$9,300,000
●
House -
Off Market
714 N ALTA Drive
Beverly Hills, CA 90210
4 Beds
4 Baths,
1
Half Bath
4,321 Ft²
$10,751,972
RealtyHop Estimate
43.47%
Since Mar 1, 2020
CA-Los Angeles
Primary Model
About This Property
Incredible opportunity to build a new spectacular residential
estate or completely renovate the present home on a prime, fully
usable 22,800 SF lot. This gate 4321 sq ft CA Ranch
style home is decorated with beautiful moldings and custom
fireplaces throughout, and combines charm with the very best
in California living. Each of the generously-sized bedrooms
are en-suite, while the grand master suite boasts a fireplace,
2-walk-in closets, bath with jacuzzi, steam shower & French doors
that lead to private backyard. The Gourmet chef's kitchen featuring
Stainless Steel appliances, stunning center eating island, and
breakfast area all open to an amazing loggias, resort
style pool& spa and charming outdoor spaces. The indoor
outdoor flow provides the perfect way to entertain in the So Cal
lifestyle.
Unit Size
4,321 Ft²
Days on Market
19 days
Land Size
-
Price per sqft
$1,734
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #20544910)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Listed by Carolwood Estates | $32,500,000 | |
| Listed by Carolwood Estates | |||
| | |||
|
"Style and Substance" Brand new 2024 construction white brick Traditional designed by Ken Ungar. The perfect floor plan in the perfect Beverly Hills location. Soaring 11ft ceiling heights throughout main floor, two-story entry foyer, gracious formal living/dining rooms for entertaining. Gourmet show kitchen and incredible open concept living area flow seamlessly to manicured gardens. Wood paneled office. Primary suite features: sitting room, patio, dual baths in book-matched slab marble and large closets. 8 additional bedrooms all ensuite. Additional features include: screening room, gym/wellness area, lower level game room with bar, wine cellar for over 1,800+ bottles, chef's kitchen, 4-car garage, separate guest house, elevator, European white oak floors throughout and home automation. Pool area with outdoor kitchen and fire pit. A rare opportunity to own a brand-new classic!
| |||
| Feb 5, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by Nourmand & Associates-BH | $7,494,000 | |
| Listed by Nourmand & Associates-BH | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Beverly Hills
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Listed by: Rochelle Maize, Nourmand & Associates-BH
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20544910
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20544910
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