Score
0Beverly Hills, CA
410 Trousdale Pl
68.0M
5 beds
10 baths
18,000 sqft
5 bd • 10 ba • 18,000 sf
This analysis was generated on 2/9/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$68,000,000
Price/Sq.Ft
$3,778
Year Built
2016
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Prime Trousdale Estates Location: Situated on a two-acre promontory, the property offers unobstructed panoramic views of the Los Angeles Basin, from downtown to the sea. This coveted location is considered one of the best in Trousdale Estates, a prestigious neighborhood known for its celebrity residents and architectural estates.
• Unique Architectural Design: The poured-in-place concrete construction and industrial accents create a bold and contemporary aesthetic that sets the property apart from traditional Beverly Hills mansions. This distinctive design makes it a true work of art.
• High-End Amenities: The property boasts a comprehensive array of luxury amenities, including a state-of-the-art theater, bar, gourmet kitchen, chef's kitchen, gym, elevator, and wine cellar. These features cater to the most discerning tastes and lifestyles.
• Strong School District: The property is located within the highly-rated Beverly Hills Unified School District, offering access to top-tier public schools such as Hawthorne Elementary (8/10 rating), Beverly Vista Elementary (8/10 rating), and Beverly Hills High School (8/10 rating).
• Significant Price Appreciation: The property was purchased for $19,900,000 in 2009 and is now listed for $68,000,000, representing a 241.7% increase in value. This demonstrates the potential for significant appreciation in the Beverly Hills luxury real estate market.
The Bad
• High Price per Square Foot: At $3,777.78 per square foot, the property commands a premium price compared to the Beverly Hills average of around $2,500 - $3,000 per square foot. This premium reflects the property's unique design, location, and amenities, but may deter value-conscious buyers.
• Limited Outdoor Green Space: While the property features an infinity pool and entertainment areas, the landscaping is primarily hardscape, with minimal grassy areas. This may be a drawback for buyers seeking expansive lawns or gardens.
• Air Quality Risk: The "Major" air quality risk (5/10) and 7 bad air days per year could be a concern for individuals with respiratory sensitivities. Installing advanced air filtration systems may be necessary.
• Days on Market: The property has been on the market for 237 days, which is above the average for luxury homes in Beverly Hills. This could indicate a mismatch between the asking price and market demand or a limited pool of qualified buyers.
The Ugly
• High Insurance Costs: The estimated annual insurance cost of $244,800 is exceptionally high, reflecting the property's value, unique construction, and potential risks associated with fire and air quality. This expense significantly increases the overall cost of ownership.
• Moderate Fire Risk: A fire risk score of 4/10 necessitates recommended insurance coverage. While not the highest level of risk, the potential for wildfires in the area should be carefully considered, and appropriate safety measures implemented.
• Heat Risk: A "Major" heat risk (5/10) and 4 hot days per year may require significant energy consumption for cooling, adding to the property's operating expenses.
• Potential for Limited Natural Light: While the property description mentions rooms bathed in natural sunlight, the poured-in-place concrete construction and industrial accents may limit the amount of natural light in certain areas. This could create a darker and less inviting atmosphere in some rooms.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Ultra-High-Net-Worth Individuals: The property's price point and unique architectural design cater to buyers seeking exclusivity and a statement property in one of the world's most prestigious neighborhoods.
• Art and Architecture Enthusiasts: The poured-in-place concrete construction and industrial accents will appeal to those who appreciate avant-garde design and unique architectural statements.
• Entertainment Industry Executives: The property's state-of-the-art theater, bar, and expansive entertainment areas are ideal for hosting large-scale events and private screenings. The proximity to major studios and industry hubs is also a plus.
• Collectors of Trophy Properties: This residence is a one-of-a-kind masterpiece that cannot be replicated, making it a valuable addition to any discerning collector's portfolio. Its promontory location and unobstructed views further enhance its desirability.
Not For
• Budget-Conscious Buyers: The property's multi-million dollar price tag and high ongoing expenses make it unsuitable for buyers with limited financial resources.
• Buyers Seeking a Traditional Home: The contemporary design and industrial accents may not appeal to those who prefer classic or conventional architectural styles.
• Buyers Prioritizing Low Maintenance: The large property size, extensive landscaping, and unique construction materials require significant upkeep, making it less ideal for buyers seeking a low-maintenance residence.
• Families Requiring Extensive Outdoor Space: While the property boasts a pool and entertainment areas, the focus is primarily on the architectural design and interior amenities, potentially limiting the appeal for families who prioritize large, grassy yards or play areas.
Demographics
Area Median Income
$154,740
Property History
Price History
Ownership Timeline
$0Cash Purchase
Dec 17, 2014Michael E Kassan, Ronnie Phyliss KassanThe Kassan Family Trust, Ronnie Phyliss Kassan
Intrafamily Transfer
Non-Arm's Length Transactions
$0Financed
Dec 17, 2014Michael E Kassan, Ronnie Phyliss KassanMichael E Kassan, Ronnie Phyliss Kassan
Intrafamily Transfer
Non-Arm's Length Transactions
$5,975,059Financed
Nov 29, 2012Tonny SorensenMichael E Kassan, Ronnie Phyllis Kassan
Grant Deed
Standard Sale (Purchase/Resales)
$0Financed
Feb 4, 2004Nick Fulford, Heidi FulfordTonny Sorensen
Grant Deed
Standard Sale (Purchase/Resales)
$3,100,000Cash Purchase
Dec 23, 2002Hawan Khanbabapour, Fatemeh KhanbabapourNick Fulford, Heidi Fulford
Grant Deed
Standard Sale (Purchase/Resales)
$0Financed
Nov 1, 2002Hassan KhanbabapourHassan Khanbabapour, Fatemeh Khanbabapour
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Nov 12, 1999Mostafa MirahmadiKmp Capital Inc
Gift Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jan 25, 1999Anna MirahmadiMostafa Mirahmadi
Intrafamily Transfer
Non-Arm's Length Transactions
$1,250,000Financed
Jan 6, 1999Norman Rasmussen, Carole Lynn ComptonMostafa Mirahmadi
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
May 8, 1998Wells Fargo Bank N A Tr , Bank Of America Nt&SaNorman Rasmussen, Carole Lynn Compton
Correction Deed
Non-Arm's Length Transactions
Property Taxes
$492,906
2024 Tax Assessment
1.9%from previous year
Assessed Value$40,987,548
Tax Rate1.20%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
6.0/10
GoodMiddle
5.6/10
AverageHigh
5.6/10
AverageFinancials
Monthly Costs
Market Rent (5 bed)
Get a detailed estimate on Zillow$2,300
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$68,000,000
Price/sqft
$3,778
Layout
5 bd•10 ba
Days on market
236 daysat time of analysis
Stats in the Area
Based on 1 comparable properties nearby
Average Price
$24,000,000
183.3%
Your price is 183.3% above average
Median Price
$24,000,000
183.3%
Based on 1 recent sales
Price per Sq.Ft
N/A
No price per sq.ft data available
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1380 Mockingbird, Los Angeles, CA 90069 | $24,000,000 | N/A | 6 | 11 | N/A | 10/10/2024 |
1380 Mockingbird, Los Angeles, CA 90069
Price: $24,000,000
Sq.Ft: N/A
Beds/Baths: 6/11
$/Sq.Ft: N/A
Sale Date: 10/10/2024
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