See Home Value
$10,995,000*
House - Off Market

702 N Rodeo Dr

Beverly Hills, CA 90210
bedrooms
5 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
6921 Sqft
$9,896,000 - $12,094,000
Reference Base Price*
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model
Sold Nov 01, 2023
$10,550,000
$6,857,500 by Bmo Bank Na
Mortgage Due Nov 01, 2053
Sold Mar 04, 2020
$8,750,000
$4,375,000 by Pmf Ca Reit Llc
Mortgage Due Aug 01, 2020

About This Property

Situated in Beverly Hills' esteemed 700 block of North Rodeo Drive, this celebrity compound radiates luxury on a sprawling 17,000 square foot corner lot. Meticulously landscaped, the property exudes a tropical resort ambience, complete with a pristine tiled pool, spa, adjoining gym and office. The estate boasts a separate guest house and a state-of-the-art recording studio, recognized for hosting rock legends. With parking for 8+ vehicles and multiple access points, this gem is moments away from the heart of the Golden Triangle.

The manager has listed the unit size as 6921 square feet.
Unit Size
6,921Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$1,589
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 In contract -
In contract
Nov 3, 2023 No longer available -
No longer available
Nov 2, 2023 In contract -
In contract
Nov 1, 2023 Sold to Payam M Tehrani $10,550,000
Sold to Payam M Tehrani
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,998
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,400
  • Building Area: 4,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEVERLY HILLS
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEVERLY HILLS LOT/SEC 1 BLK/DIV/TWN 62

Ownership

  • Current Owner : TEHRANI PAYAM M
  • Previous Owner : 702 SYL LLC
  • Owner Before Previous Owner: VERMILLION INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700700

Zoning

  • Zoning: BHR1*

Geography

  • Assessors Map Reference: 33-B6
  • Parcel: 4344-024-001
  • Block: 62
  • Lot: 1
  • Municipality: WEST /BEV HILLS NORTH
  • Latitude: 34.076
  • Longitude: -118.411

    Address

  • Full Address: 702 N Rodeo Dr
  • Address - House Number: 702
  • Street Direction: N
  • Address - Street Name: Rodeo
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C015
  • 4-Digit Zip Code: 3210
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $107,826
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 02-410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,857,500
  • First Open Lien Mortgage Lender: BMO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $6,857,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,501,606
  • Assessed Land Value: $7,461,606
  • Assessed Improvements Value: $2,040,000

    Sales

  • Current Sale Contract Date: Oct 11, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Transaction ID: 11915330373
  • Current Sale Price: $10,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 748587
  • Previous Sale Recording Date: Mar 04, 2020
  • Previous Sale Contract Date: Feb 06, 2020
  • Previous Sale Amount: $8,750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO BANK NA
  • First Mortgage Transaction Date: Nov 01, 2023
  • First Mortgage Loan Amount: $6,857,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PMF CA REIT LLC
  • Previous Mortgage Transaction Date: Mar 04, 2020
  • Previous Mortgage Loan Amount: $4,375,000
  • Previous Mortgage Term: 4
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2020



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
8 Baths
5,054 ft²
$2,472/ft²
$12,495,000 Oct 25, 2023
-
-
House
4 Beds
5 Baths
3,704 ft²
$2,968/ft²
$10,995,000 Nov 13, 2023
-
-
House
7 Beds
8 Baths
7,200 ft²
$1,666/ft²
$11,995,000 Oct 31, 2023
-
-
House
2 Beds
1.5 Baths
3,476 ft²
$3,711/ft²
$12,900,000 Sep 25, 2023
-
-

About Beverly Hills


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Frequently Asked Questions

When was property at 702 North Rodeo Drive built and last sold?
The property at 702 North Rodeo Drive was built in 1922 and last sold on Oct 11, 2023 for $10,550,000.
How much is this home worth?
The estimated value of the home located at 702 North Rodeo Drive is $11,104,950.
What are some comparable homes to 702 North Rodeo Drive?
There are currently no comparable homes to 702 North Rodeo Drive.

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