
Los Angeles, California 90077
This Bel Air development asset presents a Strong Value Opportunity with a List Price of $2,999,999—positioned well below the $3,344,140 Fair Market Value by 10%. This valuation gap offers $344,141 in Instant Equity for buyers ready to capitalize on the expansive 33,000-square-foot lot and Panoramic Canyon Views. While the property holds a Condition Rating of 5, its "strong bones," existing pool, and zoning for top-rated Warner Avenue and Roscomare Road Elementary Schools provide a premier canvas for a custom estate. This is a high-upside acquisition for Visionary Builders or Luxury Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1181 Somera Road Subject | $2,999,999* List Price | 4 | 4 | 2,994 | $1,117 | - |
A 925 Chantilly Road Sold | $3,250,000 | 4 | 4 | 2,781 | $1,169 | 0.6 mi |
B 1601 Stone Canyon Road Sold | $2,325,000 | 3 | 3 | 2,472 | $941 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976, this property is explicitly marketed as a 'reimagine' or 'build new' opportunity, indicating it requires substantial rehabilitation. The interior photos reveal highly outdated finishes, including original or aged cabinetry, old white appliances, sunken tubs, and worn carpeting. While the structure has 'strong bones,' the kitchen and bathrooms do not meet modern luxury standards, and the property is positioned primarily for its land value and development potential in Bel Air.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32998, living area = 2994.
Elementary School: Warner Avenue Elementary School (9/10).
Set on an expansive 33,000-square-foot lot with an additional flat pad, this property serves as a premier canvas for a visionary builder to create a custom estate or significantly expand the existing footprint.
The 1976 structure is positioned as a 'reimagine' or 'build new' opportunity, indicating that the current residence likely requires a total overhaul to meet modern luxury expectations.
While priced as a compelling entry point for Bel Air, the property necessitates a significant additional financial investment beyond the purchase price to realize its full potential as a show-stopping estate.
AN EXCEPTIONAL OPPORTUNITY TO BUILD OR REIMAGINE IN BEL AIR: Tucked away at the end of a long private drive, this rare offering presents one of the most compelling entry points into Bel Air. Set on an expansive approximately 33,000 square foot lot, the property delivers privacy, tranquility, and sweeping views an ideal canvas for a visionary builder, investor, or end user ready to create something extraordinary. The existing residence is filled with natural light and offers strong bones for a thoughtful renovation. Tall ceilings and generous formal spaces provide an excellent foundation, while a welcoming entry opens to a large living room designed for both comfort and entertaining. The pool is perfectly positioned to capture the surrounding vistas, and an additional flat pad offers the opportunity to expand usable outdoor space or further enhance the estate grounds.The home includes four well proportioned bedrooms and four bathrooms, along with a direct access garage, completing the current layout. Whether you choose to renovate, reimagine, (see renders) or build new, this is a rare chance to secure a prime Bel Air setting and transform it into a show stopping estate tailored to your vision.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 5.2 mi
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 | 2,994 | 2,917 | 52% |
| Lot Size | 32,998 | 22,222.5 | 68% |
| Price | $3.00M | $3.04M | 48% |
| Price per sq ft | $1.0K | $956 | 57% |
| Built year | 1976 | 1969 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 205 | 2% |
Feb 23, 2026
$2,999,999
Initial Listing