NOT LISTED FOR SALE

Estimated Value: $6,345,000 - $21,539,128

4 Beds
4.5 Baths
6,451 Sq Ft
$11,295/mo HOA Fee

Last Sold April 26, 2024

Last sale price $24,000,000 $3,720 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $85,628/month

Highlights

  • Concierge
  • Fitness Center
  • In Ground Pool
  • West Hollywood Elementary School Rated A-
  • Yoga or Pilates Studio
  • City Lights View

About This Home

As of April 2024

Home to commanding views of the iconic Los Angeles skyline and San Gabriel mountains, Penthouse East at 8899 Beverly presides over the city with inimitable grace and timeless style. Classic beauty and understated drama define Penthouse East, with its soaring 14' ceilings, full-height wood paneling, expansive views, and a dramatic wraparound terrace in timeless stone from which to take it all in. Discretion and convenience are paramount throughout the design, offering a semi-private elevator, as well as a separate entrance and service corridor for staff members, assistants, or catering staff. With historic mid-century appeal and exceptional handcrafted design, the Penthouse at 8899 Beverly offers floor-to-ceiling Swiss Vitrocsa glazing with operable panels to blur the line between indoors and out. A nearly 2,000 SF wraparound terrace in Italian Travertine stone makes an ideal place from which to enjoy sweeping city views. Crafted by Olson Kundig Architects, 8899 Beverly stands as an iconic collection of 40 Tower Residences, each representing a unique expression of luxury living.At 8899 Beverly, a full-service building, you can expect attentive staff that ensures a five-star living experience. Amenities include 24-hour concierge and valet services, a fitness center, and a quarter-acre oasis with a resort-style pool, spa, fireplaces, and a custom outdoor kitchen. Within a short walk, you'll discover premier dining and shopping destinations. An exciting addition to the building is Stella's Restaurant, a collaboration between renowned restaurateur Janet Zuccarini and Executive Chef Rob Gentile, enriching the exceptional lifestyle offered at 8899 Beverly.

Last Agent to Sell the Property

Michelle Montany

Real Brokerage Technologies License #01731312 Listed on: 04/24/2024

Real Brokerage Technologies

Co-Listed By

Taaseen Qureshi

Real Brokerage Technologies License #01979438

Last Buyer's Agent

Mauricio Umansky

The Agency License #01222825

The Agency

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $11,295 Monthly HOA Fees

Property Views

  • City Lights
  • Hills

Home Design

  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 6,451 Sq Ft Home
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Security Lights
  • Laundry in unit

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Subterranean Parking
  • Automatic Gate
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4336-019-033

Community Details

Overview

  • Association fees include building and grounds, concierge, earthquake insurance, gas, trash, sewer, water and sewer paid, water
  • 38 Units
  • Maintained Community
  • 10-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Service Elevator
  • Lobby
  • Reception Area

Recreation

  • Yoga or Pilates Studio
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$11,295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 8899 Beverly
  • Entry Floor: 1
  • Living Area: 6451
  • Lot Acreage: 1.6223
  • Planned Urban Dev: 0
  • Stories: 10
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 3875.37

Exterior Features

  • Direction Faces: North
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Hills, City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean, Valet
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access, Exterior Security Lights, Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Elevator, Exercise Room, Fitness Center, Guest Parking, Hot Water, Pool, Spa, Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Concierge, Earthquake Insurance, Gas, Trash, Sewer, Water and Sewer Paid, Water
  • High Rise: 24-Hour Concierge, Concierge, Entrance Lobby, Passenger Elevator, Reception Desk, Service Elevator, Trash Chute, Valet Parking, Yoga and Pilates Studio
  • HOA Fees: 11295.00
  • HOA: Yes
  • Unit Location: East Side

Lot Info

  • Assessor Parcel Number: 4336-019-033
  • Lot Size Area: 70666

Rental Info

  • Land Lease Type: Full

Multi Family

  • Number Of Units: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Apr 26, 2024
Sold by
Beverly Blvd Associates Lp
Bought by
Lt 8899 Beverly Llc
Seller's Agent
Michelle Montany
Real Brokerage Technologies
Buyer's Agent
Mauricio Umansky
The Agency
List Price
$25,000,000
Sold Price
$24,000,000
Premium/Discount to List
-$1,000,000
-4%
Views
24
Current Estimated Value
$13,942,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,057,936
Avg. Annual Appreciation
-27.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lt 8899 Beverly Llc $24,000,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $24,000,000 -4.0% $3,720 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $25,000,000 -- $3,875 / 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 $15,424 $24,480,000 $4,896,000 $19,584,000
2024 $15,424 $1,235,605 $143,879 $1,091,726
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-384067

The MLS

APN: 4336-019-092