560 N Tigertail Road, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 5 bath

560 N Tigertail Road, Los Angeles, California 90049 home-pic-0
ACTIVE$8,995,000$4,279/sqft
Est. Value: $8,867,737
-1%
FairlyEstimate
560 N Tigertail Road, Los Angeles, California 90049
5Beds
5Baths
4,279Sqft
38,825Lot

Price Vs. Estimate

The estimated value ($8,867,736.94) is $127,263.06 (1%) lower than the list price ($8,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38825, living area = 4279.
Top Cons:
Significant Capital Investment Required: Positioned primarily as a 'remodel or development opportunity,' implying substantial additional costs beyond the purchase price to achieve its full potential.

Compared to the nearby listings

Price:$8.99M vs avg $3.90M (+$5,100,000)86%
Size:4,279 sqft vs avg 3,138 sqft74%
Price/sqft:$2.1K vs avg $1.3K94%

More Insights

Built in 1952 (74 years old).
Condition: Built in 1952, this property is explicitly marketed as a 'remodel or development opportunity,' with the listing noting that the 'Age of Existing Structures' may 'necessitate extensive renovation or demolition.' While the description mentions 'immediate usability,' for a property at this price point and location, this likely means it's functional but severely outdated and uncomfortable by modern luxury standards. The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are not a selling point and are likely in very poor, dated condition, requiring substantial repairs or complete replacement. The exterior images show an older mid-century home with aged materials, consistent with a property needing significant rehabilitation to meet current market expectations.
Year Built
1952
Close
-
List price
$8.99M
Original List price
$8.99M
Price/Sqft
$2,102
HOA
-
Days on market
-
Sold On
-
MLS number
25537663
Home ConditionPoor
Features
Excellent View: City Lights, Park/Greenbelt, Ocean, Pool, Trees/Woods
Pool
Patio
ViewCity Lights,Park/Greenbelt,Ocean,Pool,Trees/Woods

About this home

Presenting an exceptional remodel or development opportunity on nearly an acre of land on Brentwood's prestigious Tigertail Road now with RTI plans, shovel ready with full fire department and environmental clearance. This gated, secluded estate sits high above the street, accessible via a long private driveway, and showcases sweeping 220 views from DTLA to the Pacific Ocean and Palos Verdes. The property offers buildability of up to approximately 14,225 square feet, allowing for the creation of a world-class estate in one of Los Angeles' most coveted neighborhoods. Nestled among mature trees and surrounded by lush, park-like grounds, the existing mid-century home and detached guesthouse offer immediate usability or optional redevelopment. Whether restoring the current architecture or building a custom compound, this site delivers unmatched privacy, peace, and potential just minutes from the heart of Brentwood. This is a once-in-a-generation opportunity for visionary developers or end-users to bring a transformational project to life.

J
Jordana Leigh
Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,K-51.4mi
5/10
Brockton Avenue Elementary School
Public,K-52.0mi
9/10
Franklin Elementary School
Public,PK-52.1mi
7/10
Nora Sterry Elementary School
Public,K-52.5mi
9/10
Warner Avenue Elementary School
Public,K-52.6mi
9/10
Fairburn Avenue Elementary School
Public,K-52.8mi
9/10
Roscomare Road Elementary School
Public,K-53.5mi
8/10
Lanai Road Elementary School
Public,K-55.5mi
8/10
Lincoln Middle School
Public,6-82.9mi
6/10
Gaspar De Portola Middle School
Public,6-87.6mi
5/10
William Mulholland Middle School
Public,6-88.4mi
6/10
University Senior High School
Public,9-122.0mi
6/10
University Senior High School Charter
Public,9-122.0mi
8/10
Santa Monica High School
Public,9-124.1mi
6/10
Van Nuys Senior High School
Public,9-128.3mi

Price History

Date
Event
Price
04/11/24
Sold
$6,800,000
Condition Rating
Poor

Built in 1952, this property is explicitly marketed as a 'remodel or development opportunity,' with the listing noting that the 'Age of Existing Structures' may 'necessitate extensive renovation or demolition.' While the description mentions 'immediate usability,' for a property at this price point and location, this likely means it's functional but severely outdated and uncomfortable by modern luxury standards. The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are not a selling point and are likely in very poor, dated condition, requiring substantial repairs or complete replacement. The exterior images show an older mid-century home with aged materials, consistent with a property needing significant rehabilitation to meet current market expectations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38825, living area = 4279.
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Premier Location & Exclusivity: Situated on Brentwood's prestigious Tigertail Road, offering a coveted address in one of Los Angeles' most desirable neighborhoods.
Shovel-Ready Development Opportunity: Features RTI (Ready-To-Issue) plans, full fire department, and environmental clearance, significantly de-risking and accelerating a potential build of up to 14,225 sqft.
Unrivaled Panoramic Views: Boasts sweeping 220-degree vistas extending from Downtown LA to the Pacific Ocean and Palos Verdes.
Exceptional Privacy & Large Lot: A gated, secluded estate on nearly an acre (38,825 sqft) with a long private driveway, mature trees, and park-like grounds.
Versatile Potential: Offers the flexibility for immediate use of the existing mid-century home and guesthouse, or a complete redevelopment into a world-class estate.

Cons

Significant Capital Investment Required: Positioned primarily as a 'remodel or development opportunity,' implying substantial additional costs beyond the purchase price to achieve its full potential.
Age of Existing Structures: Built in 1952, the current mid-century home and guesthouse may necessitate extensive renovation or demolition, adding to project complexity and cost.
High Entry Price Point: The $8.995 million list price represents a substantial initial investment, targeting a very specific and limited buyer demographic.
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