502 Smithwood Drive, Beverly Hills, CA 90212
Local realty services provided by:ERA North Orange County Real Estate
502 Smithwood Drive,Beverly Hills, CA 90212
$4,490,000
- 8 Beds
- 10 Baths
- 6,740 sq. ft.
- Multi-family
- Active
Listed by: brynn pennel, bryce pennel
Office: douglas elliman
MLS#:25570535
Source:CRMLS
Price summary
- Price:$4,490,000
- Price per sq. ft.:$666.17
About this home
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.
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Home facts
- Year built:1953
- Listing ID #:25570535
- Added:95 day(s) ago
- Updated:November 15, 2025 at 03:20 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:10
- Living area:6,740 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:1953
- Building area:6,740 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$4,490,000
- Price per sq. ft.:$666.17
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