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.
Property Details
Price:
$4,490,000
MLS #:
25570535
Status:
Pending
Beds:
8
Baths:
10
Type:
Single Family
Neighborhood:
c01
Listed Date:
Aug 11, 2025
Finished Sq Ft:
6,740
Total Sq Ft:
6,740
Lot Size:
4,716 sqft / 0.11 acres (approx)
Year Built:
1953
See this Listing
Schools
Interior
Appliances
DW, RF, TC
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Exterior
Parking Spots
6
Financial
Map
Community
- Address502 Smithwood DR Beverly Hills CA
- CityBeverly Hills
- CountyLos Angeles
- Zip Code90212
Market Summary
Current real estate data for Single Family in Beverly Hills as of Dec 02, 2025
127
Single Family Listed
94
Avg DOM
1,562
Avg $ / SqFt
$12,513,752
Avg List Price
Property Summary
- 502 Smithwood DR Beverly Hills CA is a Single Family for sale in Beverly Hills, CA, 90212. It is listed for $4,490,000 and features 8 beds, 10 baths, and has approximately 6,740 square feet of living space, and was originally constructed in 1953. The current price per square foot is $666. The average price per square foot for Single Family listings in Beverly Hills is $1,562. The average listing price for Single Family in Beverly Hills is $12,513,752.
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502 Smithwood DR
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