1037 Bel Air Court, Los Angeles, California 90077, Los Angeles, 90077 - 4 bed, 6 bath
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Los Angeles, California 90077
Analysis of 1037 Bel Air Court, Los Angeles, California 90077 is currently available with a list price of $17,995,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1948, this property is explicitly marketed as a 'significant development opportunity' with the potential to 'build a new residence of exceptional scale.' The listing emphasizes the nearly seven acres of land and city views over the condition of the existing 3,869 sqft structure, which is described as modest relative to the land value. Given the age and the focus on redevelopment in one of the world's most expensive neighborhoods, the value is almost entirely in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 293748, living area = 3869.
Elementary School: Warner Avenue Elementary School (9/10).
Spanning nearly seven acres in prime Bel Air, this rare oversized lot offers unparalleled flexibility to renovate or construct a world-class estate of exceptional scale and design.
The existing 1948 structure is modest relative to the land value, meaning the buyer will likely face substantial additional costs for a full-scale redevelopment or major modernization.
The property is being sold via a luxury auction format with specific bidding windows, which may introduce more complexity and timeline pressure than a traditional residential sale.
LUXURY PROPERTY AUCTION: 1-13 May. Accepting starting bids through 30 April. Starting bids expected between $10M-$13M. Earn an incentive by 30 April. Spanning nearly seven acres, this gated Bel Air estate occupies one of the most sought-after locations in Los Angeles. The property features approximately 500 feet of frontage along Bel Air Road and offers unobstructed views of the surrounding canyons and the city skyline. Lush, mature landscaping, including rose gardens, manicured lawns, and classical statuary, frames the grounds, creating a private and serene environment. This rare estate represents a significant development opportunity. Its size and location provide the flexibility to renovate the existing structures or build a new residence of exceptional scale and design. With privacy, views, and prestige all combined, the property is a truly singular offering.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 6.0 | 4.0 | 76% |
| Square foot | 3,869 | 2,917 | 63% |
| Lot Size | 293,748 | 22,222.5 | 93% |
| Price | $18.00M | $3.09M | 94% |
| Price per sq ft | $4.7K | $968 | 98% |
| Built year | 1948 | 1968 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 236 | 205 | 74% |
Aug 29, 2025
$17,995,000
Initial Listing