
Los Angeles, California 90049
This Prime Development Opportunity is listed at $7,750,000, positioned well below the $7,772,468 Fair Market Value by 0.3%. This valuation gap offers $22,468 in Instant Equity for a site sold primarily for land value. Featuring a Tear-Down Structure and Pool with a Condition Rating of 6, the asset boasts Unobstructed Panoramic Views of Downtown LA and the Bel-Air Country Club Greens. Situated on a rare One-Acre Flat Pad with two APNs, it provides immense upside in an elite enclave. This is an ideal acquisition for Luxury Developers or Visionary End-Users.
Property is land value only, full reconstruction required.
The listing explicitly describes the property as a 'tear-down structure' being sold for land value. Built in 1955 with no evidence of major renovations, the existing home is intended for demolition to make way for a new development on the one-acre lot.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43424, living area = 3554.
The property features a rare one-acre lot with a large flat pad and two included APNs, significantly reducing site preparation costs and offering a prime canvas for a world-class estate.
Boasts breathtaking, clear vistas of Downtown Los Angeles, Century City, and the Bel-Air Country Club greens, a high-value feature that commands a premium in the luxury market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43424, other record lot size in square feet = 18561.
The existing 1955 structure is a tear-down sold for land value, requiring the buyer to factor in significant additional costs for demolition and total site redevelopment.
With a $7.75M entry price for land alone, the project requires a sophisticated investor with the liquidity to manage a high-budget, multi-year luxury construction project.
A rare one-acre development opportunity offering unobstructed views of Downtown, Century City, and the Bel-Air greens. The existing tear-down structure, motor court, and pool sits on one of the two included APNs, situated off the street on a large flat pad - ideal for reducing build cost. With multiple 9-figure properties within reach, and nearby developments having seen exceptional exit prices, this compound is ready for a builder or end-user to re-envision its future. Being sold combined for land value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 39% |
| Square foot | 3,554 | 3,092.5 | 61% |
| Lot Size | 43,424 | 11,235.5 | 93% |
| Price | $7.75M | $3.88M | 80% |
| Price per sq ft | $2.2K | $1.4K | 90% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 197 | 2% |
Mar 16, 2026
$7,750,000
Initial Listing