1012 Wallace, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 6 bath
ACTIVE$38,000,000
1012 Wallace, Beverly Hills, California 90210
5Beds
6Baths
5,500Sqft
36,255Lot
Year Built
Close
-
List price
$38M
Original List price
$38M
Price/Sqft
$6,909
HOA
-
Days on market
-
Sold On
-
MLS number
24445631
Home ConditionExcellent
Features
Excellent View: City Lights, Ocean
Pool
Patio
ViewCity Lights,Ocean
About this home
We found 4 Cons,7 Pros. Rank: price - $38.00M(97th), sqft - 5500(68th), beds - 5(50th), baths - 6(59th).
Iconic Trousdale mid-century modern estate designed by the legendary A. Quincy Jones, FAIA. Set on a nearly 1-acre flat lot, on one of the top 3 best promontory lots in Trousdale, with sweeping unobstructed city to ocean views and one of the biggest flat grassy lawns in Trousdale. Soaring ceilings, a floor plan that is perfect for entertaining, and one of the best views in Trousdale. Secured, private, and a very peaceful setting. Trousdale has a rare few gems, and an architectural marvel like this comes up once in a lifetime. Here is your chance to own a piece of history in the number one location in all of Los Angeles.
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•0.9mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.3mi
8/10
Hawthorne Elementary School
Public,•K-8•1.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.5mi
7/10
Fairfax Senior High School
Public,•9-12•2.3mi
9/10
Beverly Hills High School
Public,•9-12•2.7mi
6/10
University Senior High School Charter
Public,•9-12•5.3mi
6/10
University Senior High School
Public,•9-12•5.3mi
Price History
Date
Event
Price
06/27/25
Sold
$32,200,000
09/30/24
Listing
$38,000,000
02/08/22
Sold
$19,500,000
Condition Rating
Excellent
This iconic mid-century modern estate, while retaining its architectural heritage, has clearly undergone an extensive and high-quality renovation. The bathrooms, as seen in the images, are virtually new with modern fixtures, freestanding tubs, large walk-in showers, and high-end tiling, reflecting current luxury standards. The overall interior features polished concrete or large format tile flooring, recessed lighting, and a minimalist, contemporary aesthetic throughout. The exterior and pool area are meticulously maintained. Although the original build year is not provided, the pristine condition and modern updates visible across all images strongly indicate a full renovation within the last 5 years, aligning perfectly with the 'Excellent' criteria for a property extensively renovated to current quality standards with no deferred maintenance.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36255, living area = 5500.
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Iconic Architectural Pedigree: Designed by the legendary A. Quincy Jones, FAIA, this mid-century modern estate offers significant historical and artistic value, appealing to discerning buyers seeking a unique piece of architectural history.
Unrivaled Location & Panoramic Views: Situated on one of the top 3 best promontory lots in Trousdale, the property boasts sweeping, unobstructed city-to-ocean views from a prime Beverly Hills location, described as the 'number one location in all of Los Angeles'.
Expansive Flat Lot & Outdoor Space: The nearly 1-acre flat lot features one of the biggest flat grassy lawns in Trousdale, providing rare and highly valuable usable outdoor space for recreation and entertaining in a typically sloped area.
Privacy and Security: The estate offers a secured, private, and peaceful setting, a crucial amenity for high-net-worth individuals seeking exclusivity and tranquility.
Entertainer's Dream Layout: With soaring ceilings and a floor plan 'perfect for entertaining,' the property is ideally suited for hosting lavish events and accommodating a luxury lifestyle.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-06-27. The sold price is $32,200,000.00.
Exclusivity of Price Point: The $38 million asking price places the property in an extremely niche market, significantly limiting the pool of potential buyers.
Specific Architectural Style Appeal: While iconic, the mid-century modern design may not universally appeal to all ultra-luxury buyers, potentially narrowing market interest compared to more contemporary or versatile architectural styles.
Moderate Square Footage for Lot Size: At 5,500 sqft on a nearly 1-acre lot, some ultra-luxury buyers might find the existing structure's size modest relative to the expansive and prime land, potentially leading to considerations for significant expansion or redevelopment, adding substantial future costs.