7 months on rocket

502 Smithwood Dr, Beverly Hills, CA, 90212

$3,995,000

8 Bedrooms
10 Baths
6,740 SqFt
$593/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Driveway, Garage
Attached GarageYes
Year Built1953
HeatingFireplace(s)
CoolingCentral Air
ViewCity Lights, Other
MLS #23306439
Lot Size0.17 Acres
StatusActive

About 502 Smithwood Dr

An unmissable income opportunity awaits the fortunate new owner of this fantastic fourplex, as motivated sellers have reduced and are ready to move! Presenting a rare chance to own four homes on a corner lot, centrally located on a prime tree-lined street in a coveted Beverly Hills neighborhood close to all. Live in one and rent out the others, or utilize this desirable fourplex as passive income, making this property a great investment offering lasting value for many years to come. Set behind charming wrought-iron gates, the building's delightful Mediterranean facade affords beautiful and welcoming curb appeal amidst lush plantings and mature leafy trees. These residences have been meticulously updated throughout and present a variety of modern amenities for today's lifestyle. The two larger units are mirror images of one another and each include a fireplace in the living room, formal dining room, breakfast nook, and kitchen with copious cabinetry and top-of-the-line stainless-steel appliances. The primary bedroom has an adjacent sitting room/office, additional bonus room, dual walk-in closets, and en-suite bathroom with separate tub and shower, water closet, and dual-sink vanity with makeup desk. Other bedrooms and bathrooms are well appointed and spacious. Two rear units offer one bedroom each. Shared outdoor spaces comprise multiple lounging patios, decks, grassy yards to roam and play, and a soothing fountain. The property is sited just moments to numerous entertainment and recreational venues including golf courses, parks, restaurants, theatres, museums, and the iconic shopping of famous Rodeo Drive. Century City and major freeways are just a short drive away.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1953
  • Stories: 2
  • Living Area: 6,740 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sally Forster Jones

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: City Lights, Other

Parking Information:

  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Beverly Hills High School, Public District Grades 9-12
  • Beverly Vista Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: S. Beverly Drive to Whitworth Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,995,000
  • Price Per SqFt: $593/SqFt

Tax Information:

  • Annual Amount: $12,849
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Beverly Hills, CA.

Med. Sold Price

$3.0M

Med. Price/SqFt

$1,034

Avg. Days On Market

47

# of Sold Homes

30

502 Smithwood Dr vs Beverly Hills

236 DAYS ON ROCKET

+189 Days

$3,995,000

+$990K More

$593/SqFt

-$442 Less

KEY TAKEAWAY

This property is $990K more than the Median Sold Price and $442/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: #23306439

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sally Forster Jones

IDX 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: 4/30/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 18, 1992Home Sold
$384,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,849$1,043,489
2020$12,485$1,032,790
2019$40,624$1,012,540
2018$39,671$3,468,000
2017$39,671$3,400,000

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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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.

Middle School

school-card-donut-3526486
8
/10
  • Beverly Vista Elementary School

  • 200 S Elm Dr

  • 0.53 miles

  • Public District Grades KG-8

High School

school-card-donut-3526487
9
/10
  • Beverly Hills High School

  • 241 S Moreno Dr

  • 0.79 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,645. Typical income of Beverly Hills, CA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Smithwood Dr

What is the listing price of this property?

The listing price of 502 Smithwood Dr property is $3,995,000.

What type of property is this?

The property 502 Smithwood Dr is a house located in Beverly Hills, California, 90212.

Is this property for sale now?

Active Listing: 502 Smithwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 502 Smithwood Dr are:
Beverly Vista Elementary School: GreatSchools Rating 8/10
Beverly Hills High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,849 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 18, 1992 for $384,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Smithwood Dr has 8 bedrooms and 10 bathrooms.

What is the square footage of this property?

The property 502 Smithwood Dr is 6,740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Smithwood Dr is 1953.
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Rocket HomesCaliforniaLos Angeles CountyBeverly Hills90212502 Smithwood Dr

This home is located at 502 Smithwood Dr in Beverly Hills, CA and zip code 90212 in the The Westside neighborhood. This 6,740 square foot home, which was built in 1953, sits on a 0.17 acre lot. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 07, 2023 and is currently priced at $3,995,000.

In March 2024 more than 5 listings in Beverly Hills, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 24 were sold below. The number of homes for sale in Beverly Hills, CA increased by 16% between February 2024 and March 2024. The median list price of listings available in March 2024 was $3,005,000, while the average time on the real estate market was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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