1754 Mandeville Canyon Road, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 4 bath
ACTIVE UNDER CONTRACT$6,995,000$3,598/sqft
Est. Value: $6,882,915
-1%
FairlyEstimate
1754 Mandeville Canyon Road, Los Angeles, California 90049
5Beds
4Baths
3,598Sqft
27,138Lot
Price Vs. Estimate
The estimated value ($6,882,914.67) is $112,085.33 (1%) lower than the list price ($6,995,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27138, living area = 3598.
Top Cons:
Significant Additional Investment Required: The description implies the existing 1952 traditional ranch home requires substantial capital investment for renovation, expansion, or a complete rebuild to realize its 'dream estate' potential.
Compared to the nearby listings
Price:$7.00M vs avg $3.90M (+$3,100,000)79%
Size:3,598 sqft vs avg 3,138 sqft60%
Price/sqft:$1.9K vs avg $1.3K90%
More Insights
Built in 1952 (74 years old).
Condition: Built in 1952 and on the market for the first time in 62 years, this property's interior is severely outdated, as evidenced by the kitchen with its original-style dark wood cabinets, dated pinkish countertops, white square tile backsplash, patterned linoleum flooring, and extremely old fluorescent lighting with a stained-glass cover. The appliances, while one is Bosch, appear to be older models. The living areas feature very dated blue patterned carpet, floral wallpaper, and heavy traditional woodwork. While the exterior and lot offer significant potential, the existing home requires substantial repairs and rehabilitation, with major components needing extensive system replacements and a complete aesthetic overhaul to meet current standards. The listing itself suggests the property is a candidate for renovation, rebuilding, or adding on, indicating the current structure's condition is not a primary selling point.
Year Built
1952
Close
-
List price
$7M
Original List price
$8M
Price/Sqft
$1,944
HOA
$100
Days on market
-
Sold On
-
MLS number
25572489
Home ConditionPoor
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt
About this home
BOM! First time on the market in 62 years, this mostly flat, .623 acre property is nestled on its own private drive off of lower Mandeville Canyon. Quiet and serene, the mature lush landscaping surrounds this traditional ranch home and creates a compound-worthy estate. Grandfathered setbacks offer incredible entitlements and the existing home allows easy financing for added construction. Renovate, rebuild, or add to this incredible property. With parking for multiple cars, and the land to expand, this property is ready to be built back into a dream estate. Updated survey is available upon request. Zoned for horses as well. Buyer to check specifics with city as to where a possible stable may be built. This is a rare opportunity for an owner / builder or developer. Easy to see existing vacant home.
R
Rosanna Locke
Listing Agent
Nearby schools
5/10
Brentwood Science School
Public,•K-5•1.4mi
9/10
Franklin Elementary School
Public,•PK-5•1.8mi
5/10
Brockton Avenue Elementary School
Public,•K-5•2.2mi
7/10
Nora Sterry Elementary School
Public,•K-5•2.9mi
9/10
Warner Avenue Elementary School
Public,•K-5•3.3mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•3.5mi
9/10
Roscomare Road Elementary School
Public,•K-5•4.1mi
8/10
Lanai Road Elementary School
Public,•K-5•5.7mi
8/10
Lincoln Middle School
Public,•6-8•2.6mi
6/10
Gaspar De Portola Middle School
Public,•6-8•7.6mi
5/10
William Mulholland Middle School
Public,•6-8•8.6mi
6/10
University Senior High School
Public,•9-12•2.2mi
6/10
University Senior High School Charter
Public,•9-12•2.3mi
8/10
Santa Monica High School
Public,•9-12•3.8mi
6/10
Van Nuys Senior High School
Public,•9-12•8.8mi
Condition Rating
Poor
Built in 1952 and on the market for the first time in 62 years, this property's interior is severely outdated, as evidenced by the kitchen with its original-style dark wood cabinets, dated pinkish countertops, white square tile backsplash, patterned linoleum flooring, and extremely old fluorescent lighting with a stained-glass cover. The appliances, while one is Bosch, appear to be older models. The living areas feature very dated blue patterned carpet, floral wallpaper, and heavy traditional woodwork. While the exterior and lot offer significant potential, the existing home requires substantial repairs and rehabilitation, with major components needing extensive system replacements and a complete aesthetic overhaul to meet current standards. The listing itself suggests the property is a candidate for renovation, rebuilding, or adding on, indicating the current structure's condition is not a primary selling point.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27138, living area = 3598.
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Exceptional Development Opportunity: The mostly flat, 0.623-acre lot, coupled with grandfathered setbacks and entitlements, offers significant potential for expansion, renovation, or a complete rebuild into a custom dream estate.
Prestigious & Private Location: Nestled on its own private drive in the highly desirable Lower Mandeville Canyon, the property provides unparalleled tranquility and exclusivity within a prime Los Angeles neighborhood.
Rare Market Offering: Being on the market for the first time in 62 years underscores its unique and exclusive nature, appealing to discerning buyers seeking a truly one-of-a-kind property.
Equestrian Zoning Potential: The property is zoned for horses, a rare and valuable amenity in this area, offering a unique lifestyle opportunity for equestrian enthusiasts.
Established Compound Setting: Mature, lush landscaping and a serene environment immediately create the feel of an established, private compound, enhancing its luxury appeal.
Cons
Significant Additional Investment Required: The description implies the existing 1952 traditional ranch home requires substantial capital investment for renovation, expansion, or a complete rebuild to realize its 'dream estate' potential.
Challenging Price History: Multiple price reductions from the original $7.995M to the current $6.995M suggest initial overvaluation or challenges in attracting buyer interest at previous price points.
Buyer Due Diligence Burden: The note 'Buyer to check specifics with city as to where a possible stable may be built' places the responsibility on the buyer to verify key features, indicating potential complexities or uncertainties regarding the full utilization of the equestrian zoning.