1120 Summit Dr Beverly Hills, CA 90210
Estimated payment $67,995/month
Highlights
- View of Trees or Woods
- Beverly Hills High School Rated A
- 0.88 Acre Lot
About This Lot
Extremely rare development opportunity in Prime Beverly Hills. Set on nearly a full acre of buildable land in a coveted pocket of Beverly Hills, this North/South-facing tennis court estate presents a limited chance to create a world-class residence. All plans and permits have been pulled, approved by the city and paid for! Construction can begin tomorrow on this 13,975 square-foot architectural masterpiece by the acclaimed Hafco Group, renowned for designing some of the city's most notable homes, this property is an extraordinary canvas for luxury living. Privately positioned and surrounded by prestigious estates, the site boasts exceptional privacy, views, and an expansive footprint rarely available in this A+ location. Opportunities of this caliber, offering a blend of size, location, and design pedigree are extremely hard to come by.
Property Details
Property Type
- Land
Est. Annual Taxes
- $87,259
Lot Details
- 0.88 Acre Lot
- Property is zoned BHR1*
Property Views
- Woods
- Canyon
Listing and Financial Details
- Assessor Parcel Number 4348-006-009
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $87,259 | $7,216,214 | $6,897,852 | $318,362 |
| 2023 | $85,683 | $7,074,720 | $6,762,600 | $312,120 |
| 2022 | $83,229 | $6,936,000 | $6,630,000 | $306,000 |
| 2021 | $78,589 | $6,610,784 | $4,627,448 | $1,983,336 |
| 2020 | $88,393 | $7,397,908 | $5,918,328 | $1,479,580 |
| 2019 | $86,129 | $7,252,852 | $5,802,283 | $1,450,569 |
| 2018 | $82,674 | $7,110,640 | $5,688,513 | $1,422,127 |
| 2016 | $79,390 | $6,834,527 | $5,467,622 | $1,366,905 |
| 2015 | $75,988 | $6,731,867 | $5,385,494 | $1,346,373 |
| 2014 | $73,429 | $6,600,000 | $5,280,000 | $1,320,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | For Sale | $10,995,000 | +61.7% | -- |
| 03/23/2021 03/23/21 | Sold | $6,800,000 | -7.5% | $1,304 / Sq Ft |
| 01/20/2021 01/20/21 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | For Sale | $7,350,000 | +11.4% | $1,409 / Sq Ft |
| 08/26/2013 08/26/13 | Sold | $6,600,000 | -5.7% | $1,265 / Sq Ft |
| 07/24/2013 07/24/13 | Pending | -- | -- | -- |
| 02/07/2013 02/07/13 | For Sale | $6,999,000 | -- | $1,342 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,800,000 | Equity Title Company | |
| Trustee Deed | $4,900,000 | Accommodation | |
| Grant Deed | $6,600,066 | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Individual Deed | -- | Continental Lawyers Title Co | |
| Individual Deed | -- | Continental Lawyers Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,080,000 | New Conventional | |
| Closed | $4,080,000 | New Conventional | |
| Previous Owner | $4,650,000 | Construction | |
| Previous Owner | $3,500,000 | New Conventional |
Source: The MLS
MLS Number: 25546513
APN: 4348-006-009
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© 2025 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.
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