11500 Thurston, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 4 bath
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Los Angeles, California 90049
This Prime Development Asset is listed at $2,500,000, aligning closely with its $2,436,392 Fair Market Value. Currently holding a Condition Rating of 5, this 1953 probate sale requires a total rehabilitation but offers a massive 12,805 sqft lot in a secluded Bel Air enclave. The existing 3,292 sqft footprint, pool, and potential for distant ocean views via a second-story addition provide a significant foundation for forced appreciation. This high-upside project is a premier acquisition for Value-Add Investors and Custom Home Builders looking to capitalize on a prestigious 90049 location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11500 Thurston Subject | $2,500,000* List Price | 4 | 4 | 3,292 | $740 | - |
A 11120 W Sunset Boulevard Sold | $2,484,300 | 4 | 4 | 3,367 | $738 | 0.4 mi |
B 11820 Bel Terrace Sold | $2,125,000 | 5 | 4 | 2,944 | $722 | 0.8 mi |
C 11324 Sunset Boulevard Active Under Contract | $2,995,000 List Price | 5 | 5 | 3,936 | $761 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1953 probate property is in original condition and sold 'as-is,' requiring a total rehabilitation. The kitchen and bathrooms feature dated mid-century fixtures, old tiling, and obsolete appliances, while the interior shows significant wear with aged carpeting and wood paneling. The listing itself suggests the property is a candidate for a complete teardown or major renovation to address its aged systems and outdated finishes.
Situated in a secluded enclave between Brentwood and Westwood, this property offers exceptional proximity to the Sunset Strip, Beverly Hills, and UCLA while maintaining a private, neighborhood feel.
The 12,805 sqft lot features flat building land with the potential to capture distant ocean views by adding a second story, making it a premier candidate for a luxury custom build or major expansion.
With nearly 3,300 square feet and a functional four-bedroom layout, the home provides a generous foundation for a high-end renovation without the immediate necessity of a complete teardown.
As a probate sale sold in as-is condition, the property requires significant capital investment for modernization or reconstruction and may involve a more complex closing process.
The disclosure of the previous owner passing away in the home in 2024 may create a psychological stigma for certain buyers, potentially narrowing the pool of interested parties.
Probate Sale. Tucked away on the top of a hill in a secluded Bel Air neighborhood, this is the perfect location for anyone who wants to be close to but not right next to the highest of luxury in Los Angeles. Flanked between Westwood and Brentwood with close access to the 405, this home offers convenient passage to some of the best shopping and dining in the world, including the Sunset Strip, Beverly Hills's Golden Triangle, UCLA, the Brentwood Village, the Palisades Village, and Malibu. Situated in an enclosed neighborhood filled with well-maintained homes up to 80 years old and stunning newly constructed homes, 11500 Thurston is begging for a new owner to bring it back to its full glory. Built on flat land with a sloped driveway, this property can be transformed into a truly beautiful home with potential distant ocean views (if a second floor is added). This home was built in 1953 and retains a thoughtful layout representative of the time, and while not modern, it is not obsolete. This home has endless potential to be rehabbed or torn down and built anew.-----This home has 4 bedrooms (1 primary, 1 secondary, 2 office/bedrooms) and 4 bathrooms (1 en suite, 2 3/4-baths, and a poolhouse bathroom).-----This property is being sold as-is. The previous owner passed away in the home in 2024.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,292 | 3,092.5 | 53% |
| Lot Size | 12,805 | 11,235.5 | 57% |
| Price | $2.50M | $3.84M | 19% |
| Price per sq ft | $759 | $1.3K | 7% |
| Built year | 1953 | 1955 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 197 | 7% |
Mar 11, 2026
$2,500,000
$2,250,000
+11% Price Increase
Initial Listing
Feb 13, 2026
$2,250,000
Initial Listing