502 Smithwood Dr Beverly Hills, CA 90212
Estimated payment $28,373/month
Total Views
360
8
Beds
10
Baths
6,740
Sq Ft
$741
Price per Sq Ft
Highlights
- Built-In Features
- Central Heating and Cooling System
- 6 Car Garage
- Beverly Vista Elementary School Rated A
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.
Open House Schedule
-
Sunday, August 17, 20252:00 to 5:00 pm8/17/2025 2:00:00 PM +00:008/17/2025 5:00:00 PM +00:00Add to Calendar
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Tuesday, August 19, 202511:00 am to 2:00 pm8/19/2025 11:00:00 AM +00:008/19/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,888
Year Built
- Built in 1953
Parking
- 6 Car Garage
Home Design
- Split Level Home
Interior Spaces
- 6,740 Sq Ft Home
- 2-Story Property
- Built-In Features
- Alarm System
Kitchen
- Oven or Range
- Dishwasher
- Trash Compactor
Bedrooms and Bathrooms
- 8 Bedrooms
- 10 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- 4,716 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4330-026-032
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,888 | $1,600,000 | $1,300,000 | $300,000 |
| 2024 | $13,888 | $1,107,356 | $688,675 | $418,681 |
| 2023 | $13,649 | $1,085,644 | $675,172 | $410,472 |
| 2022 | $13,267 | $1,064,358 | $661,934 | $402,424 |
| 2021 | $12,849 | $1,043,489 | $648,955 | $394,534 |
| 2019 | $12,486 | $1,012,540 | $629,707 | $382,833 |
| 2018 | $40,624 | $3,468,000 | $2,093,040 | $1,374,960 |
| 2016 | $11,323 | $954,141 | $593,388 | $360,753 |
| 2015 | $10,850 | $939,810 | $584,475 | $355,335 |
| 2014 | $10,521 | $921,401 | $573,026 | $348,375 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $4,995,000 | +56.1% | $741 / Sq Ft |
| 09/20/2024 09/20/24 | Sold | $3,200,000 | -13.5% | $475 / Sq Ft |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- |
| 05/07/2024 05/07/24 | Price Changed | $3,699,000 | -7.4% | $549 / Sq Ft |
| 03/22/2024 03/22/24 | Price Changed | $3,995,000 | -7.0% | $593 / Sq Ft |
| 09/06/2023 09/06/23 | For Sale | $4,295,000 | -- | $637 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,200,000 | Chicago Title Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | United Title Company | |
| Grant Deed | $203,500 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,750,000 | Commercial | |
| Previous Owner | $350,000 | Unknown | |
| Previous Owner | $59,379 | Unknown | |
| Previous Owner | $120,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $650,000 | No Value Available |
Source: Public Records
Similar Homes in Beverly Hills, CA
Source: The MLS
MLS Number: 25570535
APN: 4330-026-032
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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