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1461 Laurel Way, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 4 bath

1461 Laurel Way, Beverly Hills, California 90210 home-pic-0
ACTIVE$4,250,000
1461 Laurel Way, Beverly Hills, California 90210
4Beds
4Baths
3,677Sqft
18,562Lot
Year Built
1973
Close
-
List price
$4.25M
Original List price
$4.75M
Price/Sqft
$1,156
HOA
-
Days on market
-
Sold On
-
MLS number
24407669
Home ConditionPoor
Features
Good View: City Lights, Coastline
Patio
ViewCity Lights,Coastline

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,7 Pros. Rank: price - $4.25M(40th), sqft - 3677(45th), beds - 4(45th), baths - 4(38th).

Classic 70's Architecture and lifestyle awaits. Located at the quiet end of a cul-de-sac in BHPO. Built in 1973 this residence provides a backdrop to those who appreciate the Mid Century Era. The kitchen and breakfast area provide picturesque views of the city below and on a clear day you can see the ocean. The primary bedroom has a walk in closet plus additional closet space. There are 2 additional bedrooms on the main level and 1 bedroom with bathroom on the lower level. There is storage space throughout the residence. This is a perfect opportunity to reimagine this 1970's property. Warner Avenue School District. Broker does not guarantee the accuracy of the information provided, including square footage, lot size, permitted or un-permitted spaces, and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits and/or with appropriate professionals (i.e. attorney, appraiser, architect, surveyor, etc.)

Nearby schools

9/10
West Hollywood Elementary School
Public,•K-5•1.9mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.2mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.5mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.0mi
8/10
Hawthorne Elementary School
Public,•K-8•1.7mi
8/10
El Rodeo Elementary School
Public,•K-8•2.2mi
6/10
Walter Reed Middle School
Public,•6-8•4.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.7mi
2/10
Van Nuys Middle School
Public,•6-8•5.2mi
9/10
Beverly Hills High School
Public,•9-12•2.6mi
7/10
Fairfax Senior High School
Public,•9-12•3.5mi
6/10
University Senior High School
Public,•9-12•4.4mi
6/10
University Senior High School Charter
Public,•9-12•4.4mi
8/10
North Hollywood Senior High School
Public,•9-12•4.9mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•5.4mi
6/10
Van Nuys Senior High School
Public,•9-12•6.6mi
Condition Rating
Poor
Built in 1973, this property retains its original 1970s architecture and interior, as confirmed by the description and images showing dated wallpaper, carpet, and fixtures in the living areas. The listing explicitly states it's a 'perfect opportunity to reimagine this 1970's property,' indicating a need for substantial renovation. While no images of the kitchen or bathrooms are provided, it's highly probable they are also original and severely outdated, requiring complete modernization. Major systems (plumbing, electrical, HVAC) are likely at the end of their lifespan, necessitating replacement. This condition requires significant rehabilitation to meet current standards and comfort.
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 = 18562, living area = 3677.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location: Situated in the prestigious Beverly Hills Post Office (BHPO) on a quiet cul-de-sac, offering exclusivity and tranquility.
Exceptional Views: Features picturesque city views and potential ocean views on clear days, enhancing desirability and value.
Architectural Appeal: Appeals to buyers seeking 'Classic 70's Architecture' and 'Mid Century Era' design, offering a unique aesthetic.
Generous Lot Size: A substantial 18,562 sqft lot provides ample space for potential expansion, landscaping, or outdoor amenities.
Top-Rated School District: Zoned for the highly-regarded Warner Avenue Elementary School District (rated 9), a significant draw for families.

Cons

Extensive Renovation Required: The property is presented as an 'opportunity to reimagine,' indicating it likely requires significant modernization and updates to meet current luxury standards.
Potential Overpricing: The current list price of $4.25M is considerably higher than the estimated value of $2.945M, suggesting a potential overvaluation or a price that factors in substantial future renovations.
Dated Condition: Built in 1973, the 'Classic 70's Architecture' implies an outdated interior and systems that may not align with contemporary buyer expectations without substantial investment.

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