See Home Value
$6,558,052*
Land - Off Market

1511 Summitridge Dr

Beverly Hills, CA 90210
bedrooms
Studio
bathrooms
0 Bath
$5,850,000 - $7,150,000
Reference Base Price*
0.89%
Since Aug 1, 2023
CA-Los Angeles
Primary Model
Sold Feb 12, 2013
Transfer
$2,100,000 by Oakhurst Income Fund Ii Lp
Mortgage
Sold Dec 27, 2002
Transfer
$645,000 by Washington Mutual Bank Fa
Mortgage Due Jan 01, 2033

About This Property

Incredible opportunity to purchase an 1.77 acre property uniquely situated at the end of a private, gated cul-de-sac with stunning city views. RTI plans are in place for an 8,300 SF, 5 bed, 6 bath home, on an approximately 20,000 SF flat pad with celebrity neighbors and explosive city, canyon and ocean views. Partial construction has already been completed including the installation of 70 caissons and multiple retaining walls with tie backs. Lush, natural surroundings abound with breathtaking views from almost every planned space. Plans to also include a gym, media room, sauna and steam, game room, pool, two spas, elevator, roof top lounge, 3 car garage with turn around, outdoor shower and unparalleled privacy. This one-of-a-kind property is located just minutes from the heart of Beverly Hills and the finest shopping, restaurants, and entertainment the area has to offer.
Unit Size
-
Days on Market
-
Land Size
1.77 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1936

Price History

Date / Event Date Event Price
Jul 2, 2023 No longer available -
No longer available
Jan 25, 2023 Price Decreased $6,500,000
↓ $750K (10.3%)
Price Decreased
Nov 8, 2022 Listed $7,250,000
Listed
Jun 18, 2022 No longer available -
No longer available
May 22, 2022 Relisted $7,450,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 77,206
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 3,630
  • Total Building Area: 1,777
  • Building Area: 1,777
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,777
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7996
  • Land Acres: 1.772
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7996 LOT COM N 50 09'56 E 352.53 FT FROM MOST S COR OF LOT 13 TH N 40 44'04 W 74 FT TH N 44 53'04 W 63.66 FT TH N 51 21'04 W 65.91 FT TH SEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT 13

Ownership

  • Current Owner : BRADY DAVID
  • Current Owner 2: KISS VANESSA
  • Previous Owner : WALSTON ROBERT T
  • Owner Before Previous Owner: BROWN DAVID
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 261102

Zoning

  • Zoning: LARE20

Geography

  • Assessors Map Reference: 33-A3
  • Subdivision Tract Number: 7996
  • Parcel: 4355-004-014
  • Lot: 13
  • Municipality: WEST /COLDWATER CYN
  • Latitude: 34.0997
  • Longitude: -118.422

    Address

  • Full Address: 1511 Summitridge Dr
  • Address - House Number: 1511
  • Address - Street Name: Summitridge
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C023
  • 4-Digit Zip Code: 1604
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,249
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 3,247,088
  • High Value: 4,006,976
  • Low Value: 2,487,200

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,425,000
  • First Open Lien Mortgage Lender: OAKHURST INCOME FUND II LP
  • First Open Lien Mortgage Recording Date: Apr 15, 2020
  • First Open Lien Mortgage Loan Amount: $2,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Lender: FAIRVIEW LOANS IV LLC
  • Second Open Lien Mortgage Recording Date: Apr 15, 2020
  • Second Open Lien Mortgage Loan Amount: $325,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,988,067
  • Assessed Land Value: $1,952,953
  • Assessed Improvements Value: $35,114

    Sales

  • Current Sale Contract Date: Dec 19, 2012
  • Current Sale Recording Date: Feb 12, 2013
  • Current Sale Transaction ID: 1039516183
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13- 0218692
  • Previous Sale Recording Date: Dec 27, 2002
  • Previous Sale Contract Date: Dec 16, 2002
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMERICA BANK
  • First Mortgage Transaction Date: Feb 12, 2013
  • First Mortgage Loan Amount: $1,080,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2043

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Dec 27, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $645,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$6,495,000 Jun 21, 2017
-
-
House
5 Beds
1.5 Baths
4,951 ft²
$1,312/ft²
$6,495,000 Feb 2, 2024
-
-
House
4 Beds
5 Baths
4,800 ft²
$1,619/ft²
$7,770,000 Mar 21, 2024
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 1511 Summitridge Drive built and last sold?
The property at 1511 Summitridge Drive was built in 1936 and last sold on Dec 19, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 1511 Summitridge Drive is $6,565,000.
What are some comparable homes to 1511 Summitridge Drive?
There are currently no comparable homes to 1511 Summitridge Drive.

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