NOT LISTED FOR SALE

1201 Tower Grove Dr Beverly Hills, CA 90210

Beverly Crest Neighborhood

Estimated Value: $5,500,000 - $38,161,240

7 Beds
11 Baths
16,439 Sq Ft
$1,328/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $38,000,000 $2,312 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $157,818/month

23 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Home Theater
  • Warner Avenue Elementary Rated A
  • Tennis Courts
  • Pool House

About This Home

As of March 2023

Sold Before processing

Last Agent to Sell the Property

Linda May

Carolwood Estates License #00475038 Listed on: 03/06/2023

Carolwood Estates

Co-Listed By

Joseph Cilic

Sotheby's International Realty License #01421044

Sotheby's International Realty

Last Buyer's Agent

Joseph Cilic

Sotheby's International Realty License #01421044

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466,431

Year Built

  • Built in 1930

Lot Details

  • 3.01 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • City Lights

Home Design

  • English Architecture

Interior Spaces

  • 16,439 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Library with Fireplace
  • Recreation Room
  • Conservatory Room
  • Utility Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Studio bedroom
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 20 Car Garage
  • Converted Garage
  • Driveway

Pool

  • Pool House
  • Cabana
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Gazebo
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4356-026-023

Community Details

Overview

  • No Home Owners Association

Amenities

  • Billiard Room
  • Service Entrance

Home Details

Home Type

Single Family

Est. Annual Taxes

$466,431

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country English
  • Street Number Display: Yes
  • Living Area: 16439
  • Lot Acreage: 3.0100
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Library, Exterior, Guest House, Den
  • Flooring: Carpet, Wood
  • Bedrooms: 7
  • Full Bathroom: 9
  • Half Bathroom: 2
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 11.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Garbage Disposal, Washer, Range/Oven, Refrigerator
  • Price Per S Q F T: 2311.58

Exterior Features

  • Other Structures: Accessory Bldgs, Pool House, GuestHouse, Other, Gazebo
  • Tennis Court: North/South, Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City Lights, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 20

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4356-026-023
  • Lot Size Area: 131116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 27, 2023
Sold by
Karsh Living Trust
Bought by
1201 Tgd Trust
Seller's Agent
Linda May
Carolwood Estates
Buyer's Agent
Joseph Cilic
Sotheby's International Realty
List Price
$38,000,000
Sold Price
$38,000,000
Current Estimated Value
$21,830,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,169,380
Avg. Annual Appreciation
-19.68%
Original Mortgage
$22,000,000
Outstanding Balance
$21,380,426
Interest Rate
6.32%
Mortgage Type
Seller Take Back
Estimated Equity
$1,027,808

Purchase Details

Closed on
Mar 17, 2015
Sold by
Karsh Bruce and Karsh Martha
Bought by
The Karsh Living Trust

Purchase Details

Closed on
Apr 25, 2000
Sold by
Rothschild Loren R and Rothschild Frances
Bought by
Karsh Bruce and Karsh Martha
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
1201 Tgd Trust $38,000,000 Commonwealth Land Title
The Karsh Living Trust -- First American Title
Karsh Bruce -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1201 Tgd Trust $22,000,000
Previous Owner Rothschild Loren R $2,500,000
Closed 1201 Tgd Trust $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $38,000,000 0.0% $2,312 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $38,000,000 -- $2,312 / 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 $466,431 $39,535,200 $30,171,600 $9,363,600
2024 $466,431 $38,760,000 $29,580,000 $9,180,000
2023 $231,733 $19,208,030 $14,773,095 $4,434,935
2022 $220,858 $18,831,403 $14,483,427 $4,347,976
2021 $218,278 $18,462,161 $14,199,439 $4,262,722
2019 $211,593 $17,914,566 $13,778,277 $4,136,289
2018 $210,838 $17,563,301 $13,508,115 $4,055,186
2016 $201,822 $16,881,298 $12,983,579 $3,897,719
2015 $198,823 $16,627,726 $12,788,554 $3,839,172
2014 $199,351 $16,302,012 $12,538,044 $3,763,968
Source: Public Records

Agents Affiliated with this Home

  • Linda May

    Seller's Agent in 2023

    Linda May

    Carolwood Estates

    (310) 777-6247

    5 in this area

    51 Total Sales

    Linda May
    Section Image
  • Joseph Cilic

    Seller Co-Listing Agent in 2023

    Joseph Cilic

    Sotheby's International Realty

    (310) 925-1402

    1 in this area

    85 Total Sales

    Joseph Cilic
    Section Image
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Map

Source: The MLS

MLS Number: 23-261627

The MLS

APN: 4356-026-023

California Los Angeles County Beverly Hills 90210 Beverly Crest

1201 Tower Grove Dr, Beverly Hills, CA

This home is located at 1201 Tower Grove Dr, Beverly Hills, CA 90210 since 06 March 2023 and is currently estimated at $21,830,620, approximately $1,327 per square foot. This property was built in 1930. 1201 Tower Grove Dr is a home located in Los Angeles County with nearby schools including Warner Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and Good Shepherd Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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