193 N Carmelina Avenue, Walnut, California 90049, Los Angeles, 90049 - 1 bed, 1 bath
193 N Carmelina Avenue
Walnut, California 90049
Property Price
SUMMARY
Analysis of 193 N Carmelina Avenue, Walnut, California 90049 is currently available with a list price of $11,995,000. 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 Walnut Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 193 N Carmelina Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 40,510 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Walnut Unified Schools
Brentwood Science School
Grades K-5 • 0.8 mi
Franklin Elementary School
Grades PK-5 • 1.4 mi
Brockton Avenue Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 1% |
| Baths | 1.0 | 4.0 | 1% |
| Square foot | - | 3,064 | 1% |
| Lot Size | 40,510 | 11,710 | 91% |
| Price | $11.99M | $3.81M | 89% |
| Price per sq ft | $0 | $1.3K | 1% |
| Built year | - | 1958 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 2376 | 182 | 0% |
Pricing History
Sold
May 7, 2021
$10,748,000
Public Record