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1418 Lindacrest Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 1 bed, 1 bath

1418 Lindacrest Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$2,395,000
1418 Lindacrest Drive, Beverly Hills, California 90210
1Bed
1Bath
368Sqft
21,590Lot
Year Built
1937
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$6,508
HOA
-
Days on market
-
Sold On
-
MLS number
25516039
Home ConditionTear down
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,7 Pros. Rank: price - $2.40M(15th), sqft - 368(5th), beds - 1(2th), baths - 1(3th).

Situated north of Sunset Boulevard, between Coldwater Canyon and Trousdale Estates, this ultra-private enclave is home to some of the world's most exclusive properties and high-profile residents. Seize a rare opportunity to own two adjacent parcels in the prestigious Crest Streets of BHPO, totaling 21,590 square feet. With unobstructed ocean, city skyline, and canyon views, this prime location is perfect for developers, investors, and visionaries ready to create an architectural masterpiece in one of Los Angeles' most sought-after neighborhoods. A charming 368-square-foot minimalist cottage sits on the street-facing portion of the lot, adding a unique touch. However, the true value lies in the land itself an increasingly rare commodity in Beverly Hills, as Mark Twain stated "Buy land, they're not making it anymore". This is your chance to secure an exclusive development site in a high-demand location. Zoned LARE15, this property offers exceptional flexibility. Build a grand Beverly Hills estate spanning both parcels, each boasting panoramic views and unparalleled exclusivity. This offering includes Parcel Numbers #4352-010-059 and #4352-010-031. Enjoy proximity to Beverly Hills' finest shopping, dining, and entertainment, from the legendary Polo Lounge to Rodeo Drive and the Beverly Hills Flats. This prime location blends seclusion with convenience, offering the best of both worlds. Opportunities like this are rare. Secure your place in one of the most prestigious neighborhoods in the world and bring your vision to life.**Photos 1 & 3 are Renderings**

Nearby schools

9/10
West Hollywood Elementary School
Public,•K-5•1.1mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.9mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.5mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.7mi
8/10
Hawthorne Elementary School
Public,•K-8•1.3mi
8/10
El Rodeo Elementary School
Public,•K-8•2.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.0mi
6/10
Walter Reed Middle School
Public,•6-8•4.0mi
2/10
Van Nuys Middle School
Public,•6-8•5.7mi
9/10
Beverly Hills High School
Public,•9-12•2.4mi
7/10
Fairfax Senior High School
Public,•9-12•2.7mi
6/10
University Senior High School Charter
Public,•9-12•4.8mi
6/10
University Senior High School
Public,•9-12•4.8mi
8/10
North Hollywood Senior High School
Public,•9-12•4.9mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•5.6mi
6/10
Van Nuys Senior High School
Public,•9-12•7.0mi
Condition Rating
Tear down
The property was built in 1937, making it over 50 years old. The listing explicitly states that 'the true value lies in the land itself' and that it is an 'exclusive development site' for creating an 'architectural masterpiece.' The property analysis further clarifies that the existing 368-square-foot cottage 'likely requires demolition for new development.' There are no interior images of the existing cottage, and the provided renderings are for a potential new build, not the current structure. This aligns perfectly with the 'tear-down' criteria, where the structure is beyond repair and the value is based solely on the land for redevelopment.
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 = 21590, living area = 368.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Elite Location & Prestige: Situated in an ultra-private enclave north of Sunset Boulevard, between Coldwater Canyon and Trousdale Estates, within the prestigious Crest Streets of Beverly Hills, offering unparalleled exclusivity and proximity to world-class amenities.
Significant Land Size & Development Potential: Comprises two adjacent parcels totaling 21,590 square feet, a rare commodity in Beverly Hills, zoned LARE15, providing exceptional flexibility to build a grand estate.
Panoramic Views: Boasts unobstructed ocean, city skyline, and canyon views, a highly coveted feature that significantly enhances property value and desirability.
High Investment Value: Marketed as an exclusive development site, perfect for developers, investors, and visionaries, representing a prime opportunity in a high-demand location.
Privacy & Exclusivity: The property offers a blend of seclusion and convenience, located in an ultra-private enclave known for high-profile residents, ensuring unparalleled exclusivity.

Cons

Minimal Existing Structure: The current property features only a 368-square-foot minimalist cottage (1 bed, 1 bath, built 1937), indicating the value is solely in the land and likely requires demolition for new development.
Substantial Development Costs: As a development opportunity, the purchase price is only the initial investment; significant additional capital will be required for design, permits, and construction of a new luxury estate.
Long Development Timeline: Creating an architectural masterpiece on this site will involve extensive planning, permitting, and construction, leading to a prolonged period before the property is move-in ready or revenue-generating.

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