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1501 Tower Grove Drive

Terry And Heather Dubrow Sell Beverly Hills Estate For $16.5 Million With Joshua Altman And Josh Flagg
SOLDSingle Family

Terry And Heather Dubrow Sell Beverly Hills Estate For $16.5 Million With Joshua Altman And Josh Flagg

1501 Tower Grove Drive

$16,500,000

$1,833/SF

Building Size

8,997 SF

Asset Type

Single Family

Closing

Aug 11, 2025

AI

The property involved in this transaction is a single-family home located at 1501 Tower Grove Drive in the Beverly Hills market. The estate spans 8,997 square feet and sits on a 6.13-acre lot. The sale price for the property was $16,500,000, representing a price per square foot of $1,834.

Summary of transaction details:

Josh Altman and Josh Flagg were the sellers' representatives for the transaction, while Christina Pope and Gary Reavis represented the buyers. The estate was sold at a reduced price from its original $25 million listing, indicating a potential loss from the sellers' previous purchase in 2023 for $16.1 million.

Players

Joshua Altman

Douglas Elliman

Broker

$577M

vol

42 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Compass
CompassBrokerage

Beverly Hills Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93