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3025 Benedict Canyon Drive, Los Angeles, California 90210, Los Angeles, 90210 - 4 bed, 5 bath

3025 Benedict Canyon Drive, Los Angeles, California 90210 home-pic-0
ACTIVE$3,500,000
3025 Benedict Canyon Drive, Los Angeles, California 90210
4Beds
5Baths
4,639Sqft
71,048Lot
Year Built
1978
Close
-
List price
$3.5M
Original List price
$3.7M
Price/Sqft
$754
HOA
-
Days on market
-
Sold On
-
MLS number
25533575
Home ConditionPoor
Features
Excellent View: Canyon, Hills
ViewCanyon, Hills

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,7 Pros. Rank: price - $3.50M(34th), sqft - 4639(59th), beds - 4(45th), baths - 5(50th).

AMAZING FIX & FLIP, FIX & LEASE, OR RTI NEW BUILD OPPORTUNITY! Spanning over 1 1/2 acres of land, this exceptional property presents the perfect canvas either to revitalize the existing ~4,700 sq ft residence or to build a visionary 10,000 sq ft (approx.) architectural estate. Leases in the area generally range from $25,000 - $30,000 per month for a remodeled home of this size. The existing home features 4 bedrooms and 5 bathrooms across two levels along with a long driveway and pool shell-in-place, offering a prime opportunity for a full-scale renovation. Alternatively, utilize the ready-to-issue (RTI) plans, thoughtfully crafted for a cutting-edge luxury compound showcasing bold, angular architecture, expansive glass walls, and seamless indoor-outdoor living. Designed to maximize both aesthetic impact and functionality, the proposed home is positioned to capture sweeping canyon views from every room. Planned highlights include dramatic infinity-edge pools, tranquil water features, a secure gated entry, and an expansive lower-level entertainment area flooded with natural light. The envisioned layout offers 7 ensuite bedrooms, 7.5 bathrooms, a full-floor primary suite, and a 1,200 sq ft car gallery blending modern design with elevated living. This rare opportunity awaits at the pinnacle of Benedict Canyon in the prestigious, celebrity-favored Beverly Hills Post Office enclave.

Nearby schools

9/10
Roscomare Road Elementary School
Public,•K-5•1.6mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•3.4mi
9/10
West Hollywood Elementary School
Public,•K-5•3.8mi
9/10
Warner Avenue Elementary School
Public,•K-5•3.9mi
2/10
Van Nuys Middle School
Public,•6-8•3.1mi
6/10
Walter Reed Middle School
Public,•6-8•3.4mi
8/10
Hawthorne Elementary School
Public,•K-8•3.9mi
8/10
El Rodeo Elementary School
Public,•K-8•4.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•6.3mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.7mi
8/10
North Hollywood Senior High School
Public,•9-12•3.9mi
6/10
Van Nuys Senior High School
Public,•9-12•4.5mi
9/10
Beverly Hills High School
Public,•9-12•4.7mi
7/10
Fairfax Senior High School
Public,•9-12•5.2mi
6/10
University Senior High School
Public,•9-12•5.7mi
6/10
University Senior High School Charter
Public,•9-12•5.7mi

Price History

Date
Event
Price
08/15/14
Sold
$1,888,000
06/29/95
Sold
$725,000
Condition Rating
Poor
The property, built in 1978, is explicitly marketed as a 'fix & flip' or 'new build opportunity' requiring a 'full-scale renovation.' There are no interior images, but given the age and the description, the existing kitchen, bathrooms, and all major systems (appliances, fixtures, flooring, HVAC, electrical) are undoubtedly original or severely outdated, necessitating substantial repairs and rehabilitation. The exterior, visible in aerial photos, also appears dated and not well-maintained. While not explicitly stated as 'unlivable' or 'beyond repair' (which would warrant a 'tear-down' score), the need for a 'full-scale renovation' and the strong emphasis on a new build project indicate the current structure is in very poor condition and requires significant investment to be functional and modern.
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 = 71048, living area = 4639.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location: Situated in the prestigious, celebrity-favored Beverly Hills Post Office enclave of Benedict Canyon, offering an exclusive and desirable address.
Exceptional Development Potential: Offers versatile opportunities for a 'fix & flip,' 'fix & lease,' or a complete new build, catering to various investor or developer strategies.
Large, Private Lot: Spanning over 1.5 acres (71,048 sq ft), providing ample space for a grand estate, privacy, and extensive luxury amenities.
Ready-To-Issue (RTI) Plans: Includes RTI plans for a visionary 10,000 sq ft luxury architectural estate, significantly streamlining and de-risking the new construction process.
Strong Investment/Rental Upside: The area commands high rental rates ($25,000 - $30,000 per month for remodeled homes), indicating significant income potential post-renovation or new build.

Cons

Extensive Renovation/Rebuild Required: The existing 1978 residence is explicitly presented as a 'fix & flip' or 'new build opportunity,' implying it is not move-in ready and requires substantial capital investment for modernization or demolition.
Significant Additional Capital Outlay: Beyond the purchase price, the property demands a considerable financial commitment for either a full-scale renovation of the existing structure or the construction of the proposed 10,000 sq ft estate.
Potential Overpricing Relative to Current State: The property's estimated value ($3.07M) is lower than the current list price ($3.5M), suggesting the asking price might be ambitious given its 'opportunity' status and the extensive work required.

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