$5,100,000
SOLD DEC 31, 2024
17 Beds
17 Baths
8,241 Sq Ft
7,649 Sq Ft Lot

Recently Sold

$619 Per Sq Ft

11% Below List Price

86 Days on Market

Highlights

  • New Construction
  • Panoramic View
  • Dual Staircase
  • Rooftop Deck
  • Open Floorplan
  • Engineered Wood Flooring

About This Home

As of December 2024

Welcome to The Beverlywood Villas, where luxury and modern design meet in perfect harmony. This exclusive collection of five contemporary homes offers a new standard of upscale living. Each residence features spacious open floor plans, two units with four bedrooms and four bathrooms and three units with three bedrooms and three baths, providing generous room for relaxation and entertainment. As you step through private entrances, you'll be welcomed by the warmth of hardwood floors and impeccable high-end finishes throughout. Enjoy the ease and security of your own private garage, designed for convenient parking and storage. The rooftop decks offer a stunning retreat with panoramic views of Century City and the city skyline perfect for unwinding or hosting gatherings in an extraordinary setting. Nestled in the vibrant heart of Beverlywood, 8926 Sawyer Avenue is just minutes away from the trendiest restaurants and shops of Beverly Hills, Century City, West Los Angeles and West Hollywood. This prime location also offers easy access to major freeways, making commuting seamless. We are very pleased to exclusively offer for sale The Beverlywood Villas, a brand new, very exclusive 2024 construction development of 5 luxurious 3-story townhomes located in the highly desirable and prestigious Beverlywood enclave of Los Angeles. Designed and constructed by one of Los Angeles' foremost developers of many well-known multi-million dollar high end homes in Brentwood and West Hollywood, The Beverlywood Villas, located at the Southeast corner of Sawyer & Robertson in Beverlywood, is a truly one-of a-kind collection of five 3 and 4 bedroom townhome units, all separately metered for gas, electric and water, complete with high end windows and sliders, solid wood doors, high end appliances, beautiful wide oak-style flooring, high ceilings, custom iron railings throughout, all boasting 1st floor private gardens and each unit with its own large rooftop deck, offering the most epic 360 degree views of the city, rivaling anything you would find from a multi-million dollar home in the hills or the flats of Los Angeles. Each unit has its own private 2 car garage, electric car charging capability, ample storage, beautiful balconies with expansive city views, large closets, in unit washer/dryers, recessed lighting, high ceilings and so much more. Based on recent similar rentals, conservative estimates for rent call for $6,250 for the three 3 bed + 3 bath units, $7,000 for the 3+3+Den and $7,500 for the 4 bed +4 bath units, as they each have their own private 2 car garages, individual gardens off the first floor and private and spacious rooftop decks on the top floor. These units truly have everything a discerning tenant and buyer could want, and all in an amazing location in the heart of Beverlywood, across the street from the Beverywood HOA. Tenants pay all utilities and so expenses are very low, which is excellent for a multi-family investor looking for income property not subject to rent control, that will be an excellent and stable income producing property now and into the future. Once fully leased out, The Beverlywood Villas will offer a new owner an estimated NOI of $303,000 which is a 5.3% cap at the asking price. Rents will only continue to increase as demand is slated to grow even more for high-end townhomes like The Beverlywood Villas as renters look for rentals that offer all the amenities and features of a multi-million-dollar home without having to make the commitment to buy, instead preferring to maintain their lifestyle flexibility through leasing but aren't willing to compromise on amenities, newness, views, or luxury.

Last Agent to Sell the Property

Dana Brody

Dana Brody License #01429001 Listed on: 09/18/2024

Last Buyer's Agent

Esther Kim

PARTNERS License #02159916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,176

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,649 Sq Ft Lot
  • North Facing Home
  • Gated Home
  • Corner Lot

Parking

  • 10 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Side by Side Parking
  • Tandem Parking
  • Brick Driveway

Property Views

  • Panoramic
  • Skyline
  • Woods
  • Views of a landmark
  • Mountain

Home Design

  • Modern Architecture
  • Split Level Home
  • Turnkey
  • Flat Roof Shape

Interior Spaces

  • 8,241 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • High Ceiling
  • Recessed Lighting
  • Engineered Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 17 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Rooftop Deck

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for electricity, cable TV, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4302-019-026

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Vacancy Allowance $16,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,176

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Building Permit: Yes
  • Living Area: 8241
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2024
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases, Recessed Lighting, High Ceilings (9 Feet+), Turnkey, Open Floor Plan
  • Flooring: Engineered Hardwood
  • Bedrooms: 17
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Quartz Counters
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 17.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Microwave, Washer, Dryer
  • Price Per S Q F T: 697.73

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony, High Ceilings (9 Feet+), Energy Efficient
  • Other Structures: None
  • Patio: Roof Top Deck, Living Room Balcony, Balcony
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City, City Lights, Trees/Woods, Tree Top, Skyline, Mountains, Panoramic, Landmark
  • View: Yes

