Seller's Agent in 2023
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
(310) 494-6368
3 in this area
43 Total Sales
9912 Durant Dr Beverly Hills, CA 90212
Estimated Value: $3,042,000 - $6,012,717
10
Beds
8
Baths
6,120
Sq Ft
$755/Sq Ft
Est. Value
About This Home
As of August 2023TO BE SOLD WITH ADJACENT PROPERTY 9916 DURANT DR... We are pleased to present a remarkable opportunity to acquire a two-property portfolio of prime multifamily real estate in the highly sought-after City of Beverly Hills. Comprising two side-by-side 4-unit buildings, 9912 & 9916 Durant Drive presents an enchanting investment opportunity in an esteemed Beverly Hills locale. Built in 1937, the charming property showcases timeless architectural design, exuding a sense of classic elegance. The two 4-plexes share a picturesque courtyard with 50% townhome-style units, offering spacious floor plans of 2+1.5, 3+2.5 and 3+3 configurations. With an average unit size of approximately 1,500 square feet, the units boast hardwood floors, faux fireplaces, and formal dining rooms. Additionally, half of the units have been tastefully renovated with central A/C and heat, and each unit features its own in-unit washer/dryer. Approximately 80% of the property has been re-piped with copper plumbing. There's also a potential to build (2) ADUs in the existing carports (Buyer to verify).Located in one of Beverly Hills' most coveted areas, 9912-18 Durant offers unparalleled convenience. Residents can easily access iconic destinations such as the The Peninsula Hotel, LACountry Club, Westfield Century City, Rodeo Drive, Beverly Hills High School and more.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 05/18/2023
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 05/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,539
Year Built
- Built in 1937
Lot Details
- 6,002 Sq Ft Lot
Parking
- Covered Parking
Interior Spaces
- 6,120 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4328-004-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2023
Closed on
Aug 1, 2023
Sold by
Blue Parrot Ii Lp
Bought by
Kaa Family Trust and Ardebilchi
Seller's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
List Price
$3,300,000
Sold Price
$2,800,000
Premium/Discount to List
-$500,000
-15.15%
Views
247
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,817,572
Avg. Annual Appreciation
25.02%
Purchase Details
Closed on
Sep 13, 2019
Sold by
Schneider Dee Dee and Schneider Living Trust
Bought by
Blue Parrot Ii Llc
Purchase Details
Closed on
Sep 1, 2019
Sold by
Schneider Dee Dee and Schneider Living Trust
Bought by
Blue Parrot Llc
Purchase Details
Closed on
Feb 27, 2007
Sold by
Schneider Martin
Bought by
Schneider Dee Dee
Purchase Details
Closed on
Feb 21, 2007
Sold by
Reed Charlotte
Bought by
Reed Charlotte
Purchase Details
Closed on
Jun 7, 1998
Sold by
Vangrove Richard
Bought by
Durant 9900 Llc
Purchase Details
Closed on
Jun 27, 1995
Sold by
Vangrove Richard
Bought by
Vangrove Richard
Purchase Details
Closed on
May 10, 1995
Sold by
Vangrove Lilly
Bought by
Vangrove Richard
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kaa Family Trust | $5,600,000 | Old Republic Title Company | |
| Blue Parrot Ii Llc | -- | None Available | |
| Schneider Matthew | -- | None Available | |
| Schneider Dee Dee | -- | None Available | |
| Schneider Dee Dee | -- | None Available | |
| Blue Parrot Llc | -- | None Available | |
| Schneider Dee Dee | -- | None Available | |
| Reed Charlotte | -- | None Available | |
| Durant 9900 Llc | -- | North American Title Co | |
| Vangrove Richard | -- | -- | |
| Vangrove Richard | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $2,800,000 | -5.1% | $458 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | Price Changed | $2,950,000 | -10.6% | $482 / Sq Ft |
| 06/11/2023 06/11/23 | For Sale | $3,300,000 | 0.0% | $539 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $3,300,000 | -- | $539 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $34,539 | $2,856,000 | $867,000 | $1,989,000 |
| 2024 | $34,539 | $2,800,000 | $850,000 | $1,950,000 |
| 2023 | $39,341 | $3,195,738 | $2,455,988 | $739,750 |
| 2022 | $38,229 | $3,133,078 | $2,407,832 | $725,246 |
| 2021 | $37,110 | $3,071,646 | $2,360,620 | $711,026 |
| 2020 | $36,985 | $3,040,151 | $2,336,415 | $703,736 |
| 2019 | $36,055 | $2,980,541 | $2,290,603 | $689,938 |
| 2018 | $34,632 | $2,922,100 | $2,245,690 | $676,410 |
| 2016 | $33,177 | $2,808,634 | $2,158,488 | $650,146 |
| 2015 | $31,778 | $2,766,447 | $2,126,066 | $640,381 |
| 2014 | $30,746 | $2,700,000 | $2,076,900 | $623,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Glaser
Map
Source: The MLS
MLS Number: 23-272027
APN: 4328-004-014
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