
Los Angeles, California 90077
Analysis of 1227 Roberto Lane, Los Angeles, California 90077 is currently available with a list price of $11,900,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Although this is a new architectural build, it is currently an unfinished shell (85% complete) and is unlivable. It lacks functional kitchens, bathrooms, and finished systems, requiring significant construction and 'rehab' to reach a completed state.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in a prime Bel Air enclave, the property offers breathtaking, unobstructed panoramic vistas spanning from Downtown Los Angeles to the Pacific Ocean.
The estate features massive proportions with 12-foot ceilings, a 2,730-square-foot rooftop deck, and over 9,200 square feet of living space designed for elite entertaining.
The property is sold in its current unfinished state, requiring the buyer to manage the complexities of construction, permitting, and final inspections.
Beyond the $11.9M purchase price, completing the remaining 15% of a luxury estate of this caliber will require substantial additional liquid capital and time.
THE OBSERVATORY has arrived.Bel Air's next great modern estate is ready to be completed. Set behind gates in one of Los Angeles' most coveted enclaves, this extraordinary nearly completed architectural masterpiece spans approximately 9,200 square feet and captures sweeping panoramic views from Downtown Los Angeles to the Pacific Ocean. Offered approximately 85% complete and sold in its current unfinished condition, THE OBSERVATORY presents a rare opportunity to finish a future trophy estate in prime Bel Air. The following reflects the residence as envisioned upon full completion: Designed with striking scale and dramatic architectural presence, the residence is envisioned with soaring 12-foot ceilings, floating staircases, and walls of Fleetwood glass framing endless city-to-ocean vistas. Expansive covered terraces throughout create seamless indoor-outdoor living and entertaining on every level. Planned resort-style grounds include a spectacular pool and spa with floating pavers, an oversized step-in lounging platform, built-in barbecue area, and multiple outdoor entertaining spaces anchored by dramatic Da Vinci fireplaces. The home is also designed with both a show kitchen and separate chef's kitchen, blending elevated design with effortless functionality. The fully daylight lower level is planned to feature an entertainment lounge, bar, wine cellar, theater, gym, steam shower, dry sauna, guest suites, and expansive outdoor patios. Upstairs, luxurious ensuite bedrooms culminate in an exceptional primary retreat complete with fireplace, private terrace, spa-inspired bath, and oversized dual closets. Crowning the residence is an approximately 2,730 square-foot rooftop deck with multiple lounge areas and breathtaking panoramic views stretching across the Los Angeles skyline to the ocean. Additional planned features include elevator access to all levels, smart home automation, and exceptional designer finishes throughout. A rare and compelling opportunity for a developer, investor, or visionary end user to complete one of Bel Air's next iconic modern estates.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.4 mi
Grades 6-8 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 6.0 | 4.0 | 76% |
| Square foot | 9,213 | 2,892 | 92% |
| Lot Size | 15,022 | 21,444 | 28% |
| Price | $11.90M | $3.00M | 94% |
| Price per sq ft | $1.3K | $954 | 76% |
| Built year | 0 | 1969 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 161 | 4% |
May 19, 2026
$11,900,000
Initial Listing