NOT LISTED FOR SALE

1181 Laurel Way Beverly Hills, CA 90210

Estimated Value: $6,624,000 - $13,800,917

7 Beds
8 Baths
9,085 Sq Ft
$1,124/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $13,923,000 $1,533 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $71,875/month

56 Days on Market

Highlights

  • Cabana
  • Gourmet Kitchen
  • 1.16 Acre Lot
  • Beverly Hills High School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of March 2022

Beyond double steel gates that open to a long tree lined driveway offering ultimate privacy, 1181 Laurel Way is set on over an acre of land in Beverly Hills. The Mediterranean Estate boasts 9,370 square feet of unmatched grandeur and scale. Through a custom wrought iron front door, the 2-story dramatic grand foyer flooded with an abundance of natural light showcases an immaculate double staircase and tiered dome skylight. With intricate detail throughout, this estate features 7 bedrooms, 8 bathrooms, multiple beautiful living spaces, a formal dining room, limestone and hardwood flooring, cove lighting, coffered ceilings, crown molding, and custom cabinetry. The gourmet chef's kitchen includes top-of-the-line appliances, double ovens, a huge center island and a spacious breakfast area. Enter the opulent primary suite through double doors that open into the luxurious sitting area with a wet bar, a double-sided fireplace, dual bathrooms with walk-in closets, and a private balcony. Surrounded by lush, mature greenery, the backyard showcases an outdoor catering kitchen and bar area, a covered loggia with fireplace, and a resort-like salt-water pool including waterfalls, a waterslide, and a spa. Offering unparalleled convenience, the home includes an office, media room, gym, wet bar, and service quarters.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 01/26/2022

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Matthew Stomberg

Douglas Elliman of California, Inc. License #02100838

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $174,578

Year Built

  • Built in 2004

Lot Details

  • 1.16 Acre Lot
  • Property is zoned BHR1*

Parking

  • 3 Car Attached Garage
  • 7 Open Parking Spaces
  • Driveway
  • Guest Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 9,085 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Two Way Fireplace
  • Entryway
  • Family Room with Fireplace
  • 6 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Utility Room
  • Home Gym
  • Canyon Views
  • Intercom

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Sunken Shower or Bathtub
  • Powder Room
  • 8 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4348-003-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$174,578

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 9085
  • Lot Acreage: 1.1645
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Built-Ins, Crown Moldings, High Ceilings (9 Feet+), Hot Tub, Open Floor Plan, Recessed Lighting, Two Story Ceilings
  • Fireplace Rooms: Patio, Living Room, Master Bedroom, Family Room, Two Way
  • Flooring: Carpet, Hardwood, Stone, Mixed
  • Appliances: Built-Ins, Gas, Microwave, Oven, Range, Range Hood
  • Bedrooms: 7
  • Fireplaces: 6
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Bedroom, Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Sunken Tub, Double Vanity(s), Linen Closet, Powder Room, Tile, Shower and Tub, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: In Kitchen, Kitchen Island, Breakfast Area, Dining Area, Family Kitchen, Family Room
  • Kitchen Features: Gourmet Kitchen, Counter Top, Island, Pantry, Stone Counters
  • Laundry: Inside, Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Microwave, Freezer, Range/Oven, Refrigerator, Washer, Garbage Disposal, Hood Fan, Intercom
  • Fireplace: Yes
  • Price Per S Q F T: 1629.06

Exterior Features

  • Other Structures: Cabana
  • Pool Description: Heated And Filtered, In Ground, Waterfall, Private
  • Pool: Yes
  • Spa: In Ground, Heated, Private
  • Spa Yn: Yes
  • View: Tree Top, Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 7
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Private, Private Garage, Driveway, Parking for Guests, Parking for Guests - Onsite, Attached
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-003-041
  • Lot Size Area: 50747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Feb 25, 2022
Sold by
Pi Properties No 139 Llc
Bought by
Casa Sbbh Llc
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Matthew Stomberg
Douglas Elliman of California, Inc.
List Price
$14,800,000
Sold Price
$13,923,000
Premium/Discount to List
-$877,000
-5.93%
Total Days on Market
56
Current Estimated Value
$10,212,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,710,541
Avg. Annual Appreciation
-9.29%
Original Mortgage
$8,000,000
Outstanding Balance
$7,425,862
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,786,597

Purchase Details

Closed on
Jun 14, 2016
Sold by
Prime A Investments Llc
Bought by
Pi Properties #139 Llc

Purchase Details

Closed on
Apr 9, 2006
Sold by
Meiri Shlomo and Meiri Mino
Bought by
Prime A Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,475,000
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2003
Sold by
Michaelson Marc G
Bought by
Meiri Shlomo and Meiri Mino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.83%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Michaelson Marc G
Bought by
Michaelson Marc G

Purchase Details

Closed on
Mar 3, 1998
Sold by
Dickter Family Trust Dickter Morris A And Sal
Bought by
Michaelson Marc G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.37%

Purchase Details

Closed on
Sep 7, 1994
Sold by
Dickter Morris A and Dickter Sally S
Bought by
Dickter Morris A and Dickter Sally S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.37%
Source: Public Records

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Range of Values:

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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
Casa Sbbh Llc $13,923,000 Fidelity National Title
Pi Properties #139 Llc $15,850,000 First American Title Ins Co
Prime A Investment Llc $9,250,000 None Available
Meiri Shlomo $1,918,000 Provident Title Company
Michaelson Marc G -- --
Michaelson Marc G -- --
Michaelson Marc G $1,150,000 Provident Title
Michaelson Marc G -- Provident Title
Dickter Morris A -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Sbbh Llc $8,000,000
Previous Owner Prime A Investments Llc $4,385,000
Previous Owner Prime A Investments Llc $6,475,000
Previous Owner Meiri Shlomo $4,950,000
Previous Owner Meiri Shlomo $1,050,000
Previous Owner Meiri Shlomo $3,000,000
Previous Owner Michaelson Marc G $909,000
Previous Owner Michaelson Marc G $920,000
Previous Owner Dickter Morris A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $13,923,000 -5.9% $1,533 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $14,800,000 0.0% $1,629 / Sq Ft
08/21/2019 08/21/19 Rented $30,000 -14.3% --
07/31/2019 07/31/19 For Rent $35,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $174,578 $14,485,489 $10,323,889 $4,161,600
2023 $171,411 $14,201,460 $10,121,460 $4,080,000
2022 $211,189 $17,680,973 $12,220,286 $5,460,687
2021 $205,092 $17,334,288 $11,980,673 $5,353,615
2019 $199,169 $16,820,145 $11,625,320 $5,194,825
2018 $191,546 $16,490,339 $11,397,373 $5,092,966
2016 $124,097 $10,678,288 $8,542,633 $2,135,655
2015 $118,777 $10,517,891 $8,414,315 $2,103,576
2014 $114,767 $10,311,861 $8,249,491 $2,062,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-120665

The MLS

APN: 4348-003-041