1309 Laurel Way, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 1 bath
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Beverly Hills, California 90210
This property presents a Strong Value Opportunity with a List Price of $3,750,000—positioned well below the $4,023,234 Fair Market Value by 6%. This valuation gap offers $273,234 in Instant Equity for developers. Featuring a Condition Rating of 6, the site is a clean-slate Development Asset with a rare, wide building pad and sweeping city views. Located near Top-Rated Schools like Warner Avenue Elementary, this is an ideal acquisition for Luxury Developers or Owner-Occupants seeking a custom estate build.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1309 Laurel Way Subject | $3,750,000* List Price | 3 | 1 | 2,862 | $1,406 | - |
A 1150 Laurel Way Active | $4,495,000 List Price | 3 | 5 | 2,882 | $1,560 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is marketed strictly as a development opportunity; there is no standing structure, and the description confirms the existing slab foundation is to be removed to provide a clean slate for new construction.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21156, living area = 2862.
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property features a rare, wide usable building pad with 200 feet of frontage and gentle upsloping topography, which facilitates a more efficient and cost-effective multi-level construction process compared to typical hillside lots.
The property is being sold as a 'clean slate' with an existing slab foundation that must be removed, requiring the buyer to manage immediate demolition and site clearing costs before vertical construction can begin.
With a 1965-built structure featuring only one bathroom for nearly 3,000 square feet, the property lacks functional utility for traditional buyers, restricting the market primarily to developers and major renovators.
1309 Laurel Way | Beverly Hills Post Office Rare opportunity to build a custom estate in one of the most desirable pockets of the Beverly Hills Post Office. Situated on an expansive 21,150 sq. ft. lot with approximately 200 feet of street frontage, this property offers exceptional scale, usability, and development potential. The front portion of the lot features a generous, relatively level building pad, while the downslope rear portion presents the opportunity to create dramatic outdoor spaces and capture southwest-facing city views. Surrounded by luxury estates and notable new construction, this is an ideal opportunity for a developer or end-user to create a one-of-a-kind residence. Property boundary survey, topographical report, and slope analysis have been completed and are available upon request.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 1.9 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 21% |
| Baths | 1.0 | 5.0 | 1% |
| Square foot | 2,862 | 4,366 | 24% |
| Lot Size | 21,156 | 18,075 | 65% |
| Price | $3.75M | $6.36M | 35% |
| Price per sq ft | $1.3K | $1.4K | 48% |
| Built year | 1965 | 1959 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 154 | 13% |
Apr 6, 2026
$3,750,000
Initial Listing