1461 Laurel Way, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 5 bath
ACTIVE$4,150,000
1461 Laurel Way, Beverly Hills, California 90210
4Beds
5Baths
3,677Sqft
18,562Lot
Price Vs. Estimate
The estimated value ($3,248,320.43) is $901,679.57 (21%) lower than the list price ($4,150,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: 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.
Top Cons:
Extensive Renovation Needed: The property is presented as an 'opportunity to reimagine,' implying it requires significant capital investment for modernization and upgrades to meet contemporary luxury standards.
Compared to the nearby listings
Price:$4.15M vs avg $5.25M ($-1,100,000)39%
Size:3,677 sqft vs avg 3,925 sqft45%
Price/sqft:$1.1K vs avg $1.2K46%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this property is over 50 years old and explicitly described as an 'opportunity to reimagine,' indicating a need for extensive renovation. The kitchen, as seen in the images, is severely outdated with original 1970s dark wood cabinets, old appliances, dated tile flooring, and fluorescent lighting. This suggests that major systems (electrical, plumbing, HVAC) are likely original and at the end of their lifespan, requiring substantial repairs and rehabilitation to meet modern standards. The overall condition points to a property that is uncomfortable to live in its current state and requires significant capital investment.
Year Built
1973
Close
-
List price
$4.15M
Original List price
$4.15M
Price/Sqft
$1,129
HOA
-
Days on market
-
Sold On
-
MLS number
25557057
Home ConditionPoor
Features
Excellent View: City Lights, Coastline
Deck
ViewCity Lights,Coastline
About this home
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.).
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•1.9mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.2mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.5mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.0mi
8/10
Hawthorne Elementary School
Public,•K-8•1.7mi
8/10
El Rodeo Elementary School
Public,•K-8•2.2mi
6/10
Walter Reed Middle School
Public,•6-8•4.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.7mi
2/10
Van Nuys Middle School
Public,•6-8•5.2mi
9/10
Beverly Hills High School
Public,•9-12•2.6mi
7/10
Fairfax Senior High School
Public,•9-12•3.5mi
6/10
University Senior High School
Public,•9-12•4.4mi
6/10
University Senior High School Charter
Public,•9-12•4.4mi
8/10
North Hollywood Senior High School
Public,•9-12•4.9mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•5.4mi
6/10
Van Nuys Senior High School
Public,•9-12•6.6mi
Condition Rating
Poor
Built in 1973, this property is over 50 years old and explicitly described as an 'opportunity to reimagine,' indicating a need for extensive renovation. The kitchen, as seen in the images, is severely outdated with original 1970s dark wood cabinets, old appliances, dated tile flooring, and fluorescent lighting. This suggests that major systems (electrical, plumbing, HVAC) are likely original and at the end of their lifespan, requiring substantial repairs and rehabilitation to meet modern standards. The overall condition points to a property that is uncomfortable to live in its current state and requires significant capital investment.
Pros & Cons
Pros
High Available Lot Utilization: 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.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prestigious Location: Situated on a quiet cul-de-sac in the highly sought-after Beverly Hills Post Office (BHPO) area, offering exclusivity and privacy.
Panoramic Views: Boasts picturesque city lights and coastline views from the breakfast and kitchen areas, adding significant aesthetic and market value.
Architectural Character: A classic 1970s architectural property from the Mid-Century era, offering a unique design aesthetic and a strong foundation for a custom renovation.
Top-Rated School District: Zoned within the highly-regarded Warner Avenue School District, a significant draw for families.
Substantial Lot Size: Features a generous lot size of 18,562 sqft, providing ample outdoor space and potential for expansion or landscaping enhancements.
Cons
Extensive Renovation Needed: The property is presented as an 'opportunity to reimagine,' implying it requires significant capital investment for modernization and upgrades to meet contemporary luxury standards.
Valuation Discrepancy: The current listing price of $4.15M is considerably higher than the estimated property value of $3.25M, indicating a potential overpricing given its current condition and the need for extensive renovations.
Age and Potential for Outdated Systems: Built in 1973, the home is over 50 years old, suggesting that major systems (plumbing, electrical, HVAC) and finishes may be original or outdated, potentially leading to unforeseen repair or replacement costs.