CA > Beverly Hills
Beverly Hills, CA 90212,502 Smithwood DR
Beverly Hills, CA 90212,502 Smithwood DR
Beverly Hills, CA 90212,502 Smithwood DR
Beverly Hills, CA 90212,502 Smithwood DR
Beverly Hills, CA 90212,502 Smithwood DR
Beverly Hills, CA 90212,502 Smithwood DR
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Tony Garcia

Tony Garcia

+1(323) 334-1124
$ 4,995,000
Est. payment | /mo

8 Beds

10 Baths

8,280 SqFt

Save
$ 4,995,000
Est. payment | /mo
Save

8 Beds

10 Baths

8,280 SqFt

OPEN HOUSE

Sun Aug 17, 2:00pm - 5:00pm

Tue Aug 19, 11:00am - 2:00pm

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,280 sqft

Price per Sqft $603

MLS Listing ID 25570535

Bedrooms 8

HOA Y/N No

Year Built 1953

Lot Size 4,717 Sqft

Property Description

A rare chance to own a beautifully enhanced fourplex in the heart of Beverly Hills with serious upside potential. Set on a prominent corner lot on a picturesque, tree-lined street, this gated Mediterranean-style property already features notable improvements including a refreshed facade, upgraded landscaping, and updated interiors. But the true value lies in its flexibility, income potential, and room for strategic additions or further enhancements. Perfect for an owner-user or investor seeking long-term appreciation and short-term gains, this property offers a compelling mix of vacant and tenant-occupied units. The two massive front residences essentially single-family homes are delivered vacant, allowing for immediate leasing at market rates, luxury furnished rentals, or personalized use. Each offers 3 bedrooms, 4 bathrooms, spacious living areas, formal dining rooms, breakfast nooks, and updated kitchens with premium finishes. The top unit features a private roof deck with panoramic views, while the bottom unit enjoys a large private patio both ideal for high-end tenants or elevated owner living. The two rear 1-bedroom units add to the versatility and cash flow, whether used for long-term tenants, guest quarters, or short-term rental income. With this layout, the potential for optimizing rents, exploring ADU conversion (buyer to verify), or even luxury redevelopment in the future is substantial. Additional highlights include multiple outdoor entertaining areas, grassy yard space, a tranquil fountain, and a gated entrance for privacy and security.Situated just minutes from Rodeo Drive, world-class restaurants, Century City, and major freeways, this property is not just a stunning place to live it's a smart, high-upside investment in one of LA's most iconic neighborhoods.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR4*

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Trash Compactor, Dryer, Washer

Exterior

Parking Features Private

Garage Spaces 6.0

Garage Description 6.0

Total Parking Spaces 6

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4330026032

Special Listing Condition Standard

CRMLS – RECore
Listed by Brynn Pennel Douglas Elliman
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(323) 334-1124

homesbyasg@gmail.com

8526 Florence Ave, Downey, CA, 90240, USA

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502 Smithwood DR