NOT LISTED FOR SALE

525 Arkell Dr Beverly Hills, CA 90210

Estimated Value: $8,762,000 - $11,567,337

7 Beds
8 Baths
7,206 Sq Ft
$1,386/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2021

Last sale price $10,500,000 $1,457 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $64,498 / mo

427 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Fireplace in Primary Bedroom
  • Hawthorne Elementary School Rated A
  • 24,197 Sq Ft lot
  • Contemporary Architecture

About This Home

As of February 2021

A rare offering -- One of the few residences in Trousdale Estates with two levels above ground. Including over 7200 square feet of space and a half acre of land, this home has incredible potential for a developer or owner/user, with a pool/spa, grassy yard and views of the city lights an ocean. The current contemporary floor-plan features a guest suite, a chef's kitchen featuring two oversized islands, and master bedroom suite with dual bathrooms, walk-in closets, office/library, walls-of-glass and an expansive deck. Priced to sell.

Last Agent to Sell the Property

Jay Harris

Douglas Elliman License #01913294 Listed on: 09/18/2019

Douglas Elliman

Last Buyer's Agent

Jonathan Perez

License #02021649

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 24,197 Sq Ft Lot
  • Property is zoned BHR1*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,206 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • City Lights Views
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 8 Full Bathrooms

Parking

  • Direct Access Garage
  • Side by Side Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4391-012-013

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.56 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 7206
  • Stories: 1
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 1221.20

Exterior Features

  • Other Structures: None
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Garage, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4391-012-013
  • Geocode Override: No
  • Lot Size Area: 24197

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Findley Keri
Bought by
525 Arkell Re Holdco Llc
Current Estimated Value
$9,985,112

Purchase Details

Closed on
Jan 27, 2023
Sold by
Imperial Processing
Bought by
Hacopian Design Development Group Llc

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 27, 2021
Sold by
Findley Keri
Bought by
Hacopian Design & Development Group Llc
Seller's Agent
Jay Harris
Douglas Elliman
Buyer's Agent
Jonathan Perez
List Price
$8,800,000
Sold Price
$10,500,000
Premium/Discount to List
$1,700,000
19.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.95%
Original Mortgage
$5,300,000
Interest Rate
2.67%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 2020
Sold by
Findley Peter
Bought by
Keri-Findley

Purchase Details

Closed on
Oct 14, 2016
Sold by
Findley Peter and Findley Keri
Bought by
Findley Peter and Findley Keri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2014
Sold by
Lanzman David and Lanzman David Familytrust
Bought by
Findley Peter and Anisgarten Keri

Purchase Details

Closed on
Jul 6, 2007
Sold by
Lanzman David J
Bought by
Lanzman David and David Lanzman Family Trust

Purchase Details

Closed on
May 10, 2006
Sold by
Lanzman Desirae
Bought by
Lanzman David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,550,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 28, 2005
Sold by
Lanzman Desirae N
Bought by
Lanzman David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.74%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 11, 2003
Sold by
Khorshidi Fereydoon
Bought by
Lanzman David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Khorshidi Fereydoon and Khorshidi Soraya
Bought by
Khorshidi Fereydoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.06%

Purchase Details

Closed on
Nov 18, 1996
Sold by
Fox Ray and Henry & Sedge Plitt Living Tru
Bought by
Khorshidi Fereydoon and Khorshidi Soraya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
525 Arkell Re Holdco Llc -- None Listed On Document
Hacopian Design Development Group Llc $10,900,000 None Listed On Document
Hacopian Design & Development Group Llc $10,500,000 First Amer Ttl Co Glendale
Keri-Findley -- None Listed On Document
Findley Peter -- Chicago Title Company
Findley Peter $6,375,000 Ticor Title Company Of Ca
Lanzman David -- Accommodation
Lanzman David J -- Alliance Title Company
Lanzman David J -- Alliance Title Company
Lanzman David J $1,995,000 Southland Title Company
Khorshidi Fereydoon -- Southland Title
Khorshidi Fereydoon $950,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hacopian Design & Development Group Llc $5,300,000
Previous Owner Findley Peter $4,250,000
Previous Owner Lanzman David J $4,550,000
Previous Owner Lanzman David J $1,000,000
Previous Owner Lanzman David J $1,596,000
Previous Owner Khorshidi Fereydoon $399,000
Previous Owner Khorshidi Fereydoon $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $10,500,000 +19.3% $1,457 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $8,800,000 -16.2% $1,221 / Sq Ft
09/14/2020 09/14/20 Off Market $10,500,000 -- --
06/15/2020 06/15/20 Rented $20,900 0.0% --
03/18/2020 03/18/20 For Sale $8,800,000 -16.2% $1,221 / Sq Ft
03/15/2020 03/15/20 Off Market $10,500,000 -- --
09/18/2019 09/18/19 For Sale $8,800,000 0.0% $1,221 / Sq Ft
07/15/2019 07/15/19 For Rent $21,900 0.0% --
06/27/2019 06/27/19 Off Market $21,900 -- --
03/15/2019 03/15/19 Price Changed $21,900 -12.0% $3 / Sq Ft
01/04/2019 01/04/19 Price Changed $24,900 -9.5% $3 / Sq Ft
01/04/2019 01/04/19 For Rent $27,500 0.0% --
12/27/2018 12/27/18 Off Market $27,500 -- --
10/31/2018 10/31/18 Price Changed $27,500 -6.8% $4 / Sq Ft
03/12/2018 03/12/18 Price Changed $29,500 -15.7% $4 / Sq Ft
01/08/2018 01/08/18 For Rent $35,000 +89.2% --
10/25/2017 10/25/17 Rented $18,500 -7.5% --
08/24/2017 08/24/17 Price Changed $19,999 -20.0% $3 / Sq Ft
06/28/2017 06/28/17 Price Changed $25,000 -10.7% $3 / Sq Ft
06/12/2017 06/12/17 For Rent $27,995 +51.3% --
04/05/2016 04/05/16 Rented $18,500 -7.0% --
03/17/2016 03/17/16 For Rent $19,900 -- --
Source: The MLS

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 $138,713 $11,730,000 $8,670,000 $3,060,000
2024 $138,713 $11,500,000 $8,500,000 $3,000,000
2023 $131,993 $10,924,199 $7,914,322 $3,009,877
2022 $128,206 $10,710,000 $7,759,140 $2,950,860
2021 $85,846 $7,219,849 $5,775,790 $1,444,059
2020 $85,561 $7,145,819 $5,716,567 $1,429,252
2019 $83,374 $7,005,706 $5,604,478 $1,401,228
2018 $80,081 $6,868,340 $5,494,587 $1,373,753
2016 $76,876 $6,601,635 $5,281,226 $1,320,409
2015 $79,962 $6,502,474 $5,201,898 $1,300,576
2014 $34,781 $3,105,028 $1,885,650 $1,219,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-511926

The MLS

APN: 4391-012-013

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