
Los Angeles, California 90077
This High-Potential Investment Opportunity is listed at $3,449,000, positioned well below the $3,424,358 Fair Market Value (Note: Market is currently priced at a premium). Featuring a 4,236 sq. ft. contemporary estate on a massive 31,241 sq. ft. lot, the property offers significant value-add potential. With a Condition Rating of 4, the home requires modernization, yet provides rare amenities including a private hiking trail, basketball court, and panoramic canyon views. Located near top-rated Warner Avenue Elementary, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a custom Bel Air renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1833 Roscomare Road Subject | $3,449,000* List Price | 4 | 4 | 4,236 | $808 | - |
A 1060 Chantilly Road Sold | $3,600,000 | 5 | 5 | 3,999 | $900 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old) and offered in 'As-Is' condition, the property is significantly dated. While the listing suggests it is livable, the reliance on digital renderings for interior and exterior photos indicates that the actual kitchen, bathrooms, and finishes likely require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31241, living area = 4236.
Elementary School: Warner Avenue Elementary School (9/10).
The property features a rare 31,241 sq. ft. lot equipped with a private hiking trail, basketball court, gazebo, and playground, offering a resort-like lifestyle in the heart of Bel Air.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4236, other record living area = 3880.
The property is being sold in its current condition, which likely necessitates a substantial additional investment for modernizing the 1980s-era systems and finishes.
While the local elementary school is top-rated, the assigned middle school has a significantly lower rating, which may be a drawback for families prioritizing the local public school pipeline.
A rare opportunity to own this exceptional 4,236 sq. ft. contemporary estate in prestigious Bel Air. Privately nestled among the hills and surrounded by lush natural beauty, this serene retreat offers breathtaking canyon and hillside views just minutes from UCLA, Beverly Hills, and world-class dining, shopping, and entertainment.Designed for both comfortable family living and effortless entertaining, the residence features four spacious bedrooms, four bathrooms, three fireplaces, and an expansive entertainment room. Resort-inspired outdoor amenities include a private hiking trail, tranquil gazebo, hot tub, barbecue area, basketball court, children's playground, and beautifully landscaped grounds with mature trees and vibrant gardens.Blending privacy, tranquility, and the best of California indoor-outdoor living, this distinctive estate presents an exceptional opportunity to move in, renovate, or create your own custom vision. Offered in As-Is condition. Also available for lease at $12,000 per month. Private showings by appointment only.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.9 mi
Grades 6-8 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,236 | 1,664.159 |
| Lot Size | 31,241 | 6,066.556 |
| Price | $3.45M | $1.35M |
| Price per sq ft | $814 | $806 |
| Built year | 1983 | 1939 |
| HOA | $0 | $278 |
| Days on market | 72 | 55 |
Jun 29, 2026
$3,449,000
Initial Listing
Jul 5, 2012
$1,750,000
Public Record