193 N Carmelina Avenue, Walnut, California 90049, Los Angeles, 90049 - 1 bed, 1 bath

193 N Carmelina Avenue, Walnut, California 90049 home-pic-0
ACTIVE$11,995,000/sqft
193 N Carmelina Avenue, Walnut, California 90049
1Bed
1Bath
Sqft
40,510Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
High Price Point for Land: The nearly $12 million list price is primarily for the land, requiring a substantial additional investment for construction, which significantly limits the potential buyer pool.

Compared to the nearby listings

Price:$11.99M vs avg $3.90M (+$8,100,000)90%
Size: sqft vs avg 3,127 sqft1%
Price/sqft:$0 vs avg $1.3K1%

More Insights

Condition: The property is explicitly marketed as a development opportunity, with the existing 1 bed, 1 bath structure described as having 'limited utility' and 'likely considered a tear-down' by the property analysis. The value is solely in the nearly one-acre lot for building a new estate, indicating the current structure is unlivable and requires demolition.
Year Built
Close
-
List price
$11.99M
Original List price
$11.99M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
19504270
Home ConditionTear down
Features
View-

About this home

Gorgeous almost one acre (40,510 square feet per assessor's map) sun-filled, west-facing, street-to-street lot on quiet and picturesque stretch of extremely desirable North Carmelina Avenue in prime Brentwood. With almost 120 feet of width, street access from both Carmelina and Canyon View, an expansive flat pad and lovely tree-top vistas, this magical property, surrounded by major estates, affords a rare opportunity to build one of the Westside's most extraordinary estates. One of the largest parcels to come on the market in Brentwood in quite some​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ time.

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Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,K-50.8mi
9/10
Franklin Elementary School
Public,PK-51.4mi
5/10
Brockton Avenue Elementary School
Public,K-51.6mi
7/10
Nora Sterry Elementary School
Public,K-52.3mi
9/10
Warner Avenue Elementary School
Public,K-53.0mi
9/10
Fairburn Avenue Elementary School
Public,K-53.0mi
9/10
Roscomare Road Elementary School
Public,K-54.3mi
8/10
Lanai Road Elementary School
Public,K-56.2mi
8/10
Lincoln Middle School
Public,6-82.2mi
6/10
Gaspar De Portola Middle School
Public,6-88.1mi
5/10
William Mulholland Middle School
Public,6-89.1mi
6/10
University Senior High School
Public,9-121.6mi
6/10
University Senior High School Charter
Public,9-121.6mi
8/10
Santa Monica High School
Public,9-123.4mi
6/10
Van Nuys Senior High School
Public,9-129.1mi

Price History

Date
Event
Price
05/07/21
Sold
$10,748,000
Condition Rating
Tear down

The property is explicitly marketed as a development opportunity, with the existing 1 bed, 1 bath structure described as having 'limited utility' and 'likely considered a tear-down' by the property analysis. The value is solely in the nearly one-acre lot for building a new estate, indicating the current structure is unlivable and requires demolition.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Exceptional Location: Prime Brentwood address on a desirable North Carmelina Avenue, surrounded by major estates, offering prestige and exclusivity in a highly sought-after area.
Significant Development Potential: Nearly one acre (40,510 sq ft) sun-filled, west-facing lot with an expansive flat pad, ideal for constructing a custom, luxury estate.
Dual Street Frontage: Unique street access from both Carmelina and Canyon View, providing exceptional flexibility for architectural design, landscaping, and property layout.
Generous Lot Dimensions: Almost 120 feet of width, allowing for a grander scale of development and more expansive estate design compared to typical lots in the area.
Rarity in Market: Described as 'one of the largest parcels to come on the market in Brentwood in quite some time,' indicating a unique and highly sought-after opportunity for a discerning buyer.

Cons

High Price Point for Land: The nearly $12 million list price is primarily for the land, requiring a substantial additional investment for construction, which significantly limits the potential buyer pool.
Existing Structure's Limited Utility: The current 1 bed, 1 bath structure is likely considered a tear-down, offering no immediate habitable value and adding to the overall development cost for a new estate.
Conflicting View Information: While the description mentions 'lovely tree-top vistas,' the structured data explicitly states 'view: None,' which could lead to buyer disappointment regarding expected scenic outlooks.
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