502 N Palm Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 5 bath
502 N Palm Drive
Beverly Hills, California 90210
Property Price
SUMMARY
Analysis of 502 N Palm Drive, Beverly Hills, California 90210 reveals a Fairly Priced Property with a current list price of $6,495,000 aligned with the estimated $6,584,252 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 502 N Palm Drive Subject | $6,495,000* List Price | 5 | 5 | 4,115 | $1,600 | - |
A 512 N Palm Drive Sold | $7,326,000 | 6 | 9 | 4,426 | $1,655 | 0.1 mi |
B 609 N Oakhurst Drive Sold | $6,950,000 | 5 | 4 | 3,967 | $1,752 | 0.4 mi |
C 525 N Rexford Drive Active | $7,998,000 List Price | 6 | 6 | 4,750 | $1,684 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1929 Mediterranean estate is move-in ready and features significant updates, including a chef's kitchen with a center island and top-tier stainless steel appliances, as well as a renovated primary bathroom. While it preserves some period details like Deco-era tiling, the overall quality of the wood and marble flooring, high ceilings, and well-maintained systems aligns with a 'good' rating for a property of this vintage.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Beverly Hills Location
Situated on a prestigious Jacaranda tree-lined street in the heart of the 90210 zip code, this property offers exceptional curb appeal and immediate proximity to world-class amenities and the Beverly Hills Farmers' Market.
- Expansive Lot and Outdoor Amenities
The rare 12,378 square foot lot features an impressive 165-foot depth, accommodating a large pool, pool bath, lush lawns, and extensive off-street parking via a circular drive and gated driveway.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4115, other record living area = 3756. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Strict As-Is Condition
The property is being sold strictly in 'as is, where is' condition, which implies the buyer will be responsible for all necessary repairs, upgrades, and potential deferred maintenance.
- Vintage Infrastructure Concerns
Built in 1929, the home may require significant capital investment to modernize aging systems such as plumbing, electrical, or seismic retrofitting to meet contemporary standards.
About 502 N Palm Drive
Seller intends to review offers by Friday, March 6th at 5PM. Please request the Offer Submission Package beginning on Tuesday, March 3rd so that you will have the guidelines for your presentation outlined. This elegant, updated, and spacious 2sty Mediterranean is available for sale for the first time in 28 years. Featuring light-filled rooms with high ceilings, French doors, and wood/marble floors, this gem has a fantastic layout with an open entertaining flow between the living room, the den/bar room, and the large beamed ceiling family room. A gracious entry with a sweeping staircase and chic powder room sets the tone. Fabulous chef's center-isle kitchen with top stainless appliances is accessed from a lovely formal dining room and charming breakfast room. 4 generous bedrooms upstairs (including 2 possible primaries) and maid's quarters downstairs. The main primary suite contains a sitting area, huge walk-in closet, and a luxurious updated bathroom. The alternate primary suite exhibits original purple Deco-era wall tilework in the glamorous bathroom. With a lot depth of 165ft, the rear yard is immense in scale and displays lawns, patios, pool, pool bath, storage room, garage with secondary laundry facilities, and mature foliage. Circular drive along with a straight connected gated driveway and garage affords tremendous off-street parking. Ultimate curb appeal on a beautiful Jacaranda tree-lined road moments from the best of Beverly Hills (including our renowned weekly Farmers' Market) and the Westside. Sold in strictly "as is, where is" condition. Seller selects services.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 12,378 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Beverly Hills Unified Schools
West Hollywood Elementary School
Grades K-5 • 0.9 mi
Rosewood Avenue Elementary School, School for Advanced Studies
Grades K-6 • 1.3 mi
Canfield Avenue Elementary School
Grades K-5 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 5.0 | 5.0 | 50% |
| Square foot | 4,115 | 3,730 | 56% |
| Lot Size | 12,378 | 17,409 | 29% |
| Price | $6.50M | $5.25M | 54% |
| Price per sq ft | $1.6K | $1.2K | 66% |
| Built year | 1929 | 1960 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 210 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$6,495,000
Initial Listing
Sold
May 28, 1998
$1,394,000
Public Record