$730,000
SOLD JUN 6, 2024
0.58 Acre
$1,254,942 Price per Acre
25,339 Sq Ft Lot

Recently Sold

17% Below List Price

345 Days on Market

About This Lot

As of June 2024

Incredible opportunity to develop for resale or build your dream home on this stunning 0.58 Acre lot in a highly desirable Beverly Hills location. Next door lot at 2534 Benedict Canyon Drive is available too. This can be a rare double lot project with over 55,000 SF combined. Two separate APNs allow for either two homes or one large estate if purchased together. The property located in the heart of Beverly Hills within minutes from Rodeo Drive and the Beverly Hills Hotel.

Last Agent to Sell the Property

Vlad Okel

Capital Group Realty, Inc. License #01865323 Listed on: 05/01/2023

Last Buyer's Agent

Vlad Okel

Capital Group Realty, Inc. License #01865323 Listed on: 05/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,080

Lot Details

  • 0.58 Acre Lot
  • Property is zoned LARE20

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 4382-008-014

Property Details

Property Type

Land

Est. Annual Taxes

$9,080

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5817
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Tree Top
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4382-008-014
  • Lot Size Area: 25338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Mohammad Elikaee
Bought by
Redwood Summit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,000
Outstanding Balance
$1,008,141
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2023
Closed on
May 30, 2024
Sold by
2534 Benedict Canyon Dr Llc
Bought by
Elikaee Mohammad
Seller's Agent
Vlad Okel
Capital Group Realty, Inc.
Buyer's Agent
Vlad Okel
Capital Group Realty, Inc.
List Price
$875,000
Sold Price
$730,000
Premium/Discount to List
-$145,000
-16.57%
Views
32562

Purchase Details

Listed on
Feb 4, 2019
Closed on
May 8, 2020
Sold by
Precision Development Llc
Bought by
2534 Benedict Canyon Dr Llc
Seller's Agent
Brad Downs
Rodeo Realty
Buyer's Agent
Brad Downs
Rodeo Realty
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%

Purchase Details

Closed on
Sep 20, 2005
Sold by
Moret Gerald S and Moret Gloria
Bought by
Precision Development Llc

Purchase Details

Closed on
Aug 8, 2003
Sold by
Halfon William David
Bought by
Moret Gerald S and Moret Gloria
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
Grant Deed -- None Listed On Document
Grant Deed $730,000 Chicago Title Company
Deed -- Chicago Title Company
Grant Deed $700,000 Chicago Title
Grant Deed -- Provident Title Company
Warranty Deed -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,009,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $730,000 -8.2% --
04/10/2024 04/10/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $795,000 -2.5% --
07/03/2023 07/03/23 Price Changed $815,000 -6.9% --
05/01/2023 05/01/23 For Sale $875,000 +25.0% --
05/26/2020 05/26/20 Sold $700,000 -11.9% --
05/05/2020 05/05/20 Pending -- -- --
02/04/2019 02/04/19 For Sale $795,000 -- --
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
2024 $9,080 $750,540 $750,540 --
2023 $8,905 $735,824 $735,824 $0
2022 $8,488 $721,397 $721,397 $0
2021 $8,389 $707,252 $707,252 $0
2020 $9,449 $780,976 $780,976 $0
2019 $9,068 $765,663 $765,663 $0
2018 $9,061 $750,650 $750,650 $0
2017 $8,863 $735,932 $735,932 $0
2016 $8,682 $721,502 $721,502 $0
2015 $8,554 $710,665 $710,665 $0
2014 $8,587 $696,745 $696,745 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-265801

The MLS

APN: 4382-008-014