Beverly Park, Los Angeles

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Not to be confused with Beverley Park, New South Wales.
North Beverly Park as seen from a ridge overlooking it near San Ysidro Drive.
The Beverly Park gatehouse at Summitridge

Beverly Park, divided into North Beverly Park and South Beverly Park, is a private gated community in the hills above Los Angeles, California. This wealthy neighborhood is known for its concentration of exceptionally large houses, up to 40,000 square feet (3,700 m2), and for its famous residents. The communities carry a Beverly Hills Post Office address (90210 ZIP Code), but are located within the city of Los Angeles. The neighborhood is located between Mulholland Drive and Sunset Boulevard and Coldwater Canyon Drive and Beverly Glen Boulevard, east of the Beverly Glen neighborhood.[1]

North Beverly Park, with a main entrance at 13100 Mulholland Drive, is the larger 64-home section and has the largest homes; South Beverly Park consists of 16 homes.[1]

History[edit]

Established in 1990, the 250-acre (100 ha) community was built by Los Angeles developers Elliot Gottfurcht and Brian Adler using land that was originally intended to be a golf course named after Dean Martin.[2][3] Alder used the concept of having guards and gates to distinguish the neighborhood from the other top Westside neighborhoods, Beverly Hills, Holmby Hills, and Bel-Air.[1] It originally contained 64 two-acre (0.8 ha) lots, a 4-acre (1.6 ha) landscaped park, and over 100 acres (40 ha) of open space; a number of adjacent lots have been purchased and combined for larger estates. The vacant lots originally sold for US$500,000 to $4.5 million each, but the prices have since increased substantially.

The neighborhood residents abide by a 70-page homeowners' covenant that includes a minimum building size: "No dwelling shall be constructed or maintained on any residential lot which has a floor area less than 5,000 square feet (464 m²)." The price of a complete house starts at approximately $10 million for the smaller houses and can exceed $30 million for the largest houses. As of June 5, 2012, there are no houses for sale publicly in Beverly Park. However, there may be properties for sale in the community that are privately listed, also known as pocket listings in the real estate community. The highest known sale price in Beverly Park occurred in September 2008, when construction tycoon Ron Tutor paid approximately $32.2 million for an unfinished 27,000-square-foot home in North Beverly Park.[4] The second-highest sale occurred in April 2009, when a Ukrainian buyer paid $31.5 million for another 27,000-square-foot home in North Beverly Park.[5]

As of June 2012, there are a total of 71 estates in both North and South Beverly Park and an additional two lots on which construction has yet to begin. According to property records, the smallest home in the community is 28 Beverly Park Terrace, which spans 7,631 square feet.[6] The largest home is 41 Beverly Park Circle, which spans 28,887 square feet and also includes a 4,873-square-foot guesthouse.[7]

At least three residents of Beverly Park own more than one estate in the community. One of these is fashion designer Bruce Makowsky, who owns three separate estates that he purchased for a total in excess of $53 million.[8]

In May 2008, residents of South Beverly Park sued the North Beverly Park Homeowners Association over access to the north's two gates at Mulholland Drive after access was restricted in 2007. Residents of South Beverly Park could use the gate, but their contractors, nannies, and gardeners were forced to use the south's gates, which, due to the remoteness of the neighborhood, could require a detour of up to seven miles (11 km). The dispute arose in March 2006 when the north's Homeowners Association sent the south's homeowners a letter demanding that they "pay their fair share of costs we [the north association] are incurring for maintenance of the roads, gates, and security" for an amount specified at $121,000 a year. The south's residents rejected the demand, and a series of legal correspondence followed that resulted in the north's raising the amount it sought to $128,000. In May 2007, the north informed the south neighbors that their relatives, "staff, vendors, and guests" would no longer be allowed to enter the north's gates at Summitridge and Mulholland Drives.[1] On January 13, 2009, Judge Norman P. Tarle ruled in favor of the South Beverly Park Homeowners Association, giving them the right to regain full use of the northern gates and their friends, guests, vendors, and staff would no longer have to take the seven-mile detour. The North Beverly Park HOA later filed an appeal to the decision, but the judgment was affirmed.[9]

After their lawsuit was won, the South Beverly Park residents were awarded a post-judgment order by the court system, entitling them to compensation from the North's Homeowners' Association for attorney fees and costs totalling $826,926.13. The North Beverly Park HOA filed an appeal to this post-judgment order as well, but again lost when the judgment was affirmed in late 2011.[10] This finally ended a nearly five-year legal battle, with the north losing every round.

