2751 Monte Mar Terrace, Los Angeles, California 90064, Los Angeles, 90064 - 4 bed, 4 bath
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Los Angeles, California 90064
Analysis of 2751 Monte Mar Terrace, Los Angeles, California 90064 is currently available with a list price of $3,400,000. 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 Los Angeles 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.
Built in 1947 and on the market for the first time in 75 years, the property is over 50 years old with no recorded renovations. The listing explicitly suggests redevelopment and custom home creation on a trophy site, indicating the value is primarily in the land.
Elementary School: Overland Avenue Elementary School (9/10).
Situated on a premier corner lot in a trophy Cheviot Hills location with nearby sales exceeding $8 million, this property offers massive equity upside for a custom redevelopment or major expansion.
The property features sought-after views of the city lights and the golf course, providing a scenic backdrop that significantly enhances the home's luxury appeal and market value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Offered for the first time in 75 years, the 1947 structure is in original condition and requires a total modernization or teardown to meet current luxury standards.
At a $3.4 million price point for a home needing substantial work, the high initial capital requirement may limit the buyer pool to developers or high-net-worth end-users.
First time on the market in over 75 years! This special two-story Traditional sits on a premier corner lot in one of Cheviot Hills' most desirable locations. The existing home offers 4 bedrooms, 3.5 baths, three fireplaces, formal dining room, family room, and a private landscaped backyard. Upstairs enjoys pleasant views and excellent privacy. Ready for updating, expansion, or redevelopment, this exceptional property presents a rare opportunity to create a custom dream home on a trophy site. With recent nearby sales of $8 million plus, the property offers outstanding potential for both end-users and developers alike.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,000 | 1,672 |
| Lot Size | 7,579 | 6,067 |
| Price | $3.40M | $1.37M |
| Price per sq ft | $1.1K | $801 |
| Built year | 1947 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$3,400,000
Initial Listing