1005 Bel Air Court, Los Angeles, California 90077, Los Angeles, 90077 - 8 bed, 11 bath
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Los Angeles, California 90077
Analysis of 1005 Bel Air Court, Los Angeles, California 90077 is currently available with a list price of $14,750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
While this is a prestigious 13-acre Bel Air estate, the property is significantly dated. Built in 1960, the interior features—such as the yellow wood paneling, older sliding window systems, and traditional masonry—indicate the last major renovations likely occurred 20-30 years ago. The listing itself notes the need for modernization or a complete overhaul to meet contemporary luxury standards, placing it firmly in the 'fair' category as it is functional but aesthetically and technologically outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 582944, living area = 11015.
Elementary School: Warner Avenue Elementary School (9/10).
Spanning over 13 acres in the prestigious Bel Air hills, this property offers an extraordinary level of scale and seclusion that is nearly impossible to find in the Los Angeles luxury market.
Originally built in 1960, the residence likely requires significant modernization or a complete overhaul to align with contemporary ultra-luxury standards and technology.
A drastic price reduction from the original $48.9M to $29.49M, combined with an auction-style sale, suggests a complex valuation history that may concern traditional buyers looking for price stability.
AUCTION BIDDING OPEN! Previously Listed for $29.49M. Bidding ends May 28th. Current High Bid is $14,750,000. Perched in the storied hills of Bel Air and spanning more than 3 rarefied acres, this legacy property ranks among the most extraordinary offerings in all of Los Angeles. Commanding panoramic views that sweep across city skylines and into the quiet majesty of surrounding canyons, the estate unfolds as a private compound of exceptional scale and serenity. Manicured gardens and mature landscapes frame the Mediterranean-style main residence. At the center of the grounds lies a lush oasis featuring a resort-like pool bordered by tropical flora, cascading waterfall, and pathways that meander through verdant lawns and curated plantings, an environment more evocative of a private botanical garden than a city estate. Whether held as a generational compound, a private retreat, or reimagined as one of the greatest development opportunities in the country, this is a once-in-a-lifetime canvas in one of the world's most coveted enclaves. Listing includes additional APNs: 4370-021-038, 4370-021-037 (1005 & 1031 Bel Air Ct).
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 11.0 | 2.0 |
| Square foot | 11,015 | 1,672 |
| Lot Size | 582,944 | 6,067 |
| Price | $14.75M | $1.37M |
| Price per sq ft | $1.3K | $801 |
| Built year | 1960 | 1939 |
| HOA | $0 | $348 |
| Days on market | 294 | 56 |
May 28, 2026
$14,750,000
$10,000,000
+48% Price Increase
Initial Listing
May 16, 2026
$10,000,000
$29,490,000
-66% Price Drop
Initial Listing
Apr 4, 2026
$29,490,000
$48,985,000
-40% Price Drop
Initial Listing
Oct 1, 2025
$48,985,000
Initial Listing
Oct 5, 1993
$2,750,000
Public Record
Aug 27, 1993
$2,502,000
Public Record