1999 Built Block 2/2 on 1.06 Acres in Beverly Hills

This 2-bedroom, 2-bathroom home sits on a 1.06-acre lot in the Pine Ridge Estates area of Beverly Hills. Built in 1999, the property has 1,724 sq. ft. of living space, which is pretty large for a 2-bedroom layout. The home has the space, but a potential buyer would just need to figure out the logistics to frame in a 3rd bedroom.

🛠️ Rehab Scope (Estimated)

• 3rd Bedroom Frame Out if feasible
• Interior Cosmetics: Full cosmetic update including fresh paint, and modern flooring throughout.
• Kitchen & Bath: Update cabinetry, countertops, and fixtures to competitive retail standards.
• Exterior: Landscaping refresh to utilize the full 1.06-acre potential; verify septic/well systems.

🟣 Comparable Sales

1. 2478 W Angola Dr – 3/2 | 1,635 sf | Sold $324,900 ($199/sf) | 12/08/2025 | 1.03 Acres | Condition: Renovated (New floors/paint)
2. 5605 N Mock Orange Dr – 3/2 | 1,826 sf | Sold $300,000 ($164/sf) | 09/12/2025 | 1.05 Acres | Condition: Retail/Move-In Ready
3. 4105 W Tomahawk Dr – 3/2 | 1,911 sf | Sold $510,000 ($267/sf) | 08/05/2025 | 1.43 Acres | Condition: Luxury Reno (Has 4-car detached garage)
4. 2819 W Lantana Dr – 3/2 | 2,021 sf | Sold $375,000 ($185/sf) | 04/23/2025 | 1.10 Acres | Condition: Retail/Dated Updates
5. 1843 W Ivorywood Dr – 3/2 | 2,004 sf | Sold $370,000 ($185/sf) | 07/15/2025 | 1.00 Acre | Condition: Retail/Maintained

💰 ARV Analysis

The market for 1+ acre homes in Pine Ridge is bifurcated. Non-pool 3/2 homes are selling in the $300,000–$325,000 range (see Mock Orange and Angola comps). However, homes with luxury updates and extra amenities (like Tomahawk’s detached garage) command $510,000+. By converting this 1,724 sq. ft. 2/2 into a functional 3/2, the property aligns with the $325k floor. If a pool were added, the ceiling lifts significantly. Strictly as a renovation flip without a pool:

Estimated ARV: $350,000 – $355,000 +/- (Note: ARV potential increases to $450k+ if a pool is added)