NOT LISTED FOR SALE

12945 Mulholland Dr Beverly Hills, CA 90210

Estimated Value: $8,513,000 - $13,465,821

5 Beds
8 Baths
9,500 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $14,700,000 $1,547 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $73,645/month

132 Days on Market

Highlights

  • Home Theater
  • Heated Infinity Pool
  • City Lights View
  • Ulysses S. Grant Senior High School Rated A-
  • New Construction
  • 0.89 Acre Lot

About This Home

As of July 2023

Reaching new feats of organic architecture this stunning masterpiece is a one-of-a-kind brand new modern construction of epic proportions, cleverly designed to be the perfect blend of sophistication and tropical harmonic ambiance, with exquisite sensitivity to nature. Situated on a private promontory in the exclusive celebrity enclave of Mulholland corridor, an extended sweeping driveway leads you to this ultra secure and gated estate overlooking the most spectacular views. With direct access to the outdoors from every room, this home offers a seamless indoor-outdoor living experience, making it the perfect retreat for those who appreciate the beauty of nature and the elegance of modern design. Complimenting modernist architecture, materials err on the side of organic yet richly layered warm textures and centers on a three-story open air atrium adorned with floor-to-ceiling glass, radiating natural light throughout. The home greets with a striking glass entry and large pivoting door graced with water features and wood clad symmetrical facade with a pair of stone clad walls which also organizes the interior spaces. Interiors are distinguished by an unpretentious design sensibility and serene evocations of space, with walnut hardwood floors, travertine surfaces, and pocketing glass doors. The foyer, which features a soaring ceiling enhanced by a bespoke floating wood staircase illuminated with LED lights, overlooks stunning views and transitions effortlessly to the gourmet kitchen, adjoining great room and main living areas where the lines are voluminous, and warm stones add a touch of the ethereal. The home has an extroverted relationship with the surrounding landscape, connecting the interior in every room to the outdoors. The layout is hyper-calibrated to a dream lifestyle with luxe amenities, boasting 5 en-suite bedrooms each with private terraces, 8 baths, expansive indoor-outdoor seamless connections, a spectacular infinity pool and spa cascading over explosive city and mountain views, fire pit, sky bridge connecting the two main level massive outdoor decks floating over the lush atrium/live garden wall waterfall. A sumptuous master retreat holds a fireplace, private patio, two huge walk-in closets and luxe bath with soaking tub. The entertainment level features a media room, swanky bar and lounge, gym/steam, office and additional 1,300 sq ft car gallery, ideal for any car enthusiast. This unparalleled luxurious oasis has a distinct flair and is truly one-of-a-kind. Using nature at its best to provide a man-made structure with a relaxed and tranquil atmosphere, the home provides the perfect dwelling in tune with the environment. Lush landscaping and gardens add to the estate's sense of seclusion, though it's only a quick drive from bustling Sunset Boulevard and downtown Beverly Hills.

Last Agent to Sell the Property

Tatiana Derovanessian

Keller Williams Beverly Hills License #01912761 Listed on: 01/24/2023

Keller Williams Beverly Hills

Last Buyer's Agent

Tatiana Derovanessian

Keller Williams Beverly Hills License #01912761 Listed on: 01/24/2023

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $170,775

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.89 Acre Lot
  • Gated Home
  • Property is zoned LARE15

Parking

  • 5 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Driveway
  • Automatic Gate
  • Guest Parking

Property Views

  • Skyline
  • Mountain
  • Pool

Home Design

  • Modern Architecture

Interior Spaces

  • 9,500 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Home Office
  • Library
  • Atrium Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Dishwasher

Flooring

  • Engineered Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Infinity Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2385-001-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$170,775

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 9500
  • Lot Acreage: 0.8918
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2022
  • Number Of Photos: 66
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Engineered Hardwood, Stone Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1683.68

Exterior Features

  • Other Structures: None
  • Pool Description: Heated And Filtered, Negative Edge/Infinity Pool
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: City, City Lights, Mountains, Pool, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 5
  • Parking Garage: Attached, Auto Driveway Gate, Direct Entrance, Driveway - Concrete, Electric Vehicle Charging Station(s), Garage - 4+ Car, Garage Is Attached, Parking for Guests - Onsite, Private Garage
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2385-001-009
  • Lot Size Area: 38847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Unknown
Bought by
12945 Mulholland Trust and Sahakian
Current Estimated Value
$10,989,411

