See Home Value
$15,788,940*
House - Off Market

Arkell Drive

Beverly Hills, CA 90210
bedrooms
7 Beds
bathrooms
8 Baths
square feet
7206 Sqft
$9,000,000 - $10,998,000
Reference Base Price*
57.91%
Since Aug 1, 2017
CA-Los Angeles
Primary Model
Sold Jan 31, 2023
$10,900,000
Sold Feb 02, 2021
$10,500,000
$5,300,000 by Fjm Private Mortgage Fund Llc
Mortgage

About This Property

This beautiful, gated, Tuscan villa is one of very few homes with multiple levels above ground in Trousdale. Both levels open up to a beautiful view of city lights and the ocean. On over half an acre with an over 7,000 square foot existing structure, this property has an unlimited amount of potential for either a developer or an owner-user and offer stunning views of Century City, city lights, and the ocean. There simply isn't a better offering in the area. Set up an appointment ASAP, as we are priced to sell quickly. Also offered for lease at $25,000 per month (long term).

The manager has listed the unit size as 7206 square feet.
Unit Size
7,206Ft²
Days on Market
-
Land Size
24,197.00 acres
Price per sqft
$1,388
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold $10,900,000
Sold
Jul 8, 2017 Listed $9,999,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,197
  • Lot Size Depth Feet: 2,150
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 7,206
  • Building Area: 7,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24481
  • Land Acres: 0.556
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 24481 LOT/SEC 43

Ownership

  • Current Owner : HACOPIAN DESIGN DEVELOPMENT GROUP LLC
  • Previous Owner : IMPERIAL PROCESSING
  • Owner Before Previous Owner: FINDLEY KERI
  • Ownership Rights Codes: unknown
  • 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-C2
  • Subdivision Tract Number: 24481
  • Parcel: 4391-012-013
  • Lot: 43
  • Municipality: WEST /BEV HILLS NORTH
  • Latitude: 34.1054
  • Longitude: -118.397

    Address

  • Full Address: 525 Arkell Dr
  • Address - House Number: 525
  • Address - Street Name: Arkell
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C065
  • 4-Digit Zip Code: 1905
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $128,206
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 02-444

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 67
  • Final Value: 5,299,998
  • High Value: 6,539,431
  • Low Value: 4,060,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,924,199
  • Assessed Land Value: $7,914,322
  • Assessed Improvements Value: $3,009,877

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Transaction ID: 11910148642
  • Current Sale Price: $10,900,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 61233
  • Previous Sale Recording Date: Feb 02, 2021
  • Previous Sale Contract Date: Jan 27, 2021
  • Previous Sale Amount: $10,500,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FJM PRIVATE MORTGAGE FUND LLC
  • Previous Mortgage Transaction Date: Feb 02, 2021
  • Previous Mortgage Loan Amount: $5,300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
6 Baths
6,500 ft²
$1,292/ft²
$8,399,000 Mar 2, 2023
-
-
House
4 Beds
4.5 Baths
6,179 ft²
$1,342/ft²
$8,295,000 Jan 13, 2023
-
-
House
5 Beds
6 Baths
-
$11,995,000 Oct 6, 2022
-
-

About Beverly Hills


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Frequently Asked Questions

When was property at 525 Arkell Drive built and last sold?
The property at 525 Arkell Drive was built in 1962 and last sold on Jan 27, 2023 for $10,900,000.
How much is this home worth?
The estimated value of the home located at 525 Arkell Drive is $10,098,990.
What are some comparable homes to 525 Arkell Drive?
There are currently no comparable homes to 525 Arkell Drive.

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