$2,000,000
SOLD DEC 6, 2024

132 N La Peer Dr Beverly Hills, CA 90211

4 Beds
4 Baths
3,576 Sq Ft
5,767 Sq Ft Lot

Recently Sold

$559 Per Sq Ft

21% Below List Price

109 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • 1-Story Property
  • Horace Mann Elementary School Rated A
  • West Facing Home

About This Home

As of December 2024

We are proudly offering this 4-unit building in the heart of Beverly Hills. This beautiful Mediterranean boasts white stucco, clay tiles, and an arched entrance. This beautiful 1924 Mediterranean building is nestled in a quiet residential street lined with mature trees which provide plenty of natural shade and character. This opportunity features 4 one-bedroom/one-bathroom units in the heart of Beverly Hills. This prime location offers plenty of recreational and entertainment and fine dining opportunities.

Last Agent to Sell the Property

Hugh Martinez

Hugh Martinez License #01915270 Listed on: 08/05/2024

Last Buyer's Agent

Hugh Martinez

Hugh Martinez License #01915270 Listed on: 08/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,601

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 5,767 Sq Ft Lot
  • West Facing Home
  • Property is zoned BHR4YY

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 3,576 Sq Ft Home
  • 1-Story Property
  • City Views
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Central Water Heater

Community Details

Listing and Financial Details

  • Assessor Parcel Number 4335-029-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,601

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Building Permit: Yes
  • Entry Floor: 1
  • Living Area: 3576
  • Lot Acreage: 0.1324
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 769.02

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • View: City
  • View: Yes

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Sewer: In Connected and Paid
  • Water: Public, Water District

Schools

  • School District: Beverly Hills Unified School District

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 30.77
  • Assessed Improvement Value: 482909
  • Assessed Land Percent: 69.23
  • Assessed Land Value: 1086549
  • Total Assessed Value: 1569458
  • Assessor Parcel Number: 4335-029-078
  • Lot Size Area: 5767

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 22.60
  • Number Of Units: 4
  • Total Annual Expense: 48006
  • Type Of Units: Attached
  • Vacancy Rate: 0

MLS Schools

  • School District: Beverly Hills Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Nov 27, 2024
Sold by
Marmar Lapeer Llc
Bought by
132 N La Peer Llc
Seller's Agent
Hugh Martinez
Hugh Martinez
Buyer's Agent
Hugh Martinez
Hugh Martinez
List Price
$2,537,460
Sold Price
$2,000,000
Premium/Discount to List
-$537,460
-21.18%
Views
142
Current Estimated Value
$2,151,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,107
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Lenmar Lapeer Llc
Bought by
Marmar Lapeer Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
Vonhofe Harold and The Von Hofe Family Trust
Bought by
Lenmar Lapeer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,094,250
Interest Rate
5.8%
Mortgage Type
Negative Amortization
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 Type Sale Price Title Company
Grant Deed $995,000 Provident Title Company
Grant Deed $995,000 Provident Title Company
Grant Deed -- Fidelity Van Nuys
Grant Deed -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,094,250 Negative Amortization
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $2,000,000 -27.3% $559 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/16/2024 11/16/24 Price Changed $2,750,000 +1.9% $769 / Sq Ft
11/04/2024 11/04/24 Price Changed $2,700,000 -5.3% $755 / Sq Ft
09/16/2024 09/16/24 Price Changed $2,850,000 +900.0% $797 / Sq Ft
09/16/2024 09/16/24 Price Changed $285,000 -90.8% $80 / Sq Ft
08/07/2024 08/07/24 Price Changed $3,100,000 +19.2% $867 / Sq Ft
08/05/2024 08/05/24 Price Changed $2,600,000 +2.5% $727 / Sq Ft
08/05/2024 08/05/24 For Sale $2,537,460 -- $710 / 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 $19,601 $2,000,000 $1,900,000 $100,000
2024 $19,601 $1,600,846 $1,108,279 $492,567
2023 $19,254 $1,569,458 $1,086,549 $482,909
2022 $18,708 $1,538,686 $1,065,245 $473,441
2021 $18,152 $1,508,516 $1,044,358 $464,158
2019 $17,633 $1,463,775 $1,013,383 $450,392
2018 $16,905 $1,435,074 $993,513 $441,561
2016 $16,204 $1,379,350 $954,935 $424,415
2015 $15,517 $1,358,631 $940,591 $418,040
2014 $15,026 $1,332,019 $922,167 $409,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-410011

The MLS

APN: 4335-029-078