Great opportunity for developer/builder to complete construction of an 8500 square-foot custom luxury home in Beverly Hill PO! Framing, foundation, caissons and full set of plans have been completed under a valid building permit. Lot features great city views and 2 pools. Estimated sales price as completed is $20 million with approximately $4 million needed to complete the house. Seller will consider carrying up to 80% first position loan (not subordinate to construction loan) or a joint venture with a qualified developer that will invest $2 million.
Property Details
Property Features
Property Information:
Year Built: 2024
Stories: 4
Living Area: 8,500 SqFt
Listing Office:
Office Name: Rommy Shy
Office Email: rshy.realty@gmail.com
Listing Agent: Rommy Shy
Interior Features
Interior Information:
Interior: Bedroom on Main Level, Primary Suite
Fireplace: Living Room, Primary Bedroom
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: Yes
View: City Lights, Other, Hills, Ocean
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Lot Features
Lot Information:
Lot Size: 0.35 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: On Tower Grove Dr. just off Benedict Cyn.
Price Information
Listing Price Info
Price Summary:
List Price: $6,800,000
Price Per SqFt: $800/SqFt
Tax Information:
Annual Amount: $34,882
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Beverly Hills, CA.
This property is $3.5M more than the Median Sold Price and $225/SqFt less than other homes in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24237213
Listing Office:
Office Name: Rommy Shy
Office Email: rshy.realty@gmail.com
Listing Agent: Rommy Shy
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 30, 2014
Dec 30, 2014Home Sold
$2,575,000
Feb 24, 1995
Feb 24, 1995Home Sold
$152,965
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$34,882
$2,905,489
2020
$33,720
$2,875,698
2019
$33,544
$2,819,313
2018
$32,815
$2,764,034
2017
$32,815
$2,709,838
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Warner Avenue Elementary
615 Holmby Ave
Distance between this listing and this school1.93 miles
Public District Grades KG-5
9
/10
West Hollywood Elementary
970 Hammond St
Distance between this listing and this school2.24 miles
Public District Grades KG-5
9
/10
Community Magnet Charter Elementary School
11301 Bellagio Rd
Distance between this listing and this school2.36 miles
Public Charter Grades KG-5
Nearby Schools
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school1.74 miles
Public District Grades KG-8
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school2.88 miles
Public District Grades KG-8
6
/10
Emerson Community Charter
1650 Selby Ave
Distance between this listing and this school3.01 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school2.54 miles
Public District Grades 9-12
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school3.64 miles
Public Charter Grades KG-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school3.86 miles
The neighbors living near this home have an average income of $179,755. Most Beverly Hills, CA residents have annual incomes $200k+. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1371 Tower Grove Dr
What is the listing price of this property?
The listing price of 1371 Tower Grove Dr property is $6,800,000.
What type of property is this?
The property 1371 Tower Grove Dr is a house located in Beverly Hills, California, 90210.
Is this property for sale now?
Active Listing: 1371 Tower Grove Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $34,882 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 30, 2014 for $2,575,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1371 Tower Grove Dr has 4 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 1371 Tower Grove Dr is 8,500 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1371 Tower Grove Dr is 2024.
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This home is located at 1371 Tower Grove Dr in Beverly Hills, CA and zip code 90210 in the Beverly Crest neighborhood. This 8,500 square foot home, which was built in 2024, sits on a 0.35 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $6,800,000.
Beverly Hills, CA housing market in November 2024 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 28 sold below. In November 2024 in Beverly Hills, CA there were 3.7% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $3,260,333, while the average time on the real estate market was 61 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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