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9924 Beverly Grove Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 3 bath

9924 Beverly Grove Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$2,498,000
9924 Beverly Grove Drive, Beverly Hills, California 90210
3Beds
3Baths
2,582Sqft
18,810Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 18810, living area = 2582.
Top Cons:
Age and Renovation Needs: Built in 1956, the mid-century modern home, while historic, implies potential for significant renovation or transformation costs to meet modern luxury standards or realize its full potential.

Compared to the nearby listings

Price:$2.50M vs avg $5.25M ($-2,752,000)18%
Size:2,582 sqft vs avg 3,925 sqft22%
Price/sqft:$967 vs avg $1.2K28%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, this historic mid-century modern home is explicitly marketed for its 'endless potential, whether for restoration or transformation,' with a pre-development study for a significantly larger 5,300-6,000 sq ft estate. The description highlights 'Age and Renovation Needs' and 'Modest Current Size' as weaknesses, strongly suggesting the property's value lies primarily in the land and its redevelopment potential. While the exterior appears cosmetically maintained, the lack of interior photos, especially of the kitchen and bathrooms, combined with the property's age and the emphasis on building a 'luxurious custom estate,' indicates that the existing structure is functionally obsolete for the high-value Beverly Hills market and would likely require demolition or a near-total rebuild to maximize its potential.
Year Built
1956
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$967
HOA
-
Days on market
-
Sold On
-
MLS number
IG25200698
Home ConditionTear down
Features
Excellent View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

An exceptional value in BHPO. Attention Mid-Century modern enthusiasts and developers: Discover the perfect blend of architectural heritage and development potential at 9924 Beverly Grove Drive, a historic mid-century modern home for sale in Beverly Hills, perched atop a scenic knoll in the prestigious Beverly Hills Post Office. Surrounded by some of LA's most high-profile residents, including LeBron James, Lisa Kudrow, and Kylie Jenner, this star-studded enclave offers both prestige and privacy. Privately tucked away on a private road, this rare single-story residence offers breathtaking panoramic city views, exceptional privacy, and timeless design. Spanning approximately 2,582 square feet, the home features three spacious bedrooms, three bathrooms, and a striking indoor pool that creates a peaceful, spa-like atmosphere at the center of the home. The expansive living room was thoughtfully designed to take full advantage of the sweeping city views, offering a bright and open space ideal for both everyday living and entertaining. Set on nearly half an acre of prime Beverly Hills real estate, this historic mid-century property offers endless potential, whether for restoration or transformation. A pre-development study by a renowned Los Angeles architect outlines plans for a 5,300-6,000 sq ft estate across three levels. Developers may also benefit from the potential to lift current deed restrictions, opening the door to merging with adjacent parcels for expanded development opportunities. The current layout also presents cost-effective opportunities to expand the home's footprint and bedroom count, making it ideal for a developer or end user looking to maximize value in a highly sought-after location. Whether you're looking to restore a classic or build a luxurious custom estate, 9924 Beverly Grove Drive presents a rare opportunity to own a mid-century modern home with panoramic city views, exceptional privacy, and one of the few indoor pools found in Beverly Hills real estate offering a truly unique blend of architectural charm and lifestyle potential in the prestigious BHPO.

Nearby schools

9/10
Warner Avenue Elementary School
Public,•K-5•1.7mi
9/10
West Hollywood Elementary School
Public,•K-5•2.2mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.8mi
9/10
Wonderland Avenue 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•1.9mi
6/10
Walter Reed Middle School
Public,•6-8•4.7mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•5.1mi
2/10
Van Nuys Middle School
Public,•6-8•5.4mi
9/10
Beverly Hills High School
Public,•9-12•2.3mi
7/10
Fairfax Senior High School
Public,•9-12•3.8mi
6/10
University Senior High School
Public,•9-12•3.9mi
6/10
University Senior High School Charter
Public,•9-12•3.9mi
8/10
North Hollywood Senior High School
Public,•9-12•5.4mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•5.8mi
6/10
Van Nuys Senior High School
Public,•9-12•6.8mi
Condition Rating
Tear down
Built in 1956, this historic mid-century modern home is explicitly marketed for its 'endless potential, whether for restoration or transformation,' with a pre-development study for a significantly larger 5,300-6,000 sq ft estate. The description highlights 'Age and Renovation Needs' and 'Modest Current Size' as weaknesses, strongly suggesting the property's value lies primarily in the land and its redevelopment potential. While the exterior appears cosmetically maintained, the lack of interior photos, especially of the kitchen and bathrooms, combined with the property's age and the emphasis on building a 'luxurious custom estate,' indicates that the existing structure is functionally obsolete for the high-value Beverly Hills market and would likely require demolition or a near-total rebuild to maximize its potential.
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 = 18810, living area = 2582.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Development Potential: The property offers significant development potential, with a pre-development study outlining plans for a 5,300-6,000 sq ft estate across three levels, and opportunities to expand the current footprint or merge with adjacent parcels.
Prestigious Location & Privacy: Located in the highly sought-after Beverly Hills Post Office (BHPO) on a private road, surrounded by high-profile residents, offering exceptional privacy and prestige.
Panoramic City Views: Perched atop a scenic knoll, the residence boasts breathtaking panoramic city views, enhancing its desirability and value.
Generous Lot Size: Set on nearly half an acre (18,810 sqft) of prime Beverly Hills real estate, providing ample space for expansion or a custom estate.
Unique Indoor Pool: Features a striking indoor pool, a rare amenity in Beverly Hills real estate, creating a unique, spa-like atmosphere.

Cons

Age and Renovation Needs: Built in 1956, the mid-century modern home, while historic, implies potential for significant renovation or transformation costs to meet modern luxury standards or realize its full potential.
Modest Current Size: At 2,582 sqft, the current residence is relatively modest for a luxury Beverly Hills property, suggesting that many buyers will view it as a major renovation project or a tear-down for new construction.
Potential Development Hurdles: The mention of 'potential to lift current deed restrictions' indicates existing limitations that could complicate or delay development plans, requiring additional effort and cost.

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