1121 Tower Rd Beverly Hills, CA 90210
6
Beds
9
Baths
5,557
Sq Ft
0.37
Acres
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.
Last Agent to Sell the Property
The Dean Company License #00970290 Listed on: 08/31/2022
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
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
5.72%
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
Similar Homes in Beverly Hills, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $9,200,000 | Provident Title | |
| Grant Deed | -- | First American Title Company O | |
| Trustee Deed | $8,081,379 | None Available | |
| Grant Deed | $7,050,000 | Fidelity Sherman Oaks | |
| Grant Deed | $6,150,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $11,850,000 | New Conventional | |
| Closed | $2,900,000 | New Conventional | |
| Closed | $3,000,000 | New Conventional | |
| Previous Owner | $9,500,000 | Construction | |
| Previous Owner | $205,000,000 | Amount Keyed Is An Aggregate Amount | |
| Previous Owner | $11,195,000 | Construction | |
| Previous Owner | $7,900 | Commercial | |
| Previous Owner | $4,920,000 | Commercial | |
| Closed | $1,000,000 | No Value Available |
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
3 in this area
15 Total Sales
-
Adam Rosenfeld
Seller Co-Listing Agent in 2022
Adam Rosenfeld
Resident Group
(310) 595-5915
12 in this area
76 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
5 in this area
23 Total Sales
Map
Source: The MLS
MLS Number: 22-196079
APN: 4348-017-012
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