2430 Coldwater Canyon Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 3 bath
ACTIVE$2,200,000
2430 Coldwater Canyon Drive, Beverly Hills, California 90210
3Beds
3Baths
2,000Sqft
10,431Lot
Year Built
1958
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$1,100
HOA
-
Days on market
-
Sold On
-
MLS number
25482627
Home ConditionFair
Features
Good View: Canyon
Patio
ViewCanyon
About this home
Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,7 Pros. Rank: price - $2.20M(13th), sqft - 2000(10th), beds - 3(24th), baths - 3(20th).
Great opportunity find!! For owner/user, developer, or investor. This home includes 2430 and 2428 Coldwater cyn addresses as per Seller and public records. Spacious 2 bedroom,2 bath upper level with gourmet kitchen, high ceilings, large master with direct access to back yard. Hardwood Flooring throughout the upstairs is Lower lever with separate access to the 1 bedroom, 1 bath ADU with permits as per Seller. Live upstairs and rent the ADU, assemble both into one inclusive home. options are endless. The home is gated with a horseshoe driveway within for easy egress.
Nearby schools
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.4mi
9/10
West Hollywood Elementary School
Public,•K-5•2.2mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.4mi
9/10
Warner Avenue Elementary School
Public,•K-5•3.7mi
6/10
Walter Reed Middle School
Public,•6-8•2.6mi
8/10
Hawthorne Elementary School
Public,•K-8•2.8mi
8/10
El Rodeo Elementary School
Public,•K-8•3.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.4mi
2/10
Van Nuys Middle School
Public,•6-8•4.4mi
7/10
Fairfax Senior High School
Public,•9-12•3.4mi
8/10
North Hollywood Senior High School
Public,•9-12•3.4mi
9/10
Beverly Hills High School
Public,•9-12•3.9mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•4.2mi
6/10
Van Nuys Senior High School
Public,•9-12•5.7mi
6/10
University Senior High School
Public,•9-12•6.0mi
6/10
University Senior High School Charter
Public,•9-12•6.0mi
Price History
Date
Event
Price
06/30/09
Sold
$519,000
11/16/05
Sold
$1,175,000
Condition Rating
Fair
The property, built in 1958, has undergone some renovations, including a permitted ADU and hardwood flooring upstairs. The kitchen features modern stainless steel appliances (professional range, hood, microwave), which is a strong point. However, the kitchen cabinets with glass inserts and fleur-de-lis pattern, along with the black glossy floor tiles, appear significantly dated, likely from a renovation 15-30 years ago. The main bathroom's tiling is clean and functional but also not contemporary. While the home is well-maintained and move-in ready, the outdated aesthetic in key areas like the kitchen and some bathroom elements would likely prompt a buyer to consider minor to moderate updates to align with current styles. This aligns with the 'Fair' criteria of being aged but maintained, with functional major components showing signs of being outdated.
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 = 10431, living area = 2000.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Beverly Hills Location: Situated on Coldwater Canyon Drive in the prestigious 90210 zip code, offering a highly desirable and sought-after address.
Income-Generating ADU: Includes a permitted 1-bedroom, 1-bath Accessory Dwelling Unit (ADU) with separate access, providing potential for rental income or flexible multi-generational living.
Versatile Investment Opportunity: Marketed as a 'Great opportunity find' for owner/user, developer, or investor, highlighting its potential for various buyer types and value-add strategies.
Gourmet Kitchen & High Ceilings: The upper level features a gourmet kitchen and high ceilings, contributing to a modern aesthetic and spacious feel.
Privacy and Accessibility: The property is gated and includes a horseshoe driveway, enhancing privacy and providing convenient ingress and egress.
Cons
Significant Overpricing: The current listing price of $2.2 million is 25% higher than the estimated property value of approximately $1.64 million, suggesting it may be significantly overpriced for the market.
Age of Property: Built in 1958, the home is over 60 years old, which may necessitate further updates, renovations, or ongoing maintenance beyond the mentioned kitchen remodel.
Modest Square Footage for Price Point: With 2000 sqft, the property's size might be considered relatively modest for its Beverly Hills 90210 location and $2.2 million price tag, potentially limiting appeal to buyers seeking larger estates.