1121 Tower Rd Beverly Hills, CA 90210
7
Beds
9
Baths
6,132
Sq Ft
0.37
Acres
Highlights
- Filtered Pool
- Garage Apartment
- Maid or Guest Quarters
- Beverly Hills High School Rated A
- City Lights View
- Living Room with Fireplace
About This Home
As of September 2022A rare offering an original 1920's Spanish Villa on famed Tower Road sited above the street with long private driveway. Gracious sized public rooms, living room with exposed timber beams and den with stenciled ceilings. 4 Bedroom suites upstairs & 2 staff bedrooms with a shared bath. The basement is a bonus space with wood burning fireplace. Front and rear grassy yards and a sparkling Swimmers pool with two cabanas and changing rooms with showers. Detached 4 car garage with chauffeurs quarters and bath. Square footage is comprised of main house, finished basement w/ fireplace, detached room and bath. Buyer to verify sq. footage and all other attributes,building/remodeling restrictions during the inspection period. The property is being sold in its current as-is condition. A true step-back in time to the glorious days and nights of yore, when things were a lot quieter and simpler.
Last Agent to Sell the Property
Keller Williams Beverly Hills License #01234030 Listed on: 08/19/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $113,140
Year Built
- Built in 1928
Lot Details
- 0.37 Acre Lot
- Property is zoned BHR1YY
Property Views
- City Lights
- Park or Greenbelt
Home Design
- Spanish Architecture
Interior Spaces
- 6,132 Sq Ft Home
- 2-Story Property
- Built-In Features
- Family Room
- Living Room with Fireplace
- Dining Room
- Den
- Bonus Room with Fireplace
Kitchen
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- Maid or Guest Quarters
Laundry
- Laundry Room
- Gas Dryer Hookup
Parking
- 7 Parking Spaces
- Garage Apartment
- Driveway
Pool
- Filtered Pool
- In Ground Pool
- Fence Around Pool
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
- No Home Owners Association
- Service Entrance
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
5.73%
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
77 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: 16-154884
APN: 4348-017-012
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