512 N Palm Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 9 bath
ACTIVE$8,995,000
512 N Palm Drive, Beverly Hills, California 90210
5Beds
9Baths
4,426Sqft
11,793Lot
Price Vs. Estimate
The estimated value ($7,492,568.36) is $1,502,431.64 (16%) lower than the list price ($8,995,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Significant Valuation Gap: The current listing price of $8.995M is notably higher than the estimated property value of $7.49M, which may present a challenge in justifying the premium to potential buyers.
Compared to the nearby listings
Price:$8.99M vs avg $5.25M (+$3,745,000)65%
Size:4,426 sqft vs avg 3,967 sqft55%
Price/sqft:$2.0K vs avg $1.2K79%
More Insights
Built in 1928 (97 years old).
Condition: The property, built in 1928, maintains its charming Spanish character with well-preserved architectural details. The kitchen features stainless steel appliances and granite countertops, which, along with the traditional custom cabinetry, appear to be from a renovation likely 15-20 years ago, making them functional but somewhat dated in style. Bathrooms are generally well-maintained with classic finishes and fixtures, but also do not reflect a very recent, high-end renovation. While move-in ready, the overall aesthetic and some components suggest it would benefit from minor updates to meet current luxury standards and styles, aligning with the 'fair' category criteria for properties renovated 15-30 years ago.
Year Built
1928
Close
-
List price
$8.99M
Original List price
$8.99M
Price/Sqft
$2,032
HOA
-
Days on market
-
Sold On
-
MLS number
25536053
Home ConditionFair
Features
Good View: Park/Greenbelt
Pool
Patio
ViewPark/Greenbelt
About this home
Previously owned by Jean Harlow & Rita Hayworth - 512 N Palm Drive is privately gated and ideally located on one of the most coveted streets in the iconic Beverly Hills Flats. This charming Spanish-style estate offers nearly 4,500 square feet of living space on a generous nearly 12,000-square-foot lot. Rich in character and timeless detail, the home features soaring vaulted ceilings, exposed wood beams, arched doorways, hand-painted Spanish tiles, and elegant ironwork throughout. The traditional yet functional layout is ideal for entertaining, with a spacious living room, bar, seamless indoor-outdoor flow, and a well-appointed kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a separate breakfast area. The primary suite serves as a five-star retreat with treetop views, fireplace and office area, a spa-like bathroom with a soaking tub and separate shower, and an expansive walk-in closet. The outdoor spaces include a pergola-shaded patio, a sparkling pool, and a detached guesthouse with its own bedroom, bath, living room, and balcony overlooking the beautifully landscaped grounds, all just moments from world-class shopping, dining, and all the city has to offer.
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•0.9mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•1.3mi
7/10
Canfield Avenue Elementary School
Public,•K-5•2.0mi
5/10
Carthay Center Elementary
Public,•K-5•2.1mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.2mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•2.4mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.7mi
8/10
Hawthorne Elementary School
Public,•K-8•0.4mi
8/10
Beverly Vista Elementary School
Public,•K-8•0.9mi
8/10
Horace Mann Elementary School
Public,•K-8•1.3mi
8/10
El Rodeo Elementary School
Public,•K-8•1.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.5mi
7/10
John Burroughs Middle School
Public,•6-8•3.6mi
7/10
Palms Middle School
Public,•6-8•4.0mi
3/10
Daniel Webster Middle School
Public,•6-8•4.1mi
9/10
Beverly Hills High School
Public,•9-12•1.4mi
7/10
Fairfax Senior High School
Public,•9-12•2.1mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•3.1mi
6/10
University Senior High School Charter
Public,•9-12•4.4mi
6/10
University Senior High School
Public,•9-12•4.4mi
Price History
Date
Event
Price
12/08/00
Sold
$1,940,000
10/01/97
Sold
$1,675,000
07/10/07
Sold
$3,960,000
Condition Rating
Fair
The property, built in 1928, maintains its charming Spanish character with well-preserved architectural details. The kitchen features stainless steel appliances and granite countertops, which, along with the traditional custom cabinetry, appear to be from a renovation likely 15-20 years ago, making them functional but somewhat dated in style. Bathrooms are generally well-maintained with classic finishes and fixtures, but also do not reflect a very recent, high-end renovation. While move-in ready, the overall aesthetic and some components suggest it would benefit from minor updates to meet current luxury standards and styles, aligning with the 'fair' category criteria for properties renovated 15-30 years ago.
Pros & Cons
Pros
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Historical Significance & Celebrity Pedigree: The property boasts a unique and compelling history, having been previously owned by iconic figures Jean Harlow and Rita Hayworth, adding significant allure and marketability.
Prime Beverly Hills Flats Location: Ideally situated on one of the most coveted streets in the iconic Beverly Hills Flats, offering unparalleled prestige, privacy, and convenient access to world-class amenities.
Distinctive Spanish-Style Architecture & Character: A charming Spanish-style estate rich in character, featuring timeless details such as soaring vaulted ceilings, exposed wood beams, arched doorways, hand-painted Spanish tiles, and elegant ironwork.
Generous Lot Size & Outdoor Amenities: The property sits on a generous nearly 12,000-square-foot lot, offering expansive outdoor living with a pergola-shaded patio, a sparkling pool, and beautifully landscaped grounds.
Detached Guesthouse: Includes a valuable detached guesthouse with its own bedroom, bath, living room, and balcony, providing versatile space for guests, staff, or a private office.
Cons
Significant Valuation Gap: The current listing price of $8.995M is notably higher than the estimated property value of $7.49M, which may present a challenge in justifying the premium to potential buyers.
Age-Related System Concerns: Built in 1928, the property's age suggests potential for original or older infrastructure (e.g., plumbing, electrical, HVAC systems) that may require future investment for modernization or maintenance.
Limited Comprehensive Modernization: While the kitchen is well-appointed and the primary bath is spa-like, the description does not indicate a full, high-end modernization across all areas, which some luxury buyers might expect in a property of this vintage and price point.