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212 S Rodeo, Beverly Hills, California 90212, Beverly Hills, 90212 - 3 bed, 2 bath

212 S Rodeo, Beverly Hills, California 90212 home-pic-0
ACTIVE$4,500,000
212 S Rodeo, Beverly Hills, California 90212
3Beds
2Baths
2,640Sqft
7,014Lot
Year Built
1940
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$1,705
HOA
-
Days on market
-
Sold On
-
MLS number
BB25257652
Home ConditionTear down
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.50M(67th), sqft - 2640(27th), beds - 3(33th), baths - 2(20th).

First Time on Market in Over 60 Years!!! 2,640 Sq. Ft. 3 Bed 2 Bath Single Family Home w/Detached Garage on a 7,012 Sq. Ft. Lot, Located in the Heart of Beverly Hills on Rodeo Drive. Just 1 1/2 Blocks South of Wilshire Blvd. and the Golden Triangle and 2 Blocks West of Beverly Dr. Incredible Location and Incredibly Walkable Neighborhood. Property is being Sold in its "As-Is" Condition. Home Has Not Been Updated. Current Home Inspection & Termite Report Available Upon Qualified Offer Submittal. Amazing Location and Amazing Opportunity for Tear Down/New Construction Project or Renovation/Addition. This is Not a Turnkey Home Listing, But an Opportunity to Own Property in One of the Most Desirable Neighborhoods in the World!

Price History

Date
Event
Price
11/10/25
Listing
$4,500,000
Condition Rating
Tear down
The property was built in 1940 and explicitly stated to have 'Not Been Updated' and is 'Not a Turnkey Home Listing,' having been on the market for the first time in over 60 years. Both the kitchen and bathrooms are severely outdated in style and condition, featuring original or very old fixtures, tiling, and cabinetry from the mid-20th century. The listing description itself suggests it as an 'Opportunity for Tear Down/New Construction Project or Renovation/Addition,' indicating the existing structure's value is primarily in its land and development potential rather than the home itself. This aligns perfectly with the criteria for a 'Tear-down' property.
Pros & Cons

Pros

Unbeatable Prime Location: Situated in the heart of Beverly Hills on Rodeo Drive, just 1.5 blocks south of Wilshire Blvd and the Golden Triangle, offering unparalleled access to luxury shopping, dining, and entertainment.
Exceptional Development Potential: Presents a significant opportunity for a tear-down and new construction project or a substantial renovation/addition, catering to buyers looking to create a bespoke luxury residence.
Rare Market Offering: This property is on the market for the first time in over 60 years, representing a unique and exclusive chance to acquire land in one of the world's most desirable neighborhoods.
Generous Lot Size: A 7,012 sq. ft. lot in Beverly Hills provides ample space for a substantial new build or an expanded luxury home, maximizing the investment potential in this prestigious area.
High Walkability Score: Described as an 'incredibly walkable neighborhood,' offering convenient pedestrian access to local amenities, shops, and restaurants, enhancing the lifestyle appeal.

Cons

Extensive Renovation Required: The home has not been updated and is explicitly stated as 'not a turnkey home listing,' indicating a need for significant investment in modernization or a complete overhaul.
Sold 'As-Is' Condition: The property is being sold in its 'As-Is' condition, meaning the buyer assumes full responsibility for any necessary repairs, upgrades, or existing issues without seller contribution.
Outdated Structure: Built in 1940 and not updated, the existing structure likely features outdated systems, finishes, and layouts that do not meet contemporary luxury standards, necessitating substantial work.

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