212 S Rodeo, Beverly Hills, California 90212, Beverly Hills, 90212 - 3 bed, 2 bath

212 S Rodeo, Beverly Hills, California 90212 home-pic-0

212 S Rodeo

Beverly Hills, California 90212

ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
3Beds
2Baths
2,640Sq Ft
7,014Lot Size

Property Price

LIST PRICE$4,500,000
EST. MARKET VALUE
$3,695,438
21% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$3,695,438
Based on Realkey algorithm analyzing recent comparable sales in Beverly Hills.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
212 S Rodeo
Subject
$4,500,000*
List Price
322,640$1,400-
A
316 S Camden Drive
Sold
$4,260,000433,146$1,3540.2 mi
B
305 S Mccarty Drive
Sold
$4,360,000443,030$1,4390.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

Built in 1940 and explicitly stated as 'not updated' and 'not a turnkey home' for over 60 years, this property requires extensive renovation or a complete tear-down. The kitchen and bathrooms feature original, extremely outdated fixtures and finishes (e.g., 1950s pink and blue tile bathrooms, dark wood cabinets, and linoleum flooring in the kitchen). The description itself suggests it's an 'Opportunity for Tear Down/New Construction Project or Renovation/Addition,' indicating the value is primarily in the land and location, not the existing structure, which aligns perfectly with the 'tear-down' criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Rodeo Drive Location

    Unparalleled address directly on Rodeo Drive, placing the property in the heart of Beverly Hills' most prestigious and walkable neighborhood, steps from world-class amenities and the Golden Triangle.

  • Significant Development Potential

    Offers an exceptional opportunity for a tear-down and new construction project or a comprehensive renovation/addition, allowing for maximum value creation in a prime location.

  • Rare Market Offering

    Being on the market for the first time in over 60 years, this property represents a unique and exclusive acquisition opportunity in a highly sought-after and tightly held area.

CONSRISKS & DEFICIENCIES

  • Requires Extensive Renovation/Development

    The property is sold 'As-Is' and 'Has Not Been Updated,' necessitating significant investment for modernization, renovation, or complete redevelopment to meet contemporary standards.

  • Not a Turnkey Home

    Explicitly stated as 'Not a Turnkey Home Listing,' indicating it is not move-in ready and requires substantial work before occupancy, appealing primarily to developers or buyers seeking a project.

  • Advanced Age of Structure

    Built in 1940, the existing structure is over 80 years old, which typically implies outdated systems, finishes, and potential for costly repairs or upgrades to bring it to modern code and aesthetic.

About 212 S Rodeo

First Time on Market in Over 60 Years!!! 2,640 Sq. Ft. 3 Bed 2 Bath Single Family Home w/Detached Garage on a 7,012 Sq. Ft. Lot, Located in the Heart of Beverly Hills on Rodeo Drive. Just 1 1/2 Blocks South of Wilshire Blvd. and the Golden Triangle and 2 Blocks West of Beverly Dr. Incredible Location and Incredibly Walkable Neighborhood. Property is being Sold in its "As-Is" Condition. Home Has Not Been Updated. Current Home Inspection & Termite Report Available Upon Qualified Offer Submittal. Amazing Location and Amazing Opportunity for Tear Down/New Construction Project or Renovation/Addition. This is Not a Turnkey Home Listing, But an Opportunity to Own Property in One of the Most Desirable Neighborhoods in the World!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1940
Lot Size
7,014 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
40%
Square foot2,6402,660
50%
Lot Size7,0146,546
50%
Price$4.50M$3.74M
80%
Price per sq ft$1.7K$1.3K
80%
Built year19401927
70%
HOA$0$0
50%
Days on market116184
30%

Pricing History

Listed for Sale

Nov 10, 2025

$4,500,000

Initial Listing

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