
Beverly Hills, California 90210
This High-Potential Development Opportunity is listed at $2,497,000, representing a strategic Value-Add asset in the prestigious Beverly Hills Post Office enclave. While the $2,180,298 Fair Market Value reflects the existing 1956 structure, the 18,810 Sqft Lot and Panoramic City-to-Ocean Views drive the property's long-term valuation. With a Condition Rating of 5, the residence requires a full restoration or redevelopment to realize its 6,000-square-foot potential. Benefiting from Top-Rated Schools like Warner Avenue Elementary (9/10) and Beverly Hills High (9/10), this acquisition is a high-ROI project ideal for Developers or Luxury Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9924 Beverly Grove Drive Subject | $2,497,000* List Price | 3 | 3 | 2,582 | $840 | - |
A 2000 San Ysidro Pending | $2,499,000 List Price | 3 | 3 | 2,222 | $1,125 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956, this mid-century residence is marketed primarily as a restoration project or a development opportunity. The listing description emphasizes the need to 'restore and modernize' and highlights an 'underbuilt analysis' for a much larger structure, indicating that the current kitchen, bathrooms, and major systems are significantly outdated and require substantial rehabilitation to meet contemporary luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18810, living area = 2582.
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on a private road in the elite Beverly Hills Post Office enclave, the property offers unparalleled privacy and is surrounded by world-renowned celebrity neighbors, ensuring long-term value and status.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2582, other record living area = 1554.
The 1956 mid-century structure requires significant restoration and modernization to meet contemporary luxury standards, which may necessitate a substantial additional capital investment.
The property's hillside topography and private road access may present logistical challenges and higher engineering costs for future expansion or large-scale redevelopment projects.
Perched atop a private knoll in Beverly Hills Post Office, 9924 Beverly Grove Drive commands panoramic views stretching from Downtown Los Angeles to the Pacific Ocean. Tucked away on a quiet private road and surrounded by some of the area's most notable residents, including LeBron James, Lisa Kudrow, and Kylie Jenner, this hillside retreat offers an uncommon combination of privacy, prestige, and long term potential. The existing mid century residence spans approximately 2,582 square feet with three bedrooms and three bathrooms. At the heart of the home, a striking indoor pool sits beneath three oversized skylights, flooding the space with natural light and creating a dramatic spa like atmosphere rarely found in Beverly Hills properties. High ceilings throughout enhance the sense of volume and openness, while the main living areas were thoughtfully designed to frame sweeping city to ocean views. Set on nearly half an acre, the property presents meaningful upside for multiple buyer profiles. For a mid century enthusiast, it offers the opportunity to thoughtfully restore and modernize a classic hillside retreat with extraordinary bones. For those exploring expansion, a recent underbuilt analysis indicates the potential to build approximately 5,300 to 6,000 square feet across multiple levels, subject to buyer verification. Properties that combine panoramic views, private road access, architectural character, and expansion flexibility in BHPO are increasingly limited. Whether preserved and elevated or reimagined into a larger custom estate, 9924 Beverly Grove Drive represents a rare opportunity in one of Los Angeles' most sought after hillside enclaves.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 21% |
| Baths | 3.0 | 5.0 | 19% |
| Square foot | 2,582 | 4,366 | 19% |
| Lot Size | 18,810 | 18,075 | 52% |
| Price | $2.50M | $6.36M | 18% |
| Price per sq ft | $967 | $1.4K | 23% |
| Built year | 1956 | 1959 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 116 | 154 | 29% |
Feb 20, 2026
$2,497,000
Initial Listing