
Beverly Hills, California 90211
This property presents a High-Potential Investment Opportunity with a List Price of $1,999,999—positioned well below the $2,036,396 Fair Market Value by 1.8%. This valuation gap offers $36,397 in Instant Equity for buyers. Featuring a Condition Rating of 5, the residence requires a comprehensive renovation to modernize its 1924 architecture. The 6,497 sqft lot in the Beverly Hills Unified district provides a prime foundation for Fix-and-Flip Investors or Developers seeking to maximize value in a high-demand, luxury-adjacent market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 S Carson Subject | $1,999,999* List Price | 3 | 2 | 1,797 | $1,133 | - |
A 341 S La Peer Drive Sold | $2,430,000 | 3 | 2 | 2,089 | $1,163 | 0.5 mi |
B 130 S Carson Road Sold | $2,100,000 | 3 | 2 | 2,414 | $870 | 0.0 mi |
C 168 N Wetherly Drive Sold | $2,430,000 | 2 | 2 | 1,917 | $1,268 | 0.6 mi |
D 205 S Hamel Drive Active Under Contract | $2,450,000 List Price | 3 | 2 | 1,775 | $1,380 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 with interior updates (kitchen/flooring) that appear to be 30-40 years old. The property features popcorn ceilings, dated oak cabinetry, and worn carpeting. Explicitly marketed as a fixer-upper or development opportunity, it requires a complete rehab of cosmetic surfaces and likely aging systems to meet modern standards.
Situated in the prestigious 90211 zip code, the property offers immediate proximity to world-class shopping on Rodeo Drive and is surrounded by multi-million-dollar estates.
Positioned as the most competitively priced single-family residence in the area, this property presents a significant value-add opportunity for investors or builders to remodel or develop.
The spacious 6,495 square foot lot provides a substantial footprint for creating a custom luxury home or expanding the existing 1924 structure in a high-demand neighborhood.
The residence requires extensive repairs or a complete rebuild, necessitating a buyer with significant additional capital and construction expertise to realize its full value.
Sold in its present condition as a trust sale, the transaction typically offers limited seller disclosures and no credits for repairs, increasing the due diligence burden on the buyer.
Exceptional investment/development opportunity in the heart of Beverly Hills! Located at 203 S. Carson Rd, this property offers endless potential to remodel, redesign, or build new on the spacious 6,495 square foot lot. Currently positioned as the most competitively priced single-family residence in the coveted 90211 zip code, this fixer-upper is ideal for investors, builders, or buyers eager to create a custom dream home. The existing residence features 3 bedrooms, 2 bathrooms, a spacious living room with a classic wood-burning fireplace, charming old-world plaster walls with elegant archway detailing, a formal dining room, den, and a private primary ensuite. Surrounded by prestigious multi-million-dollar properties, the value-add possibilities are substantial. Enjoy close proximity to world-class shopping along Rodeo Drive, renowned dining destinations, luxury hotels, entertainment, and some of the finest lifestyle amenities Beverly Hills has to offer. Whether preserving and enhancing the existing residence or pursuing a completely new vision, this is a rare opportunity to maximize both location and long-term potential in one of Los Angeles’ most desirable neighborhoods. Property is a trust sale and is being sold in its as is present condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,797 | 1,786.5 | 50% |
| Lot Size | 6,497 | 5,972.5 | 75% |
| Price | $2.00M | $2.40M | 17% |
| Price per sq ft | $1.1K | $1.4K | 17% |
| Built year | 1924 | 1927 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 139 | 8% |
May 13, 2026
$1,999,999
Initial Listing