Nearly $18 Million. $2,772 a Square Foot. Inside a Beverly Hills Off Market Sale.

Deal Box

Property: 613 North Roxbury Drive, Beverly Hills Flats

APN: 4345-021-007

Sale price: $17,995,000

Sale date: September 18, 2026

Sale type: Off market

City-permitted total area: About 6,492 square feet

Sale price per SF based on city-permitted total area: About $2,772

Price per SF of land: About $1,440

Lot size: About 12,500 square feet (0.29 acre). Sources differ slightly

Bedrooms: 5

Bathrooms: 5

Completed: 2026

Stories and garage: 2 stories, attached 2 car garage

Building permit: BS2501186, issued August 4, 2025, final August 24, 2026

Certificate of Occupancy: BS2504064, permanent, dated August 24, 2026, project 409966

Owner on the certificate: 613 Roxbury LLC

Builder: Build Lux Inc.

Architect: SIA Architectural Design Inc.

Declared permit valuation: $2,600,000. This is the number given for the permit. It is not the construction budget or the full project cost

Prior sale: $7,850,000 on August 26, 2022, per Redfin

Broker: Jordana Leigh, Christie’s International Real Estate Southern California

Source note: Square footage comes from page 1 of the city permit, not the certificate. The permit lists 3,146.32 square feet on the first floor and 3,320.01 on the second, for 6,466.33. Adding 25.46 square feet of first floor covered area makes 6,491.79. How the garage is counted has not been independently confirmed. This is permitted area, not verified living space. The certificate confirms the new house.

Operator Takeaway

The number that jumps out is $2,772 per square foot.

613 North Roxbury Drive sold off market for $17,995,000 on September 18.

The city permit information reviewed for this story shows about 6,492 square feet of total permitted area. Using that number, the sale comes to about $2,772 per square foot.

That is the highest price per square foot among the nearby sales reviewed here. I would not call it an all time record without a wider search. But it is a strong example of a finished home reaching the $2,500 to $3,000 range in the Flats.

Start with the land.

The property sold for $7.85 million in 2022. The lot is about 12,498 square feet.

That comes to $628 per square foot of land, including the old house.

This is why I pay attention to older homes on good lots. When the plan is to replace the house, much of what the buyer is paying for is the land.

The nearby sales in this story include older homes selling around $594, $571 and $700 per square foot of lot area. These are not vacant land sales, but they help show what buyers are paying to control a piece of the Flats.

Now work the deal backward.

For a simple construction estimate, I would use $1,000 per square foot.

On about 6,492 square feet, that is roughly $6.49 million to build.

Add the earlier $7.85 million purchase price and you get about $14.34 million.

Against the nearly $18 million sale, that leaves about $3.65 million.  .

Who is paying these prices?

In my conversations with brokers, I keep hearing about buyers from tech, personal injury attorneys and other wealthy people buying homes in Beverly Hills.

I also hear about billionaires buying additional homes for guests or as investments.

These are broker observations, not a count of every buyer. But they help explain the demand.

For some of these buyers, avoiding years of plans, permits and construction is worth a lot. They have the money. They want the location. And they want the house ready.

They are also buying into Beverly Hills.

Beverly Hills is its own city, with its own police department and city services.

My view is that concerns about safety and city services elsewhere in Los Angeles make that distinction more valuable to buyers.

Buyers want to feel comfortable on their street and confident in the city around them.

That is my takeaway from this sale.

A buyer paid nearly $18 million for a new home on about 12,500 square feet of land.

The house can be replaced. The location cannot.

Wealthy buyers keep competing for that limited land.  

What Else Sold Nearby