1 year on rocket

1551 Summitridge Dr, Beverly Hills, CA, 90210

$2,495,000

0.22 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewIsland, Other, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Trees/Woods, Water
MLS #OC23192597
Lot Size0.22 Acres
StatusActive

About 1551 Summitridge Dr

With stunning views of the Pacific Ocean and the Westside, this rare opportunity to purchase an RTI development site in 90210 allows an investor to bring a high-end custom product to one of the most desirable residential markets in the world. The finished product provides ample entertainment areas as well as a main level pool with breathtaking views, perfect for the area's demographics.

Property Details

Property Features

Listing Office:

  • Office Name: Parham Khoshbakhtian, Broker
  • Office Email: Parham.khoshbakhtian@cbre.com
  • Listing Agent: Parham Khoshbakhtian

Exterior Features

Exterior Information:

  • View: Island, Other, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Trees/Woods, Water

Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 0.22 Acres

Other

Directions Information:

  • Directions: Summitridge & Solmonie

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000

Tax Information:

  • Annual Amount: $27,058
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Beverly Hills, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,025

Avg. Days On Market

61

# of Sold Homes

35

1551 Summitridge Dr vs Beverly Hills

428 DAYS ON ROCKET

+367 Days

$2,495,000

-$765.3K Less

KEY TAKEAWAY

This property is $765.3K less 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: #OC23192597

Listing Office:

  • Office Name: Parham Khoshbakhtian, Broker
  • Office Email: Parham.khoshbakhtian@cbre.com
  • Listing Agent: Parham Khoshbakhtian

IDX 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, 6:20:58 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

Aug 31, 2018Home Sold
$2,025,000
Oct 16, 2017Home Sold
$1,010,000
Jan 25, 2013Home Sold
$55,000
Apr 10, 2008Home Sold
$330,000
Apr 10, 2008Home Sold
$780,000

Tax History

YEARPROP. TAXASSESSMENT
2021$27,058$2,200,463
2020$24,144$2,065,500
2019$25,719$2,025,000
2018$29,419$2,125,000
2017$29,419$2,440,389

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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.

Nearby Schools

school-card-donut-4427283
9
/10
  • West Hollywood Elementary

  • 970 Hammond St

  • 2.05 miles

  • Public District Grades KG-5

school-card-donut-4427284
8
/10
  • Warner Avenue Elementary

  • 615 Holmby Ave

  • 2.17 miles

  • Public District Grades KG-5

school-card-donut-4427285
9
/10
  • Wonderland Avenue School

  • 8510 Wonderland Ave

  • 2.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $179,755. The majority of Beverly Hills, CA residents have income $200k+ annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1551 Summitridge Dr

What is the listing price of this property?

The listing price of 1551 Summitridge Dr property is $2,495,000.

What type of property is this?

The property 1551 Summitridge Dr is land located in Beverly Hills, California, 90210.

Is this property for sale now?

Active Listing: 1551 Summitridge 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 $27,058 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2018 for $2,025,000. (source: MLS/tax record).

How much acreage is this property?

The property 1551 Summitridge Dr is 0.22 acres.
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Rocket HomesCaliforniaLos Angeles CountyBeverly Hills902101551 Summitridge Dr

This home is located at 1551 Summitridge Dr in Beverly Hills, CA and zip code 90210 in the Beverly Crest neighborhood. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since October 16, 2023 and is currently priced at $2,495,000.

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.

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