
Beverly Hills, California 90210
This property presents a High-Potential Investment Opportunity with a List Price of $6,495,000—positioned well below the $6,682,975 Fair Market Value by 2%. This valuation gap offers $187,975 in Instant Equity for buyers. With a Condition Rating of 6, this redevelopment asset features an expansive 12,430-square-foot lot in the prestigious Beverly Hills Flats. Served by top-rated schools like Hawthorne Elementary and Beverly Hills High, this is an ideal acquisition for Developers or End Users seeking to build a landmark estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 513 N Rexford Drive Subject | $6,495,000* List Price | 4 | 3 | 2,876 | $2,324 | - |
A 505 N Roxbury Drive Active | $6,950,000 List Price | 4 | 3 | 2,462 | $2,823 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1924 (>50 years old) with no evidence of recent renovations; the listing explicitly targets developers and builders as a 'redevelopment opportunity' for a 'landmark estate,' and images show an empty pool and overgrown grounds, indicating the property is being sold for land value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12430, living area = 2876.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on a premier tree-lined street in the prestigious Beverly Hills Flats, the property offers unparalleled proximity to the Golden Triangle, Rodeo Drive, and world-class luxury amenities.
The property was recently sold within the past year on 2025-11-06. The sold price is $5,800,000.00.
As a 1924 structure marketed as a fixer or redevelopment opportunity, the property requires a total overhaul or demolition, necessitating substantial additional capital and time for construction.
The $6.495M list price represents a significant investment for land value alone, which may limit the buyer pool to high-net-worth individuals or developers capable of managing a multi-million dollar build.
ATTENTION DEVELOPERS, INVESTORS, BUILDERS, AND END USERS. An extraordinary opportunity to create a landmark estate in one of the most prestigious locations within the Beverly Hills Flats. Situated on an expansive approximately 12,430-square-foot lot with approximately 80 feet of frontage and impressive dimensions of approximately 80' x 155', this exceptional parcel offers the ideal canvas for a signature Beverly Hills estate. The generous width and depth provide exceptional flexibility to create a truly spectacular residence featuring striking architecture, seamless indoor-outdoor living, resort-inspired grounds, extraordinary pool and outdoor entertaining areas, wellness amenities, guest accommodations, and every luxury feature imaginable. Surrounded by some of Beverly Hills' most distinguished estates on one of the Flats' premier tree-lined streets, the property includes an existing pool and presents an exceptional fixer or redevelopment opportunity in a neighborhood where newly constructed residences continue to command record-setting prices. Whether envisioned as a timeless architectural masterpiece or a sophisticated contemporary estate, this premier parcel offers limitless potential in one of the world's most coveted luxury neighborhoods. Just moments from the iconic Golden Triangle, Rodeo Drive, Beverly Drive, and Canon Drive, the location offers an unparalleled lifestyle with luxury shopping, acclaimed dining, premier hotels, and every amenity Beverly Hills is celebrated for. Enjoy world-renowned destinations including Spago, Avra, Matu, The Maybourne Beverly Hills, The Beverly Hills Hotel, Beverly Gardens Park, along with countless luxury boutiques, cafes, art galleries, and entertainment destinations. Century City, West Hollywood, Holmby Hills, and Bel Air are all just minutes away, placing the very best of Los Angeles within effortless reach. Opportunities to acquire an approximately 80' x 155' parcel in the Beverly Hills Flats are increasingly rare. A remarkable offering for developers, investors, builders, architects, or end users seeking to create a trophy estate in one of the world's most iconic luxury neighborhoods, where exceptional homes continue to define the pinnacle of Beverly Hills living. The plans for this stunning Spanish Revival home have been approved by the city's Design Review committee and include a drive-down basement and the option to add an additional ADU, bringing the total square footage to 11,140SF.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-6 • 1.7 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 4.7 |
| Square foot | 2,876 | 3,496.845 |
| Lot Size | 12,430 | 13,721.569 |
| Price | $6.50M | $5.41M |
| Price per sq ft | $2.3K | $1.5K |
| Built year | 1924 | 1955 |
| HOA | $0 | $1.4K |
| Days on market | 40 | 68 |
Jul 31, 2026
$6,495,000
Initial Listing
Nov 6, 2025
$5,800,000
Public Record