NOT LISTED FOR SALE

9390 Readcrest Dr Beverly Hills, CA 90210

Beverly Crest Neighborhood

Estimated Value: $4,954,000 - $10,456,326

0.59 Acres
$12,252,677 Price per Acre
25,744 Sq Ft Lot

Last Sold February 16, 2022

Last sale price $5,000,000 $1,609 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $42,935/month

41 Days on Market

About This Lot

As of February 2022

Beverly Hills Development Opportunity with Ready to Issue plans for an incredible 15,593SF (apx.) designed estate by C&C Partners showcasing views over Beverly Hills. Prime private location nestled among some of the city's finest estates. Incredible value.

Last Agent to Sell the Property

Tyrone McKillen

Plus Real Estate License #01915539 Listed on: 01/04/2022

Co-Listed By

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Douglas Elliman of California, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 150x128
  • Property is zoned LARE15

Property Views

  • Panoramic
  • City Lights

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4352-012-018

Property Details

Property Type

Land

Lot Details

0.59 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5910
  • Lot Dimensions: 150x128
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Panoramic, City, City Lights
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4352-012-018
  • Lot Size Area: 25745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 3, 2022
Sold by
Dli Properties Llc
Bought by
9390 Readcrest Llc
Seller's Agent
Tyrone McKillen
Plus Real Estate
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$5,495,000
Sold Price
$5,000,000
Premium/Discount to List
-$495,000
-9.01%
Current Estimated Value
$7,241,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,241,332
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Strategic Acquisitions Inc
Bought by
Dli Properties Llc

Purchase Details

Closed on
Sep 28, 2015
Sold by
Solomon Richard E
Bought by
Strategic Acquisitions Inc

Purchase Details

Listed on
Oct 22, 2013
Closed on
Nov 27, 2013
Sold by
Jeffy Elaine A
Bought by
Solomon Richard E and The Richard Elliott Solomon Revocable Tr
Seller's Agent
Zane Widdes
LA Real Estate Group, Inc.
List Price
$4,000,000
Sold Price
$3,500,000
Premium/Discount to List
-$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
6.11%
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2013
Sold by
Lerman Gloria
Bought by
Lerman Gloria and Jeffy Elaine A

Purchase Details

Closed on
Jun 27, 2000
Sold by
Lerman Maurice M
Bought by
Lerman Maurice M and Lerman Gloria
Source: Public Records

Range of Values:

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

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ICE

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Average Value
Not Available
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
9390 Readcrest Llc $5,000,000 Fidelity National Title
Dli Properties Llc -- Fidelity
Strategic Acquisitions Inc $6,250,000 First American Title Company
Solomon Richard E $3,500,035 Chicago Title Company
Lerman Gloria -- None Available
Lerman Maurice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solomon Richard E $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2022 02/16/22 Sold $5,000,000 -9.0% $1,609 / Sq Ft
01/04/2022 01/04/22 For Sale $5,495,000 +57.0% $1,768 / Sq Ft
12/11/2013 12/11/13 Sold $3,500,000 -12.5% $1,126 / Sq Ft View Prior Sale
11/08/2013 11/08/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $4,000,000 -- $1,287 / Sq Ft
Source: The MLS

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 $63,097 $8,017,040 $5,306,040 $2,711,000
2024 $63,097 $5,202,000 $5,202,000 --
2023 $61,865 $5,100,000 $5,100,000 $0
2022 $94,053 $7,998,983 $6,999,334 $999,649
2021 $92,981 $7,842,142 $6,862,093 $980,049
2019 $79,136 $6,658,560 $5,254,020 $1,404,540
2018 $78,795 $6,528,000 $5,151,000 $1,377,000
2016 $75,126 $6,250,000 $5,000,000 $1,250,000
2015 $43,189 $3,569,930 $2,804,945 $764,985
2014 $43,309 $303,362 $169,981 $133,381
Source: Public Records

Agents Affiliated with this Home

  • Tyrone McKillen

    Seller's Agent in 2022

    Tyrone McKillen

    Plus Real Estate

    (949) 212-8721

    7 in this area

    60 Total Sales

    Tyrone McKillen
    Section Image
  • Kurt Rappaport

    Seller Co-Listing Agent in 2022

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    12 in this area

    102 Total Sales

    Kurt Rappaport
    Section Image
  • Joshua Altman

    Buyer's Agent in 2022

    Joshua Altman

    Douglas Elliman of California, Inc.

    (323) 610-0231

    29 in this area

    499 Total Sales

    Joshua Altman
    Section Image
  • Heather Altman

    Buyer Co-Listing Agent in 2022

    Heather Altman

    Douglas Elliman of California, Inc.

    (310) 924-4664

    3 in this area

    62 Total Sales

    Heather Altman
    Section Image
  • Zane Widdes

    Seller's Agent in 2013

    Zane Widdes

    LA Real Estate Group, Inc.

    (818) 665-5652

    24 Total Sales

    Zane Widdes
    Section Image
  • Joseph Babajian

    Buyer Co-Listing Agent in 2013

    Joseph Babajian

    Rodeo Realty

    (310) 623-8800

    6 in this area

    57 Total Sales

    Joseph Babajian
    Section Image
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Map

Source: The MLS

MLS Number: 22-115709

The MLS

APN: 4352-012-018

California Los Angeles County Beverly Hills 90210 Beverly Crest

9390 Readcrest Dr, Beverly Hills, CA

Not Listed for Sale

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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