ParkingCovered, Driveway, Guest, On Street, Side By Side
Year Built1931
HeatingNone
CoolingNone
FireplaceLiving Room
ViewCanyon
MLS #24414355
Lot Size1.29 Acres
StatusActive
About 1524 Benedict Canyon Dr
HUGE PRICE REDUCTION. SELLER WILL LOOK AT OFFERS!! Discover this Prime INVESTMENT OPPORTUNITY with PERMITTED PLANS dated May 5, 2024 Nestled in the prestigious Benedict Canyon of Beverly Hills, 1524 Benedict Canyon Drive presents a golden opportunity for investors, builders, and developers. This 1.29-acre site is not just a piece of land; it's a canvas for your next high-value project. Here is why you should seize this chance: Unmatched Build Potential! Generous Buildable Area: Certified SA report allows for a minimum of 11,500* sqft FAR (*Buyer to do their own due diligence), with an additional 1,500 sqft ADU. This totals an impressive 13,000 sqft of buildable space. Permitted Plans: Current plans permit a 5,300 sqft structure, with detailed renderings available for your review. Substantial Progress and Preparation. In the last 44 months, significant groundwork has been laid, including: Free of Encumbrances: Enjoy one year free of encumbrances, ensuring a smooth start to your project. Protected Tree Removals: Necessary tree removals have been completed, with a bond secured for replanting four new oak trees. Comprehensive Design and Permitting: Over a year dedicated to design and permitting, streamlining your development process. Site Preparation: Eight months of rigorous preparation, including the removal of 500 yards of dirt and surveying of retaining walls, means the site is ready for caisson installation tomorrow. Clear and Ready for Construction Biology Report: Completed and clear, with no endangered species or plants. Construction Ready: Grade cut and ready for immediate construction activities. Significant Upside Hard Work Completed: All preliminary work is done, paving the way for a smooth construction phase. Potential for SB9A Lot Split: Explore the possibility of increasing value through a lot split. Market Potential: In a market where average square foot prices are $1,000+, and previously market prices peaked at $1,500 psf, the return on investment here is substantial! Quick Turnaround for Profitable Return For an experienced builder, this property can be transformed and ready for sale within 12 months. With the groundwork laid and market conditions favorable, 1524 Benedict Canyon Drive is not just a purchase; it's a pathway to profitable success. Act Now, Don't miss out on this rare opportunity to develop a prime property in one of the most sought-after areas in Beverly Hills. Contact us today to explore the full potential of 1524 Benedict Canyon Road. This is a moment to turn vision into reality, and this property is the perfect starting point. Invest in success at 1524 Benedict Canyon Drive.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1931
Stories: 1
Living Area: 5,300 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 777-7800
Listing Agent: Markus Canter
Interior Features
Interior Information:
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Exterior Information:
View: Canyon
Parking Information:
Parking: Covered, Driveway, Guest, On Street, Side By Side
Lot Features
Lot Information:
Lot Size: 1.29 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: From the south - Sunset Blvd. to Benedict Canyon Dr.. From the north - Mulholland Dr. to Benedict Canyon Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $2,875,000
Price Per SqFt: $542/SqFt
Tax Information:
Annual Amount: $17,731
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Beverly Hills, CA.
This property is $385.3K less than the Median Sold Price and $483/SqFt less than other homes in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24414355
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 777-7800
Listing Agent: Markus Canter
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 8:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 05, 2020
Oct 05, 2020Home Sold
$1,421,000
May 21, 2020
May 21, 2020Home Sold
$1,100,000
May 19, 2020
May 19, 2020Home Sold
$1,100,000
Jun 15, 2009
Jun 15, 2009Home Sold
$730,000
Oct 02, 2002
Oct 02, 2002Home Sold
$630,000
Apr 16, 1991
Apr 16, 1991Home Sold
$1,030,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,731
$1,421,000
2020
$16,352
$1,336,913
2019
$17,284
$1,310,700
2018
$10,540
$1,310,700
2017
$10,540
$809,988
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Warner Avenue Elementary
615 Holmby Ave
Distance between this listing and this school2.06 miles
Public District Grades KG-5
9
/10
Community Magnet Charter Elementary School
11301 Bellagio Rd
Distance between this listing and this school2.14 miles
Public Charter Grades KG-5
8
/10
Roscomare Road Elementary
2425 Roscomare Rd
Distance between this listing and this school2.31 miles
Public District Grades KG-5
Nearby Schools
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school2.14 miles
Public District Grades KG-8
6
/10
Emerson Community Charter
1650 Selby Ave
Distance between this listing and this school3.15 miles
Public Charter Grades 6-8
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school3.26 miles
Public District Grades KG-8
Nearby Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school2.85 miles
Public District Grades 9-12
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school4.02 miles
Public Charter Grades KG-12
6
/10
University High School Charter
11800 Texas Ave
Distance between this listing and this school4.09 miles
The neighbors living near this home have an average income of $179,755. Typical income of Beverly Hills, CA residents is $200k+ annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1524 Benedict Canyon Dr
What is the listing price of this property?
The listing price of 1524 Benedict Canyon Dr property is $2,875,000.
What type of property is this?
The property 1524 Benedict Canyon Dr is a house located in Beverly Hills, California, 90210.
Is this property for sale now?
Active Listing: 1524 Benedict Canyon Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $17,731 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 5, 2020 for $1,421,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1524 Benedict Canyon Dr has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 1524 Benedict Canyon Dr is 5,300 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1524 Benedict Canyon Dr is 1931.
Interested in 1524 Benedict Canyon Dr? Let's connect.
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This home is located at 1524 Benedict Canyon Dr in Beverly Hills, CA and zip code 90210 in the Beverly Crest neighborhood. This 5,300 square foot home, which was built in 1931, sits on a 1.29 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $2,875,000.
In November 2024 more than 7 listings in Beverly Hills, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 28 were sold below. Between October 2024 and November 2024, Beverly Hills, CA real estate market has seen decrease in the number of listings by 3.7%. In November 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $3,260,333.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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