
Beverly Hills, California 90210
Analysis of 1012 Wallace, Beverly Hills, California 90210 is currently available with a list price of $38,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Beverly Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This iconic A. Quincy Jones architectural estate is in mint condition. Despite its mid-century origins, the property features a high-end renovation with modern linear HVAC diffusers, updated electrical systems with recessed lighting, and pristine, designer-grade bathrooms. The finishes and structural integrity appear flawless and 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 = 36255, living area = 5500.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Designed by legendary architect A. Quincy Jones, FAIA, this mid-century modern estate is an iconic piece of architectural history, offering immense prestige and collectible value.
At a list price of $38 million for 5,500 square feet, the property commands a significant premium that may challenge the valuation expectations of non-collector luxury buyers.
While the elementary and high schools are top-rated, the assigned middle school has a significantly lower rating (3/10), which may be a concern for families utilizing public education.
Iconic Trousdale mid-century modern estate designed by the legendary A. Quincy Jones, FAIA. Set on a nearly 1-acre flat lot, on one of the top 3 best promontory lots in Trousdale, with sweeping unobstructed city to ocean views and one of the biggest flat grassy lawns in Trousdale. Soaring ceilings, a floor plan that is perfect for entertaining, and one of the best views in Trousdale. Secured, private, and a very peaceful setting. Trousdale has a rare few gems, and an architectural marvel like this comes up once in a lifetime. Here is your chance to own a piece of history in the number one location in all of Los Angeles.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.7 mi
Grades K-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 6.0 | 5.0 | 56% |
| Square foot | 5,500 | 4,396 | 64% |
| Lot Size | 36,255 | 17,116 | 86% |
| Price | $38.00M | $6.40M | 97% |
| Price per sq ft | $6.9K | $1.4K | 98% |
| Built year | 0 | 1959 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 151 | 1% |
May 12, 2026
$38,000,000
Initial Listing
Jul 7, 2014
$17,955,179
Public Record