NOT LISTED FOR SALE

1129 Tower Rd Beverly Hills, CA 90210

Estimated Value: $7,474,000

5 Beds
9 Baths
6,244 Sq Ft
$1,197/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2016

Last sale price $16,500,000 $2,643 Per Sq Ft

Current estimated payment $48,001 / mo

153 Days on Market

Highlights

  • Cabana
  • Automatic Gate
  • 58,637 Sq Ft lot
  • El Rodeo Elementary School Rated 10
  • City View
  • Maid or Guest Quarters

About This Home

As of December 2016

Once in a lifetime opportunity to purchase 1.35 acres on the famed Tower Road. Perched on a private knoll, up a long private driveway, with INCREDIBLE city views, these world-class grounds are hidden behind large gates with extreme levels of privacy from the road. Approx. 6,244 SQFT Main House with rolling lawns & sparkling vistas, sweeping grounds w/ cabana, motor court, 3 car garage, & spacious back patio w/ pool overlooking the world. Unparalleled potential for massive custom estate! Seller to provide all reports upon request.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 07/11/2016

Douglas Elliman of California, Inc.

Co-Listed By

Jacob Greene

Douglas Elliman of California, Inc. License #01933997

Last Buyer's Agent

Christine Martin

The Agency License #01823589

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1.35 Acre Lot
  • Property is zoned BHR1*

Property Views

  • City
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,244 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Area
  • Library
  • Wood Flooring
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • Maid or Guest Quarters
  • 9 Full Bathrooms

Parking

  • 4 Car Garage
  • Automatic Gate

Pool

  • Cabana
  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-017-010

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

1.35 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 6244
  • Stories: 2
  • Year Built: 1970
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Wood
  • Bedrooms: 5
  • Full Bathroom: 9
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 2801.89

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: Yes
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Garage - 4+ Car, Gated

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-017-010
  • Geocode Override: No
  • Lot Size Area: 58637

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Nov 18, 2016
Sold by
1129 Tower Road Llc
Bought by
Tower Road Llc
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Christine Martin
The Agency
List Price
$17,495,000
Sold Price
$16,500,000
Premium/Discount to List
-$995,000
-5.69%
Current Estimated Value
$7,474,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,026,000
Avg. Annual Appreciation
-7.42%

Purchase Details

Closed on
Dec 13, 2013
Sold by
Ghandour Ghassan
Bought by
1129 Tower Road Llc

Purchase Details

Closed on
Oct 11, 2013
Sold by
1129 Tower Rd Llc
Bought by
Ghandour Ghassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 2, 2012
Closed on
Apr 24, 2012
Sold by
Rodgers Victor A and Rodgers Paula J
Bought by
1129 Tower Road Llc
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Stacy Gottula
Coldwell Banker Realty
List Price
$7,495,000
Sold Price
$8,400,000
Premium/Discount to List
$905,000
12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.39%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Rodgers Victor A and Rodgers Paula G
Bought by
Rodgers Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Tower Road Llc $16,500,000 None Available
1129 Tower Road Llc -- None Available
Ghandour Ghassan -- Lawyers Title
1129 Tower Road Llc $8,400,084 Equity Title Los Angeles
Rodgers Victor A -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Ghandour Ghassan $4,500,000
Previous Owner Rodgers Victor A $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2016 12/12/16 Sold $16,500,000 -5.7% $2,643 / Sq Ft
07/11/2016 07/11/16 For Sale $17,495,000 +108.3% $2,802 / Sq Ft
05/04/2012 05/04/12 Sold $8,400,000 +12.1% $1,345 / Sq Ft View Prior Sale
04/26/2012 04/26/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $7,495,000 -- $1,200 / Sq Ft
Source: The MLS

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 $231,046 $19,149,662 $12,244,179 $6,905,483
2024 $226,122 $18,774,180 $12,004,098 $6,770,082
2023 $222,016 $18,406,060 $11,768,724 $6,637,336
2022 $215,641 $18,045,158 $11,537,965 $6,507,193
2021 $209,430 $17,691,332 $11,311,731 $6,379,601
2019 $203,385 $17,166,600 $10,976,220 $6,190,380
2018 $195,405 $16,830,000 $10,761,000 $6,069,000
2016 $105,611 $9,086,815 $7,067,523 $2,019,292
2015 $101,084 $8,950,324 $6,961,363 $1,988,961
2014 $97,682 $8,400,000 $6,720,000 $1,680,000
Source: Public Records

Agents Affiliated with this Home

  • Joshua Altman

    Seller's Agent in 2016

    Joshua Altman

    Douglas Elliman of California, Inc.

    (323) 610-0231

    31 in this area

    495 Total Sales

    Joshua Altman
    Section Image
  • Jacob Greene

    Seller Co-Listing Agent in 2016

    Jacob Greene

    Douglas Elliman of California, Inc.

    (310) 415-2653

    15 in this area

    88 Total Sales

    Jacob Greene
    Section Image
  • Christine Martin

    Buyer's Agent in 2016

    Christine Martin

    The Agency

    (424) 230-3700

    10 Total Sales

    Christine Martin
    Section Image

  • T

    Buyer Co-Listing Agent in 2016

    Tiffany Martin

    The Agency

    (310) 696-9612

    4 Total Sales

    Tiffany Martin
    Section Image
  • Jade Mills

    Seller's Agent in 2012

    Jade Mills

    Coldwell Banker Realty

    (949) 723-4633

    23 in this area

    140 Total Sales

    Jade Mills
    Section Image
  • Kirk Frieden

    Seller Co-Listing Agent in 2012

    Kirk Frieden

    Coldwell Banker Realty

    (310) 849-8822

    12 Total Sales

    Kirk Frieden
    Section Image
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Map

Source: The MLS

MLS Number: 16-142614

The MLS

APN: 4348-017-010

California Los Angeles County Beverly Hills 90210

1129 Tower Rd, Beverly Hills, CA

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The MLS © 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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