NOT LISTED FOR SALE

1181 N Hillcrest Rd Beverly Hills, CA 90210

Hollywood Hills West Neighborhood

Estimated Value: $8,873,000

8 Beds
15 Baths
22,300 Sq Ft
$398/Sq Ft Est. Value

Last Sold December 18, 2014

Last sale price $70,000,000 $3,139 Per Sq Ft

Current estimated payment $57,220/month

93 Days on Market

Highlights

  • Ocean View
  • Wine Room
  • Home Theater
  • Hawthorne Elementary School Rated A
  • Garage Cooled
  • Heated Infinity Pool

About This Home

As of December 2014

Breathe California Immerse yourself in a scenic wonderland of unparalleled beauty. Step out into your backyard & experience southern California the way you've always imagined. A sweeping panoramic view from downtown LA to the shores of Malibu Beach & everything in between. The mystique of Hollywood & glamor of Rodeo Drive at your fingertips. At the top of Hillcrest Road sits a property unlike any other in Beverly Hills. At approx. 23,000 square feet, it is a masterwork in luxury composition & the sharpest possible detail. This is a collection of the world's finest elements localized in a single setting. Every inch of this estate is outfitted with an unforgettable blend of style, comfort & quality. Our world-class creative team was charged with a mission: to develop a house that incorporates all the very best that California has to offer. This property thoroughly raises the bar for architecture and design in LA. It is a unique achievement, a full redefinition of today's luxury home.

Last Agent to Sell the Property

Ben Bacal

Revel Real Estate License #01437782 Listed on: 09/10/2014

Co-Listed By

Branden Williams

The Beverly Hills Estates License #01774287

Last Buyer's Agent

Katia De Los Reyes

License #01406423

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $991,189

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.96 Acre Lot
  • South Facing Home
  • Property is zoned BHR1*

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 22,300 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Built-In Features
  • Bar
  • Wine Room
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Den
  • Utility Room
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • 15 Full Bathrooms
  • Double Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer

Parking

  • 16 Parking Spaces
  • Garage Cooled
  • Driveway
  • Gated Parking

Pool

  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Phone System

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4391-029-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$991,189

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 22300
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2014
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Stone, Wood
  • Appliances: Built-Ins, Convection Oven, Gas Grill, Oven, Range, Range Hood
  • Bedrooms: 8
  • Fireplaces: 2
  • Full Bathroom: 15
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Linen Closet
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Formal Dining Rm, Kitchen Island, Living Room
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 15.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Bar Ice Maker, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3811.66

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool Description: Heated, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Catalina, City Lights, Hills, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 8
  • Parking Garage: Air Conditioned Garage, Driveway, Garage - 3 Car, Gated
  • Total Parking: 16

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4391-029-022
  • Geocode Override: No
  • Lot Size Area: 41608

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Dec 16, 2014
Sold by
1181 N Hillcrest Road Llc
Bought by
Persson Markus
Seller's Agent
Ben Bacal
Revel Real Estate
Buyer's Agent
Katia De Los Reyes
List Price
$85,000,000
Sold Price
$70,000,000
Premium/Discount to List
-$15,000,000
-17.65%
Current Estimated Value
$8,873,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,127,000
Avg. Annual Appreciation
-17.65%

Purchase Details

Closed on
Aug 20, 2012
Sold by
Hersch Mitchell H and Hersch Brian L
Bought by
1181 N Hillcrest Road Llc

Purchase Details

Closed on
Nov 18, 2010
Sold by
The Hersch Family Trust
Bought by
Hersch Mitchell H and Hersch Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Hersch Meyer E and Hersch Mildred N
Bought by
Hersch Meyer E and Hersch Mildred N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,595,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2003
Sold by
Hesch Meyer E and Hersch Mildred N
Bought by
Hersch Mildred and Hersch Meyer E
Source: Public Records

Range of Values:

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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
Persson Markus -- None Available
1181 N Hillcrest Road Llc $12,650,126 First American Title Company
Hersch Mitchell H -- Lawyers Title Company
Hersch Meyer E -- --
Hersch Meyer E -- Fidelity National Title Co
Hersch Mildred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hersch Mitchell H $3,200,000
Previous Owner Vazquez Angelica $3,200,000
Previous Owner Hersch Meyer E $1,595,000
Previous Owner Hersch Meyer $1,595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2014 12/18/14 Sold $70,000,000 -17.6% $3,139 / Sq Ft
09/10/2014 09/10/14 For Sale $85,000,000 -- $3,812 / Sq Ft
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
2025 $991,189 $84,129,537 $51,968,018 $32,161,519
2024 $991,189 $82,479,939 $50,949,038 $31,530,901
2023 $973,137 $80,862,687 $49,950,038 $30,912,649
2022 $945,130 $79,277,145 $48,970,626 $30,306,519
2021 $917,905 $77,722,692 $48,010,418 $29,712,274
2019 $891,359 $75,417,396 $46,586,403 $28,830,993
2018 $857,840 $73,938,625 $45,672,945 $28,265,680
2016 $824,167 $71,067,500 $43,899,410 $27,168,090
2015 $788,112 $70,000,000 $43,240,000 $26,760,000
2014 $141,313 $12,707,431 $7,031,780 $5,675,651
Source: Public Records

Agents Affiliated with this Home

  • Ben Bacal

    Seller's Agent in 2014

    Ben Bacal

    Revel Real Estate

    (214) 502-0366

    12 in this area

    40 Total Sales

    Ben Bacal
    Section Image
  • Branden Williams

    Seller Co-Listing Agent in 2014

    Branden Williams

    The Beverly Hills Estates

    (310) 278-3311

    35 in this area

    195 Total Sales

    Branden Williams
    Section Image

  • K

    Buyer's Agent in 2014

    Katia De Los Reyes

  • Sally Forster Jones

    Buyer Co-Listing Agent in 2014

    Sally Forster Jones

    Compass

    (310) 341-7238

    19 in this area

    378 Total Sales

    Sally Forster Jones
    Section Image
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Map

Source: The MLS

MLS Number: 14-792443

The MLS

APN: 4391-029-022

California Los Angeles County Beverly Hills 90069 Hollywood Hills West

1181 N Hillcrest Rd, Beverly Hills, CA

This home is located at 1181 N Hillcrest Rd, Beverly Hills, CA 90210 since 10 September 2014 and is currently estimated at $8,873,000, approximately $397 per square foot. This property was built in 2014. 1181 N Hillcrest Rd is a home located in Los Angeles County with nearby schools including Hawthorne Elementary School, Beverly Hills High School, and West Hollywood College Prep School.

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