193 N Carmelina Avenue, Walnut, California 90049, Los Angeles, 90049 - 1 bed, 1 bath
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Walnut, California 90049
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.
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.
Elementary School: Fairburn Avenue Elementary School (9/10).
Prime Brentwood address on a desirable North Carmelina Avenue, surrounded by major estates, offering prestige and exclusivity in a highly sought-after area.
Nearly one acre (40,510 sq ft) sun-filled, west-facing lot with an expansive flat pad, ideal for constructing a custom, luxury estate.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades PK-5 • 1.4 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 1% |
| Baths | 1.0 | 4.0 | 1% |
| Square foot | - | 3,063.5 | 1% |
| Lot Size | 40,510 | 11,235.5 | 92% |
| Price | $11.99M | $3.88M | 89% |
| Price per sq ft | $0 | $1.3K | 1% |
| Built year | 0 | 1955 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 2423 | 200 | 0% |
May 7, 2021
$10,748,000
Public Record