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jun 29, 2023
Sold by
Bespoke Houses Ii Llc
Bought by
Sahakian Vicken
Seller's Agent
Tatiana Derovanessian
Keller Williams Beverly Hills
Buyer's Agent
Tatiana Derovanessian
Keller Williams Beverly Hills
List Price
$16,495,000
Sold Price
$14,700,000
Premium/Discount to List
-$1,795,000
-10.88%
Views
1878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.55%
Original Mortgage
$3,000,000
Interest Rate
6.57%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 7, 2015
Closed on
Nov 12, 2015
Sold by
Needham Simon and Soldinger Mark
Bought by
Bespoke Houses Ii Llc
Seller's Agent
Helen Ayazi
Pinnacle Estate Properties, Inc.
List Price
$2,975,000
Sold Price
$2,725,000
Premium/Discount to List
-$250,000
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.40%

Purchase Details

Listed on
Jul 7, 2015
Closed on
Oct 14, 2015
Sold by
Motavasselan Farhad and Motavasselan Gil C
Bought by
Needham Simon and Soldinger Mark
Seller's Agent
Helen Ayazi
Pinnacle Estate Properties, Inc.
List Price
$2,975,000
Sold Price
$2,725,000
Premium/Discount to List
-$250,000
-8.4%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Motavasselan Gil C
Bought by
Motavasselan Farhad and Motavasselan Gil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2005
Sold by
Motavasselan Farhad
Bought by
Motavasselan Gil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Motavasselan Farhad
Bought by
Motavasselan Gil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Motavasselan Gil C
Bought by
Motavasselan Farhad and Motavasselan Gil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2004
Sold by
Halfon William David
Bought by
Motavasselan Gil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2003
Sold by
Pasternak David J and Harmon Steven
Bought by
Halfon William David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Kelley William
Bought by
Abrams Herbert I and Dpf Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,488,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Abrams Herbert I and The Dpf Irrevocable Trust
Bought by
Harmon Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,488,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
12945 Mulholland Trust -- None Listed On Document
Sahakian Vicken $14,149,000 First American Title
Bespoke Houses Ii Llc -- Accommodation
Needham Simon -- Accommodation
Needham Simon $2,725,000 Title 365
Motavasselan Farhad -- Fidelity Van Nuys
Motavasselan Gil C -- Fidelity National Title
Motavasselan Gil C -- Fidelity National Title Co
Motavasselan Farhad -- --
Motavasselan Gil C $1,650,000 Equity Title Company
Motavasselan Gil C -- Equity Title Company
Halfon William David -- Chicago Title
Abrams Herbert I -- --
Harmon Steven -- California Title Company
Harmon Steven -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sahakian Vicken $3,000,000
Previous Owner Bespoke Houses Ii Llc $200,000
Previous Owner Bespoke Houses Ii Llc $1,000,000
Previous Owner Motavasselan Gil $100,000
Previous Owner Motavasselan Gil C $750,000
Previous Owner Motavasselan Gil C $1,500,000
Previous Owner Motavasselan Gil C $1,490,000
Previous Owner Motavasselan Gil C $100,000
Previous Owner Halfon William David $625,000
Previous Owner Harmon Steven $1,488,000
Previous Owner Kelley William $560,000
Closed Motavasselan Gil C $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $14,700,000 -8.1% $1,547 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $15,995,000 -3.0% $1,684 / Sq Ft
05/10/2023 05/10/23 For Sale $16,495,000 0.0% $1,736 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $16,495,000 +505.3% $1,736 / Sq Ft
10/20/2015 10/20/15 Sold $2,725,000 -8.4% $1,305 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $2,975,000 -- $1,425 / 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 $170,775 $14,431,980 $5,773,200 $8,658,780
2024 $170,775 $14,149,000 $5,660,000 $8,489,000
2023 $62,865 $5,205,039 $3,100,582 $2,104,457
2022 $59,932 $5,102,981 $3,039,787 $2,063,194
2021 $59,250 $5,002,924 $2,980,184 $2,022,740
2019 $34,343 $2,891,791 $2,891,791 $0
2018 $34,314 $2,835,090 $2,184,840 $650,250
2016 $32,813 $2,725,000 $2,100,000 $625,000
2015 $19,526 $1,610,000 $975,800 $634,200
2014 $19,982 $1,610,000 $975,800 $634,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-231065

The MLS

APN: 2385-001-009