$7,500,000

503 N Elm Dr Beverly Hills, CA 90210

Estimated payment $44,396/month

Total Views 5,072
0.26 Acre
$28,636,884 Price per Acre
11,408 Sq Ft Lot

About This Lot

A rare Mediterranean estate opportunity awaits in the prestigious Beverly Hills Flats. Situated on one of the most desirable tree-lined streets, this exceptional parcel is being offered with approved plans and permits, allowing for the immediate construction of a timeless 9,506sqft residence. The proposed design showcases the elegance of Mediterranean architecture, blending classic sophistication with modern amenities. The estate features grand formal living and dining rooms, expansive family spaces, and walls of glass that open to showcase indoor-outdoor living at its finest. Plans call for resort-style amenities, including a pool, spa, outdoor kitchen, multiple terraces, and generous entertaining spaces throughout. With every detail thoughtfully conceived, from a custom wine cellar and chef's kitchen to seamless indoor/outdoor transitions, this home promises a lifestyle of luxury and refinement. Just moments from world-class shopping and dining on Rodeo Drive and Canon Drive, the property offers both prestige and convenience. This is a land-only sale with plans and permits included, an opportunity to save years of time and expense while creating a distinguished Mediterranean dream estate in Beverly Hills' most sought-after neighborhood.

Listing Agent

Matthew Raanan

Matthew Raanan License #01892153 Listed on: 09/30/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60,748

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x152
  • Property is zoned BHR1*

Listing and Financial Details

  • Assessor Parcel Number 4341-022-026

Property Details

Property Type

Land

Est. Annual Taxes

$60,748

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2619
  • Lot Dimensions: 75x152
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4341-022-026
  • Lot Size Area: 11409

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $60,748 $5,146,858 $4,117,487 $1,029,371
2024 $60,748 $5,045,940 $4,036,752 $1,009,188
2023 $59,647 $4,947,000 $3,957,600 $989,400
2022 $57,933 $4,850,000 $3,880,000 $970,000
2021 $3,431 $279,224 $222,626 $56,598
2020 $3,417 $276,362 $220,344 $56,018
2019 $3,333 $270,944 $216,024 $54,920
2018 $3,189 $265,633 $211,789 $53,844
2016 $3,037 $255,320 $203,566 $51,754
2015 $2,912 $251,486 $200,509 $50,977
2014 $2,832 $246,561 $196,582 $49,979
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 For Sale $7,500,000 +54.6% --
07/22/2021 07/22/21 Sold $4,850,000 -8.4% $2,233 / Sq Ft View Prior Sale
07/07/2021 07/07/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $5,295,000 -- $2,438 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: The MLS

MLS Number: 25599731

The MLS

APN: 4341-022-026