
Beverly Hills, California 90210
This Mid-Century Architectural Value-Add Asset is offered at a List Price of $3,950,000, representing a stable entry point at its $3,950,000 Fair Market Value. Currently holding a Condition Rating of 5, the property requires modernization but offers immense upside via its expansive 18,562 sqft lot and City and Coastline Views. Located in the prestigious Beverly Hills Post Office area near Warner Avenue Elementary (9/10) and Beverly Hills High (9/10), the site supports significant forced appreciation. This is a prime acquisition for Luxury Developers or Visionary Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1461 Laurel Way Subject | $3,950,000* List Price | 4 | 5 | 3,677 | $1,074 | - |
A 1309 Laurel Way Active | $3,750,000 List Price | 3 | 1 | 2,862 | $1,310 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 and marketed as a 'reimagine' opportunity, the property appears to be in mostly original condition. The kitchen features dated cabinetry and older white appliances, while the bathrooms and living areas show significant age with 1970s-era fixtures, wood paneling, and worn carpeting. Given its age and lack of recent updates, the home requires a substantial gut renovation to address dated systems and aesthetics.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18562, living area = 3677.
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on a quiet cul-de-sac in the prestigious Beverly Hills Post Office (BHPO) area, this property offers a serene and exclusive living environment within the highly-rated Warner Avenue School District.
Built in 1973 and marketed as a 'reimagine' opportunity, the property likely requires a full-scale modernization to address dated aesthetics and systems, necessitating a significant additional capital investment.
The lack of guaranteed accuracy regarding square footage, lot size, and permitted spaces introduces potential risk and requires extensive due diligence to verify the property's true specifications.
Opportunity to reimagine a Classic 70's Architectural property located on a quiet cul-de-sac in BHPO. This home was build in 1973 in the Mid Century era. The breakfast and kitchen areas provide picturesque views of the city down below and as far as the coastline. The primary bedroom suite features a walk in closet plus additional closet space. There are 2 additional bedrooms, a bathroom and powder room adjacent to the Primary Suite. On the entry level there is a bedroom and bathroom. Currently the home is located in the Warner Avenue School District. Broker does not guarantee the accuracy on the information provided, including square footage, lot size, permitted and unpermitted spaces and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits and/or appropriate professionals (i.e. attorney, appraiser architect, surveyor, etc.).
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 46% |
| Baths | 5.0 | 5.0 | 50% |
| Square foot | 3,677 | 4,342 | 40% |
| Lot Size | 18,562 | 18,771 | 49% |
| Price | $3.95M | $6.54M | 36% |
| Price per sq ft | $1.1K | $1.4K | 36% |
| Built year | 1973 | 1960 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 301 | 203 | 81% |
Feb 26, 2026
$3,950,000
$4,150,000
-5% Price Drop
Initial Listing
Jun 25, 2025
$4,150,000
Initial Listing