1121 Tower Rd Beverly Hills, CA 90210
Estimated Value: $7,791,000 - $12,719,976
6
Beds
9
Baths
5,557
Sq Ft
$1,793/Sq Ft
Est. Value
Highlights
- Attached Guest House
- In Ground Pool
- Living Room with Fireplace
- Beverly Hills High School Rated A
- City Lights View
- Spanish Architecture
About This Home
As of September 2022LISTED FOR COMP PURPOSES ONLY. The project is under construction and will be back on market in 12 months. For further information please contact LA1 or LA2. This remodel includes plans for a bright daylight lower level with entertainment space, Wellness Center, Theater, and city light views from the expansive Master Bedroom. The home has excellent off-street parking with a large semi-circular driveway and a rear motor court with a three-car garage under a guest apartment. A large swimming pool and spa adjacent to a spacious flat grassy yard with numerous entertaining areas will complete this one-of-a-kind estate.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $113,140
Year Built
- Built in 1928 | Under Construction
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 101x160
- Property is zoned BHR1YY
Property Views
- City Lights
- Canyon
Home Design
- Spanish Architecture
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- Home Office
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 9 Full Bathrooms
Parking
- 4 Parking Spaces
- Covered Parking
- On-Street Parking
Pool
- In Ground Pool
- In Ground Spa
Additional Features
- Attached Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4348-017-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2022
Sold by
Anchor Assets Xviii Holdings Llc
Bought by
Tower Dream Home Llc
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500,000
Interest Rate
5.54%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 8, 2021
Sold by
Liberty Fund Llc
Bought by
Jrm Financial Llc
Purchase Details
Closed on
Dec 18, 2017
Sold by
1121 Tower Road Llc
Bought by
Liberty Fund Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,900
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 19, 2016
Closed on
Oct 3, 2016
Sold by
Weintraub Amv and Ls Shelton Trust
Bought by
1121 Tower Road Llc
Seller's Agent
Michael Eisenberg
Keller Williams Beverly Hills
Buyer's Agent
Gregory Dean
The Dean Company
List Price
$6,395,000
Sold Price
$6,150,000
Premium/Discount to List
-$245,000
-3.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$4,920,000
Interest Rate
3.42%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 16, 1998
Sold by
Moreaux Lesly S Tr Moreaux Trust
Bought by
Shelton Lesly Starr and L S Shelton Trust
Purchase Details
Closed on
Dec 23, 1994
Sold by
Shelton Lesly and Moreaux Lesly Shelton
Bought by
Moreaux Lesly Shelton and L Moreaux Trust
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Similar Homes in Beverly Hills, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tower Dream Home Llc | $9,200,000 | Provident Title | |
| Anchor Assets Xviii Holdings Llc | -- | First American Title Company O | |
| Jrm Financial Llc | $8,081,379 | None Available | |
| Liberty Fund Llc | $7,050,000 | Fidelity Sherman Oaks | |
| 1121 Tower Road Llc | $6,150,000 | First American Title Company | |
| Shelton Lesly Starr | -- | -- | |
| Moreaux Lesly Shelton | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tower Dream Home Llc | $11,850,000 | |
| Closed | Tower Dream Home Llc | $2,900,000 | |
| Closed | Tower Dream Home Llc | $3,000,000 | |
| Previous Owner | Tower Dream Home Llc | $9,500,000 | |
| Previous Owner | Liberty Fund Llc | $205,000,000 | |
| Previous Owner | Liberty Fund Llc | $11,195,000 | |
| Previous Owner | Liberty Fund Llc | $7,900 | |
| Previous Owner | 1121 Tower Road Llc | $4,920,000 | |
| Closed | Tower Dream Home Llc | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $9,200,000 | 0.0% | $1,656 / Sq Ft |
| 09/01/2022 09/01/22 | Pending | -- | -- | -- |
| 08/31/2022 08/31/22 | For Sale | $9,200,000 | +49.6% | $1,656 / Sq Ft |
| 11/17/2016 11/17/16 | Sold | $6,150,000 | -3.8% | $1,003 / Sq Ft |
| 10/07/2016 10/07/16 | Pending | -- | -- | -- |
| 08/19/2016 08/19/16 | For Sale | $6,395,000 | -- | $1,043 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $113,140 | $9,384,000 | $7,507,200 | $1,876,800 |
| 2023 | $111,090 | $9,200,000 | $7,360,000 | $1,840,000 |
| 2022 | $100,865 | $8,428,158 | $7,140,000 | $1,288,158 |
| 2021 | $87,901 | $7,410,807 | $5,928,646 | $1,482,161 |
| 2020 | $87,611 | $7,334,820 | $5,867,856 | $1,466,964 |
| 2019 | $85,366 | $7,191,000 | $5,752,800 | $1,438,200 |
| 2018 | $73,062 | $6,273,000 | $5,018,400 | $1,254,600 |
| 2016 | $68,694 | $5,903,678 | $4,690,455 | $1,213,223 |
| 2015 | $4,715 | $397,761 | $287,621 | $110,140 |
| 2014 | $4,582 | $389,970 | $281,987 | $107,983 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Dean
Seller's Agent in 2022
Gregory Dean
The Dean Company
(310) 502-5002
4 in this area
15 Total Sales
-
Adam Rosenfeld
Seller Co-Listing Agent in 2022
Adam Rosenfeld
The Agency
(310) 595-5915
11 in this area
70 Total Sales
-
Dimitri Velis
D
Buyer's Agent in 2022
Dimitri Velis
The Dean Company
(310) 278-3311
1 in this area
2 Total Sales
-
Michael Eisenberg
Seller's Agent in 2016
Michael Eisenberg
Keller Williams Beverly Hills
(310) 748-5410
4 in this area
22 Total Sales
Map
Source: The MLS
MLS Number: 22-196079
APN: 4348-017-012
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