NOT LISTED FOR SALE

1120 Summit Dr Beverly Hills, CA 90210

Estimated Value: $7,017,000 - $9,865,047

5 Beds
5 Baths
5,216 Sq Ft
$1,676/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $6,800,000 $1,304 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $53,114/month

51 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • Room in yard for a pool
  • Beverly Hills High School Rated A
  • 0.88 Acre Lot
  • No HOA

About This Home

As of March 2021

Rare opportunity to create a lavish Beverly Hills Estate, over 38,000sqft lot on prestigious Summit Drive. Existing tennis court and guest house. Shown only to prequalified Buyers.

Last Agent to Sell the Property

Drew Fenton

Carolwood Estates License #01317962 Listed on: 11/30/2020

Carolwood Estates

Last Buyer's Agent

Jordana Leigh

Christie's International Real Estate SoCal License #01239166

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,259

Lot Details

  • 0.88 Acre Lot
  • Property is zoned BHR1*

Parking

  • Driveway

Interior Spaces

  • 5,216 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Room in yard for a pool
  • Tennis Courts

Additional Homes

  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-006-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,259

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 5216
  • Lot Acreage: 0.8756
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Price Per S Q F T: 1409.13

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-006-009
  • Lot Size Area: 38142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Rappaport Juliette and Juliette Rappaport Living Trus
Bought by
Abra Lending Inc
Current Estimated Value
$8,741,012

Purchase Details

Listed on
Feb 7, 2013
Closed on
Aug 16, 2013
Sold by
Libaw Shawn Donald and Libaw Josephine Bufalino
Bought by
Rappaport Juliette and The Juliette Rappaport Living
Seller's Agent
David Kramer
Compass
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$6,999,000
Sold Price
$6,600,000
Premium/Discount to List
-$399,000
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$3,500,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2012
Sold by
Libaw Jacob E and Jack Libaw Personal Residence
Bought by
Libaw Shawn Donald and Libaw Evan Justin

Purchase Details

Closed on
Mar 2, 2012
Sold by
Libaw Evan Justin and Libaw Pamela Jill
Bought by
Libaw Evan Justin and E J Libaw Family Trust

Purchase Details

Closed on
Mar 1, 2012
Sold by
Libaw Shawn Donald and Libaw Josephine Bufalino
Bought by
Libaw Shawn Donald and Libaw Josephine Bufalino

Purchase Details

Closed on
Nov 27, 1995
Sold by
Libaw Jacob E and Jacon E Libaw Trust
Bought by
Libaw Jacob E and Jack Libaw Personal Revocable

Purchase Details

Closed on
Jul 1, 1993
Sold by
Libaw Jacob E
Bought by
Libaw Shawn D and Libaw Evan J
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

Date Buyer Sale Price Title Company
Abra Lending Inc $4,900,000 Accommodation
Rappaport Juliette $6,600,066 Commonwealth Land Title Co
Libaw Shawn Donald -- None Available
Libaw Evan Justin -- None Available
Libaw Shawn Donald -- None Available
Libaw Jacob E -- --
Libaw Shawn D -- Continental Lawyers Title Co
Libaw Jacob E -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rappaport Juliette $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
07/24/2013 07/24/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $6,999,000 -- $1,342 / 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 $87,259 $7,360,538 $7,035,809 $324,729
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
Source: Public Records

Agents Affiliated with this Home

  • Drew Fenton

    Seller's Agent in 2021

    Drew Fenton

    Carolwood Estates

    (310) 492-0701

    25 in this area

    88 Total Sales

    Drew Fenton
    Section Image
  • Jordana Leigh

    Buyer's Agent in 2021

    Jordana Leigh

    Christie's International Real Estate SoCal

    (424) 249-7162

    25 in this area

    84 Total Sales

    Jordana Leigh
    Section Image
  • David Kramer

    Seller's Agent in 2013

    David Kramer

    Compass

    (310) 691-2400

    15 in this area

    117 Total Sales

    David Kramer
    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Beth Ann Green

    Hilton & Hyland

    Section Image
  • Kurt Rappaport

    Buyer's Agent in 2013

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    22 in this area

    100 Total Sales

    Kurt Rappaport
    Section Image
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Map

Source: The MLS

MLS Number: 20-665220

The MLS

APN: 4348-006-009

California Los Angeles County Beverly Hills 90210

1120 Summit Dr, Beverly Hills, CA

Not Listed for Sale

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The MLS © 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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