1350 Belfast Drive, Los Angeles, California 90069, Los Angeles, 90069 - 4 bed, 5 bath
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Los Angeles, California 90069
This Premier Development Opportunity is a Strong Value Opportunity, listed at $5,799,000—positioned well below the $6,347,568 Fair Market Value by 8%. This valuation gap provides $548,568 in Instant Equity for a high-upside project. While the 1937 NeoClassical Revival is in Fair Condition, its massive half-acre lot and panoramic city and ocean views offer immense potential for a world-class estate. This is a rare value-add acquisition perfectly suited for Strategic Developers or Luxury Investors looking to capitalize on the iconic Sunset Strip market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1350 Belfast Drive Subject | $5,799,000* List Price | 4 | 5 | 4,977 | $1,275 | - |
A 1600 Viewmont Drive Active | $4,995,000 List Price | 4 | 5 | 3,414 | $1,463 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1937 NeoClassical Revival estate, but the interior finishes—including the kitchen's frosted glass cabinetry, butcher block island, and older professional appliances—indicate a major renovation occurred approximately 25-30 years ago. While the home is clean and functional, the listing's emphasis on 'restoration' and 'development opportunity' confirms that the style and systems are outdated for the current luxury market standards in the Sunset Strip area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24435, living area = 4977.
Situated on an elevated half-acre lot above the iconic Sunset Strip, the property offers breathtaking panoramic vistas of the city lights, canyons, and the Pacific Ocean.
The expansive lot features rare flat pads and multiple usable tiers, providing a versatile and highly valuable canvas for a world-class estate or a significant architectural reimagining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4977, other record living area = 4119.
Marketed as a development opportunity or restoration project, the 1930s structure likely requires substantial capital investment to modernize its systems and finishes to current luxury standards.
While the lot offers great potential, any new construction or major expansion in this coveted hillside area will be subject to rigorous Los Angeles building codes and complex permitting processes.
Set on an extraordinary half-acre view lot above the iconic Sunset Strip, this property offers a rare development opportunity in one of Los Angeles' most coveted and recognizable locations. Elevated and private, the site captures expansive city views and dramatic vistas, creating an ideal canvas for a world-class estate. The grounds feature multiple usable tiers, including generous flat pads, terraced gardens, and a pool level, providing flexibility for new construction, guest structures, or a reimagined compound. With its premier positioning just moments from Sunset Plaza and its exceptional views, this is a chance to build or transform a showpiece residence in a setting defined by prestige, privacy, and sweeping outlooks. The existing celebrity residence, a 1937 NeoClassical Revival Colonial, has a traditional layout, with formal living and dining spaces, a dramatic primary suite, and a special key shaped swimming pool, offering potential for restoration, expansion, or redevelopment to suit a modern vision. Trust sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 64% |
| Square foot | 4,977 | 2,580 | 83% |
| Lot Size | 24,435 | 7,299 | 90% |
| Price | $5.80M | $3.27M | 80% |
| Price per sq ft | $1.2K | $1.2K | 53% |
| Built year | 1937 | 1949 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 198 | 2% |
Apr 14, 2026
$5,799,000
Initial Listing