$12,860,000
SOLD OCT 1, 2021

1200 Laurel Way Beverly Hills, CA 90210

0.54 Acre
$23,683,241 Price per Acre
23,653 Sq Ft Lot

Recently Sold

$2,741 Per Sq Ft

24% Below List Price

92 Days on Market

Highlights

  • Ocean View
  • Beverly Hills High School Rated A
  • 0.54 Acre Lot

About This Lot

As of October 2021

PLEASE TAKE NOTICE on Tuesday September 14, 2021, at 8:30 a.m. in Department O of the Los Angeles Superior Court located at 1725 Main Street Santa Monica, CA 90401, in the matter of Goldman Sachs Bank USA v. 1200 Laurel Way et al., Case No. 20SMCV01112, the Court-Appointed Receiver will request the Court to confirm sale of real property located at 1200 Laurel Way, Beverly Hills, CA 90210 and 1210 Laurel Way, Beverly Hills, CA 90210 (the "Properties"). The Properties are currently under contract for $26,800,000. QUALIFIED OVERBIDS ARE BEING ACCEPTED NOW THROUGH THE COURT HEARING. Qualified Overbids shall be all cash, no contingencies, must close escrow 10 days after Court approval, at least $250,000 more than the current sale price, subsequent overbids shall increase $100,000 over prior bids. A cashier's check deposit of 3% of the purchase price payable to "Ryan Baker, Receiver" is required and will become non-refundable. The sale is as-is, where-is with absolutely no representations or

Last Agent to Sell the Property

Jonathan Nash

Carolwood Estates License #01943888 Listed on: 01/11/2021

Carolwood Estates

Co-Listed By

Stephen Resnick

Carolwood Estates License #01241282

Last Buyer's Agent

Jonah Shenson

License #01963119

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $195,825

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 145x160
  • Property is zoned BHR1*

Property Views

  • Ocean
  • City Lights

Listing and Financial Details

  • Assessor Parcel Number 4348-002-033

Property Details

Property Type

Land

Est. Annual Taxes

$195,825

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5430
  • Lot Dimensions: 145x160
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights, Ocean, Tree Top
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4348-002-033
  • Geocode Override: No
  • Lot Size Area: 23643

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
$10,281,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,578,812
Avg. Annual Appreciation
-5.40%

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
1.53%
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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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 Type Sale Price Title Company
Quit Claim Deed $12,860,000 Orange Coast Title Company
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
Closed $13,500,000 Construction
Previous Owner $15,153,455 Construction
Previous Owner $5,000,000 Purchase Money Mortgage
Previous Owner $805,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $993,000 Unknown
Previous Owner $995,000 Unknown
Previous Owner $1,200,000 Unknown
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: 21-676204

The MLS

APN: 4348-002-033