NOT LISTED FOR SALE

261 S Reeves Dr Unit PH7 Beverly Hills, CA 90212

Estimated Value: $1,631,000 - $2,408,000

3 Beds
3 Baths
2,915 Sq Ft
0.55 Acres

Highlights

  • Fitness Center
  • 24-Hour Security
  • 0.55 Acre Lot
  • Beverly Vista Elementary School Rated A
  • City Lights View
  • Living Room with Fireplace

About This Home

As of June 2024

New price! Presenting an immaculate penthouse in one of the most beautiful buildings in Beverly Hills, just moments to parks, award-winning schools, fine restaurants, and the iconic shopping along Rodeo Drive. This two-story luxury residence features high ceilings, rich wood floors, and numerous fine finishes and appointments throughout. A spacious living room features a stately fireplace and vaulted ceilings, adjacent to multiple sitting areas including a lounge/breakfast room with tray ceiling and built-in glass-paned cabinets. French doors open to a trellis-covered patio, perfect for relaxing and dining al-fresco under California skies. The kitchen includes chef-grade Viking appliances including range with hood and pot filler, a skylight, ample counter space, an abundance of cabinetry, and walk-in pantry with wine storage. Nearby, a formal dining room has a built-in china cabinet and Juliet balcony bringing the outdoors in. A winding staircase leads to the private level where a voluminous primary suite awaits. There is an additional private balcony and en-suite bathroom with dual-sink vanity, marble floors, soaking tub, and separate glass-enclosed steam shower. A custom walk-in closet maximizes organization with built-in shelving and storage. Secondary bedrooms and bathrooms are also spacious and light-filled. Sought-after building amenities include concierge, gym, controlled access, and secured garage. Welcome to a fresh, coveted lifestyle amidst the very best the area provides and with all of the prime services of Beverly Hills. Some photos are virtually staged.

Last Agent to Rent the Property

Sally Forster Jones

Compass License #00558939 Listed on: 03/12/2024

Compass

Last Renter's Agent

Felix Pena

Hilton & Hyland License #01414250

Hilton & Hyland

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,139

Year Built

  • Built in 2007

Lot Details

  • 0.55

Home Design

  • Traditional Architecture
  • Split Level Home
  • Entry on the 4th floor

Interior Spaces

  • 2,915 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Side by Side Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $19,000
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4331-003-085

Community Details

Overview

  • 23 Units

Amenities

  • Sauna
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$24,139

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Security Deposit: 19000
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Floor: 4
  • Lease Terms: 1+Year
  • Living Area: 2915
  • Lot Acreage: 0.5470
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2007
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Carpet
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Washer, Dryer, Range/Oven, Refrigerator, Dishwasher
  • Price Per S Q F T: 3.09

Exterior Features

  • Pool: No
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean, Parking for Guests, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Security, Elevator, Sauna, Exercise Room
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4331-003-085
  • Lot Size Area: 23828

Multi Family

  • Number Of Units: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Milena Prunchunas Elba
Bought by
Elba Flores Trust
Current Estimated Value
$2,127,134

Purchase Details

Closed on
Feb 7, 2022
Sold by
Prunchunas Family Trust
Bought by
Prunchunas Elba Milena

Purchase Details

Closed on
Nov 18, 2009
Sold by
Pacific Northstar Reeves Llc
Bought by
Prunchunas Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Buyer Sale Price Title Company
Elba Flores Trust -- None Listed On Document
Prunchunas Elba Milena -- None Listed On Document
Prunchunas Edward M $1,575,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prunchunas Edward M $500,000
Previous Owner Prunchunas Edward M $417,000
Previous Owner Prunchunas Edward M $300,000
Previous Owner Prunchunas Edward M $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Rented $9,000 0.0% --
05/31/2024 05/31/24 Under Contract -- -- --
05/14/2024 05/14/24 Price Changed $9,000 -5.3% $3 / Sq Ft
03/12/2024 03/12/24 For Rent $9,500 +5.6% --
05/25/2023 05/25/23 Rented $9,000 0.0% --
05/18/2023 05/18/23 Under Contract -- -- --
04/01/2023 04/01/23 For Rent $9,000 -- --
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
2025 $24,139 $2,033,035 $1,282,169 $750,866
2024 $24,139 $1,993,173 $1,257,029 $736,144
2023 $23,707 $1,954,092 $1,232,382 $721,710
2022 $23,028 $1,915,777 $1,208,218 $707,559
2021 $22,349 $1,878,214 $1,184,528 $693,686
2019 $21,704 $1,822,508 $1,149,396 $673,112
2018 $20,893 $1,786,773 $1,126,859 $659,914
2016 $20,044 $1,717,392 $1,083,102 $634,290
2015 $19,188 $1,691,596 $1,066,833 $624,763
2014 $18,549 $1,658,461 $1,045,936 $612,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-366041

The MLS

APN: 4331-003-085