1555 N San Ysidro Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 3 bath

1555 N San Ysidro Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$14,800,000
1555 N San Ysidro Drive, Beverly Hills, California 90210
3Beds
3Baths
2,175Sqft
12,329Lot
Year Built
1953
Close
-
List price
$14.8M
Original List price
$22M
Price/Sqft
$6,805
HOA
-
Days on market
-
Sold On
-
MLS number
24458877
Home ConditionTear down
Features
Excellent View: None
Deck
Pool
View-

About this home

We found 3 Cons,7 Pros. Rank: price - $14.80M(82th), sqft - 2175(13th), beds - 3(24th), baths - 3(20th).

Presenting an unparalleled investment opportunity in the heart of Los Angeles! Encompassing the development of two luxury homes AND an existing SFR with over 15 acres at 1555 N San Ysidro Dr and 1424 Seabright Drive. This project capitalizes on the fusion of prime location, innovative design, and exclusivity to create a high-value proposition for investors and future homeowners alike. With the lot line adjustment process finalized, resulting in two expansive lots, the buyer will be set to embark on a journey to redefine luxury living in Beverly Hills 90210. The project includes 1555 N San Ysidro Dr. (a SFR) & 1424 Seabright Dr., Los Angeles. Parcel 1 Area: 402,321 SF (9.24 acres). 1555 N San Ysidro Dr. Parcel 2 Area: 259,725 SF (5.96 acres). On 1424 Seabright Dr. the development includes two single-family luxury homes with an ADU accessible dwelling unit on each lot. Home specifications provide for two stories, 17,500 sf each, with 4 car garages and an infinity pool. There is exclusive access for a private access road connecting the development to Seabright Drive, ensuring privacy and exclusivity. This road is designed to accommodate fire vehicles access and features a large turn-around for enhanced safety. The plans for the homes is crafted to complement the existing topography, minimizing the need for extensive grading. The design incorporates modern aesthetics with functionality, featuring large living spaces, a gym, home theatre, and seamless indoor-outdoor transition. The luxury amenities include 4 car garages, infinity pools, terraces, balconies, and decks offering panoramic views of the city. The use of extensive glass windows ensures natural light fills every room, capturing the essence of Southern California living. This incredible opportunity will be a capstone project for any sophisticated developer.

Nearby schools

9/10
Warner Avenue Elementary School
Public,K-52.2mi
9/10
West Hollywood Elementary School
Public,K-52.2mi
9/10
Roscomare Road Elementary School
Public,K-52.7mi
9/10
Wonderland Avenue Elementary School
Public,K-52.7mi
8/10
Hawthorne Elementary School
Public,K-81.9mi
8/10
El Rodeo Elementary School
Public,K-82.3mi
6/10
Walter Reed Middle School
Public,6-84.2mi
2/10
Van Nuys Middle School
Public,6-85.0mi
3/10
Hubert Howe Bancroft Middle School
Public,6-85.1mi
9/10
Beverly Hills High School
Public,9-122.7mi
7/10
Fairfax Senior High School
Public,9-123.8mi
6/10
University Senior High School
Public,9-124.3mi
6/10
University Senior High School Charter
Public,9-124.3mi
8/10
North Hollywood Senior High School
Public,9-125.0mi
6/10
Ulysses S. Grant Senior High School
Public,9-125.4mi
6/10
Van Nuys Senior High School
Public,9-126.4mi

Price History

Date
Event
Price
10/10/13
Sold
$1,500,000
Condition Rating
Tear down

The property was built in 1953, making it 71 years old. The listing description explicitly states that the existing 2175 sqft single-family residence is 'outdated' and 'will need to be demolished' for the proposed luxury development. All provided images are architectural plans and renderings for new construction, not photos of the current structure. This indicates the value is in the land and development potential, not the existing dwelling, which aligns perfectly with the 'tear-down' criteria.
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 = 12329, living area = 2175.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Exceptional Development Opportunity: The property offers an unparalleled investment opportunity for developing two ultra-luxury homes with ADUs on expansive lots, leveraging finalized lot line adjustments and crafted plans to maximize value creation.
Prime Beverly Hills Location: Situated in the highly coveted Beverly Hills 90210, this location ensures prestige, high demand, and strong potential for appreciation in the ultra-luxury real estate market.
Vast Acreage with Exclusivity: Encompassing over 15 acres, a rare find in Beverly Hills, combined with exclusive private road access, guarantees unparalleled privacy and exclusivity for future high-net-worth residents.
De-Risked Development Process: The finalized lot line adjustment and pre-crafted plans for two 17,500 sqft luxury homes significantly de-risk and accelerate the initial stages of the development process.
Designed for Luxury & Panoramic Views: The proposed homes are designed with extensive luxury amenities including infinity pools, gyms, home theaters, and 4-car garages, specifically crafted to maximize panoramic city views and natural light.

Cons

High Barrier to Entry: The significant list price of $14.8 million, coupled with the substantial construction costs for two ultra-luxury homes, limits this opportunity to a very select group of highly capitalized developers.
Existing Structure Requires Demolition: The current 1953-built, 2175 sqft single-family residence is outdated and undersized for the proposed luxury development, implying it will need to be demolished, adding to project costs and timelines.
Extended Development Timeline & Market Exposure: Despite pre-approved plans, the construction of two 17,500 sqft luxury estates is a multi-year undertaking, exposing the project to potential market shifts and requiring a long-term investment horizon.

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