2534 Benedict Canyon Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 3 bath
2534 Benedict Canyon Drive
Beverly Hills, California 90210
Property Price
SUMMARY
Analysis of 2534 Benedict Canyon Drive, Beverly Hills, California 90210 is currently available with a list price of $1,599,995. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is explicitly marketed as a 'Prime Development Opportunity' and a 'canvas to build your dream estate.' Built in 1951 and situated on a large 0.69-acre lot in Beverly Hills, the listing focuses entirely on the land value and location rather than the existing structure, which is described as a teardown requiring demolition to realize the site's highest and best use.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 30462, living area = 2147.
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Location
Situated in the prestigious Beverly Hills 90210 area on Benedict Canyon Drive, the property offers proximity to world-class amenities like Rodeo Drive and is surrounded by high-value celebrity estates.
CONSRISKS & DEFICIENCIES
- Significant Price Volatility
The listing has undergone multiple substantial price reductions from its original $2.59M ask, which may signal previous overvaluation or market resistance.
- Likely Teardown Condition
Built in 1951 and marketed as a development opportunity, the existing structure likely requires complete demolition or a total overhaul, necessitating significant additional capital investment.
About 2534 Benedict Canyon Drive
LOCATION!!!! LOCATION!!!!! LOCATION !!!!! Prime Beverly Hills Development Opportunity 0.69 Acre LotAn unparalleled opportunity awaits in one of the most prestigious neighborhoods in the world. Nestled in the heart of Beverly Hills, just minutes from iconic landmarks like Rodeo Drive and the Beverly Hills Hotel, this exceptional 0.69-acre lot presents the perfect canvas to build your dream estate or develop a luxury residence for resale.Surrounded by multimillion-dollar homes and celebrity neighbors, this property sits on one of the most beautiful and sought-after drives in Beverly Hills. Whether you're an investor seeking a high-value development opportunity or an end-user envisioning a custom masterpiece, this is a once-in-a-lifetime chance to own a piece of real estate in a location that defines world-class living.Don't miss this rare chance to create something extraordinary in one of the most exclusive pockets of Beverly Hills.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 30,462 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Beverly Hills Unified Schools
Roscomare Road Elementary School
Grades K-5 • 1.6 mi
Wonderland Avenue Elementary School
Grades K-5 • 3.2 mi
Warner Avenue Elementary School
Grades K-5 • 3.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 49% |
| Baths | 3.0 | 5.0 | 21% |
| Square foot | 2,147 | 3,708 | 16% |
| Lot Size | 30,462 | 17,757 | 85% |
| Price | $1.60M | $5.21M | 7% |
| Price per sq ft | $745 | $1.2K | 13% |
| Built year | 1951 | 1960 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 237 | 210 | 61% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,599,995
$1,699,995
-6% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$1,699,995
$1,799,995
-6% Price Drop
Initial Listing
Price Change
Nov 22, 2025
$1,799,995
$1,999,995
-10% Price Drop
Initial Listing
Price Change
Sep 3, 2025
$1,999,995
$1,899,995
+5% Price Increase
Initial Listing
Price Change
Aug 9, 2025
$1,899,995
Initial Listing
Price Change
Jul 12, 2025
$2,599,995
Initial Listing
Sold
Dec 12, 2024
$1,300,000
Public Record
Sold
Jun 17, 2014
$1,705,000
Public Record