Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

502 N Palm Drive

Beverly Hills, CA, 90210

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$6,495,000

MLS: 26654949

Beds

5

Baths

5

Sq Ft

4,115

Lot

0.28 ac

Year Built

1929

MLS #

26654949

Days on Market

35

Listed

Feb 19, 2026

Description

Buyer offer packages are suggested to be submitted by Wednesday, March 11th at 6PM. Please request the Offer Submission Package beginning on Tuesday, March 10th so that you will have the guidelines for your presentation outlined. This elegant, updated, and spacious 2sty Mediterranean is available for sale for the first time in 28 years. Featuring light-filled rooms with high ceilings, French doors, and wood/marble floors, this gem has a fantastic layout with an open entertaining flow between the living room, the den/bar room, and the large beamed ceiling family room. A gracious entry with a sweeping staircase and chic powder room sets the tone. Fabulous chef's center-isle kitchen with top stainless appliances is accessed from a lovely formal dining room and charming breakfast room. 4 generous bedrooms upstairs (including 2 possible primaries) and maid's quarters downstairs. The main primary suite contains a sitting area, huge walk-in closet, and a luxurious updated bathroom. The alternate primary suite exhibits original purple Deco-era wall tilework in the glamorous bathroom. With a lot depth of 165ft, the rear yard is immense in scale and displays lawns, patios, pool, pool bath, storage room, garage with secondary laundry facilities, and mature foliage. Circular drive along with a straight connected gated driveway and garage affords tremendous off-street parking. Ultimate curb appeal on a beautiful Jacaranda tree-lined road moments from the best of Beverly Hills (including our renowned weekly Farmers' Market) and the Westside. Sold in strictly "as is, where is" condition. Seller selects services.

Location

Beverly Hills, Los Angeles County, CA 90210

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Listed by: Michael Libow · Compass

Payment estimate

$45,417

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $649,500 · Loan: $5,845,500

%
Principal & Interest
$35,916
Property tax (1.25%)
$6,766
Homeowners insurance
$300
Mortgage insurance
$2,436
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Beverly Hills home with as little as 3.5% down using an FHA loan — roughly $227,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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