NOT LISTED FOR SALE

Estimated Value: $9,256,000 - $36,240,192

11 Beds
18 Baths
20,000 Sq Ft
$1,137/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $24,500,000 $1,225 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $152,971/month

11 Days on Market

Highlights

  • Attached Guest House
  • Tennis Courts
  • Home Theater
  • Warner Avenue Elementary Rated A
  • 24-Hour Security
  • Heated Lap Pool

About This Home

As of February 2022

A brilliant, modern achievement situated behind the ultra exclusive gates of Beverly Park North. A flawless contemporary by Richard Landry commissioned by mathematician and entrepreneur Norman Zada, this 20,000 SF compound on an exceptional 6.78-acre lot features a secure compound with an approximately 6,100 SF multi-level guest residence and entertainment pavilion connected to the main house by a futuristic steel-columned bridge. The grounds include a lap pool and pool house, large pool gazebo, separate plunge pool, paddle tennis court, security pavilion, cascading waterfalls and so much more.

Last Agent to Sell the Property

Sam Real

Engel & Völkers Beverly Hills License #01899808 Listed on: 01/06/2022

Co-Listed By

Justin Fierro

The Beverly Hills Estates License #01959061

Last Buyer's Agent

Gigi Gharai

Coldwell Banker Realty License #01983266

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $308,677

Year Built

  • Built in 2000

Lot Details

  • 6.79 Acre Lot
  • Property is zoned LARE40

HOA Fees

  • $3,300 Monthly HOA Fees

Property Views

  • City Lights
  • Canyon
  • Mountain

Interior Spaces

  • 20,000 Sq Ft Home
  • Elevator
  • Built-In Features
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Center Hall

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 18 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • Private Parking
  • Guest Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Open Patio
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Zoned Heating and Cooling
  • Phone System

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4386-013-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$308,677

Year Built

Built in 2000

Lot Details

0

HOA Fees

$3,300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: A brilliant, modern achievement situated behind the ultra exclusive gates of Beverly Park North. A flawless contemporary by Richard Landry commissioned by mathematician and entrepreneur Norman Zada, this 20,000 SF compound on an exceptional 6.78-acre lot features a secure compound with an approximately 6,100 SF multi-level guest residence and entertainment pavilion connected to the main house by a futuristic steel-columned bridge. The grounds include a lap pool and pool house, large pool gazebo, separate plunge pool, paddle tennis court, security pavilion, cascading waterfalls and so much more.
  • Living Area: 20000
  • Lot Acreage: 6.7882
  • Year Built: 2000
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Fire Pit, Gas, Living Room
  • Flooring: Stone, Stone Tile, Tile, Wood
  • Bedrooms: 11
  • Full Bathroom: 18
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 18.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Intercom, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1400.00

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Guest House: Attached
  • Pool Description: Heated And Filtered, Lap Pool, Private
  • Pool: Yes
  • Spa: In Ground, Private, Heated
  • Spa Yn: Yes
  • View: Canyon, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Attached, Parking for Guests - Onsite, Private

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 3300.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4386-013-021
  • Lot Size Area: 295696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
72 Bp Property Llc
Bought by
Shore Drive Holdings Llc
Current Estimated Value
$22,748,096

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
Outstanding Balance
$2,973,592
Interest Rate
6.2%
Estimated Equity
$19,774,504

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 19, 2022
Sold by
Kam-Beverly Llc
Bought by
72 Bp Property Llc
Seller's Agent
Sam Real
Engel & Völkers Beverly Hills
Buyer's Agent
Gigi Gharai
Coldwell Banker Realty
List Price
$28,000,000
Sold Price
$24,500,000
Premium/Discount to List
-$3,500,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.10%
Original Mortgage
$2,299,118
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2009
Sold by
Perfect 10 Inc
Bought by
Kam Beverly Llc

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
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1997
Sold by
Tsai Meng Cheng
Bought by
Perfect 10 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,112,500
Interest Rate
9.37%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Shore Drive Holdings Llc $35,000,000 Equity Title - Los Angeles
72 Bp Property Llc $24,500,000 First American Title Company O
Kam Beverly Llc $16,500,165 Fatcola-Resale
Perfect 10 Inc $3,250,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shore Drive Holdings Llc $3,000,000
Open Shore Drive Holdings Llc $12,500,000
Previous Owner Kam-Beverly Llc $2,299,118
Previous Owner Kam-Beverly Llc $107,847
Previous Owner Kam-Beverly Llc $18,254,932
Previous Owner Kam Beverly Llc $10,000,000
Previous Owner Kam Beverly Llc $10,000,000
Previous Owner Perfect 10 Inc $10,000,000
Previous Owner Perfect 10 Inc $6,500,000
Previous Owner Perfect 10 Inc $8,000,000
Previous Owner Perfect 10 Inc $5,250,000
Previous Owner Perfect 10 Inc $2,112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $24,500,000 -12.5% $1,225 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $28,000,000 0.0% $1,400 / Sq Ft
04/03/2014 04/03/14 Rented $100,000 -42.9% --
04/03/2014 04/03/14 Under Contract -- -- --
07/22/2013 07/22/13 For Rent $175,000 +105.9% --
04/03/2012 04/03/12 Rented $85,000 -32.0% --
04/03/2012 04/03/12 Under Contract -- -- --
02/10/2012 02/10/12 For Rent $125,000 -- --
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 $308,677 $35,000,000 $27,000,000 $8,000,000
2024 $308,677 $25,489,800 $20,808,000 $4,681,800
2023 $302,617 $24,990,000 $20,400,000 $4,590,000
2022 $235,075 $19,920,169 $13,883,756 $6,036,413
2021 $232,296 $19,529,578 $13,611,526 $5,918,052
2019 $225,219 $18,950,321 $13,207,801 $5,742,520
2018 $223,649 $18,578,747 $12,948,825 $5,629,922
2016 $213,969 $17,857,313 $12,446,007 $5,411,306
2015 $210,797 $17,589,081 $12,259,057 $5,330,024
2014 $211,355 $17,244,536 $12,018,919 $5,225,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-115955

The MLS

APN: 4386-013-021