$8,950,000
SOLD SEP 25, 2015

1200 Laurel Way Beverly Hills, CA 90210

4 Beds
4.5 Baths
4,691 Sq Ft
0.54 Acres

Recently Sold

$1,908 Per Sq Ft

10% Below List Price

165 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • 23,661 Sq Ft lot
  • Beverly Hills High School Rated A
  • City Lights View
  • Maid or Guest Quarters

About This Home

As of October 2021

Great development opportunity - Located north of Sunset in the heart of prime Beverly Hills, this spectacular property has amazing views of Century City all the way to Downtown Los Angeles and sits on a large corner lot with circular driveway. Proposed renderings for spectacular major $40-50 million contemporary estate with Subterranean parking, floor to ceiling windows throughout and infinity pool. Current home is a very livable manicured traditional home and is in great condition. The possibilities are endless - this property can go either way for owner user or developer to maximize lot size!

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 03/23/2015

Douglas Elliman of California, Inc.

Co-Listed By

Joseph Babajian

Rodeo Realty License #00813384

Last Buyer's Agent

Amir Jawaherian

The Agency License #01899893

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $195,825

Year Built

  • Built in 1955

Lot Details

  • 0.54 Acre Lot
  • Property is zoned BHR1*

Parking

  • 2 Car Direct Access Garage
  • Circular Driveway

Property Views

  • City Lights
  • Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,691 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Double Door Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Loft
  • Utility Room
  • Alarm System

Kitchen

  • Breakfast Room
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Jack-and-Jill Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4348-002-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$195,825

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4691
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Living Room
  • Flooring: Hardwood, Marble, Mixed
  • Appliances: Built-Ins, Cooktop - Gas, Double Oven, Microwave, Oven-Gas, Range Hood
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: 2 Master Bedrooms, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Linen Closet, Powder Room, Shower and Tub, Sunken Tub, Tub With Jets, Under Vanity Lighting
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Room, Family Kitchen, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Granite Counters
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2121.08

Exterior Features

  • Other Features: Balcony, Double Door Entry, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Concrete Slab, Covered, Patio Open
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: City Lights, Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Circular Driveway, Direct Entrance, Garage - 2 Car, Garage Is Attached
  • Total Parking: 4

Utilities

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

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4348-002-033
  • Geocode Override: No
  • Lot Size Area: 23661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Sep 23, 2021
Sold by
Baker Ryan C
Bought by
Yd 1200 Laurel Way Llc
Seller's Agent
Jonathan Nash
Carolwood Estates
Buyer's Agent
Jonah Shenson
List Price
$16,900,000
Sold Price
$12,860,000
Premium/Discount to List
-$4,040,000
-23.91%
Current Estimated Value
$10,460,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,399,112
Avg. Annual Appreciation
-5.02%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Promontory 1200 Laurel Way Lp
Bought by
1200 Laurel Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,153,455
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 23, 2015
Closed on
Sep 3, 2015
Sold by
Golshan Roxanne and Dardashti Sharon
Bought by
Promontory 1200 Laurel Way Lp
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Amir Jawaherian
The Agency
List Price
$9,950,000
Sold Price
$8,950,000
Premium/Discount to List
-$1,000,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Original Mortgage
$5,000,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2011
Sold by
The Shalomi Family Trust
Bought by
Shalomi Regine

Purchase Details

Closed on
Jun 10, 2011
Sold by
Shalomi Regine and The Shalomi Family Trust
Bought by
Golshan Roxanne and Dardasnti Sharon

Purchase Details

Closed on
May 31, 2011
Sold by
The Shalomi Family Trust
Bought by
Shalomi Regine

Purchase Details

Closed on
Oct 20, 1998
Sold by
Shalomi Dawood N and Shalomi Regine Y
Bought by
Shalomi Dawood and Shalomi Regine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Shalomi Dawood N and Shalomi Regine Y
Bought by
Shalomi Dawood and Shalomi Regine

Purchase Details

Closed on
Aug 22, 1994
Sold by
Shalomi Dawood Nasrollahi
Bought by
Shalomi Dawood Nasrollahi and Shalomi Regine Y Moosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed $12,860,000 Orange Coast Title
Grant Deed -- Provident Title Company
Grant Deed $8,950,000 Chicago Title Company
Warranty Deed -- None Available
Grant Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,153,455 Construction
Previous Owner $5,000,000 Purchase Money Mortgage
Previous Owner $1,300,000 No Value Available
Previous Owner $765,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $12,860,000 -19.1% $2,741 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $15,900,000 -5.9% $3,389 / Sq Ft
01/11/2021 01/11/21 For Sale $16,900,000 +88.8% $3,603 / Sq Ft
09/25/2015 09/25/15 Sold $8,950,000 -10.1% $1,908 / Sq Ft
05/07/2015 05/07/15 For Sale $9,950,000 +11.2% $2,121 / Sq Ft
04/30/2015 04/30/15 Off Market $8,950,000 -- --
03/23/2015 03/23/15 Price Changed $9,950,000 +4.7% $2,121 / Sq Ft
03/23/2015 03/23/15 For Sale $9,500,000 -- $2,025 / 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 $195,825 $16,637,243 $13,647,134 $2,990,109
2024 $195,825 $16,311,024 $13,379,544 $2,931,480
2023 $192,258 $15,991,200 $13,117,200 $2,874,000
2022 $187,395 $12,860,000 $12,860,000 $0
2021 $135,871 $11,509,353 $11,509,353 $0
2020 $135,429 $11,391,339 $11,391,339 $0
2019 $112,520 $9,497,811 $7,598,249 $1,899,562
2018 $108,212 $9,311,580 $7,449,264 $1,862,316
2017 $105,652 $9,129,000 $7,303,200 $1,825,800
2016 $103,943 $8,950,000 $7,160,000 $1,790,000
2015 $13,514 $1,182,685 $795,335 $387,350
2014 $13,083 $1,159,519 $779,756 $379,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-889653

The MLS

APN: 4348-002-033