NOT LISTED FOR SALE

406 Robert Ln Beverly Hills, CA 90210

Estimated Value: $8,990,000 - $101,316,296

8 Beds
13 Baths
10,244 Sq Ft
$5,384/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $13,700,000 $1,337 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $388,966/month

13 Days on Market

Highlights

  • Tennis Courts
  • Heated In Ground Pool
  • 48,516 Sq Ft lot
  • Hawthorne Elementary School Rated A
  • City Lights View
  • Maid or Guest Quarters

About This Home

As of July 2014

A world-renowned address on one of the most prestigious streets in Beverly Hills' exclusive Trousdale Estates. Nestled on over an acre of land, the sprawling property features a classic motor court, swimming pool, tennis court, and a one-story home sitting at an extraordinary 11,000 square feet. A structure of such grand size could not be built in the area today, making it an exceptional home within the illustrious Trousdale community. With a stately floorplan and lofty ceilings designed to accentuate the home's scale, this truly magnificent Beverly Hills estate captures the essence of elegant California living.Purchase the property and invest approximately $5,000,000 to create this modern masterpiece as shown for immediate upside and equity and turn this estate into a $30,000,000 to $35,000,000 contemporary gem in one of Beverly Hills' most coveted neighborhoods.

Last Agent to Sell the Property

Branden Williams

The Beverly Hills Estates License #01774287 Listed on: 04/25/2014

The Beverly Hills Estates

Co-Listed By

Rayni Williams

The Beverly Hills Estates License #01496786

Last Buyer's Agent

Blair Chang

The Agency License #01248419

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $952,386

Year Built

  • Built in 1970

Lot Details

  • 1.11 Acre Lot
  • Gated Home
  • Property is zoned BHR1*

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Shake Roof

Interior Spaces

  • 10,244 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 5 Fireplaces
  • Dining Room
  • Den
  • Library with Fireplace
  • City Lights Views
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Maid or Guest Quarters
  • 13 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Additional Features

  • Tennis Courts
  • Fireplace in Guest House

Listing and Financial Details

  • Assessor Parcel Number 4391-034-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$952,386

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 10244
  • Stories: 1
  • Year Built: 1970
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Guest House, Kitchen, Library, Living Room
  • Flooring: Carpet, Stone Tile, Tile
  • Bedrooms: 8
  • Fireplaces: 5
  • Full Bathroom: 13
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 13.00
  • Den: 1
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1463.78

Exterior Features

  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Rock, Shake
  • Spa: Indoor, Private
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Owned
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4391-034-002
  • Geocode Override: No
  • Lot Size Area: 48516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Robert Lane Estates Llc
Bought by
4Bev Llc
Total Days on Market
13
Current Estimated Value
$55,153,148

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 12, 2014
Sold by
Kashanian Ziva
Bought by
Robert Lane Estates Llc
Seller's Agent
Branden Williams
The Beverly Hills Estates
Buyer's Agent
Blair Chang
The Agency
List Price
$14,995,000
Sold Price
$13,700,000
Premium/Discount to List
-$1,295,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$4,750,000
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2011
Sold by
Kashanian Daniel
Bought by
Kashanian Ziva and The Daniel Kashanian & Ziva Kashanian Ir

Purchase Details

Closed on
Apr 30, 2003
Sold by
Kashanian Ziva
Bought by
Kashanian Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,467,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2002
Sold by
Kashanian Daniel
Bought by
Kashanian Daniel and Kashanian Ziva

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
Interest Rate
5%

Purchase Details

Closed on
Sep 17, 2002
Sold by
Kashanian Ziva
Bought by
Kashanian Daniel

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
Interest Rate
5%

Purchase Details

Closed on
Jan 5, 1999
Sold by
Kashanian Daniel
Bought by
Kashanian Daniel and Kashanian Ziva

Purchase Details

Closed on
Oct 23, 1998
Sold by
Kashanian Ziva
Bought by
Kashanian Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.87%

Purchase Details

Closed on
May 9, 1994
Sold by
Weinberg William
Bought by
Kashanian Daniel and Kashanian Ziva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
8.1%

Purchase Details

Closed on
Apr 22, 1994
Sold by
Weinberg William
Bought by
Weinberg William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
8.1%

Purchase Details

Closed on
Oct 13, 1993
Sold by
Weinberg Doris
Bought by
Weinberg William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,679,884
Interest Rate
6.95%
Source: Public Records

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Range of Values:

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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
4Bev Llc $72,500,000 Fidelity National Title Co
Robert Lane Estates Llc $13,700,137 Provident Title Company
Kashanian Ziva -- None Available
Kashanian Ziva -- None Available
Kashanian Daniel -- Investors Title Company
Kashanian Daniel -- --
Kashanian Daniel -- Investors Title Company
Kashanian Daniel -- --
Kashanian Daniel -- North American Title Co
Kashanian Daniel $3,200,000 Pacific Title
Weinberg William -- --
Weinberg William -- --
Weinberg William -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robert Lane Estates Llc $26,500,000
Previous Owner Robert Lane Estates Llc $4,000,000
Previous Owner Robert Lane Estates Llc $20,000,000
Previous Owner Robert Lane Estates Llc $4,750,000
Previous Owner Robert Lane Estates Llc $4,750,000
Previous Owner Kashanian Noam $226,000
Previous Owner Kashanian Daniel $1,500,000
Previous Owner Kashanian Daniel $750,000
Previous Owner Kashanian Daniel $1,467,000
Previous Owner Kashanian Daniel $500,000
Previous Owner Kashanian Daniel $1,600,000
Previous Owner Kashanian Daniel $500,000
Previous Owner Kashanian Daniel $1,750,000
Previous Owner Kashanian Daniel $2,000,000
Previous Owner Kashanian Daniel $2,040,000
Previous Owner Weinberg William $20,679,884
Closed Kashanian Daniel $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $13,700,000 -8.6% $1,337 / Sq Ft
04/25/2014 04/25/14 For Sale $14,995,000 -- $1,464 / 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
2024 $952,386 $79,289,342 $55,502,541 $23,786,801
2023 $935,033 $77,734,650 $54,414,256 $23,320,394
2022 $907,794 $76,210,442 $53,347,310 $22,863,132
2021 $881,696 $74,716,121 $52,301,285 $22,414,836
2019 $185,499 $15,629,390 $10,773,914 $4,855,476
2018 $178,294 $15,322,932 $10,562,661 $4,760,271
2016 $171,207 $14,727,925 $10,152,500 $4,575,425
2015 $154,723 $13,700,000 $10,000,000 $3,700,000
2014 $45,717 $4,077,478 $2,121,899 $1,955,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-754529

The MLS

APN: 4391-034-002