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11287 Chalon Road, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 3 bath

11287 Chalon Road, Los Angeles, California 90049 home-pic-0
ACTIVE$7,950,000$3,554/sqft
Est. Value: $7,678,250
-3%
AboveEstimate
11287 Chalon Road, Los Angeles, California 90049
4Beds
3Baths
3,554Sqft
45,000Lot

Price Vs. Estimate

The estimated value ($7,678,250.35) is $271,749.65 (3%) lower than the list price ($7,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts unobstructed 180-degree panoramic views of the mountains, city lights, and the Pacific Ocean, providing a breathtaking and highly desirable backdrop.
Top Cons:
Current Structural Condition: The existing house is explicitly described as a 'heavy fixer/tear down,' indicating that significant immediate investment for demolition or extensive renovation is required.

Compared to the nearby listings

Price:$7.95M vs avg $3.90M (+$4,055,000)82%
Size:3,554 sqft vs avg 3,138 sqft59%
Price/sqft:$2.2K vs avg $1.3K95%

More Insights

Built in 1955 (71 years old).
Condition: The property, built in 1955, is explicitly described in the listing as a 'heavy fixer/tear down' and is being sold for 'land value.' The images confirm this assessment, showing a severely dilapidated interior with a collapsed ceiling, extensive debris, and boarded-up walls, rendering the property unlivable and unsafe. The structure appears beyond repair, indicating its value lies solely in the land for redevelopment.
Year Built
1955
Close
-
List price
$7.95M
Original List price
$8.49M
Price/Sqft
$2,237
HOA
-
Days on market
-
Sold On
-
MLS number
25557903
Home ConditionTear down
Features
Excellent View: City Lights, Mountain(s), Ocean
ViewCity Lights,Mountain(s),Ocean

About this home

180 degree VIEWS of the mountains, city and ocean! Ideally located a short drive from Sunset Blvd, Award winning Roscomare Rd. Or Warner Elementary schools. Property being sold for land value. House is a heavy fixer/tear down... 45,000 sq ft lot is approx. one third flat and two thirds downhill slope. You will feel like you're sitting on top of the world! On one acre +/- presenting endless possibilities for redevelopment. The prestigious Chalon Road, property consisting of two adjoining parcels, offers a serene retreat amidst breathtaking luxury estates. Located in one of the most scenic views of Bel Air. Above the prestigious Bel Air Country Club golf course. It is a rarity and exceptional development opportunity offering one of the few remaining parcels capable of naturally supporting a residence that is both stately and Grand in scale.

J
Jay Lerer
Listing Agent
Condition Rating
Tear down
The property, built in 1955, is explicitly described in the listing as a 'heavy fixer/tear down' and is being sold for 'land value.' The images confirm this assessment, showing a severely dilapidated interior with a collapsed ceiling, extensive debris, and boarded-up walls, rendering the property unlivable and unsafe. The structure appears beyond repair, indicating its value lies solely in the land for redevelopment.
Pros & Cons

Pros

Panoramic Views: The property boasts unobstructed 180-degree panoramic views of the mountains, city lights, and the Pacific Ocean, providing a breathtaking and highly desirable backdrop.
Prestigious Location: Located on the exclusive Chalon Road in Bel Air, amidst luxury estates and above the Bel Air Country Club, offering unparalleled prestige and a serene retreat.
Exceptional Development Opportunity: Marketed for its land value, this parcel presents a rare and significant opportunity to develop a custom, grand-scale residence in a prime Bel Air location.
Generous Lot Size: An expansive 45,000 sq ft (approximately one acre) lot provides ample space for a substantial estate, extensive landscaping, and enhanced privacy.
Rarity & Exclusivity: This is a unique offering, identified as one of the few remaining parcels capable of supporting a stately and grand residence in this highly sought-after area.

Cons

Current Structural Condition: The existing house is explicitly described as a 'heavy fixer/tear down,' indicating that significant immediate investment for demolition or extensive renovation is required.
Significant Sloped Terrain: Approximately two-thirds of the large lot is a downhill slope, which may increase the complexity and cost of construction for a new build.
Recent Price Reductions: The listing history shows multiple price reductions, which could suggest an initial overvaluation or challenges in attracting buyers at previous price points.
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