
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 | $12,000,000* 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.
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, multiple access points, and sweeping canyon-to-Valley views, creating a viable canvas for a significant private estate, multi-residence compound, or long-term land hold. The offering includes five points of ingress and multiple street-facing addresses, providing optionality for phased development or a legacy compound design (Buyer to verify all development potential). In a corridor where most properties are measured in fractions of an acre, opportunities of this magnitude are exceptionally limited. Positioned moments from Bel-Air, Holmby Hills, and the Westside, with convenient Valley access to Studio City and Burbank, the property sits at the intersection of Los Angeles' premier residential and creative hubs. With surrounding estate values exceeding $20M+, this assemblage presents a compelling opportunity for end-users, developers, and investors seeking scale, privacy, and long-term upside in a highly supply-constrained market. Sale includes APNs: 2386-003-004, 2386-002-005, 2386-010-008, 2386-010-009, 2386-003-003, 2386-011-002, 2386-006-002, 2386-006-001.
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 | 5.0 | 50% |
| Square foot | 2,905 | 4,366 | 25% |
| Lot Size | 1,359,715 | 17,434.5 | 99% |
| Price | $12.00M | $6.40M | 70% |
| Price per sq ft | $4.1K | $1.4K | 96% |
| Built year | 1953 | 1959 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 154 | 1% |
Jun 1, 2026
$12,000,000
Initial Listing
Nov 14, 2016
$6,000,000
Public Record