NOT LISTED FOR SALE

702 N Alta Dr Beverly Hills, CA 90210

Estimated Value: $9,764,000 - $18,499,631

3 Beds
5 Baths
5,216 Sq Ft
$2,709/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2017

Last sale price $12,500,000 $2,396 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $88,694 / mo

498 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • 24-Hour Security
  • Hawthorne Elementary School Rated A
  • Wine Cellar
  • Projection Room

About This Home

As of February 2017

This Dynamic Modern Estate is one of the last single-family homes designed by famed architect Ricardo Legorreta. Situated on a large over 22,000 sq.ft. corner lot in the prime Beverly Hills Flats, this extraordinary home features Legorreta's signature vibrant colors, voluminous rooms, & clean lines with walls of glass throughout. Enter through the impressive front door to the dramatic foyer with soaring ceiling & reflection pool. Spacious open living room & dining area. State-of-the-art chef's kitchen with adjoining family room. The tremendous master suite is on the main level & features a private patio with spa & exceptional bath. The main level also offers a large office & the upper floor is complete with a gym & guest bedroom suite. Lower level theater, workshop, 1300 bottle wine cellar, & 4-car garage. The backyard offers a resort-style setting & great space for entertaining with outdoor covered living room w/fireplace & apx. 66 ft. long pool. Detached guest suite w/kitchenette.

Last Agent to Sell the Property

Jade Mills

Coldwell Banker Realty License #00526877 Listed on: 09/14/2015

Coldwell Banker Realty

Co-Listed By

Drew Fenton

Carolwood Estates License #01317962

Last Buyer's Agent

Steven Levine

Carolwood Estates License #00560269

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 22,093 Sq Ft Lot
  • Property is zoned BHR1*

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • 1 Fireplace
  • Wine Cellar
  • Living Room
  • Dining Area
  • Projection Room
  • Home Theater
  • Home Office
  • Library
  • Art Studio
  • City Lights Views
  • Alarm System

Kitchen

  • Breakfast Room
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 5 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Radiant Heating System
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4341-001-001

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0.51 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 2012
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Patio
  • Flooring: Cement, Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Composition
  • Spa: Bath Tub, Hot Tub, Private
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage, Private Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Radiant
  • Security: 24 Hour
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4341-001-001
  • Geocode Override: No
  • Lot Size Area: 22093

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Feb 8, 2017
Sold by
Ziman May Teodor
Bought by
Ziman Richard S and Rsz Trust
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Steven Levine
Carolwood Estates
List Price
$15,950,000
Sold Price
$12,500,000
Premium/Discount to List
-$3,450,000
-21.63%
Current Estimated Value
$14,131,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,631,816
Avg. Annual Appreciation
1.35%
Original Mortgage
$10,000,000
Outstanding Balance
$5,052,873
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$9,078,943

Purchase Details

Listed on
Sep 14, 2015
Closed on
Feb 3, 2017
Sold by
Coleman Lewis W
Bought by
Ziman Richard S and Rsz Trust
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Steven Levine
Carolwood Estates
List Price
$15,950,000
Sold Price
$12,500,000
Premium/Discount to List
-$3,450,000
-21.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$5,052,873
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$9,078,943

Purchase Details

Closed on
Oct 12, 2015
Sold by
Coleman Lewis W
Bought by
The Coleman Solbraekke Community Propert

Purchase Details

Closed on
May 22, 2007
Sold by
Reiss Sheldon and The Sheldon Reiss Separate Pro
Bought by
Coleman Lewis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,517,500
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2006
Sold by
Reiss Md Sheldon
Bought by
Reiss Sheldon and Sheldon Reiss Separate Property Revocabl

Purchase Details

Closed on
Jul 30, 1993
Sold by
Reiss Sheldon
Bought by
Reiss Sheldon

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
7.2%
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
Ziman Richard S -- Chicago Title Company
Ziman Richard S $12,500,000 Chicago Title Company
The Coleman Solbraekke Community Propert -- None Available
Coleman Lewis W $5,917,500 Fatcola
Reiss Sheldon -- None Available
Reiss Sheldon -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziman Richard S $10,000,000
Previous Owner Coleman Lewis W $3,517,500
Previous Owner Reiss Sheldon $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2017 02/15/17 Sold $12,500,000 -16.6% $2,396 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
02/08/2016 02/08/16 Price Changed $14,995,000 -6.0% $2,875 / Sq Ft
09/14/2015 09/14/15 For Sale $15,950,000 -- $3,058 / Sq Ft
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 $171,425 $14,507,318 $9,854,416 $4,652,902
2024 $171,425 $14,222,862 $9,661,193 $4,561,669
2023 $168,315 $13,943,983 $9,471,758 $4,472,225
2022 $163,481 $13,670,573 $9,286,038 $4,384,535
2021 $158,742 $13,402,523 $9,103,959 $4,298,564
2019 $153,927 $13,004,999 $8,833,932 $4,171,067
2018 $147,989 $12,750,000 $8,660,718 $4,089,282
2016 $76,353 $6,565,953 $5,252,764 $1,313,189
2015 $73,082 $6,467,327 $5,173,863 $1,293,464
2014 $70,616 $6,340,642 $5,072,515 $1,268,127
Source: Public Records

Agents Affiliated with this Home

  • Jade Mills

    Seller's Agent in 2017

    Jade Mills

    Coldwell Banker Realty

    (949) 723-4633

    24 in this area

    144 Total Sales

    Jade Mills
    Section Image
  • Drew Fenton

    Seller Co-Listing Agent in 2017

    Drew Fenton

    Carolwood Estates

    (310) 492-0701

    27 in this area

    84 Total Sales

    Drew Fenton
    Section Image

  • S

    Buyer's Agent in 2017

    Steven Levine

    Carolwood Estates

    Section Image
  • Jennifer Levine

    Buyer Co-Listing Agent in 2017

    Jennifer Levine

    The Beverly Hills Estates

    (310) 200-5366

    16 Total Sales

    Jennifer Levine
    Section Image
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Map

Source: The MLS

MLS Number: 15-941377

The MLS

APN: 4341-001-001

California Los Angeles County Beverly Hills 90210

702 N Alta Dr, Beverly Hills, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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