
Los Angeles, California 90210
This property presents a High-Potential Investment Opportunity with a List Price of $1,450,000—positioned well below the $1,476,384 Fair Market Value by 1.8%. This valuation gap offers $26,384 in Instant Equity for buyers prepared to manage a Condition Rating of 5. Featuring a 10,330 sqft lot and Park/Greenbelt views, the residence requires extensive remediation and structural repair. Located in the prestigious 90210 zip code near top-rated schools like Warner Avenue Elementary, this is a major project ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9699 Yoakum Drive Subject | $1,450,000* List Price | 3 | 2 | 1,841 | $802 | - |
A 2528 Hutton Drive Sold | $1,650,000 | 3 | 3 | 1,900 | $868 | 0.3 mi |
B 9860 Yoakum Drive Sold | $1,100,000 | 1 | 2 | 1,517 | $725 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, this property is a major remodel project with significant deferred maintenance and unpermitted demolition work. The master suite is currently gutted to the studs, and the listing explicitly states a need for extensive remediation and structural repair, fitting the criteria for a property requiring a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10330, living area = 1841.
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the exclusive Beverly Hills Post Office area on a quiet canyon street, the property offers a prime 90210 address just three miles from the Beverly Hills Hotel.
The home is in a state of significant disrepair with a demolished master suite and unpermitted work, necessitating a massive capital investment for remediation and construction.
As a short sale subject to lender approval and sold strictly as-is, buyers should anticipate a prolonged closing timeline and potential regulatory hurdles regarding unpermitted demolition.
3 bedrooms + 2 bathrooms with 1,841 square feet on a 10,327 square foot lot in the Beverly Hills Post Office area, tucked away on a quiet street in the hills off of Benedict Canyon, approximately three miles north of the Beverly Hills Hotel. Set on the sunny side of the canyon, the residence retains distinctive original architectural elements but is in need of extensive renovation, remediation and construction. The home features vaulted ceilings with exposed beams, expansive windows, hardwood floors, original wood detailing and paneling, and a brick fireplace in the main living area. The property receives abundant natural light and retains much of its original architectural character. The Master Suite has been demolished down to the studs and is currently incomplete. Other areas of the property exhibit significant disrepair and deferred maintenance and will require substantial repair, remediation and renovation. No permits were obtained from the City for the existing demolition work. The property should be considered a major remodel project, and buyers should anticipate significant additional construction and expense to complete and restore the residence. Two-car garage. Short sale. Sale, purchase price and all terms are subject to lender/lienholder approval. Property is being sold strictly in its present AS-IS condition. Seller will not make repairs or complete the existing renovation work. Buyer is strongly advised to conduct their own independent investigations and due diligence concerning all aspects of the property, including, without limitation, physical and structural condition, systems, permits, prior demolition and construction, code compliance, square footage, zoning, and the scope, feasibility and cost of required repairs, remediation and construction. Buyer should independently verify all information with the City of Los Angeles and appropriately licensed contractors, architects, engineers and other professionals and should not rely upon Seller or Listing Broker for such determinations. Please allow additional time for lender review and short-sale approval.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 2.9 mi
Grades K-5 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,841 | 1,664.159 |
| Lot Size | 10,330 | 6,066.556 |
| Price | $1.45M | $1.35M |
| Price per sq ft | $788 | $806 |
| Built year | 1946 | 1939 |
| HOA | $0 | $278 |
| Days on market | 14 | 55 |
Aug 26, 2026
$1,450,000
Initial Listing
Sep 10, 2021
$1,600,000
Public Record
May 3, 2018
$1,199,000
Public Record
Jan 26, 2018
$900,000
Public Record