
Los Angeles, California 90077
This property presents a High-Potential Investment Opportunity with a List Price of $3,000,000, positioned near its $2,946,855 Fair Market Value. While the home carries a Condition Rating of 6, the massive 1.3-acre lot in Bel Air offers significant Development Potential for a custom estate. Located just 0.2 miles from the highly-rated Roscomare Road Elementary School, the site provides a serene, private canyon setting. This is a strategic acquisition ideal for Custom Home Builders or Owner-Occupants looking to create a bespoke residence in a prestigious enclave.
Property is land value only, full reconstruction required.
Built in 1954 and retaining its original systems with no recorded renovations, this property exceeds the 50-year threshold for a tear-down. The listing explicitly markets the property as an opportunity to 'build your dream home' or 'create an entirely new vision,' indicating the value is primarily in the 1.3-acre lot rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41094, living area = 3055.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on a massive 1.3-acre LARE15 lot, this property offers a rare opportunity to renovate the existing mid-century structure, expand, or build a brand-new custom estate in prestigious Bel Air.
The home retains its original 1954 systems and is being sold strictly as-is, necessitating a substantial capital investment for a complete renovation or teardown.
While private, the shared nature of the exclusive driveway may impose certain logistical constraints or maintenance agreements with neighboring residences compared to a fully independent gated entry.
An extraordinary opportunity to reimagine or build your dream home in prestigious Bel Air! Privately positioned on 1.3 acres and accessed by an exclusive driveway shared by only three residences, this 1954 post-and-beam home offers exceptional privacy in a serene canyon setting surrounded by mature pines and towering redwoods.Featuring 4 bedrooms, 3 bathrooms, and approximately 3,055 square feet, the property showcases classic California mid-century architecture on an expansive 57,080-square-foot LARE15 lot. Renovate the existing residence, expand, explore the possibility of adding an ADU, or create an entirely new visionsubject to applicable approvals.Additional features include a three-car carport with a bonus loft above. The home retains its original systems and is being sold strictly as-is, presenting an inspiring opportunity for a designer, architect, builder, or end user dreaming of creating something truly special in Bel Air.Ideally located just minutes from Mulholland Drive, Sunset Boulevard, the Westside, and the Valley. A rare and exciting opportunityand one we are truly grateful to present!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 4.0 mi
Grades 6-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,055 | 1,664.159 |
| Lot Size | 41,094 | 6,066.556 |
| Price | $3.00M | $1.35M |
| Price per sq ft | $982 | $806 |
| Built year | 1954 | 1939 |
| HOA | $0 | $278 |
| Days on market | 37 | 55 |
Aug 3, 2026
$3,000,000
Initial Listing
Jun 8, 2011
$390,000
Public Record
Jul 27, 1995
$670,000
Public Record