1116 Calle Vista Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 3 bath
1116 Calle Vista Drive
Beverly Hills, California 90210
Property Price
SUMMARY
Analysis of 1116 Calle Vista Drive, Beverly Hills, California 90210 reveals a property with a current list price of $9,995,000, which is 8% above the estimated $9,122,988 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1116 Calle Vista Drive Subject | $9,995,000* List Price | 3 | 3 | 3,038 | $3,003 | - |
A 717 N Alta Drive Sold | $9,600,000 | 5 | 5 | 3,752 | $2,559 | 0.7 mi |
B 1119 Schuyler Road Active | $12,800,000 List Price | 4 | 4 | 3,292 | $3,888 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1951, this 'Charming Tudor' is explicitly described as having a 'Dated Structure & Renovation Needs' and 'likely requires extensive modernization or a complete rebuild.' While the exterior appears maintained, the property's age and the analysis suggesting it's a 'land acquisition for a larger custom build' indicate that the existing 3,038 sqft home requires substantial repairs and rehabilitation of major systems to meet contemporary standards, especially for its prestigious Beverly Hills location and nearly $10 million price point. No interior images are provided, but given the age and overall assessment, the kitchen and bathrooms are almost certainly very outdated and would require full renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Unrivaled Location
Situated in the prestigious Estate Section of Beverly Hills, North of Sunset, on Calle Vista—one of the area's most coveted streets, within the iconic 90210 zip code.
- Significant Development Opportunity
The property offers substantial potential for redevelopment, especially with the option to acquire the adjacent parcel, making it highly attractive to developers or those seeking to build a custom estate.
- Expansive Lot Size
Boasting over half an acre (22,324 sqft), this large lot provides ample space for a grand residence, extensive landscaping, and privacy, a rare commodity in this exclusive market.
CONSRISKS & DEFICIENCIES
- Dated Structure & Renovation Needs
Built in 1951, the existing 'Charming Tudor' likely requires extensive modernization or a complete rebuild to align with contemporary luxury standards expected in this price bracket and location.
- Modest Existing Home Size
With 3,038 sqft, the current residence is relatively small for a half-acre lot in Beverly Hills, suggesting that most buyers at this price point will likely view it as a land acquisition for a larger custom build.
- High Entry Price Point
The nearly $10 million asking price targets a very specific, affluent buyer demographic, which could potentially narrow the pool of interested parties compared to properties with a lower entry barrier.
About 1116 Calle Vista Drive
Charming Tudor in prestigious Estate Section of Beverly Hills. Over 1/2 acre, North of Sunset. Rare offering on Calle Vista - one of the best streets in Beverly Hills. May be sold together with 1118 Calle Vista. Potential development opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 22,324 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Beverly Hills Unified Schools
West Hollywood Elementary School
Grades K-5 • 1.1 mi
Rosewood Avenue Elementary School, School for Advanced Studies
Grades K-6 • 2.0 mi
Warner Avenue Elementary School
Grades K-5 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 5.0 | 22% |
| Baths | 3.0 | 5.0 | 21% |
| Square foot | 3,038 | 3,708 | 33% |
| Lot Size | 22,324 | 17,757 | 70% |
| Price | $9.99M | $5.25M | 75% |
| Price per sq ft | $3.3K | $1.2K | 98% |
| Built year | 1951 | 1960 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 658 | 210 | 99% |
Pricing History
Listed for Sale
May 17, 2024
$9,995,000
Initial Listing
Sold
Mar 17, 2022
$9,500,000
Public Record
Sold
Jul 11, 2014
$6,000,060
Public Record