$9,610,000 - $14,387,664
RENTED NOV 13, 2024

721 N Beverly Dr Beverly Hills, CA 90210

5 Beds
8 Baths
7,500 Sq Ft
$1,542 Price per Sq Ft

Last Sold October 27, 2016

Last sale price $9,350,000 $1,247 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $73,585/month

Highlights

  • Detached Guest House
  • Tennis Courts
  • Heated In Ground Pool
  • Beverly Hills High School Rated A
  • Home Theater
  • 2-minute walk to Will Rogers Memorial Park

About This Home

As of November 2024

Experience unparalleled luxury and convenience at this FULLY FURNISHED estate nestled in the esteemed Beverly Hills Estates Section. This haven offers FULL CONCIERGE SERVICE and FLEXIBLE LEASE TERMS, readily available to cater to your unique needs.Step inside this majestic sanctuary and find yourself immersed in the timeless elegance characteristic of Beverly Hills. Positioned in the prime flatlands of Beverly Hills, this estate unfolds over an expansive half-acre lot, promising both grandeur and privacy.Indulge in the exclusivity of having four expansive master suites on the upper level, each complemented with generous walk-in closets. The primary suite extends to a sprawling view terrace, where you can bask in the scenic overlook of a vibrant entertainment area encompassing an oversized pool and illuminated full size tennis court.Accommodate guests in style with a fully equipped guest house, boasting its own modern kitchen, a cozy fireplace, and an infusion of natural light through thoughtfully placed skylights.The property greets you with a manicured lawn that guides you to a circular driveway, accented by a sheltered portico, inviting you to indulge in a lifestyle marked by sophistication and comfort.For added convenience and flexibility, we are pleased to offer SHORT-TERM RENTAL OPTIONS along with competitive pricing. As a progressive addition, we are open to accepting CRYPTO as a FORM OF PAYMENT, facilitating a seamless and modern transaction experience.To explore this embodiment of luxury and class, we invite you to reach out for a personalized viewing. Available for long term rentals and/or short term rentals with flexible lease terms.

Last Agent to Rent the Property

Shay Gozlan

Living The Dream License #01903032 Listed on: 11/07/2024

Last Renter's Agent

Shay Gozlan

Living The Dream License #01903032 Listed on: 11/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $128,415

Year Built

  • Built in 1913

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 87x310
  • Property is zoned BHR1*

Home Design

  • Modern Architecture

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Pool Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 8 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Attached Carport
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool
  • Waterfall Pool Feature
  • Permits For Spa
  • Permits for Pool

Outdoor Features

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

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Water Conditioner
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $65,000
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4344-025-002

Community Details

Amenities

  • Service Entrance

Recreation

  • Tennis Courts
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$128,415

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 65000
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Lease Terms: 1+Year
  • Living Area: 7500
  • Lot Acreage: 0.6426
  • Lot Dimensions: 87x310
  • Stories: 2
  • Year Built: 1913
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Fire Pit, Gas, Living Room, Guest House, Patio
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Bedrooms: 5
  • Full Bathroom: 8
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Unit
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Dryer, Dishwasher, Barbeque, Built-Ins, Cable, Water Filter, Water Conditioner, Washer, Range/Oven, Refrigerator, Bar Ice Maker, Freezer, Ice Maker, Microwave
  • Price Per S Q F T: 8.67

Exterior Features

  • Tennis Court: Private Tennis Court, Private, Basketball, Sport Court, Paddle
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Heated, Heated with Gas, Waterfall, Permits, Private
  • Pool: Yes
  • Spa: Heated, Hot Tub, Permits, Private
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Circular Driveway, Carport, Carport Attached, Driveway, Garage - 4+ Car
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Amenities: Tennis Courts
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4344-025-002
  • Lot Size Area: 27990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Oct 24, 2016
Sold by
Slavitt David W and The David & Roberta Slavitt Li
Bought by
Rashididoust Babak
Seller's Agent
Bobby Syed
Coldwell Banker Realty
Buyer's Agent
Bobby Syed
Coldwell Banker Realty
List Price
$9,350,000
Sold Price
$9,350,000
Current Estimated Value
$11,563,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,213,555
Avg. Annual Appreciation
2.43%
Original Mortgage
$6,077,500
Outstanding Balance
$4,904,437
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$6,659,118

Purchase Details

Closed on
Jun 12, 2000
Sold by
Slavitt David W
Bought by
Slavitt David W and David & Roberta Slavit Living
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
Rashididoust Babak $9,350,000 Equity Title
Slavitt David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rashididoust Babak $6,077,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Rented $55,000 -15.4% --
11/07/2024 11/07/24 For Rent $65,000 +18.2% --
10/01/2024 10/01/24 Rented $55,000 0.0% --
09/06/2024 09/06/24 For Rent $55,000 0.0% --
09/06/2024 09/06/24 Rented $55,000 -15.4% --
03/14/2024 03/14/24 For Rent $65,000 +18.2% --
09/20/2023 09/20/23 Rented $55,000 +29.4% --
09/14/2023 09/14/23 Price Changed $42,500 -22.7% $6 / Sq Ft
08/13/2023 08/13/23 Price Changed $54,995 -15.4% $7 / Sq Ft
07/25/2023 07/25/23 For Rent $65,000 +54.8% --
10/15/2020 10/15/20 Rented $42,000 0.0% --
09/21/2020 09/21/20 For Rent $42,000 -16.0% --
07/17/2020 07/17/20 Price Changed $50,000 -15.3% $7 / Sq Ft
06/23/2020 06/23/20 For Rent $59,000 +22.9% --
06/22/2020 06/22/20 Rented $48,000 -4.0% --
06/15/2020 06/15/20 Rented $50,000 +17.6% --
05/04/2020 05/04/20 Price Changed $42,500 -34.6% $6 / Sq Ft
03/25/2020 03/25/20 Price Changed $65,000 +10.2% $9 / Sq Ft
03/24/2020 03/24/20 For Rent $59,000 0.0% --
10/27/2016 10/27/16 Sold $9,350,000 0.0% $1,688 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $9,350,000 -- $1,688 / 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 $128,415 $10,851,472 $8,681,180 $2,170,292
2024 $128,415 $10,638,699 $8,510,961 $2,127,738
2023 $126,090 $10,430,098 $8,344,080 $2,086,018
2022 $122,475 $10,225,587 $8,180,471 $2,045,116
2021 $118,939 $10,025,086 $8,020,070 $2,005,016
2019 $115,562 $9,727,740 $7,782,192 $1,945,548
2018 $110,874 $9,537,000 $7,629,600 $1,907,400
2016 $9,372 $788,366 $410,062 $378,304
2015 $8,982 $776,525 $403,903 $372,622
2014 $8,708 $761,315 $395,992 $365,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-461199

The MLS

APN: 4344-025-002