
Los Angeles, California 90049
This property presents a High-Potential Investment Opportunity with a List Price of $4,980,000—positioned well below the $5,220,281 Fair Market Value by 4%. This valuation gap offers $240,281 in Instant Equity. With a Condition Rating of 6, the asset is primed for a luxury redevelopment on its rare half-acre lot. Featuring Canyon and Ocean views, a private pool, and proximity to top-rated schools, this is an ideal acquisition for Luxury Developers or Owner-Occupants seeking to build a custom estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 590 N Tigertail Road Subject | $4,980,000* List Price | 2 | 3 | 2,228 | $2,343 | - |
A 590 N Tigertail Road Active | $5,495,000 List Price | 2 | 3 | 2,228 | $2,466 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1956 (68 years old) with no recorded renovations, meeting the >50y criteria. The listing explicitly markets the property as an opportunity to 'build your dream home' and provides 'plans and renderings,' signaling that the value is primarily in the half-acre lot rather than the original mid-century structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23361, living area = 2228.
Elementary School: Fairburn Avenue Elementary School (9/10).
Situated on Tigertail Road, one of Brentwood's most coveted streets, the property is surrounded by $20M+ estates, ensuring long-term value and high-end neighborhood status.
With a list price near $5M for a 2,228 sqft structure, the cost is heavily weighted toward the land, requiring substantial additional capital for construction or major renovation.
The existing two-bedroom layout is undersized for the luxury market and modern family needs, making the property less functional in its current state without an expansion.
Set on a rare half-acre along prestigious Tigertail Road, this gated Mid-Century home presents an exceptional opportunity in the heart of Brentwood to build your dream home or reimagine the current property. Reached via a private drive, the property features a generous motor court, mature landscaping, soaring palms, and a free-form pool. The current residence highlights classic Mid-Century details, including floor-to-ceiling glass, wood-paneled ceilings, a brick accent wall, and a striking stone fireplace. Main living spaces and the primary suite open directly to the backyard, while a den with wet bar and a secondary bedroom with ensuite bath add flexibility. Tigertail is one of Brentwood's most coveted streets, surrounded by estates exceeding $20M. A rare offering with immense potential located moments away from Los Angeles' top restaurants and shopping. Plans and renderings available.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.1 mi
Grades PK-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,228 | 1,672 |
| Lot Size | 23,361 | 6,067 |
| Price | $4.98M | $1.37M |
| Price per sq ft | $2.2K | $801 |
| Built year | 1956 | 1939 |
| HOA | $0 | $348 |
| Days on market | 40 | 56 |
Jun 13, 2026
$4,980,000
Initial Listing
Nov 29, 2023
$4,500,000
Public Record