
Los Angeles, California 90049
This property presents a High-Potential Investment Opportunity with a List Price of $10,850,000—positioned well above the $9,669,649 Fair Market Value by -12%. Featuring a Condition Rating of 6, the residence is marketed as a prime development site on the prestigious Rockingham Rim. The expansive 27,836 sqft lot offers significant upside for a custom luxury build with canyon and tree top views. This is a strategic acquisition ideal for Luxury Developers or Owner-Occupants seeking to build a bespoke estate in Brentwood Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 S Rockingham Avenue Subject | $10,850,000* List Price | 4 | 6 | 4,118 | $2,348 | - |
A 1639 Mandeville Canyon Road Sold | $7,625,000 | 5 | 6 | 3,954 | $1,928 | 0.3 mi |
B 160 N Cliffwood Avenue Sold | $7,775,000 | 4 | 6 | 2,804 | $2,773 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1923 and held by the same owner for 52 years without significant renovation, this property meets the criteria for a tear-down. The listing explicitly markets the site as a 'blank canvas' to 'build new' and provides renderings of a cleared lot, indicating the value is almost entirely in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27836, living area = 4118.
Situated on the prestigious Rockingham Rim in Brentwood Park, this property offers a rare opportunity in one of Los Angeles' most exclusive and sought-after enclaves.
The expansive, flat half-acre lot is surrounded by mature trees, providing a secluded 'country living' atmosphere with coveted canyon and treetop views.
The existing 1923 residence is positioned as a 'blank canvas,' implying it likely requires a complete restoration or demolition, necessitating substantial additional capital.
With over 90 days on the market and a recent price reduction, the property may face challenges regarding its initial valuation relative to the investment needed for development.
Available for the first time in 52 years, 121 S Rockingham presents a rare opportunity to acquire a Rockingham Rim estate in the heart of Brentwood Park, one of the most prestigious enclaves in Los Angeles. Set on over half an acre of flat land, the property occupies a coveted Rim position with canyon and tree top views, a setting that has long drawn some of the city's most notable residents. Towering mature trees surround the grounds, providing exceptional privacy and a true sense of country living moments south of Sunset. The existing 4,100 square foot residence offers the next owner a blank canvas to restore, reimagine, or build new. A blue chip offering on a street that rarely sees inventory of this caliber. Some images are renderings or have been digitally altered to present the property as a cleared lot for illustrative purposes only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,118 | 1,664.159 |
| Lot Size | 27,836 | 6,066.556 |
| Price | $10.85M | $1.35M |
| Price per sq ft | $2.6K | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 121 | 55 |
Aug 13, 2026
$10,850,000
$11,500,000
-6% Price Drop
Initial Listing
May 11, 2026
$11,500,000
Initial Listing