NOT LISTED FOR SALE

261 S Palm Dr Beverly Hills, CA 90212

Beverly Hills Area

Estimated Value: $4,064,307

5 Beds
5 Baths
2,464 Sq Ft
$1,649/Sq Ft Est. Value

Highlights

  • Heated In Ground Pool
  • Maid or Guest Quarters
  • Bamboo Flooring
  • Beverly Vista Elementary School Rated A
  • Retreat
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2024

AVAILABLE FOR IMMEDIATE MOVE-IN. Beautiful, 2-story family home for lease. 4B / 4B in main house, an additional full bath and bedroom in the converted garage. Converted garage can be used as a pool house / guest room / office - the options are endless. Primary suite is on the first floor and feels like a private retreat. Upstairs bathrooms were recently renovated. This house has some great features - outdoor built-in BBQ, sky lights throughout, double French doors that open out to the backyard coupled with the roll away shade sail creates an outdoor living room, beautiful outdoor sculptures (optional). Great central location in Beverly Hills with restaurants & shops only a short walk away. This is a great family home - centrally located, walking distance to great elementary & middle schools, great entertainment potential. Landlord pays for pool & basic gardening. Tenant pays utilities and other basic maintenance. Call to show.

Last Agent to Rent the Property

Deena Wachtel

Deena Rose License #01748661 Listed on: 04/08/2024

Last Renter's Agent

David Babajooni

Beverly & Company Luxury Properties License #02129093

Beverly & Company Luxury Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,073 Sq Ft Lot
  • Lot Dimensions are 50x121
  • East Facing Home
  • Property is zoned BHR1YY

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Skylights in Kitchen
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Convection Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • Carport
  • Converted Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Security Deposit $20,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Rent includes gardener, pool
  • 24-Month Minimum Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 4331-017-016

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

6,073 Sq Ft Lot

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Length: 24
  • Not Included In Rent: utilities
  • Rent Excludes: Utilities - gas, water, electric.
  • Rent Includes: Gardener, Pool
  • Security Deposit: 20000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 24 Months
  • Living Area: 2464
  • Lot Acreage: 0.1394
  • Lot Dimensions: 50x121
  • Stories: 2
  • Water Filled Furn Ins Required: Yes
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Bamboo, Hardwood, Terrazzo
  • Appliances: Cooktop - Gas, Convection Oven, Double Oven, Built-In BBQ
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Retreat, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower and Tub, Shower Over Tub, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Kitchen Features: Granite Counters, Open to Family Room, Skylight(s)
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Freezer, Water Filter, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 4.87
  • Windows: Skylights, Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Other Features: French Doors, Slab
  • Pool Description: Heated, In Ground, Salt/Saline, Safety Fence
  • Pool: Yes
  • Spa: Bath Tub, Heated, In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Carport, Driveway, Driveway - Pavers
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Dual, Multi/Zone, Central
  • Heating: Central
  • Security: Prewired for alarm system, Carbon Monoxide Detector(s), Smoke Detector, Exterior Security Lights
  • Water: District

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4331-017-016
  • Lot Size Area: 6073

MLS Schools

  • School District: Beverly Hills Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2017
Sold by
Wachtel Michael Alan
Bought by
Current Estimated Value
$4,064,307

Purchase Details

Closed on
Dec 13, 2012
Sold by
Greer Lisa
Bought by
Wachtel Michael and Wachtel Deena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,058,986
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,005,321

Purchase Details

Closed on
Apr 5, 2010
Sold by
Greer Joshua
Bought by
Greer Joshua and Greer Lisa

Purchase Details

Closed on
Jun 11, 2007
Sold by
Lft Holdings Llc
Bought by
Greer Joshua L and Greer Lisa Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2006
Sold by
Levy Yaron
Bought by
Lft Holdings Llc

Purchase Details

Closed on
Sep 4, 1998
Sold by
Levy Yaron
Bought by
Levy Yaron and Levy Yael

Purchase Details

Closed on
Jan 17, 1997
Sold by
Peters Susan E
Bought by
Levy Yaron and Levy Yael
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beverly Hills, CA

  • Melissa Barlow Real Estate Agent - Elite Representation Real Estate

    Melissa Barlow

    Responds Quickly

    Elite Representation Real Estate

    (424) 704-9071

    44 Total Sales

    1 in Beverly Hills

    $1,300,000 Price

    Melissa Barlow
     Section Image
  • Donald Heller Real Estate Agent - Christie's International Real Estate SoCal

