
Beverly Hills, California 90210
This Legacy Development Asset is listed at $17,995,000, representing a premier acquisition in the prestigious Beverly Hills Flats. Currently holding a Condition Score of 5, the partially gutted Spanish Colonial serves as a world-class canvas on an expansive 1-acre flat lot. The property includes a pool and spa and is situated moments from the Beverly Hills Hotel, within the district of Top-Rated Schools like Beverly Hills High. This significant value-add project is an unparalleled opportunity for Luxury Developers or Visionary Owner-Users looking to design a custom world-class compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1003 Benedict Canyon Drive Subject | $17,995,000* List Price | 6 | 5 | 6,412 | $2,806 | - |
A 1025 N Crescent Drive Active | $19,995,000 List Price | 5 | 6 | 5,619 | $3,558 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property, built in 1926, is explicitly described as 'partially gutted' with 'much of the interior removed' in preparation for a comprehensive renovation. Images confirm this, showing exposed studs, joists, wiring, and unfinished floors throughout. There are no functional kitchens or bathrooms, and the interior is essentially a construction site. While the exterior structure appears sound, the interior requires substantial rehabilitation and extensive system replacements, making it unlivable in its current state and far from move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39842, living area = 6412.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the highly coveted Beverly Hills Flats, north of Sunset Blvd., this property offers unparalleled access to iconic landmarks like the Beverly Hills Hotel and Rodeo Drive, ensuring prestige and convenience.
The property is 'partially gutted' with much of the interior removed, requiring a comprehensive and substantial renovation, which will entail significant additional costs and project management.
The need for a full renovation means considerable financial outlay beyond the purchase price and a lengthy construction period, limiting immediate occupancy and requiring a specific type of buyer.
Due to its 'as-is' and gutted condition, the property is not move-in ready, making it unsuitable for buyers seeking immediate habitation and narrowing the potential buyer pool.
A Legacy Estate with Limitless Potential. A rare opportunity to own a piece of prime Beverly Hills. Built in 1926, this distinguished Spanish Colonial captures the romance and craftsmanship of Old Hollywood-era architecture, situated on an expansive approximate 1-acre lot in the coveted Beverly Hills Flats, north of Sunset Blvd. The residence has been partially gutted and is being offered in its current condition. Much of the interior has been removed in preparation for what was intended to be a comprehensive renovation. This presents a compelling opportunity for a discerning buyer to control the final vision, design, and execution of a custom estate; whether it be restoring the existing home or reimagining the property entirely. With its extraordinary lot size, flat terrain, and prime location, the property offers a once-in-a-generation canvas to design a world-class compound, blending historic charm with contemporary luxury. Surrounded by mature landscaping, this property invites a visionary buyer to honor the past while shaping the future. Just moments from the Beverly Hills Hotel, Rodeo Drive, and the city's most celebrated dining and cultural destinations, this is an offering of rare scale, pedigree, and possibility. A timeless address. A storied past. An unparalleled opportunity to create the next great Beverly Hills estate.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.7 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 5.0 | 76% |
| Baths | 5.0 | 5.0 | 50% |
| Square foot | 6,412 | 4,403.5 | 72% |
| Lot Size | 39,842 | 18,824 | 86% |
| Price | $18.00M | $6.80M | 88% |
| Price per sq ft | $2.8K | $1.4K | 95% |
| Built year | 1926 | 1959 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 197 | 18% |
Jan 29, 2026
$17,995,000
Initial Listing
Sep 13, 2021
$15,750,000
Public Record
Oct 17, 2016
$10,400,000
Public Record