NOT LISTED FOR SALE

509 N Elm Dr Beverly Hills, CA 90210

Estimated Value: $7,192,000 - $8,776,243

4 Beds
5 Baths
3,369 Sq Ft
$2,473/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $4,926,000 $1,462 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $50,632/month

74 Days on Market

Highlights

  • Room in yard for a pool
  • A-Frame Home
  • No HOA
  • Hawthorne Elementary School Rated A
  • Living Room with Fireplace
  • Home Office

About This Home

As of October 2017

PRIME OPPORTUNITY IN COVETED BEVERLY HILLS FLATS. Aprx 12,000 sq. ft. lot, this is the perfect location to remodel or build your dream home! This property offers the potential to be build up to aprx 9,400 Sq Ft as a 3-level house with basement. Resale value is estimated at $12-15 Million depending to finishing. This is the epitome of California luxury real estate. Walking-distance to all the best restaurants and shopping centers in the world! Located North of Santa Monica Blvd, this is currently the best deal in the flats of Beverly Hills. The home features beautiful matured landscaping that leads to the formal entry which opens up to a large sized dining and living room. The formal living room greets you with a charming fire place and the kitchen boasts a wonderful breakfast area, huge family room with wet bar opening to grassy back yard, nice size office, maids room with full bath, 3 bedroom upstairs, plenty room to add to existing.

Last Agent to Sell the Property

Eliza Kerndian

Keller Williams Beverly Hills License #01398836 Listed on: 08/03/2017

Keller Williams Beverly Hills

Last Buyer's Agent

Shokoh Nasad

Keller Williams Beverly Hills License #01383848

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,488

Year Built

  • Built in 1928

Lot Details

  • 0.27 Acre Lot
  • Property is zoned BHR1*

Parking

  • Driveway

Home Design

  • A-Frame Home

Interior Spaces

  • 3,369 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Breakfast Area or Nook
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 5 Full Bathrooms

Pool

  • Room in yard for a pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4341-022-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,488

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: A-Frame
  • Street Number Display: Yes
  • Living Area: 3369
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 1736.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4341-022-023
  • Geocode Override: No
  • Lot Size Area: 11936

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Partovy Ramin
Bought by
Krp Design Llc
Current Estimated Value
$8,332,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,250,000
Outstanding Balance
$9,250,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$917,939

Purchase Details

Closed on
Feb 13, 2025
Sold by
First American Title Insurance Company
Bought by
Partovy Ramin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,310,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2018
Sold by
509 Elm Llc
Bought by
Westpoint Capital Group 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,373,200
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 27, 2017
Sold by
Moghadam Tal Baharl
Bought by
509 Elm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 20, 2017
Sold by
Eghbali Michael
Bought by
Moghadam Tal Bahari and Moghadam Paulina Miriam Ira Bahari
Seller's Agent
Eliza Kerndian
Keller Williams Beverly Hills
Buyer's Agent
Shokoh Nasad
Keller Williams Beverly Hills
List Price
$5,850,000
Sold Price
$4,926,000
Premium/Discount to List
-$924,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$2,925,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2017
Sold by
Haboosheh Maryam
Bought by
Eghbali Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,090,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2017
Sold by
Feldhorn Sanders J
Bought by
Eghbali Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,090,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1995
Sold by
Feldhorn Earl I
Bought by
Feldhorn Earl I and Feldhorn Marital Trust
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
Krp Design Llc -- Chicago Title Company
Partovy Ramin -- Chicago Title Company
Partovy Ramin $11,026,000 First American Title
Westpoint Capital Group 1 Llc $5,900,000 North American Title Co
509 Elm Llc $4,926,000 First American Title Company
Moghadam Tal Bahari $4,926,000 Chicago Title Company
Eghbali Michael -- Chicago Title Company
Eghbali Michael $5,150,000 Chicago Title Company
Feldhorn Earl I -- --
Feldhorn Earl I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krp Design Llc $9,250,000
Previous Owner Westpoint Capital Group 1 Llc $6,373,200
Previous Owner 509 Elm Llc $3,000,000
Previous Owner Moghadam Tal Bahari $2,925,000
Previous Owner Eghbali Michael $3,090,000
Previous Owner Eghbali Michael $3,090,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $4,926,000 0.0% $1,462 / Sq Ft
08/11/2017 08/11/17 Off Market $4,926,000 -- --
08/03/2017 08/03/17 For Sale $5,850,000 -- $1,736 / 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 $77,488 $6,581,560 $6,581,560 --
2024 $77,488 $6,452,510 $6,452,510 --
2023 $76,079 $6,325,991 $6,325,991 $0
2022 $73,890 $6,201,952 $6,201,952 $0
2021 $71,770 $6,080,346 $6,080,346 $0
2019 $10,141 $5,024,520 $4,019,616 $1,004,904
2018 $57,323 $4,926,000 $3,940,800 $985,200
2016 $4,051 $338,320 $242,301 $96,019
2015 $3,885 $333,239 $238,662 $94,577
2014 $3,774 $326,712 $233,987 $92,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-257522

The MLS

APN: 4341-022-023