1150 Laurel Way, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 5 bath

1150 Laurel Way, Beverly Hills, California 90210 home-pic-0
ACTIVE$4,995,000
1150 Laurel Way, Beverly Hills, California 90210
3Beds
5Baths
2,882Sqft
19,865Lot
Year Built
1958
Close
-
List price
$5M
Original List price
$5.5M
Price/Sqft
$1,733
HOA
-
Days on market
-
Sold On
-
MLS number
24386603
Home ConditionPoor
Features
Good View: Hills
Pool
Spa
ViewHills

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 2 Cons,3 Pros. Rank: price - $5.00M(45th), sqft - 2882(26th), beds - 3(24th), baths - 5(50th).

Nestled in Beverly Hills, this property offers a rare opportunity for builders, developers, or those with a penchant for renovation. Featuring two sets of plans, including one currently in the plan check phase and another previously approved, this property is a blank canvas awaiting transformation. Designed by acclaimed architects John Lee and Stephen Billings, these plans promise a fusion of opulence and contemporary living. The current design, spanning approximately 7,900 square feet over three levels, boasts 6 bedrooms and 8 bathrooms, complemented by a stunning 40-foot pool, jacuzzi, fire pit, and BBQ area for seamless indoor-outdoor living. Additionally, a basement home theater adds an element of entertainment luxury. Alternatively, the second set of plans, though expired, offers a vision of an 8,100 square foot residence with 6 bedrooms, a den, and 8 bathrooms. Whether you're a builder, developer, or visionary buyer, 1150 Laurel Way presents an unparalleled opportunity to create a bespoke luxury oasis in one of Beverly Hills' most coveted locales. Don't miss the chance to bring your dream home to life!

Nearby schools

9/10
West Hollywood Elementary School
Public,K-51.7mi
9/10
Warner Avenue Elementary School
Public,K-51.8mi
9/10
Fairburn Avenue Elementary School
Public,K-52.4mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-62.6mi
9/10
Wonderland Avenue Elementary School
Public,K-52.7mi
7/10
Canfield Avenue Elementary School
Public,K-53.3mi
5/10
Carthay Center Elementary
Public,K-53.6mi
8/10
Hawthorne Elementary School
Public,K-81.3mi
8/10
El Rodeo Elementary School
Public,K-81.7mi
8/10
Beverly Vista Elementary School
Public,K-82.3mi
8/10
Horace Mann Elementary School
Public,K-82.8mi
3/10
Daniel Webster Middle School
Public,6-84.4mi
3/10
Hubert Howe Bancroft Middle School
Public,6-84.7mi
7/10
Palms Middle School
Public,6-84.7mi
7/10
John Burroughs Middle School
Public,6-85.0mi
9/10
Beverly Hills High School
Public,9-122.1mi
7/10
Fairfax Senior High School
Public,9-123.3mi
6/10
University Senior High School
Public,9-124.1mi
6/10
University Senior High School Charter
Public,9-124.1mi
6/10
Alexander Hamilton Senior High School
Public,9-124.4mi

Price History

Date
Event
Price
07/27/20
Sold
$4,800,000
11/21/17
Sold
$4,600,000
Condition Rating
Poor

The property was built in 1958 and the listing emphasizes renovation potential, suggesting the existing structure is outdated. The description highlights plans for a new, modern residence, implying the current state requires substantial updates. The images show an outdated interior, confirming the need for significant repairs and rehabilitation.
Pros & Cons

Pros

Development Opportunity: The property presents a rare opportunity for builders and developers with two sets of architectural plans, one in plan check and another previously approved, offering significant value and potential.
Prime Location: Located in the highly desirable Beverly Hills area, the property benefits from its prestigious address and proximity to upscale amenities.
Architectural Plans: Designed by acclaimed architects John Lee and Stephen Billings, the available plans promise a luxurious and contemporary living space, adding inherent value to the property.

Cons

Renovation Required: The property is described as a 'blank canvas awaiting transformation,' suggesting that significant renovation or construction is necessary, which may deter some buyers.
Expired Plans: One set of architectural plans has expired, potentially requiring additional time and expense to renew or revise them.

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