Garage/Parking

  • Garage Spaces: 10
  • Garage Structures: 5
  • Parking Garage: Garage - 2 Car, Electric Vehicle Charging Station(s), Direct Entrance, Driveway, Driveway - Brick, Garage Is Attached, Tandem, Side By Side, Private Garage
  • Total Parking: 10

Utilities

  • Volt 220: In Garage
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 4302-019-026
  • Lot Location: Corner Lot
  • Lot Size Area: 7649

Rental Info

  • Total Actual Rent: 414000.00
  • Owner Pays: Gardener, Water
  • Rent Control: No
  • Tenant Pays: Electricity, Cable TV, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.80
  • Number Of Units: 5
  • Total Annual Expense: 93800
  • Type Of Units: Multi-Family
  • Vacancy Allow: 16560
  • Vacancy Allow Percent: 4.00
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 13, 2024
Sold by
Maman Properties Llc
Bought by
Hwang Peter Jin and Hwang Jennifer Dohui
Seller's Agent
Dana Brody
Dana Brody
Buyer's Agent
Esther Kim
PARTNERS
List Price
$5,750,000
Sold Price
$5,100,000
Premium/Discount to List
-$650,000
-11.3%
Views
8
Current Estimated Value
$4,251,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$848,465
Avg. Annual Appreciation
-43.80%
Original Mortgage
$3,570,000
Outstanding Balance
$3,548,370
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$41,691

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jun 8, 2021
Sold by
Serrano Alvin and Serrano Jhoana
Bought by
Maman Properties Llc
Seller's Agent
TOYIN DAWODU
CAPITAL INVESTMENT GROUP
Buyer's Agent
Yair Harpaz
Harpaz Realty
List Price
$2,500,000
Sold Price
$1,890,000
Premium/Discount to List
-$610,000
-24.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.47%
Original Mortgage
$900,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2018
Sold by
Serrano Alvin
Bought by
Serrano Alvin and Serrano Jhoana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2004
Sold by
Gomez A Julia
Bought by
Serrano Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Yaminiyaka Khatereh
Bought by
Derekhshesh Alfred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Wong Raymond A and Wong Rita M
Bought by
Derakhshesh Alfred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Wilder Dennis G and Wilder Joan R
Bought by
Gomez A Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,700
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1993
Sold by
Wong Raymond A and Wong Rita A
Bought by
Wong Raymond A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,100,000 Fidelity - Sherman Oaks
Grant Deed $1,890,000 Lawyers Title Ie
Interfamily Deed Transfer -- Servicelink
Grant Deed $740,000 Southland Title Co
Interfamily Deed Transfer -- Fidelity Van Nuys
Grant Deed $750,000 Fidelity National Title Co
Grant Deed $485,000 Southland Title Company
Individual Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,570,000 New Conventional
Previous Owner $3,395,000 Construction
Previous Owner $3,000,000 Construction
Previous Owner $900,000 New Conventional
Previous Owner $937,500 New Conventional
Previous Owner $850,000 New Conventional
Previous Owner $708,000 Fannie Mae Freddie Mac
Previous Owner $592,000 New Conventional
Previous Owner $675,000 Purchase Money Mortgage
Previous Owner $363,700 Purchase Money Mortgage
Closed $111,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $5,100,000 -11.3% $619 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $5,750,000 +204.2% $698 / Sq Ft
06/22/2021 06/22/21 Sold $1,890,000 0.0% $1,212 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
04/26/2021 04/26/21 Price Changed $1,890,000 -17.8% $1,212 / Sq Ft
02/08/2021 02/08/21 Price Changed $2,299,995 -4.2% $1,475 / Sq Ft
01/09/2021 01/09/21 Price Changed $2,399,995 -4.0% $1,539 / Sq Ft
06/29/2020 06/29/20 Price Changed $2,499,995 -0.4% $1,604 / Sq Ft
06/11/2020 06/11/20 Price Changed $2,511,111 -3.8% $1,611 / Sq Ft
03/26/2020 03/26/20 Price Changed $2,610,000 -1.5% $1,674 / Sq Ft
11/24/2019 11/24/19 Price Changed $2,650,000 +6.0% $1,700 / Sq Ft
08/20/2019 08/20/19 For Sale $2,500,000 -- $1,604 / 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 $20,176 $3,577,417 $1,699,417 $1,878,000
2024 $20,176 $1,666,096 $1,347,734 $318,362
2023 $19,877 $1,633,428 $1,321,308 $312,120
2022 $18,950 $1,601,400 $1,295,400 $306,000
2021 $9,956 $824,156 $643,876 $180,280
2020 $10,057 $815,706 $637,274 $178,432
2019 $9,659 $799,713 $624,779 $174,934
2018 $9,576 $784,033 $612,529 $171,504
2016 $9,157 $753,591 $588,745 $164,846
2015 $9,024 $742,272 $579,902 $162,370
2014 $9,058 $727,733 $568,543 $159,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-441327

The MLS

APN: 4302-019-026