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$19,500,000

Beds
5
Baths
8.0
sq ft
6,083

1083 N Hillcrest Rd, Beverly Hills, CA 90210

1083 N Hillcrest Rd

Beverly Hills, CA 90210

  • 10 days on market
Perched in the exclusive Trousdale Estates of Beverly Hills, this iconic residence, originally designed by legendary architect Wallace Neff in 1956 for comedy great Groucho Marx, is a masterpiece of mid-century sophistication with modern enhancements. Behind private gates and lush hedges, a grand motor court welcomes you with space for over 10 cars, leading to a spacious three-car garage. A striking blend of Neff's signature horizontal lines, curved forms, and expansive glass walls defines the home's timeless exterior. Inside, terrazzo and walnut flooring set the stage for a refined yet inviting ambiance, while soaring ceilings create an open, airy feel throughout. At the heart of the estate, a state-of-the-art chef's kitchen, complete with an oversized island, flows effortlessly into a sunlit family room, where curved walls frame breathtaking city and ocean vistas. A sophisticated office, library, or home theater, wrapped in rich walnut paneling, provides a secluded retreat for work or entertainment. Set on an expansive 32,300 sq ft lot, the outdoor spaces are nothing short of spectacular. A heated pool and spa invite relaxation, while the tiled patio and fire pit offer the perfect setting for alfresco dining under the stars. Towering palm and lemon trees provide a lush backdrop, and a versatile sports court is ready for pickleball, basketball, or endless outdoor fun. A rare opportunity to own a true architectural gem in one of Beverly Hills' most sought-after enclaves.

Details

Property type

Single Family Residence

Est. home value

$19,723,577

Lot size

0.7421 acres

Price per sq ft

$3,206

Year built

1956

HOA

No

Price History

02/13/2025
CLAW

CLAW #25497567

Listed
$19,500,000
+36.36%
11/01/2017
CLAW

CLAW #17237228

Sold
$14,300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$9,650,860
Asking price
$19,500,000
Closing costs (~8% of asking)
-$1,560,000
Est. remaining loan balance
-$8,289,140
Cash to seller
$9,650,860

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Hsbc Bank Usa

Loan start date

August 2017

Original loan amount

$9,750,000

Est. remaining balance

$8,289,140

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Fares Fares and Tania Fares

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 6:40 PM

Listing updated: 02/21/2025 at 5:30 AM

Listed by: Lea Porter, The Beverly Hills Estates Phone #: (310) 626-4248

MLS: CLAW #25497567

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