1422 San Ysidro Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 2 bed, 2 bath

1422 San Ysidro Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$1,970,000
1422 San Ysidro Drive, Beverly Hills, California 90210
2Beds
2Baths
2,052Sqft
7,756Lot

Price Vs. Estimate

The estimated value ($1,381,637.535) is $588,362.465 (29%) lower than the list price ($1,970,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Condition & Renovation Needs: Explicitly stated to 'need some upgrades' and that the 'price reflects the discount for the improvements,' implying substantial renovation and modernization costs for prospective buyers.

Compared to the nearby listings

Price:$1.97M vs avg $5.25M ($-3,280,000)9%
Size:2,052 sqft vs avg 3,925 sqft10%
Price/sqft:$960 vs avg $1.2K28%

More Insights

Built in 1938 (87 years old).
Condition: Built in 1938, this property is explicitly stated in the listing description as needing 'some upgrades,' which is reflected in its pricing. While the visible living areas and outdoor deck appear functional and well-maintained with hardwood floors and recessed lighting, the fireplace surround is notably dated. Crucially, there are no images of the kitchen or bathrooms, which strongly suggests these key areas are significantly outdated and require substantial renovation to meet modern standards. The property is livable but clearly shows its age and needs modernization, aligning with the 'Fair' condition criteria.
Year Built
1938
Close
-
List price
$1.97M
Original List price
$1.97M
Price/Sqft
$960
HOA
-
Days on market
-
Sold On
-
MLS number
25551807
Home ConditionFair
Features
Good View: Canyon
Deck
ViewCanyon

About this home

Best deal and opportunity on lower San Ysidro Drive, this exquisite home offers exceptional safety and privacy, along with partial views from the deck, all while being close to Beverly Hills' vibrant nightlife. Located on a prestigious street known for multimillion-dollar homes, this property is a fantastic alternative to a condo and boasts a prime location. Don't miss your chance to own a piece of Beverly Hills paradise! The home could use some upgrades and hence the price reflects the discount for the improvements. This property has great potential for Airbnb and could be perfect for a 1031 exchange. For pricing insights, AIRDNA suggests $570 per night for Airbnb listings in the area. Please conduct your own research. Act now to secure this exceptional investment; perfect for a 1031 exchange also.

Nearby schools

9/10
Warner Avenue Elementary School
Public,K-52.0mi
9/10
West Hollywood Elementary School
Public,K-52.1mi
9/10
Wonderland Avenue Elementary School
Public,K-52.7mi
9/10
Roscomare Road Elementary School
Public,K-52.8mi
8/10
Hawthorne Elementary School
Public,K-81.8mi
8/10
El Rodeo Elementary School
Public,K-82.1mi
6/10
Walter Reed Middle School
Public,6-84.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-85.0mi
2/10
Van Nuys Middle School
Public,6-85.2mi
9/10
Beverly Hills High School
Public,9-122.5mi
7/10
Fairfax Senior High School
Public,9-123.6mi
6/10
University Senior High School
Public,9-124.2mi
6/10
University Senior High School Charter
Public,9-124.2mi
8/10
North Hollywood Senior High School
Public,9-125.1mi
6/10
Ulysses S. Grant Senior High School
Public,9-125.5mi
6/10
Van Nuys Senior High School
Public,9-126.6mi

Price History

Date
Event
Price
07/01/04
Sold
$870,000
Condition Rating
Fair

Built in 1938, this property is explicitly stated in the listing description as needing 'some upgrades,' which is reflected in its pricing. While the visible living areas and outdoor deck appear functional and well-maintained with hardwood floors and recessed lighting, the fireplace surround is notably dated. Crucially, there are no images of the kitchen or bathrooms, which strongly suggests these key areas are significantly outdated and require substantial renovation to meet modern standards. The property is livable but clearly shows its age and needs modernization, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prestigious Location: Situated on a highly sought-after street in Beverly Hills (90210), known for multimillion-dollar homes, offering proximity to vibrant nightlife.
Investment & Income Potential: High potential for short-term rental income (Airbnb, with suggested $570/night) and an ideal candidate for a 1031 exchange.
Enhanced Safety & Privacy: The property provides exceptional levels of safety and privacy, a key selling point in a high-value area.
Scenic Views: Offers desirable partial views from the deck and general canyon views, adding to its aesthetic appeal.
Relative Value Proposition: Positioned as a 'best deal and opportunity' and a 'fantastic alternative to a condo' on a prestigious street, suggesting a competitive entry point for the location.

Cons

Condition & Renovation Needs: Explicitly stated to 'need some upgrades' and that the 'price reflects the discount for the improvements,' implying substantial renovation and modernization costs for prospective buyers.
Age of Construction: Built in 1938, the property is older, which may lead to concerns about outdated systems, infrastructure, and potential for higher maintenance.
Valuation Discrepancy: The current listing price is significantly higher than the estimated property value (-29% estimation ratio), potentially indicating an aggressive pricing strategy given its condition.

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