NOT LISTED FOR SALE

721 N Rodeo Dr Beverly Hills, CA 90210

Estimated Value: $7,527,000 - $23,226,491

8 Beds
12 Baths
11,266 Sq Ft
$1,365/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $19,850,000 $1,762 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $102,266/month

17 Days on Market

Highlights

  • Wine Cellar
  • Projection Room
  • Fireplace in Primary Bedroom
  • Beverly Hills High School Rated A
  • Heated In Ground Pool
  • Traditional Architecture

About This Home

As of June 2019

Brand new, painstakingly designed & exceptionally well built White Painted Brick Traditional Estate by Architect Ken Ungar on famed Rodeo Drive. No expense spared, unparalleled attention to detail, extraordinary craftsmanship & the very finest of everything. Beau st presence, well-proportioned spaces, perfect flr pln, tasteful finishes, ideal indr/outdr flow & every imaginable space/amenity. Gracious formal living/dining rms, lib, bar, theatre, gym, game rm w/ bar, wine rm w/ steel drs & up fam rm. Expansive eat-in chef's kitch/fam rm opens thru accordion French drs to loggia w/ FP, firepit, beau gardens, lawn & poo/spa. Fab master w/ off, sitting area, FP, pvt terrace & exquisite dual slab marble BAs & furniture grade closets. Gorgeous oak flrs, beau light fixtures & hardware thru-out, extensive custom millwork/cabinetry & wood ceilings. Close to the BH Hotel & world-class shopping/dining, this home will envelop you in quality & elegance from the moment you enter. Special offering!

Last Agent to Sell the Property

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357 Listed on: 03/11/2019

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Drew Fenton

Carolwood Estates License #01317962

Last Buyer's Agent

Terence Hill

BT Equities, Inc. License #00744163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $261,369

Year Built

  • Built in 2019

Lot Details

  • 0.38

Home Design

  • Traditional Architecture

Interior Spaces

  • 11,266 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Projection Room
  • Home Office
  • Library
  • Bonus Room
  • Home Gym
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Carport
  • Side by Side Parking
  • Garage Door Opener
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Features

  • 0.38 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4345-012-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$261,369

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 11266
  • Stories: 2
  • Year Built: 2019
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Bedrooms: 8
  • Fireplaces: 4
  • Full Bathroom: 2
  • Half Bathroom: 3
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 7
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 12.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1774.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Circular Driveway, Detached, Door Opener, Private Garage, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4345-012-011
  • Geocode Override: No
  • Lot Size Area: 16437

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jun 10, 2019
Sold by
Roka Properties Llc
Bought by
Bh Family Breeze Llc
Seller's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Terence Hill
BT Equities, Inc.
List Price
$19,995,000
Sold Price
$19,850,000
Premium/Discount to List
-$145,000
-0.73%
Current Estimated Value
$15,376,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,473,254
Avg. Annual Appreciation
-3.92%
Original Mortgage
$13,895
Outstanding Balance
$11,963
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$15,364,783

Purchase Details

Closed on
May 5, 2014
Sold by
Karny Shalom
Bought by
Roka Properties Llc

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
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2014
Sold by
Karny Lauren
Bought by
Karny Lee

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
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 11, 2014
Sold by
Rodeo Enterprises Limited Partnership
Bought by
Karny Shalom and Karny Danielle

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
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2005
Sold by
Karny Shalom and Karny Danielle
Bought by
Rodeo Enterprises Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Karny Danielle and Karny Danielle
Bought by
Karny Shalom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1993
Sold by
Karny Danielle and Karny Shalom
Bought by
Karny Lori
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
Bh Family Breeze Llc $19,850,000 Chicago Title Company
Roka Properties Llc -- Accommodation
Karny Lee -- Chicago Title
Karny Shalom -- Accommodation
Rodeo Enterprises Lp -- --
Karny Shalom -- United Title Company Ventura
Karny Lori -- --
Rodeo Enterprises Ltd Partnership -- --
Rodeo Enterprises Ltd Partnership -- --
Rodeo Enterprises Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bh Family Breeze Llc $13,895
Previous Owner Karny Lee $1,000,000
Previous Owner Karny Shalom $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $19,850,000 -0.7% $1,762 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $19,995,000 -- $1,775 / 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 $261,369 $22,143,049 $15,500,135 $6,642,914
2024 $261,369 $21,708,872 $15,196,211 $6,512,661
2023 $256,621 $21,283,209 $14,898,247 $6,384,962
2022 $249,244 $20,865,892 $14,606,125 $6,259,767
2021 $242,032 $20,456,758 $14,319,731 $6,137,027
2019 $221,354 $739,983 $569,689 $170,294
2018 $63,919 $5,490,059 $4,109,088 $1,380,971
2016 $61,380 $5,276,876 $3,949,528 $1,327,348
2015 $58,751 $5,197,613 $3,890,203 $1,307,410
2014 $7,747 $673,379 $518,412 $154,967
Source: Public Records

Agents Affiliated with this Home

  • David Offer

    Seller's Agent in 2019

    David Offer

    Berkshire Hathaway HomeServices California Properties

    (310) 820-9341

    113 Total Sales

    David Offer
    Section Image
  • Drew Fenton

    Seller Co-Listing Agent in 2019

    Drew Fenton

    Carolwood Estates

    (310) 492-0701

    25 in this area

    86 Total Sales

    Drew Fenton
    Section Image

  • T

    Buyer's Agent in 2019

    Terence Hill

    BT Equities, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 19-442084

The MLS

APN: 4345-012-011

California Los Angeles County Beverly Hills 90210

721 N Rodeo Dr, Beverly Hills, CA

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