See Home Value
$16,685,165*
House - Off Market

12071 Crest Court

Beverly Hills, CA 90210
bedrooms
5 Beds
bathrooms
7 Baths
square feet
6586 Sqft
$11,331,000 - $13,849,000
Reference Base Price*
32.53%
Since Dec 1, 2020
CA-Los Angeles
Primary Model
Sold Dec 22, 2017
$10,275,000
Sold May 27, 2015
$8,055,500
$4,833,225 by Goldman Sachs Bank Usa
Mortgage Due Jun 01, 2045

About This Property

Impeccable Exclusive Listing Inside the luxurious gated community, The Summit. Centered at the heart of Beverly Hills and surrounded by three parks at the confluence of Mullholland Drive and Coldwater Canyon Drive. The enclave is favored by affluent members of society. This property has a chic grand entrance with a beautiful contemporary towering glass double door that opens to a fully tiled entryway. Greeted by a formal living room with modern hardwood floors that peeks at the grand landscaping views of the San Fernando Valley.  The formal living room connects to an inviting secondary living room equipped with a full marble slabbed bar, perfect for entertaining guests. The extravagant, custom-built exterior grounds include an infinity edge pool, tennis court with permits to add an extension, and Crestron powered surround sound and multimedia system. This home is complete with 270 degrees of alluring views of the San Fernando Valley which showcases the grandeur of Los Angeles. This rare picturesque home will not be on the market for long.

The manager has listed the unit size as 6586 square feet.
Unit Size
6,586Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$1,912
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
1988

Price History

Date / Event Date Event Price
Nov 28, 2020 No longer available -
No longer available
Aug 26, 2020 Listed $12,590,000
Listed
Jul 22, 2020 No longer available -
No longer available
Aug 4, 2019 Listed $12,590,000
Listed
Impeccable Exclusive Listing Inside the luxurious gated community, The Summit. Centered at the heart of Beverly Hills and surrounded by three parks at the confluence of Mullholland Drive and Coldwater Canyon Drive. The enclave is favored by affluent members of society. This property has a chic grand entrance with a beautiful contemporary towering glass double door that opens to a fully tiled entryway. Greeted by a formal living room with modern hardwood floors that peeks at the grand…
Jul 8, 2017 Listed $13,950,000
Listed
$1M price reduction. Brand new renovation by renowned architect, Douglas Teiger, is set in the 24 hr guard gated neighborhood of The Summit for maximum privacy and security. Aesthetically pleasing, and, at the same time functional, this impeccable, modern villa was meticulously built to the highest standards surrounding the homeowners with luxury. Retractable glass walls create an abundance of natural light defining a seamless indoor-outdoor resort style ambiance featuring spectacular…

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 28,932
  • Total Building Area: 6,586
  • Building Area: 6,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 29033
  • Land Acres: 0.664
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=29033 LOT/SEC 74

Ownership

  • Current Owner : LAM YU
  • Current Owner 2: WANG ZHAOYIJIAO
  • Previous Owner : PGV CREST LLC
  • Owner Before Previous Owner: COOPER GILLIAN
  • Owner Before Previous Owner 2: COOPER FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143901

Zoning

  • Zoning: LARE40

Geography

  • Assessors Map Reference: 23-C6
  • Subdivision Tract Number: 29033
  • Parcel: 2382-018-029
  • Lot: 74
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1253
  • Longitude: -118.402

    Address

  • Full Address: 12071 Crest Ct
  • Address - House Number: 12071
  • Address - Street Name: Crest
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C064
  • 4-Digit Zip Code: 1359
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $129,505
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,989,327
  • High Value: 3,650,805
  • Low Value: 2,327,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,237,212
  • Assessed Land Value: $6,561,876
  • Assessed Improvements Value: $4,675,336

    Sales

  • Current Sale Contract Date: Dec 14, 2017
  • Current Sale Recording Date: Dec 22, 2017
  • Current Sale Transaction ID: 11340797783
  • Current Sale Price: $10,275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1492994
  • Previous Sale Recording Date: May 27, 2015
  • Previous Sale Contract Date: Apr 15, 2015
  • Previous Sale Amount: $8,055,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: May 27, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $4,833,225
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7.5 Baths
6,871 ft²
$1,965/ft²
$13,499,000 Nov 3, 2022
-
-

About South Valley


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Frequently Asked Questions

When was property at 12071 Crest Court built and last sold?
The property at 12071 Crest Court was built in 1988 and last sold on Dec 14, 2017 for $10,275,000.
How much is this home worth?
The estimated value of the home located at 12071 Crest Court is $12,715,900.
What are some comparable homes to 12071 Crest Court?
There are currently no comparable homes to 12071 Crest Court.

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