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.
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
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
DATE
EVENT
PRICE
Dec 18, 1992
Dec 18, 1992Home Sold
$384,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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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
8
/10
Beverly Vista Elementary School
200 S Elm Dr
Distance between this listing and this school0.53 miles
Public District Grades KG-8
High School
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school0.79 miles
Public District Grades 9-12
Nearby Schools
8
/10
Canfield Avenue Elementary School
9233 Airdrome St
Distance between this listing and this school0.62 miles
Public District Grades KG-5
8
/10
Castle Heights Elementary School
9755 Cattaraugus Ave
Distance between this listing and this school1.30 miles
Public District Grades KG-5
5
/10
Shenandoah Street Elementary School
2450 S Shenandoah St
Distance between this listing and this school1.50 miles
Public District Grades KG-5
Assigned Schools
8
/10
Beverly Vista Elementary School
200 S Elm Dr
Distance between this listing and this school0.53 miles
Public District Grades KG-8
Nearby Schools
9
/10
Horace Mann Elementary School
8701 Charleville Blvd
Distance between this listing and this school1.06 miles
Public District Grades KG-8
8
/10
Hawthorne Elementary School
624 N Rexford Dr
Distance between this listing and this school1.57 miles
Public District Grades KG-8
Assigned Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school0.79 miles
Public District Grades 9-12
Nearby Schools
5
/10
Alexander Hamilton Senior High School
2955 S Robertson Blvd
Distance between this listing and this school1.63 miles
Public Magnet Grades 9-12
8
/10
Los Angeles Center For Enriched Studies
5931 W 18th St
Distance between this listing and this school1.75 miles
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 8/10Beverly 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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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.