimensions: 132x158
  • Stories: 1
  • Year Built: 2017
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area, Kitchen Island
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 2064.99

Exterior Features

  • Other Structures: Other
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway - Concrete
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4391-031-022
  • Lot Size Area: 20500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jan 24, 2022
Sold by
Kovalchuk Ilya and Nikol Algerdos
Bought by
Eugene Chen And Ann Chen Revocable Living Tru and Chen
Seller's Agent
Tomer Fridman
Christie's International Real Estate SoCal
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$12,995,000
Sold Price
$12,400,000
Premium/Discount to List
-$595,000
-4.58%
Current Estimated Value
$10,094,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,305,468
Avg. Annual Appreciation
-5.48%
Original Mortgage
$8,060,000
Outstanding Balance
$7,340,766
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,753,766

Purchase Details

Closed on
Sep 20, 2019
Sold by
Fouladian George and Rahbar Guita
Bought by
Kovalchuk Ilya and Kovalchuk Nikol Algerdos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2018
Sold by
Fouladian George and Rahbar Guita
Bought by
Fouladian George and Rahbar Guita

Purchase Details

Closed on
May 23, 2014
Sold by
Fouladian George and Rahbar Guita
Bought by
Fouladian Family Trust

Purchase Details

Closed on
Feb 19, 1997
Sold by
Bieber Lawrence A Tr and Lawrence A Bieber Revocable Tr
Bought by
Fouladian George and Rahbar Guita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
7.86%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Bieber Lawrence A
Bought by
Bieber Lawrence A and Lawrence A Bieber Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
7.86%

Purchase Details

Closed on
Dec 30, 1996
Sold by
Bieber Lawrence A Tr and Lawrence A Bieber Revocable Tr
Bought by
Bieber Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
7.86%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Bieber Lawrence A
Bought by
Bieber Lawrence A and Lawrence A Bieber Revocable Tr
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Eugene Chen And Ann Chen Revocable Living Tru $12,400,000 Lawyers Title
Kovalchuk Ilya $11,200,000 Chicago Title Company
Fouladian George -- None Available
Fouladian Family Trust -- None Available
Fouladian George $1,325,000 Guardian Title Company
Bieber Lawrence A -- Provident Title Company
Bieber Lawrence A -- Provident Title Company
Bieber Lawrence A -- --
Bieber Lawrence A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eugene Chen And Ann Chen Revocable Living Tru $8,060,000
Previous Owner Kovalchuk Ilya $6,500,000
Previous Owner Fouladian George $993,750
Previous Owner Bieber Lawrence A $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $12,400,000 -4.6% $1,970 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $12,995,000 +16.0% $2,065 / Sq Ft
01/02/2020 01/02/20 Sold $11,200,000 -2.6% $1,816 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $11,495,000 -11.5% $1,864 / Sq Ft
07/19/2019 07/19/19 For Sale $12,995,000 -- $2,107 / 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 $155,458 $13,158,978 $8,818,107 $4,340,871
2024 $155,458 $12,900,959 $8,645,203 $4,255,756
2023 $152,637 $12,648,000 $8,475,690 $4,172,310
2022 $138,053 $11,542,351 $8,079,646 $3,462,705
2021 $134,071 $11,316,031 $7,921,222 $3,394,809
2020 $45,281 $3,762,702 $1,220,581 $2,542,121
2019 $44,074 $3,684,183 $1,196,649 $2,487,534
2018 $22,242 $1,896,616 $1,173,186 $723,430
2016 $21,323 $1,822,971 $1,127,631 $695,340
2015 $20,417 $1,795,589 $1,110,693 $684,896
2014 $19,748 $1,760,417 $1,088,937 $671,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-107695

The MLS

APN: 4391-031-022