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
Listing Office:
Office Name: Rommy Shy
Office Email: rshy.realty@gmail.com
Listing Agent: Rommy Shy
Exterior Features
Exterior Information:
View: Bay, City Lights, Other, Mountain(s), Ocean
Lot Features
Lot Information:
Lot Size: 0.35 Acres
Other
Directions Information:
Directions: On Tower Grove Dr. just off Benedict Cyn
Price Information
Listing Price Info
Price Summary:
List Price: $6,800,000
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 in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24233067
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: 11/17/2024, 6:20:51 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+. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
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 land 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).
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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 home sits on a 0.35 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $6,800,000.
Beverly Hills, CA housing market in October 2024 saw over 5 listings sold above listed price, more than 2 sold at listed price and over 24 sold below. The inventory of homes for sale in Beverly Hills, CA between September 2024 and October 2024 increased by 12.9%. While the average time on the market in October 2024 was 65 days, the median list price was $3,211,000.
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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