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$12,495,000

Beds
4
Baths
5.0
sq ft
6,341

1436 Summitridge Dr, Beverly Hills, CA 90210

1436 Summitridge Dr

Beverly Hills, CA 90210

  • 49 days on market
    • Open house Jul 02
Through the expansive gate and up the long, private driveway, uncover this renovated, enchanting contemporary estate nestled on nearly an acre of prime land. Positioned atop a scenic promontory lot, this secluded haven offers unparalleled privacy and views. Boasting exquisite furnishings, this exclusive retreat features 5 bedrooms, an office, a library, a spacious living room perfect for entertaining, a fully equipped gym complete with a spa and steam room, and a professional indoor sports court. With ample parking including a generous motor court and four covered spaces, as well as a stunning pool that offers sweeping views from Downtown to the Ocean, this property is just minutes away from Sunset Blvd. The architectural design showcases soaring ceilings, picturesque windows that flood the space with natural light, and tasteful finishes throughout. This extraordinary gem is sure to captivate the most discerning of buyers.

Details

Property type

Single Family Residence

Est. home value

$8,251,019

Lot size

0.8444 acres

Price per sq ft

$1,971

Year built

1956

HOA

No

Price History

05/13/2024
CLAW

CLAW #24386157

Listed
$12,495,000

Schools & Community

Neighborhood: 

Beverly Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

First Republic Bank

Loan start date

April 2022

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Credit Line (Revolving), 25 year

Seller

James T Demetriades and The James T Demetriades Family Trust

Lender

First Republic Bank

Loan start date

April 2022

Original loan amount

$24,000,000

Est. remaining balance

$23,049,806

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

James T Demetriades and The James T Demetriades Family Trust

Lender

First Republic Bank

Loan start date

December 2019

Original loan amount

$19,000,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Stand Alone Second

Seller

James T Demetriades and James T Demetriades Family Trust

Lender

First Republic Bank

Loan start date

March 2015

Original loan amount

$20,000,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Credit Line (Revolving)

Seller

James T Demetriades and James T Demetriades Family Trust

Lender

First Republic Bank

Loan start date

September 2012

Original loan amount

$15,000,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

Credit Line (Revolving)

Seller

James T Demetriades and James T Demetriades Family Trust

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: 07/01/2024 at 10:45 AM

Listing updated: 07/01/2024 at 10:13 AM

Listed by: Aaron Kirman, Christie's AKG Phone #: (424) 249-7162

MLS: CLAW #24386157

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