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9911 Tower Lane
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2026 | Listed by Coldwell Banker Realty | $8,995,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $17,945,000 | |
| Listed | |||
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Presenting a sophisticated development opportunity located on one of the most prestigious streets in Beverly Hills. Tower Lane is revered for its exclusive and private location. This over half an acre estate site features a long driveway approach and views of the city lights below. The offering includes the full set of city approved architectural plans, civil, structural, MEP and interior design set of drawings and renderings for a magnificent approx. 17,000 square foot, 9 bedroom estate. Featuring an indoor/outdoor open floor plan with entertainers living and family rooms and kitchen, luxurious master retreat with dual baths and walk in dressing rooms, custom designed theater, personal gym, wine cellar, elevator, day-light full basement plus 5 car underground parking. Additional state-of-the-art amenities include smart home technology and multi-zone HVAC. Located minutes from downtown Beverly Hills affording the quintessential California lifestyle. The manager has listed the unit size as 17000 square feet.
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017