1551 Summitridge Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 3 bath
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Beverly Hills, California 90210
Analysis of 1551 Summitridge Drive, Beverly Hills, California 90210 is currently available with a list price of $1,195,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Beverly Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The listing explicitly states the existing residence is a teardown being sold strictly for land value. The property is marketed as a development opportunity with architectural plans for a new home, requiring the buyer to demolish the current structure at their own expense.
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the prestigious 90210 zip code, this property offers breathtaking, unobstructed views spanning from the city lights to the Pacific Ocean and coastline.
Architectural plans for a 2,700 sq ft contemporary residence are complete and ready to be issued, significantly reducing the typical lead time and soft costs associated with hillside construction.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 2346.
The existing structure is a teardown being sold strictly for land value, requiring the buyer to assume the full expense and logistical burden of demolition.
With plans for an approximately 2,700 sq ft home, the project may lack the massive square footage often expected by ultra-luxury buyers in the Beverly Hills hillside market.
Perched high above the city in prime Beverly Hills, 1551 Summitridge Dr presents a rare opportunity to build a luxury view estate with sweeping city light to ocean views. Architectural plans are complete and ready to be issued for a newly designed approximately 2,700 sq ft contemporary luxury residence featuring 3 bedrooms. The design maximizes the panoramic views with expansive walls of glass, open-concept living spaces, and seamless indoor-outdoor flow tailored to the Beverly Hills hillside lifestyle. The scale is intentional, delivering a refined, high-end home without the inefficiencies of an oversized spec build. This is an ideal project for a developer seeking strong view-driven resale appeal or an end user who wants to fast-track construction with completed plans in place. Significant time and soft costs have already been absorbed in the planning process. Plans included in the sale and available upon request. The existing residence is a teardown and is being sold strictly for land value. Buyer to demolish at buyer's expense. According to LADBS records, the property is subject to an Order to Comply related to building height and side yard setback requirements. RTI plans have been prepared to address these issues and allow a buyer to move forward with a revised project. SELLER IS OPEN TO FINANCING!
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 2.1 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 | 3.0 | 5.0 | 18% |
| Square foot | 2,700 | 4,342 | 19% |
| Lot Size | 9,737 | 18,771 | 17% |
| Price | $1.20M | $6.54M | 1% |
| Price per sq ft | $443 | $1.4K | 1% |
| Built year | 2026 | 1960 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 196 | 7% |
Feb 26, 2026
$1,195,000
Initial Listing
Aug 31, 2018
$2,025,000
Public Record
Oct 16, 2017
$1,010,000
Public Record
Apr 10, 2008
$330,000
Public Record
Apr 10, 2008
$780,000
Public Record