NOT LISTED FOR SALE

121 S Palm Dr Unit 504 Beverly Hills, CA 90212

Estimated Value: $1,344,000 - $1,574,000

2 Beds
2.5 Baths
1,644 Sq Ft
$900/mo HOA Fee

Last Sold July 25, 2023

Last sale price $1,160,000 $706 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,880/month

73 Days on Market

Highlights

  • Views of Trees
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Beverly Vista Elementary School Rated A
  • Balcony
  • Built-In Features

About This Home

As of July 2023

DRASTIC REDUCTION,THE BEST-PRICED CONDO IN ONE ONE THE BEST LOCATIONS IN BEVERLY HILLS. BRIGHT AND SPACIOUS IN THE JUST SOUTH OF WILSHIRE. THE UNIT HAS BEEN RECENTLY PAINTED. THE UNIT BOASTS A LARGE OPEN-CONCEPT LIVING SPACE AND DINING AREA. MINUTES FROM THE WORLD-FAMOUS RODEO DRIVE SHOPS AND FINE-DINING RESTAURANTS. THIS IS A TRUST SALE, AND THE TRUSTEES NEVER LIVED IN THE UNIT. THE TRUSTEES WILL PAY THE SPECIAL ASSESSMENT FOR THE UNIT, FOR CHANGING THE AIR CONDITIONING SYSTEM. THIS PRICE IN THIS BUILDING WILL NOT LAT TOO LONG

Last Agent to Sell the Property

Afa Shafa

Compass License #00698396 Listed on: 04/19/2023

Compass

Last Buyer's Agent

Danny Mishevski

Keller Williams Realty License #02036175

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,971

Year Built

  • Built in 1974

Lot Details

  • 0.42

HOA Fees

  • $900 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,644 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Center Hall
  • Views of Trees

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room
  • Double Vanity
  • Bidet
  • Low Flow Toliet

Laundry

  • Laundry in Kitchen
  • Gas Dryer Hookup

Home Security

Parking

  • 2 Car Attached Garage
  • Controlled Entrance

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4331-018-141

Community Details

Overview

  • Association fees include building and grounds, maintenance paid
  • 24 Units
  • Lbpm Association
  • 5-Story Property

Amenities

  • Lobby
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,971

Year Built

Built in 1974

Lot Details

0

HOA Fees

$900 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: PALM SAVOY
  • Entry Floor: 5
  • Entry Location: Foyer
  • Living Area: 1644
  • Lot Acreage: 0.4180
  • Planned Urban Dev: 0
  • Property Condition: Repair Cosmetic
  • Stories: 5
  • Unit Floor In Building: 5
  • Year Built: 1974
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Double Vanity(s), Low Flow Toilet(s), Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: In Kitchen, In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Elevator, Garbage Disposal, Gas Or Electric Dryer Hookup, Gas Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 723.84

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Community Garage, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Card/Code Access, Smoke Detector

Association/Amenities

  • Amenities: Elevator, Controlled Access
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • Assessments: TRUSTEES WILL PAY
  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Maintenance Paid
  • High Rise: Entrance Lobby, Mid-Rise Building
  • HOA Fees: 900.00
  • Management Company: LBPM
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4331-018-141
  • Lot Size Area: 18210

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2013
Sold by
Haghnazarzadeh Yafa
Bought by
Haghnazarzadeh Yafa and Yafa Zadeh Trust
Current Estimated Value
$1,468,485

Purchase Details

Closed on
Jul 17, 2013
Sold by
Haghnazarzadeh Deborah
Bought by
Haghnazarzadeh Yafa

Purchase Details

Closed on
Jan 10, 2013
Sold by
Haghnazarzadeh Vafa and The Yafa Zadeh Trust
Bought by
Haghnazarzadeh Yafa and Haghnazarzadeh Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Haghnazarzadeh Yafa and The Yafa Zadeh Trust
Bought by
Haghnazarzadeh Deborah

Purchase Details

Closed on
Mar 14, 2005
Sold by
Haghnazarzadeh Yafa
Bought by
Haghnazarzadeh Yafa and The Yafa Zadeh Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
Haghnazarzadeh Yafa
Bought by
Haghnazarzadeh Yafa and The Yafa Zadeh Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.06%

Purchase Details

Closed on
May 30, 2002
Sold by
Haghnazarzadeh Yafa
Bought by
Haghnazarzadeh Yafa and Yafa Zadeh Trust

Purchase Details

Closed on
Jul 8, 1996
Sold by
Sanandaji Mayer
Bought by
Haghnazarzadeh Yafa

Purchase Details

Closed on
Mar 28, 1994
Sold by
Sanandaji Jila Lavi
Bought by
Sanandaji Mayer

Purchase Details

Closed on
Nov 4, 1993
Sold by
Haghnazarzadeh Yafa
Bought by
Haghnazarzadeh Yafa and Sanandaji Mayer
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
Haghnazarzadeh Yafa -- None Available
Haghnazarzadeh Yafa -- None Available
Haghnazarzadeh Yafa -- Pacific Coast Title Company
Haghnazarzadeh Deborah -- Pacific Coast Title
Haghnazarzadeh Yafa -- --
Haghnazarzadeh Yafa -- New Century Title Glendale
Haghnazarzadeh Yafa -- First American Title Ins Co
Hagnazarzadeh Yafa -- First American Title Ins Co
Haghnazarzadeh Yafa -- --
Haghnazarzadeh Yafa -- --
Sanandaji Mayer -- Southern California Title Co
Haghnazarzadeh Yafa -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haghnazarzadeh Yafa $385,000
Previous Owner Haghnazarzadeh Yafa $360,000
Previous Owner Hagnazarzadeh Yafa $333,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $1,160,000 -2.5% $706 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $1,190,000 0.0% $724 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $1,190,000 -11.5% $724 / Sq Ft
04/19/2023 04/19/23 For Sale $1,345,000 -- $818 / 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 $13,971 $1,183,200 $800,700 $382,500
2024 $13,971 $1,160,000 $785,000 $375,000
2023 $6,581 $542,711 $203,281 $339,430
2022 $6,393 $532,071 $199,296 $332,775
2021 $6,197 $521,639 $195,389 $326,250
2019 $6,016 $506,169 $189,595 $316,574
2018 $5,784 $496,245 $185,878 $310,367
2016 $5,536 $476,977 $178,661 $298,316
2015 $5,300 $469,814 $175,978 $293,836
2014 $5,132 $460,612 $172,531 $288,081
Source: Public Records

Agents Affiliated with this Home

  • Afa Shafa

    Seller's Agent in 2023

    Afa Shafa

    Compass

    (310) 272-8002

    2 in this area

    6 Total Sales

    Afa Shafa
    Section Image
  • Danny Mishevski

    Buyer's Agent in 2023

    Danny Mishevski

    Keller Williams Realty

    (310) 854-2319

    2 in this area

    26 Total Sales

    Danny Mishevski
    Section Image
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Map

Source: The MLS

MLS Number: 23-261891

The MLS

APN: 4331-018-141

California Los Angeles County Beverly Hills 90212

121 S Palm Dr Unit 504, Beverly Hills, CA

This home is located at 121 S Palm Dr Unit 504, Beverly Hills, CA 90212 since 19 April 2023 and is currently estimated at $1,468,485, approximately $893 per square foot. This property was built in 1974. 121 S Palm Dr Unit 504 is a home located in Los Angeles County with nearby schools including Beverly Vista Elementary School, Beverly Hills High School, and Harkham Hillel Hebrew Academy.

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