502 Smithwood Drive

Beverly Hills CA 90035

6740 sq. ft.

4716 sq. ft.

Other

Last sold for $4,120,000

Brynn Sutherland, last sold this property on 24 December 2025 after 134 days on market.

Overview

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.

Features

8 bedrooms

10 bathrooms

6 carspaces

6 garage spaces

6740 sq. ft. floor area

4716 sq. ft. lot size

Other

Estimated Value

Based on this property and similar 8 bedroom other properties sold in Beverly Hills over the last 12 months, the estimated median property value of 502 Smithwood Drive is $1.89m.

Median value

$1.89m

Estimated value range

$1.55m - $4.12m

Median days on market

Estimated value trend

-11%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Beverly Hills. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 502 Smithwood Drive

2025

Sold

$4,120,000

24 Dec 2025 by Brynn Sutherland, of Douglas Elliman

2024

Sold

$3,200,000

20 Sep 2024 by Sally Forster Jones, of Compass

Happy sellers in Beverly Hills

<50%

Less than 50% of sellers in Beverly Hills reported that their sale price either exceeded or met their price expectations.

Beverly Hills stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Beverly Hills over the last 12 months.