
Los Angeles, California 90049
This property presents a High-Potential Investment Opportunity with a List Price of $2,895,000—positioned slightly above the $2,866,228 Fair Market Value. While the property requires significant capital for modernization, the 10,614 sqft flat lot in a prestigious Bel Air location provides a rare foundation for luxury development. With a Condition Rating of 4, the residence serves as a blank canvas for those looking to execute a major renovation or custom build. This is a strategic acquisition ideal for Fix-and-Flip Investors or Developers seeking to unlock long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1130 Linda Flora Drive Subject 4 bd · 3 ba · 2,770 sqft · $1,035 | $2,895,000* List Price | 4 | 3 | 2,770 | $1,035 | - |
A 11500 Thurston Sold 4 bd · 4 ba · 3,292 sqft · $1,094 · 1.0 mi | $3,600,000 | 4 | 4 | 3,292 | $1,094 | 1.0 mi |
B 1337 Casiano Road Active 4 bd · 4 ba · 2,893 sqft · $862 · 0.5 mi | $2,495,000 List Price | 4 | 4 | 2,893 | $862 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963 with a kitchen renovation likely dating back 20-25 years (dated granite and cabinetry) mixed with original vintage appliances. The MLS description explicitly targets investors and developers for a 'reimagining,' indicating that while the home is currently functional, the systems and finishes are dated and require significant updating to meet modern luxury standards.
Situated in the prestigious Bel Air - Holmby Hills area, the property offers an elite address with high long-term value and exclusivity.
The 10,614 sqft lot is exceptionally flat for the neighborhood, providing a rare and highly usable foundation for outdoor amenities or expansion.
The property serves as a versatile canvas for investors or end-users to renovate, remodel, or build a custom luxury home from the ground up.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1963 and marketed as a 'reimagine' opportunity, the existing residence likely requires a substantial capital budget to meet modern luxury standards.
With a list price near $2.9M for a property needing major work, the initial investment is significant before accounting for construction or remodeling costs.
Exceptional opportunity in the prestigious Bel Air neighborhood! Situated on a rare, flat 10,614 sqft lot, 1130 Linda Flora Drive presents an exciting opportunity for investors, builders, developers, or end users looking to renovate, remodel, or reimagine a property in one of Los Angeles' most coveted neighborhoods. The existing 4-bedroom, 3-bathroom residence offers approximately 2,770 sqft of living space and serves as a canvas for transformation, with potential to create a custom home tailored to today's lifestyle. Whether restoring the existing residence, undertaking a major renovation, or exploring future development possibilities subject to applicable approvals, this property offers tremendous potential in a sought-after Bel Air location. A rare chance to unlock the possibilities and create something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,770 | 1,670.836 |
| Lot Size | 10,614 | 6,152.156 |
| Price | $2.90M | $1.34M |
| Price per sq ft | $1.0K | $807 |
| Built year | 1963 | 1941 |
| HOA | $0 | $238 |
| Days on market | 12 | 56 |
Oct 28, 2026
$2,895,000
Initial Listing