NOT LISTED FOR SALE

Estimated Value: $6,257,000 - $8,471,471

4 Beds
3 Baths
3,989 Sq Ft
$1,863/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $10,500,000 $2,632 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $46,135/month

170 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 53,420 Sq Ft lot
  • Warner Avenue Elementary Rated A
  • Gated Parking
  • No HOA

About This Home

As of January 2021

Unique and rare opportunity to own a 1.3 acre private promontory in the cul de sac on prestigious Tower Rd. Great views of the city and ocean from this double lot property, one lot in city of Beverly Hills and one in BHPO with BH city services and Los Angeles building codes. Massive amount of flat land with the option to create much more. This coveted site is surrounded by major estates on one of the most beautiful verdant streets in Beverly Hills. Please verify all building code issues with professionals. This property is a teardown. The pool is not habitable. Land value only

Last Agent to Sell the Property

Joseph Babajian

Rodeo Realty License #00813384 Listed on: 05/20/2020

Rodeo Realty

Co-Listed By

Judy Cycon

Rodeo Realty License #00757725

Last Buyer's Agent

Ginger Glass

Compass License #01478465

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 1.23 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 3,989 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • Spa

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-015-011

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 3989
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 3105.54

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: Yes
  • View: City, City Lights, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-015-011
  • Geocode Override: No
  • Lot Size Area: 53420

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 1994
Sold by
Young Albert Wai Chow and Young Kathy Chen
Bought by
Young Albert W and Young Kathy C
Current Estimated Value
$7,431,118
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
Young Albert W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Sold $10,500,000 -15.2% $2,632 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $12,388,000 -7.5% $3,106 / Sq Ft
05/20/2020 05/20/20 For Sale $13,388,000 -- $3,356 / 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 $90,560 $7,566,199 $7,566,199 --
2024 $89,777 $7,428,455 $7,417,843 $10,612
2023 $88,011 $7,282,800 $7,272,396 $10,404
2022 $84,674 $7,140,000 $7,129,800 $10,200
2021 $18,664 $1,532,955 $898,101 $634,854
2020 $18,785 $1,517,238 $888,893 $628,345
2019 $18,044 $1,487,489 $871,464 $616,025
2018 $23,574 $1,458,324 $854,377 $603,947
2016 $17,091 $1,401,697 $821,201 $580,496
2015 $16,842 $1,380,643 $808,866 $571,777
2014 $16,913 $1,353,599 $793,022 $560,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-580804

The MLS

APN: 4348-015-011

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