2534 Benedict Canyon Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 3 bath
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Beverly Hills, California 90210
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.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a development opportunity and is in unlivable condition. Built in 1951 with no evidence of recent renovations, the images show boarded-up plywood structures, collapsing roofs, and 'Danger' signs. There are no functional kitchens, bathrooms, or systems, and the listing focuses entirely on the value of the 0.69-acre lot for redevelopment.
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.
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on the prestigious Benedict Canyon Drive in Beverly Hills 90210, the property offers unparalleled proximity to world-class landmarks like Rodeo Drive and the Beverly Hills Hotel.
The existing 1951 structure is marketed primarily as a development opportunity, implying the current residence likely requires a total teardown or a massive capital-intensive renovation.
A history of frequent and significant price reductions—dropping from an original $2.59M to $1.59M—suggests potential challenges with the lot's topography or previous difficulty in securing a buyer.
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.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 3.2 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 46% |
| Baths | 3.0 | 5.0 | 18% |
| Square foot | 2,147 | 4,342 | 8% |
| Lot Size | 30,462 | 18,824 | 82% |
| Price | $1.60M | $6.54M | 5% |
| Price per sq ft | $745 | $1.4K | 8% |
| Built year | 1951 | 1959 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 284 | 203 | 79% |
Feb 23, 2026
$1,599,995
$1,699,995
-6% Price Drop
Initial Listing
Feb 6, 2026
$1,699,995
$1,799,995
-6% Price Drop
Initial Listing
Nov 22, 2025
$1,799,995
$1,999,995
-10% Price Drop
Initial Listing
Sep 3, 2025
$1,999,995
$1,899,995
+5% Price Increase
Initial Listing
Aug 9, 2025
$1,899,995
Initial Listing
Jul 12, 2025
$2,599,995
Initial Listing
Dec 12, 2024
$1,300,000
Public Record
Jun 17, 2014
$1,705,000
Public Record