418 S La Peer Drive, Beverly Hills, California 90211, Beverly Hills, 90211 - 2 bed, 2 bath
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418 S La Peer Drive
Beverly Hills, California 90211
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,232Sq Ft
4,793Lot Size
Property Price
LIST PRICE$1,950,000
EST. MARKET VALUE
$2,223,998
12% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,950,000—positioned well below the $2,223,999 Fair Market Value by 12%. This valuation gap offers $273,999 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant modernization, yet the 4,793-square-foot lot and Beverly Hills Unified School District location provide immense upside. This is a strategic acquisition ideal for Fix-and-Flip Investors or custom home builders seeking a prime Beverly Hills asset.
Estimated Market Value
$2,223,998+$273,998 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Beverly Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 418 S La Peer Drive Subject | $1,950,000* List Price | 2 | 2 | 1,232 | $1,805 | - |
A 128 N Carson Road Sold | $2,099,000 | 2 | 1 | 1,034 | $2,030 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1926 and explicitly marketed as a 'fixer-upper' or 'teardown,' the property shows significant age. While it has newer laminate flooring, the bathroom is severely dated (>30 years), and the use of window AC units indicates a lack of modern central HVAC. The listing's focus on land value and architectural potential confirms it needs a total rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Prestigious Location
Situated in the highly coveted 90211 zip code, this property offers access to the award-winning Beverly Hills Unified School District and is minutes from world-class dining and Cedars-Sinai.
- Exceptional Investment Potential
Representing a rare entry-level price point for Beverly Hills, the property serves as a versatile opportunity for a starter home, a high-upside fixer-upper, or a complete teardown for a custom estate.
- Functional Bonus Space
The converted detached garage provides valuable additional square footage for a home office or recreation room, while the layout facilitates seamless indoor-outdoor living from the kitchen and master suite.
CONSRISKS & DEFICIENCIES
- Limited Living Area
At just 1,232 square feet on a modest 4,793-square-foot lot, the property offers limited interior space and yard size compared to typical luxury residences in the area.
- Significant Capital Requirement
Built in 1926 and marketed as a fixer-upper or teardown, the property will likely require substantial additional investment for modernization or reconstruction to meet contemporary luxury standards.
About 418 S La Peer Drive
Welcome to 418 S La Peer Drive - an exceptional entry point into one of the world's most desirable zip codes. Whether you are looking for the perfect starter home, a prime fixer-upper, or a teardown to build your dream estate, this property offers tons of potential. The current 1,232-square-foot home features 2 bedrooms and 2 bathrooms, situated on a 4,793-square-foot lot. For added flexibility, the detached garage has been converted into a bonus/recreation space. The layout is designed for easy indoor-outdoor living, with a private patio and backyard accessible directly from both the kitchen and master bedroom. Tons of dedicated on-site parking and in-unit laundry are included as well. Location is everything. Situated within the award-winning Beverly Hills Unified School District, this address places you just minutes away from Cedars-Sinai Medical Center, elite private schools, places of worship, world-class shopping, and high-end dining. Bring your architect or your imagination investment opportunities at this price point in Beverly Hills are incredibly rare.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 4,793 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 2.0 | 4.7 |
| Square foot | 1,232 | 3,496.845 |
| Lot Size | 4,793 | 13,721.569 |
| Price | $1.95M | $5.41M |
| Price per sq ft | $1.6K | $1.5K |
| Built year | 1926 | 1955 |
| HOA | $0 | $1.4K |
| Days on market | 9 | 68 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,950,000
Initial Listing