NOT LISTED FOR SALE

627 N Palm Dr Unit GH Beverly Hills, CA 90210

Estimated Value: $8,222,000 - $13,538,682

4 Beds
1 Bath
-- Sq Ft
0.41 Acres

Highlights

  • Detached Guest House
  • Wood Flooring
  • Furnished
  • Hawthorne Elementary School Rated A
  • Spanish Architecture
  • 1 Car Detached Garage

About This Home

As of August 2012

THIS STAND ALONE "CHARMING SPANISH GUESTHOUSE" PROVIDES A TRANQUIL AND PRIVATE SETTING. SURROUNDED BY LUSH GARDENS, AN OUTDOOR FOUNTAIN AND YOUR OWN PRIVATE PATIO. THIS PROPERTY IS PERFECT FOR A WRITER OR ARTIST. THIS IS ALSO A PERFECT SECOND RESIDENCE FOR THE BI~COASTAL TRAVELER. LOCATED IN PRIME "BEVERLY HILLS." THIS UNIT COMES WITH ONE GATED PARKING SPOT WHICH LEADS TO YOUR OWN PRIVATE ENTRANCE. THE UNIT HAS HARDWOOD FLOORS, ORIGINAL SPANISH TILES, AND AUTHENTIC ARCHED SPANISH WINDOWS WHICH ALLOWS AN UNBELIEVEABLE AFTERNOON BREEZE. THIS UNIT HAS SO MUCH CHARACTER IT IS A "MUST SEE!" PLEASE SHOW TO YOUR MOST DISCRIMINATING CLIENT, THEY WILL NOT BE DISAPPOINTED. NO NOTE: Not a full kitchen, only a hot plate, small fridge and sink. Not a full Bathroom...separate shower and toilet.

Last Agent to Rent the Property

Katharyn Bracci

PLG Estates License #01388043 Listed on: 07/11/2012

Last Renter's Agent

Katharyn Bracci

PLG Estates License #01388043 Listed on: 07/11/2012

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $204,721

Year Built

  • Built in 1929

Lot Details

  • 0.41

Home Design

  • Spanish Architecture

Interior Spaces

  • 1 Bathroom
  • 1-Story Property
  • Furnished
  • Wood Flooring

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Open Patio
  • Detached Guest House
  • Floor Furnace

Listing and Financial Details

  • Security Deposit $1,675
  • 12 Month Lease Term
  • Assessor Parcel Number 4341-014-018

Community Details

Overview

  • 3 Units

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$204,721

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 1675

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Palm Drive
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1929
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Detached, Door Opener
  • Total Parking: 1

Utilities

  • Heating: Floor Furnace

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4341-014-018
  • Lot Size Area: 17780

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2017
Sold by
Foxridge Investments Llc
Bought by
Litvack Frank and Curtis Shelley K
Current Estimated Value
$11,110,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,157,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 5, 2015
Sold by
Dale Grover
Bought by
Foxridge Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,180,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2000
Sold by
Dale Grover
Bought by
Dale Grover and Will Of Anita Morris Dale

Purchase Details

Closed on
Jan 6, 2000
Sold by
Dale Grover
Bought by
Dale Grover and Grover Dale 1995 Trust

Purchase Details

Closed on
Mar 30, 1994
Sold by
Rouse Harold
Bought by
Frantz Robert Alan and Goldman Nancy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.38%

Purchase Details

Closed on
Nov 1, 1993
Sold by
Cohen Joseph
Bought by
Dale Grover and Dale Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.91%
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
Litvack Frank $15,262,000 Chicago Title Company
Foxridge Investments Llc $7,400,000 Equity Title Company
Dale Grover -- --
Dale Grover -- --
Dale Grover -- --
Frantz Robert Alan $1,525,000 Equity Title Company
Dale Grover $1,380,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Litvack Frank $9,157,500
Previous Owner Foxridge Investments Llc $9,450,000
Previous Owner Foxridge Investments Llc $2,200,000
Previous Owner Foxridge Investments Llc $5,180,000
Previous Owner Foxridge Investments Llc $5,180,000
Previous Owner Frantz Robert Alan $925,000
Previous Owner Dale Grover $205,000
Closed Frantz Robert Alan $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2012 08/27/12 Rented $1,695 +1.2% --
08/27/2012 08/27/12 Under Contract -- -- --
07/11/2012 07/11/12 For Rent $1,675 -- --
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 $204,721 $17,365,548 $14,463,858 $2,901,690
2024 $204,721 $17,025,048 $14,180,253 $2,844,795
2023 $200,998 $16,691,224 $13,902,209 $2,789,015
2022 $195,217 $16,363,946 $13,629,617 $2,734,329
2021 $189,590 $16,043,085 $13,362,370 $2,680,715
2019 $184,110 $15,567,240 $12,966,036 $2,601,204
2018 $177,150 $15,262,000 $12,711,800 $2,550,200
2016 $86,001 $7,400,000 $5,920,000 $1,480,000
2015 $12,235 $1,061,123 $662,796 $398,327
2014 $11,846 $1,040,338 $649,813 $390,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-612047

The MLS

APN: 4341-014-018