For SaleRisky Deal51 days on market

1140 Summit Dr

1140 Summit Dr, Beverly Hills, CA 90210, Beverly Hills, CA 90210
$34,800,000
Estimate®:$31,348,300

Listing Price

Property image 1
1140 Summit Dr, Beverly Hills, CA 90210
Loc: Beverly Hills, CA
Days Listed
51
Tax Assessed
$4720k
Estimate®
$31348k
Market Rate
Lot Size
0.48 acres
Rent Estimate
$23,312/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

El Rodeo Elementary School

K-5
1.5 mi away
9

Beverly Vista Elementary School

6-8
2.3 mi away
9

Beverly Hills High School

9-12
2 mi away
Local Investment Market Context

Beverly Hills (Los Angeles County)

Typical Cap Rate: 3.0% - 3.8% · Avg Rent: $9,500 - $35,000+ · Median: $3,650,000 - $15,000,000+

View Beverly Hills Report

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modern architectural stylecontemporary mansionluxury real estateinfinity poolmulti-level balconyfloor-to-ceiling windowshillside propertytennis courtsleek exteriorexpansive decklush landscapingprivate estateindoor-outdoor flow

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
0.56%
Total ROI
-7.5%
Cash Flow
$-159,715/mo
DSCR
0.09
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-159,715/mo net cash flow with a 0.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Prime residential location in Beverly Hills, CA
  • • Long-term capital appreciation corridor
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-17Listed for sale$34,800,000$2,936
2026-08-02Listing removed$175,000$15
2026-05-23Listing removed$34,800,000$2,936
2026-03-28Listed for rent$175,000$15
2026-03-24Price change$34,800,000$2,936
2026-01-06Listed for sale$36,888,888$3,112
2025-12-07Listing removed$175,000$15
2025-10-30Price change$175,000$15
2025-08-05Listed for rent$200,000$17
1996-10-17Sold$550,000$46

Tax History

YearProperty TaxTax Assessment
2026$0$4,720,342
2025$56,136.87$4,627,787
2024$54,825.83$4,537,047
2023$53,836.23$4,448,086
2022$52,293.98$4,360,869
2021$29,560.3$2,475,363
2020$29,459.92$2,449,982
2019$29,459.92$2,401,944
2018$27,510.58$2,354,848
2017$27,510.58$2,308,676
2016$26,863.66$2,263,409
2015$26,388.58$2,229,412
2014$24,427.9$2,185,742
2012$0$2,133,202
2011$0$2,091,375
2010$0$2,075,745
2009$0$2,080,677
2008$0$2,039,880
2007$0$1,999,883
2006$0$1,960,671
2005$0$1,960,671
2004$0$1,884,538
2003$0$1,850,000
2002$0$1,713,179
2000$0$1,646,656
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
8
Sq Ft
11,852

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