See Home Value
$35,032,970*
House - Off Market

1231 LAGO VISTA DR

BEVERLY HILLS, CA 90210
bedrooms
7 Beds
bathrooms
11 Baths
square feet
12800 Sqft
$28,800,000 - $35,200,000
Reference Base Price*
9.48%
Since Jan 1, 2022
CA-Los Angeles
Primary Model
Sold Mar 27, 2013
$4,200,042
$3,000,000 by Bbcn Bank
Mortgage
Sold Jul 29, 2004
Transfer

About This Property

Set behind gates surrounded by tall hedging and abundant greenery, 1231 Lago Vista Dr is supremely set in the highly coveted 90210 zip code of Beverly Hills. A true display of luxury showcasing 12,800 square feet of sleek design and exquisite finishes on 2 parcels of land totaling over an acre. Operated by a fully integrated Crestron System personalized to your lifestyle, the 7-bedroom, 11-bathroom home offers an unparalleled living experience. From both levels throughout the home, expansive walls of glass vanish offering seamless indoor/outdoor living. Custom features include 2 floating staircases, 33 floor-to-ceiling Rimadesio Italian glass magnetic doors, an elevator with custom bank vault doors, a spectacular 6-foot Mooi chandelier, all custom-sized and hand-knotted carpeting, Nano Glass, and a scratch and stain proof stone composite slab on the main level and all baths. Outfitted with all top of the line appliances, the chef's kitchen is second to none.  Additional first-class amenities include a custom 600 bottle wine cellar, a large home movie theater, a gym, and a personal office offering views of the beautiful grounds. Both an entertainer's vision and a private oasis, the outdoor space encompasses a large grassy yard, stunning pool with a Baja shelf, spa, multiple water features, fire features, an outdoor kitchen, dining space and built-in ceiling heaters. With no expense spared or amenity forgotten, this home is sure to impress the most discerning buyer.

The manager has listed the unit size as 12800 square feet.
Unit Size
12,800Ft²
Days on Market
-
Land Size
-
Price per sqft
$2,500
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

Price History

Date / Event Date Event Price
Dec 23, 2021 No longer available -
No longer available
Dec 8, 2021 Listed $32,000,000
Listed
Jan 13, 2021 No longer available -
No longer available
Jul 23, 2020 Relisted $32,000,000
Relisted
Jul 23, 2020 Price Decreased $27,995,000
↓ $4M (12.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 7
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,896
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 11,410
  • Building Area: 11,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 11,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13101
  • Land Acres: 0.457
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 13101 LOT/SEC 38

Ownership

  • Current Owner : PARK CHARLES
  • Current Owner 2: PARK KAREN
  • Previous Owner : SIMKHAI DANIEL
  • Previous Owner 2: SIMKHAI GILDA
  • Owner Before Previous Owner: 9601 SUNSET BLVD LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700600

Zoning

  • Zoning: BHR1*

Geography

  • Assessors Map Reference: 33-B3
  • Subdivision Tract Number: 13101
  • Parcel: 4350-019-021
  • Lot: 38
  • Municipality: WEST /BEV HILLS NORTH
  • Latitude: 34.0978
  • Longitude: -118.407

    Address

  • Full Address: 1231 Lago Vista Dr
  • Address - House Number: 1231
  • Address - Street Name: Lago Vista
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C022
  • 4-Digit Zip Code: 2418
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $132,680
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 02-410

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 5,474,935
  • High Value: 6,725,178
  • Low Value: 4,224,693

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: BBCN BANK
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,283,592
  • Assessed Land Value: $4,675,259
  • Assessed Improvements Value: $6,608,333

    Sales

  • Current Sale Contract Date: Jan 07, 2013
  • Current Sale Recording Date: Mar 27, 2013
  • Current Sale Transaction ID: 1026551412
  • Current Sale Price: $4,200,042
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-0455016
  • Previous Sale Recording Date: Jul 29, 2004
  • Previous Sale Contract Date: Jun 10, 2004
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 27, 2013
  • First Mortgage Loan Amount: $2,940,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Beverly Hills


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 901 Hancock Ave, West Hollywood, CA, 90069

$7,500 /mo

  • 2 Beds
  • 3 Baths
  • 1,585 ft²
901 Hancock Ave #314, West Hollywood, CA, 90069 Listing by Sally Forster Jones
Unit for rent at 9039 Norma Pl, West Hollywood, CA, 90069

$9,500 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,048 ft²
9039 Norma Pl, West Hollywood, CA, 90069 Listing by Mojgan Larian
Unit for rent at 9033 Vista Grande St, West Hollywood, CA, 90069

$7,999 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,607 ft²
9033 Vista Grande St #2, West Hollywood, CA, 90069 Listing by Wayne Saks


Frequently Asked Questions

When was property at 1231 Lago Vista Drive built and last sold?
The property at 1231 Lago Vista Drive was built in 2016 and last sold on Jan 7, 2013 for $4,200,042.
How much is this home worth?
The estimated value of the home located at 1231 Lago Vista Drive is $32,320,000.
What are some comparable homes to 1231 Lago Vista Drive?
There are currently no comparable homes to 1231 Lago Vista Drive.

Quantcast