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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
9
Photos
1524 Benedict Canyon Drive, Beverly Hills, CA 90210
$3,500,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
5
baths
5,300
sqft
Built in
1931
Discover this Prime INVESTMENT OPPORTUNITY with PERMITTED PLANS dated May 5, 2024 Nestled in the prestigious Benedict Canyon of Beverly Hills, 1524 Benedict Canyon Drive presents a golden opportunity for investors, builders, and developers. This 1.29-acre site is not just a piece of land; it's a canvas for your next high-value project. Here is why you should seize this chance: Unmatched Build Potential! Generous Buildable Area: Certified SA report allows for a minimum of 11,500* sqft FAR (*Buyer to do their own due diligence), with an additional 1,500 sqft ADU. This totals an impressive 13,000 sqft of buildable space. Permitted Plans: Current plans permit a 5,300 sqft structure, with detailed renderings available for your review. Substantial Progress and Preparation. In the last 44 months, significant groundwork has been laid, including: Free of Encumbrances: Enjoy one year free of encumbrances, ensuring a smooth start to your project. Protected Tree Removals: Necessary tree removals have been completed, with a bond secured for replanting four new oak trees. Comprehensive Design and Permitting: Over a year dedicated to design and permitting, streamlining your development process. Site Preparation: Eight months of rigorous preparation, including the removal of 500 yards of dirt an
Features & Amenities
Interior
- Laundry:
- None
- A/C:
- false, None
- Heating:
- false, None
- Fireplace:
- Living Room, Fireplace
Exterior
- Style:
- Contemporary
- Pool:
- Spa, See Remarks
- Parking:
- Covered, Guest, On Street, Side By Side
Construction
- General:
- 2
Location
- County:
- Los Angeles
Lot
- Zoning:
- LARE, 4356006014
- View:
- Canyon
This listing courtesy of:
Berkshire Hathaway HomeServices California Properties, Markus Canter
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Beverly Hills, CA
Housing
- Number of Units
- 19,010
- Median Home Value
- $1,180,988
- Median Rent
- $1,939
49.42% of housing units are renter occupied.
10.99% are vacant.
Commute
- Car
-
48.41%
- Public Transportation
-
1.19%
- Walk to Work
-
4.12%
- Work from Home
-
44.82%
- Other
-
0.92%
The median travel time to work is 15 minutes.
People
- Population
- 39,341
- Median Age
- 46.60
- Median Household Size
- 2.47
Education
- High School
-
11.52%
- Associate’s Degree
-
5.51%
- Bachelor’s Degree
-
35.52%
- Graduate Degree
-
30.46%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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