
Los Angeles, California 90064
This property presents a High-Potential Investment Opportunity with a List Price of $2,595,000, positioned above the $2,452,535 Fair Market Value. While the current structure holds a Condition Rating of 6, the asset is a premier development play in Cheviot Hills. With architectural plans for a ~4,957 SF estate already in the City's review process, this site offers significant time-saving value for Developers and Owner-Occupants. The expansive 9,355 SF lot, featuring a private pool and spa, provides the ideal canvas for a signature Westside residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10321 Northvale Road Subject | $2,595,000* List Price | 3 | 2 | 1,678 | $1,462 | - |
A 2831 Haddington Drive Sold | $2,150,000 | 2 | 2 | 1,675 | $1,284 | 0.4 mi |
B 2540 Prosser Avenue Sold | $2,118,000 | 4 | 2 | 1,762 | $1,202 | 0.6 mi |
C 3370 Manning Court Active | $1,995,000 List Price | 3 | 2 | 1,840 | $1,084 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1939 (>80 years old) with no recorded renovations. The listing is explicitly marketed as a development opportunity for a new custom residence, focusing on land value and architectural plans rather than the existing structure's condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9358, living area = 1678.
Architectural drawings are already well underway in the City's review process, providing a significant head start for a developer or owner-user to build a custom ~4,957 SF estate.
Situated in the highly sought-after Cheviot Hills neighborhood, the property offers prime access to Century City, Beverly Hills, and the Rancho Park Golf Course.
The current 1939 structure is modest at 1,678 SF, meaning the list price reflects land and development potential rather than the immediate livability of the existing home.
To realize the property's highest and best use, a buyer must commit to a significant capital investment and navigate the remaining phases of the Los Angeles permitting and construction process.
Set on an expansive 9,355 SF parcel in the heart of Cheviot Hills, this property presents the ideal canvas to create a signature Westside estate. Architectural drawings are already well underway through the City's review process, providing the next owner with a significant head start toward delivering an exceptional custom residence without beginning the entitlement journey from day one. The proposed vision blends timeless English-inspired architecture with modern livability, featuring an approximately 3,914-square-foot main residence, a 364-square-foot garage/basement, and a detached two-story ADU of approximately 469 square feet. Thoughtfully planned outdoor spaces include approximately 210 square feet of covered terraces overlooking a private pool and spa, creating an effortless connection between indoor comfort and year-round California entertaining. The complete design encompasses approximately 4,957 square feet of planned improvements.Located in one of the Westside's most established and sought-after neighborhoods, the property enjoys convenient access to Century City, Beverly Hills, Rancho Park Golf Course, UCLA, and an outstanding collection of restaurants, shopping, and recreation. With generous lot dimensions and substantial progress already made toward approvals, this offering is equally compelling for a developer seeking efficiency or an owner-user looking to build a forever home tailored to their vision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,678 | 1,672 |
| Lot Size | 9,358 | 6,067 |
| Price | $2.60M | $1.37M |
| Price per sq ft | $1.5K | $801 |
| Built year | 1939 | 1939 |
| HOA | $0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$2,595,000
Initial Listing