
Los Angeles, California 90046
Analysis of 1830 N Sierra Bonita Avenue, Los Angeles, California 90046 is currently available with a list price of $12,900,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 land value only, full reconstruction required.
Originally built in 1923 and explicitly marketed as a 'tear-down or renovation candidate,' this property is over 100 years old with no evidence of recent updates. The listing focuses on the 2.5-acre land value and architectural plans for new construction, stating the existing structure no longer meets modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 106550, living area = 8697.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Spanning 2.5 acres with a nearly complete lot line adjustment into two parcels, this rare buildable land offers unparalleled scale and flexibility for a luxury compound or dual-estate development in a supply-constrained market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8697, other record living area = 5026. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The existing 8,697 square feet of structures are characterized as tear-down or major renovation candidates, requiring substantial capital investment to bring the property up to modern luxury standards.
Large-scale hillside projects in Los Angeles involve rigorous zoning constraints and topographical challenges that may lead to high carrying costs and lengthy timelines during the construction phase.
Strategic investment opportunity in the heart of the Hollywood Hills. Offered for the first time in decades, this ultra-private, gated estate represents a rare chance to acquire one of the largest and last developable parcels in the core of the Hollywood Hills. Totaling approximately 2.5 acres of buildable flat and gently sloped land, the property combines location, scale, and historic pedigree making it a premier trophy asset. Fully executed architectural (Baumschlager Eberle/ SPF: a Studio Pali Fakete) plans available and a lot line adjustment nearly complete; dividing the lot into two parcels, lower and upper. Located just above Sunset Boulevard in the Hollywood Foothills, adjacent to Runyon Canyon and Wattles Park estate, offers protected greenbelt surroundings, panoramic 360-degree views, and seamless access to both central Hollywood and the Westside. This unique blend of privacy, views, and centrality is increasingly rare and virtually impossible to replicate under current zoning and topographical constraints. The estate includes a lot line adjustment with two parcels, each offering expansive city views and discreet access. Together, they present a compelling value-add opportunity to build a landmark luxury compound on one of L.A.'s largest contiguous residential lots, develop two premier view estates with exceptional resale potential, create an income-producing live/work artist retreat or creative campus, or establish a private family estate or trust-held generational asset with long-term appreciation potential. Originally built in 1923, the existing Andalusian-style structure totals approximately 5026 sf and was previously owned by screen legend Raymond Burr and later music executive Miles Copeland III. While the home may no longer meet modern standards, it provides an architectural footprint and historic narrative that may support rehabilitation tax incentives, or luxury adaptive reuse strategies. Two legal parcels offer flexibility for dual development. The property has an entitlement history that includes multiple historic permits for retaining walls, greenhouse structures, and auxiliary buildings. Inventory of large hillside development sites with flat pads and city/ocean views is virtually nonexistent. Exit strategies include custom resale, spec luxury homes, family compound, or long-term land banking. Structure: 8,697 sq ft (combined square footage of main house (5,026 +sq ft) and auxiliary structures - all tear-down or renovation candidates). Parcels: Approx. 1 acre + 1.5 acres = 2.5 buildable acres. Views: Downtown to the Pacific Ocean. Location: Above Franklin Ave, just north of Sunset Blvd. This is a strategic acquisition for investors seeking a secure foothold in one of Los Angeles' most iconic and supply-constrained enclaves. The property combines intrinsic land value, irreplaceable geography, and multiple monetization pathways. See the documents tab for proposed architectural plans. Tree report available upon request.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.5 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 8.0 | 3.0 | 99% |
| Square foot | 8,697 | 2,312 | 99% |
| Lot Size | 106,550 | 7,158 | 99% |
| Price | $12.90M | $2.30M | 99% |
| Price per sq ft | $1.5K | $952 | 91% |
| Built year | 0 | 1956 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 145 | 1% |
May 22, 2026
$12,900,000
Initial Listing
Aug 23, 2012
$4,360,000
Public Record