
Beverly Hills, California 90210
This 32-acre land assemblage represents a Prime Investment Opportunity, listed at a List Price of $12,000,000—positioned well below the $12,345,706 Fair Market Value by 2%. With $345,706 in Instant Equity, this asset offers significant scale on the iconic Mulholland ridgeline. Featuring a Condition Rating of 6, the existing structure is a teardown, shifting focus to the 32-acre lot size and panoramic canyon-to-valley views. This is an ideal acquisition for Institutional Developers or Legacy Estate Investors seeking a high-upside development canvas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13511 Mulholland Drive Subject | $11,250,000* List Price | 4 | 5 | 2,905 | $4,250 | - |
A 13511 Mulholland Drive Active | $12,000,000 List Price | 4 | 5 | 2,905 | $4,131 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is a 1953 original structure (>70 years old) with no evidence of recent renovations. It is being marketed primarily as a 32-acre land assemblage for development, and the provided house images are explicitly labeled as AI renderings, indicating the current residence is likely obsolete and the value lies 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 = 1359715, living area = 2905.
Spanning nearly 32 acres across eight contiguous parcels, this property represents one of the largest remaining land assemblages on the iconic Mulholland ridgeline, offering rare scale for Beverly Hills.
With five points of ingress and multiple street-facing addresses, the site provides exceptional flexibility for creating a massive private legacy compound or a phased multi-residence development.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1359715, other record lot size in square feet = 221379.
The scale of the project and its hillside location involve significant regulatory and environmental hurdles, requiring extensive due diligence and verification of all development potential by the buyer.
The existing 1953 structure is likely a teardown or secondary to the land value, meaning the $12M acquisition is just the baseline for a project requiring massive additional investment to realize its full potential.
NEW PRICE 31.22 acres. Eight contiguous parcels. A legacy opportunity unlike anything currently available in Los Angeles. Spanning nearly 32 acres across eight contiguous parcels, 13511 Mulholland Drive represents one of the largest remaining land assemblages along this iconic ridgeline, offering a scale and flexibility rarely available in Los Angeles. Set on a private, tree-covered plateau with direct access to city utilities, the property combines expansive width, five points of ingress, multiple street-facing addresses, and sweeping canyon-to-Valley views, creating a compelling canvas for a world-class private estate, multi-residence compound, or strategic long-term land investment (Buyer to verify all development potential). In a corridor where most properties are measured in fractions of an acre, opportunities approaching this scale are exceptionally rare. Positioned moments from Bel-Air, Holmby Hills, Beverly Hills, Century City, Studio City, and Burbank, the property offers seamless access to both the Westside and the Valley while maintaining remarkable privacy. Surrounded by luxury estates valued at $20 million and above, this exceptional assemblage presents a compelling opportunity for discerning end-users, developers, and investors seeking one of Los Angeles' last great legacy land holdings. Sale includes APNs: 2386-003-004, 2386-002-005, 2386-010-008, 2386-010-009, 2386-003-003, 2386-011-002, 2386-006-002, and 2386-006-001
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 5.0 | 4.7 |
| Square foot | 2,905 | 3,496.845 |
| Lot Size | 1,359,715 | 13,721.569 |
| Price | $11.25M | $5.41M |
| Price per sq ft | $3.9K | $1.5K |
| Built year | 1953 | 1955 |
| HOA | $0 | $1.4K |
| Days on market | 100 | 68 |
Jul 29, 2026
$11,250,000
$12,000,000
-6% Price Drop
Initial Listing
Jun 1, 2026
$12,000,000
Initial Listing
Nov 14, 2016
$6,000,000
Public Record