
Los Angeles, California 90077
This property presents a High-Potential Investment Opportunity with a List Price of $7,295,000—positioned slightly above the $7,171,269 Fair Market Value. While the current Condition Rating of 5 necessitates a comprehensive renovation or ground-up redevelopment, the expansive 3.1-acre lot in prime East Gate Bel Air offers unmatched potential for a luxury compound. Featuring a pool, lush grounds, and proximity to top-rated schools like Warner Avenue Elementary, this asset is a premier choice for Luxury Developers or High-Net-Worth Owner-Occupants seeking to build enduring value in a world-class location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1150 Stone Canyon Road Subject | $6,950,000* List Price | 6 | 6 | 5,243 | $1,289 | - |
A 1922 Bel Air Road Active | $8,500,000 List Price | 6 | 7 | 7,049 | $1,206 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1936, this property is explicitly marketed as a development opportunity or a major refurbishment project. The listing suggests the potential to 'start anew,' and the description of interiors as luxury 'for its era' confirms that the kitchen, bathrooms, and mechanical systems are significantly outdated. While the structure may be salvageable for a high-end renovation, it currently requires substantial repairs and modernization to meet current living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 136674, living area = 5243.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the prestigious East Gate Bel Air just moments from Hotel Bel-Air and Rodeo Drive, this property occupies one of the most coveted and high-value addresses in the world.
The existing structure, built in 1936, requires extensive refurbishment or a complete teardown to meet the expectations of modern luxury buyers, necessitating a substantial capital injection.
Transforming this site into a modern compound involves significant time, permitting, and construction costs, which may be a deterrent for those seeking a turnkey residence.
Great new price! A fabulous development opportunity awaits in prime East Gate Bel Air, complete with two large flat pads for creating an amazing estate perfectly suited for today's modern lifestyle, replete with all of the luxurious amenities imaginable. Construct a massive gated compound with amazing upside potential and enduring value in one of the most coveted locales in the world! Sited just up the street from Hotel Bel-Air, this highly sought location is just moments to Rodeo Drive and The Golden Triangle of Beverly Hills, Century City, the fine restaurants of Brentwood, and all the Westside offers. Some photos are virtually staged or rendered.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 5,243 | 1,672 |
| Lot Size | 136,674 | 6,067 |
| Price | $6.95M | $1.37M |
| Price per sq ft | $1.3K | $801 |
| Built year | 1936 | 1939 |
| HOA | $0 | $348 |
| Days on market | 145 | 56 |
Jul 17, 2026
$6,950,000
$7,295,000
-5% Price Drop
Initial Listing
Feb 27, 2026
$7,295,000
Initial Listing
Dec 11, 2015
$122,000
Public Record