Security and crime[edit]

Due to the community's high-profile residents and multi-million dollar estates, the neighborhood is equipped with the latest in security technology, including three 24/7 guard-gated entrances and numerous security cameras. Through the Homeowners' Associations, residents also pay for the area to be constantly patrolled by armed guards. HOA fees per residence run $2,050 per month in South Beverly Park and $2,200 per month in North Beverly Park.[11][12] In addition to this, many residents hire their own private security teams to protect their personal property. A selling point of the homes in Beverly Park is the extremely high level of security.[13]

Despite these precautions, there have been rare but occasional instances of crime. In February 2007, the Beverly Park home of Tim McGraw and Faith Hill was burglarized. Police stated that the method of entry was believed to be a broken window and an unspecified amount of money was missing.[14] In February 2010, resident Lisa Vanderpump's $200K Bentley was stolen from her driveway during the night and driven off a nearby cliff.[15] Former residents Robert and Jeannette Bisno claimed that their gardens had been toilet-papered, trampled, and strewn with debris in 2004, though there was speculation this may have been the doing of another resident(s), as the Bisnos were involved in a dispute with their Homeowners' Association over a sculpture at the time.[16]

In June 2012, the mansion at 50 Beverly Park Way (currently owned by Russian-Armenian businessman Albert Avdolyan) caught fire, requiring over 100 firefighters to contain the blaze and causing more than $1 million in damages. According to an LAFD spokesman, the fire was not arson and was accidentally started by a construction crew who were waterproofing the home at the time.[17]

Residents[edit]

Because of its seclusion and security, the neighborhood is popular among wealthy celebrities and business executives. The residents of Beverly Park have included:

References[edit]

Notes[edit]

  1. ^ a b c d e f g h i j k l m n Martha Groves (November 20, 2008). "Hollywood stars sue over access to a neighborhood gate". Los Angeles Times. Retrieved November 20, 2008. 
  2. ^ Mathis Chazanox, Developers Tailor $100 Book for Estate-of-the-Art Advertising : Beverly Park: Houses in an unfinished project below Mulholland Drive are ranked with elegant mansions., The Los Angeles Times, November 12, 1989
  3. ^ Beverly Hills Developer Offers Land and Dreams, The New York Times, October 7, 1984
  4. ^ http://www.bergproperties.com/blog/building-contractor-ron-tutors-purchase-price-revealed-in-beverly-hills-cas-beverly-park-area-tutor-paid-322m-and-not-the-367m-that-the-wall-street-journal-had-reported-for-his-massive/
  5. ^ http://realestalker.blogspot.com/2009/04/big-deal-in-beverly-park.html
  6. ^ http://www.zillow.com/homedetails/28-Beverly-Park-Ter-Beverly-Hills-CA-90210/20533632_zpid/
  7. ^ http://www.zillow.com/homedetails/41-Beverly-Park-Cir-Beverly-Hills-CA-90210/20533586_zpid/
  8. ^ http://realestalker.blogspot.com/2012/07/bruce-makowsky-budding-real-estate.html
  9. ^ http://www.leagle.com/xmlResult.aspx?xmldoc=in%20caco%2020100819021.xml&docbase=cslwar3-2007-curr
  10. ^ http://www.leagle.com/xmlResult.aspx?xmldoc=In%20CACO%2020110801008.xml
  11. ^ http://www.redfin.com/CA/Beverly-Hills/3-Beverly-Park-90210/home/6834157z
  12. ^ http://www.redfin.com/CA/Beverly-Hills/34-Beverly-Park-Cir-90210/home/6834133
  13. ^ Avins, Mimi (November 22, 2003). "A villa in search of rich and famous". Chicago Tribune. 
  14. ^ http://www.people.com/people/article/0,,20011781,00.html
  15. ^ http://abclocal.go.com/kabc/story?section=news/entertainment&id=7259632
  16. ^ Waxman, Sharon (July 2, 2006). "Paradise Bought in Los Angeles". The New York Times. 
  17. ^ http://www.dailynews.com/news/ci_20979448/beverly-hills-mansion-fire-causes-more-than-1
  18. ^ Rohleder, Anna (January 5, 2001). "Eddie Murphy Meets His New Neighbors". Forbes.com. Retrieved July 5, 2006. 
  19. ^ Smart, Gordon (2008-10-11). "Let Me Entertain You in my £12m pad". The Sun (London). Retrieved 2008-10-11. 
  20. ^ Lauren Beale, Norm Zada sells his Beverly Park compound, Los Angeles Times, December 1, 2010, accessed May 8, 2011.

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