    Donald Heller

    Christie's International Real Estate SoCal

    (424) 238-6571

    110 Total Sales

    2 in Beverly Hills

    $1.2M - $1.7M Price Range

    Donald Heller
     Section Image
  • Jeeb O'Reilly Real Estate Agent - The Agency

    Jeeb O'Reilly

    The Agency

    (888) 568-5439

    34 Total Sales

    1 in Beverly Hills

    $2,400,000 Price

    Jeeb O'Reilly
     Section Image
  • Dennis Chernov Real Estate Agent - Equity Union

    Dennis Chernov

    Equity Union

    (626) 657-2705

    465 Total Sales

    2 in Beverly Hills

    $1.3M - $3.8M Price Range

    Dennis Chernov
     Section Image
  • Kevin Krakower Real Estate Agent - Douglas Elliman of California, Inc.

    Kevin Krakower

    Douglas Elliman of California, Inc.

    (562) 262-5147

    27 Total Sales

    1 in Beverly Hills

    $2,450,000 Price

    Kevin Krakower
     Section Image
  • Mark Yusupov Real Estate Agent - Keller Williams Beverly Hills

    Mark Yusupov

    Responds Quickly

    Keller Williams Beverly Hills

    (562) 222-5835

    26 Total Sales

    1 in Beverly Hills

    $1,898,000 Price

    Mark Yusupov
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Wachtel Michael $2,300,000 Lawyers Title
Greer Joshua -- None Available
Greer Joshua L $2,950,000 North American Title Co
Lft Holdings Llc -- None Available
Levy Yaron -- --
Levy Yaron $445,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $310,000
Open Wachtel Michael $1,600,000
Closed Wachtel Michael $230,000
Previous Owner Greer Joshua $350,000
Previous Owner Greer Joshua $1,460,000
Previous Owner Greer Joshua L $1,450,000
Previous Owner Greer Joshua L $500,000
Previous Owner Greer Joshua L $1,450,000
Previous Owner Levy Yaron $966,000
Previous Owner Levy Yaron $275,000
Previous Owner Levy Yaron $975,000
Previous Owner Levy Yaron $975,000
Previous Owner Levy Yaron $975,000
Previous Owner Levy Yaron $975,000
Previous Owner Levy Yaron $800,000
Previous Owner Levy Yaron $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Rented $11,000 -8.3% --
04/08/2024 04/08/24 For Rent $12,000 +11.6% --
02/05/2023 02/05/23 Rented $10,750 -8.5% --
01/30/2023 01/30/23 Under Contract -- -- --
12/10/2022 12/10/22 Price Changed $11,750 -9.3% $5 / Sq Ft
11/20/2022 11/20/22 For Rent $12,950 +7.9% --
09/03/2021 09/03/21 Rented $12,000 -4.0% --
08/28/2021 08/28/21 Price Changed $12,500 -10.7% $5 / Sq Ft
08/24/2021 08/24/21 For Rent $14,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $34,296 $2,888,918 $2,009,685 $879,233
2025 $34,296 $2,832,274 $1,970,280 $861,994
2024 $33,583 $2,776,741 $1,931,648 $845,093
2023 $32,979 $2,722,296 $1,893,773 $828,523
2022 $32,035 $2,668,919 $1,856,641 $812,278
2021 $31,102 $2,616,588 $1,820,237 $796,351
2019 $30,206 $2,538,981 $1,766,249 $772,732
2018 $29,018 $2,489,198 $1,731,617 $757,581
2016 $27,859 $2,392,541 $1,664,377 $728,164
2015 $26,667 $2,356,604 $1,639,377 $717,227
2014 $25,774 $2,310,442 $1,607,264 $703,178
Source: Public Records

Agents Affiliated with this Home

  • DW

    Landlord's Agent in 2024

    Deena Wachtel

    Deena Rose

    (310) 560-3300

    Deena Wachtel
    Section Image

  • DB

    Tenant's Agent in 2024

    David Babajooni

    Beverly & Company Luxury Properties

    (310) 266-9330

    30 Total Sales

    David Babajooni
    Section Image
  • Angie Yamini Real Estate Agent - Beverly & Company Luxury Properties

    Buyer's Agent in 2023

    Angie Yamini

    Beverly & Company Luxury Properties

    (310) 709-5799

    3 Total Sales

    Angie Yamini
    Section Image
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Map

Source: The MLS

MLS Number: 24-365195

The MLS

APN: 4331-017-016

California Los Angeles County Beverly Hills 90212

261 S Palm Dr, Beverly Hills, CA

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 © 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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