
Los Angeles, California 90069
Analysis of 1688 Sunset Plaza Drive, Los Angeles, California 90069 is currently available with a list price of $3,400,000. 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 the structure is new construction (2026), it is currently a partially completed shell in the framing stage. It lacks a kitchen, bathrooms, and finished HVAC/electrical systems, rendering it unlivable and requiring a full interior build-out.
Situated in the prestigious Sunset Strip - Hollywood Hills West area, this property offers a highly coveted address with significant appreciation potential and proximity to world-class dining and entertainment.
With grading, foundation, structural I-beam work, and framing already completed, the project allows a developer or homeowner to bypass the most difficult phases of construction and move directly to finishing a custom luxury estate.
The proposed 5,360 sq. ft. layout includes high-end amenities such as a rooftop terrace, theater, gym, and wine cellar, maximizing the property's value and appeal for the modern luxury market.
The property is currently a construction site, requiring substantial additional capital, time, and project management to reach completion, which may limit the pool of traditional buyers.
Sold in 'as-is' condition, the buyer assumes the responsibility and risk of verifying all existing plans, permits, and structural integrity with the City of Los Angeles.
Rare opportunity to complete a partially constructed modern view estate in the highly desirable Sunset Plaza area of Los Angeles. This approximately 5,360 sq. ft. two-story single-family residence offers 4 bedrooms, 6 bathrooms, and an attached 2-car garage. The project has already progressed through significant construction, including new grading, foundation, structural I-beam work, and framing. Current plans and permits call for a contemporary luxury estate designed for both sophisticated living and entertaining. The proposed layout includes a spacious primary suite, three additional bedrooms, office, theater, gym/recreation room, bar, wine cellar, rooftop terrace, and pool. With major structural work already completed and the property framed, this is an exceptional opportunity for a developer, investor, or buyer looking to finish a custom modern estate in one of Los Angeles' most coveted hillside locations. The existing plans provide a strong foundation for completing a distinctive residence with expansive indoor and outdoor living spaces and views. Buyer to independently verify all plans, permits, square footage, development potential, construction status, and property details with the City of Los Angeles and appropriate professionals. Property is being sold in its current condition.
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 | 5,360 | 1,664.159 |
| Lot Size | 5,680 | 6,066.556 |
| Price | $3.40M | $1.35M |
| Price per sq ft | $634 | $806 |
| Built year | 2026 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Aug 24, 2026
$3,400,000
Initial Listing
May 10, 2024
$2,750,000
Public Record
Apr 6, 2022
$3,300,000
Public Record
Jan 21, 2021
$2,900,000
Public Record
May 16, 2016
$2,180,000
Public Record
Aug 8, 2014
$1,325,013
Public Record