1524 Benedict Canyon Drive - Prime Investment Opportunity in Beverly Hills

Discover a golden opportunity to develop a prestigious property in Beverly Hills, with permitted plans for a 5,300 sqft structure and potential for a 13,000 sqft buildable space. Take advantage of significant groundwork already completed and market conditions for a profitable return.

Price
$2,500,000
Bed
4
Bath
5
Sq ft
5,300

1524 Benedict Canyon Dr Beverly Hills, CA 90210

Listing Courtesy Of: Berkshire Hathaway HomeServices California PropertiesCanter, Markus, 01810156

Price: $2,500,000
SqFt: 5,300

MLS25-485172

Type: Single Family

Year Built: 1931

Status: Active

City: Beverly Hills

Days on Market: 56

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5

Cooling

  • None

Heating

  • None

Fireplace

  • Living Room

Laundry

  • None

Flooring

  • Mixed

Rooms

  • Living

Parking

  • On street
  • Garage: 4+ Car
  • Parking for Guests: Onsite
  • Side By Side
  • Covered Parking
  • Driveway

View

  • Canyon
  • Tree Top

Spa

  • Other

What's Special About This Home

Welcome to 1524 Benedict Canyon Drive, a prime investment opportunity nestled in the prestigious Benedict Canyon of Beverly Hills.

This 1.29-acre site is not just a piece of land; it's a canvas for your next high-value project.

With permitted plans dated May 5, 2024 and a certified SA report allowing for a minimum of 11,500 sqft.

FAR, this property offers unmatched build potential.

The current plans permit a 5,300 sqft structure, with detailed renderings available for your review.

In addition, the property has been cleared and prepared for construction, with necessary tree removals completed and a bond secured for replanting four new oak trees.

A comprehensive design and permitting process has already been completed, streamlining your development process.

With eight months of rigorous site preparation, including the removal of 500 yards of dirt and surveying of retaining walls, the property is ready for caisson installation tomorrow.

The biology report is clear, with no endangered species or plants present.

Take advantage of the potential for a lot split and explore the market potential in an area where average square foot prices are $1,000+ and previously peaked at $1,500 psf.

For an experienced builder, this property can be transformed and ready for sale within 12 months.

Act now and turn your vision into reality at 1524 Benedict Canyon Drive.

Price Change History

Price change history for 1524 Benedict Canyon Dr Beverly Hills, CA 90210

Date
Old Price
New Price
Percent
3/6/2025
$2,700,000
$2,500,000
-7.4%

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