9926 Beverly Grove Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 3 bath
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Beverly Hills, California 90210
This Premier Development Opportunity is listed at $6,850,000, representing a strategic acquisition on a rare promontory in Lower BHPO. While the Fair Market Value is estimated at $6,102,883, the premium accounts for the 27,670 sqft Lot and existing 15,000 sqft Build Plans. Currently holding a Condition Rating of 6, the property is a high-potential Value-Add Asset marketed for its significant development upside. Featuring Panoramic Ocean and City Views and access to Warner Avenue Elementary and Beverly Hills High School, this project is ideal for Luxury Developers or End-Users.
Property is land value only, full reconstruction required.
Built in 1956 with no evidence of recent renovations, this property is marketed as a development opportunity rather than a move-in ready home. The listing focuses on the land's value, promontory views, and existing plans for a new 15,000 sqft estate. The provided images consist of views and architectural renderings of a future build, confirming the existing structure is intended for demolition or a complete reconstruction.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27670, living area = 2362.
Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on a rare promontory in Lower BHPO, the property offers breathtaking, unobstructed views of the ocean, coastline, and city lights from a highly coveted location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =27670, other record lot size in square feet = 27576. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1956, the current 2,362 sqft residence is likely a tear-down or requires a complete overhaul to meet the standards of the surrounding multi-million dollar neighborhood.
Beyond the $6.85M acquisition cost, the project demands significant additional investment for construction and carrying costs to realize the 15,000 sqft potential.
Ocean and City View Promontory in LOWER BHPO with plans. Seller is open to Joint Venture, Creative Structure, and there is attractive financing in play. This property offers a one-of-a-kind opportunity with stunning views, situated in a prime location on one of the best streets in the area. For both Developers and End-Users, this property presents excellent upside potential to build new or Remodel addition. Current Plans (Plan SQFT flexible up to 15k), Geologic reports, and a survey/slope analysis are available.
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 | 5.0 | 21% |
| Baths | 3.0 | 5.0 | 18% |
| Square foot | 2,362 | 4,342 | 12% |
| Lot Size | 27,670 | 18,824 | 77% |
| Price | $6.85M | $6.80M | 50% |
| Price per sq ft | $2.9K | $1.4K | 95% |
| Built year | 1956 | 1959 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 196 | 2% |
Apr 15, 2026
$6,850,000
Initial Listing
Jun 21, 2013
$1,350,000
Public Record