Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1309 Laurel Way Beverly Hills, CA 90210

    View on Map
    Claim this Listing
    For Sale
    $3,750,000

    LAND - Beverly Hills, CA

    Lot size:
    0.49 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    11
    Last Refresh:
    Apr 16 at 7:06 am

    Property Features for 1309 Laurel Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    LARE15
    Standard status
    Active
    APN
    4355-018-035
    Lot size
    0.49 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Martin Halfon

    Listing agent Martin Halfon License #00669674

    Listing office Rodeo Realty 202 N Canon Dr., Beverly Hills, CA

    Listing date Apr 6, 2026

    MLS# 26678625 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beverly Hills Land Opportunity

    Located in the hills of Los Angeles, 1309 Laurel Way is situated on a 21,150 sq ft lot, presenting an opportunity to build a custom estate in the Beverly Hills Post Office area. The property features approximately 200 feet of street frontage, offering a wide and usable setting. The building pad is relatively level at the front, with a downslope, pie-shaped rear portion that allows for dramatic architecture and terraced grounds. The location may also provide canyon and city views. Surrounded by significant homes in a sought-after location, this property is suitable for a developer or end-user to create a new residence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.41775
    Latitude
    34.094435

    Nearby Similar for Sale

    • $350,000

      Turnkey Restaurant in Beverly Hills

      Fully equipped restaurant for sale in Beverly Hills' Golden Triangle.
      474 N Beverly Dr, Beverly Hills, CA 90210
      View Details
    • $3,500,000
      5,615 SF

      Beverly Hills Multifamily Investment Opportunity

      Six-unit building with significant rent upside in prime location.
      272 S Doheny Dr, Beverly Hills, CA 90211
      View Details
    • $6,500,000
      8,800 SF

      Beverly Hills Multifamily Investment Opportunity

      Remodeled 16-unit multifamily property near Beverly Hills' Golden Triangle.
      121 S Elm Dr, Beverly Hills, CA 90212
      View Details
    • $1,195,000

      Beverly Hills View Estate Land

      Land with approved plans for a luxury view estate.
      1551 Summitridge Dr, Beverly Hills, CA 90210
      View Details
    • $9,900,000
      26,972 SF

      Beverly Hills Multifamily Opportunity

      Well-maintained Beverly Hills multifamily property with significant rental upside.
      218 S Tower Dr, Beverly Hills, CA 90211
      View Details
    • $14,250,000
      22,313 SF

      Beverly Hills Condo Building

      Trophy 10-unit condo building in Beverly Hills.
      313 S Reeves Dr, Beverly Hills, CA 90212
      View Details
    • $6,998,000

      Beverly Hills Development Opportunity

      Entitled 35,000 sq ft lot for 15,000 sq ft estate.
      1185 Angelo Dr, Beverly Hills, CA 90210
      View Details
    • $8,500,000
      22,735 SF

      Multifamily Investment in Beverly Hills

      Multifamily investment property in a prestigious Beverly Hills location.
      240 S Doheny Drive, Beverly Hills, CA 90211
      View Details
    • $150,000

      Upslope Lot in Beverly Hills

      Prime lot in 90210, build your dream home!
      9814 Portola Drive, Beverly Hills, CA 90210
      View Details
    • $3,495,000

      Beverly Hills Land Opportunity

      Secluded Beverly Hills hideaway on over half an acre.
      10213 Cielo Dr, Beverly Hills, CA 90210
      View Details
    • $365,000

      Beverly Hills Land Opportunity

      Land with plans for a modern home in Beverly Hills.
      10074 Westwanda Dr, Beverly Hills, CA 90210
      View Details
    • $2,350,000
      3,550 SF

      Beverly Hills Spanish-Style Duplex

      Two-unit duplex near shopping, dining, and entertainment.
      138 N Swall Drive, Beverly Hills, CA 90211
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 21,150 sq ft lot to build custom estate.
    Where is this residential land & home lot located?
    The property is located at 1309 Laurel Way Beverly Hills, CA.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Large 21,150 sq ft lot in Beverly Hills Post Office area.; Opportunity to build a custom estate.; Approximately 200 feet of street frontage.
    (310) 344-4465
    We can help!
    Listing Contact
    Martin Halfon
    Real Estate License ID: 00669674
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!