
Beverly Hills, California 90210
This Prime Beverly Hills Development Site is offered at a List Price of $3,750,000, positioned near its $3,542,932 Fair Market Value. Currently holding a Non-Habitable Condition Rating, the property features a 21,156 sqft lot with a wide building pad and panoramic city and Catalina views. Surrounded by $30M+ estates and zoned for top-rated schools like Warner Avenue Elementary (9/10) and Beverly Hills High (9/10), the site supports significant forced appreciation. This is a premier acquisition for Luxury Developers or Visionary Owner-Builders.
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 | $1,238 | - |
A 1461 Laurel Way Active | $3,950,000 List Price | 4 | 5 | 3,677 | $1,074 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is currently a non-habitable development site with no standing structure. The listing and images confirm only an existing concrete slab foundation remains, which is slated for removal to allow for new construction. The value is entirely in the land and its potential for redevelopment.
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).
Situated on one of the most prestigious streets north of Sunset Blvd, the property is surrounded by $30M+ estates, ensuring high appreciation potential and a blue-chip investment environment.
The presence of an existing slab foundation that requires removal means the buyer faces immediate demolition and clearing costs before new construction can commence.
As a 'clean slate' development opportunity, the property does not offer a move-in ready residence, limiting the buyer pool to developers or those prepared for a multi-year custom build project.
1309 Laurel Way is a premier Beverly Hills Post Office development opportunity with approximately 200 feet of frontage, a rare wide usable building pad, and sweeping southwest-facing city and sunset views. The property offers a large, flat, buildable area that gives real flexibility for a custom estate or modern residence. The gentle upsloping topography supports an efficient multi-level design and reduces the need for heavy downslope construction. An existing slab foundation is in place and will be removed, providing a clean slate for new development. Located north of Sunset Boulevard, the site is surrounded by newly built and extensively renovated estates in the $18M$30M+ range, reinforcing the strength of the area's luxury market. Just minutes to Beverly Hills and the Sunset Strip, the location combines privacy, views, and convenience in one of the most desirable development pockets in Los Angeles. CALL ME AND CAOM WALK THE PROPERTY!
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 | 5.0 | 21% |
| Baths | 1.0 | 5.0 | 2% |
| Square foot | 2,862 | 4,342 | 24% |
| Lot Size | 21,156 | 18,824 | 63% |
| Price | $3.75M | $6.54M | 35% |
| Price per sq ft | $1.3K | $1.4K | 49% |
| Built year | 1965 | 1960 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 196 | 3% |
Apr 6, 2026
$3,750,000
Initial Listing