427 S Clark Drive, Beverly Hills, California 90211, Beverly Hills, 90211 - 5 bed, 3 bath

427 S Clark Drive, Beverly Hills, California 90211 home-pic-0
ACTIVE$2,895,000$2,740/sqft
Est. Value: $2,987,891
3%
BelowEstimate
427 S Clark Drive, Beverly Hills, California 90211
5Beds
3Baths
2,740Sqft
4,798Lot

Price Vs. Estimate

The estimated value ($2,987,891.095) is $92,891.095 (3%) higher than the list price ($2,895,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Beverly Hills Location: Situated in the highly coveted 90211 zip code, offering unparalleled access to world-class services, top-rated schools, and premium dining, shopping, and entertainment.
Top Cons:
Historic Property Age (1931): Built in 1931, the home may possess older infrastructure (plumbing, electrical, HVAC) that could require future updates or maintenance, despite being move-in ready.

Compared to the nearby listings

Price:$2.90M vs avg $2.52M (+$370,000)65%
Size:2,740 sqft vs avg 2,127.5 sqft75%
Price/sqft:$1.1K vs avg $1.2K25%

More Insights

Built in 1931 (95 years old).
Condition: While the property is described as 'move-in ready' and features well-maintained hardwood floors and fresh paint, the kitchen and bathrooms show significant signs of being outdated. The kitchen has traditional wood cabinets, speckled granite countertops, and dated tile flooring, along with an older refrigerator. Two of the three bathrooms feature very dated tile work and vanity styles. Given the home's 1931 build year, and the visible updates appearing to be 15-30 years old rather than recent, it requires minor updates to meet current aesthetic standards, particularly in the wet areas.
Year Built
1931
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
$1,057
HOA
-
Days on market
-
Sold On
-
MLS number
26633837
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills

About this home

Experience Beverly Hills living at its finest with this exceptionally rare opportunity. Featuring a spacious five-bedroom layout, this move-in-ready residence is the ideal family home you've been waiting for. Enjoy full access to Beverly Hills' world class services, including police and fire departments, along with its top-rated public school system. Located just moments from some of the best dining, shopping, and entertainment in the city. Offering the rare combination of an A+ location, generous living space, and outstanding value, this home is truly a standout. When you can live in Beverly Hills, why live anywhere else?

S
Spencer Payson
Listing Agent

Price History

Date
Event
Price
07/02/98
Sold
$749,000
Condition Rating
Fair

While the property is described as 'move-in ready' and features well-maintained hardwood floors and fresh paint, the kitchen and bathrooms show significant signs of being outdated. The kitchen has traditional wood cabinets, speckled granite countertops, and dated tile flooring, along with an older refrigerator. Two of the three bathrooms feature very dated tile work and vanity styles. Given the home's 1931 build year, and the visible updates appearing to be 15-30 years old rather than recent, it requires minor updates to meet current aesthetic standards, particularly in the wet areas.
Pros & Cons

Pros

Prime Beverly Hills Location: Situated in the highly coveted 90211 zip code, offering unparalleled access to world-class services, top-rated schools, and premium dining, shopping, and entertainment.
Spacious 5-Bedroom Layout: Provides ample living space with five bedrooms, making it an ideal and functional residence for families.
Move-in Ready Condition: The property is presented as move-in ready, minimizing immediate renovation needs and offering a seamless transition for new homeowners.
Access to Elite Public Services: Benefits from Beverly Hills' renowned police, fire departments, and a highly-regarded public school system, enhancing safety and educational opportunities.
Desirable Hills View: Features a pleasant hills view, adding to the property's aesthetic appeal and desirability.

Cons

Historic Property Age (1931): Built in 1931, the home may possess older infrastructure (plumbing, electrical, HVAC) that could require future updates or maintenance, despite being move-in ready.
Modest Lot Size for Area: The 4,798 sqft lot is relatively compact for a Beverly Hills property, potentially limiting extensive outdoor amenities or future expansion compared to larger estates.
Unspecified Modern System Upgrades: While move-in ready, the description does not detail recent comprehensive modernizations of key systems, which might be a consideration for buyers seeking contemporary efficiencies in a home of this age.
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