765 N Tigertail Road, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 3 bath

765 N Tigertail Road, Los Angeles, California 90049 home-pic-0
ACTIVE$7,975,000$2,468/sqft
Est. Value: $7,975,000
%
FairlyEstimate
765 N Tigertail Road, Los Angeles, California 90049
4Beds
3Baths
2,468Sqft
45,052Lot

Price Vs. Estimate

The estimated value ($7,975,000) is $0 (0%) lower than the list price ($7,975,000). 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 = 45052, living area = 2468.
Top Cons:
Current Home Size & Condition: The existing 2,468 sqft home is modest relative to the expansive lot and luxury market expectations, suggesting it may not meet modern luxury standards without significant investment.

Compared to the nearby listings

Price:$7.97M vs avg $3.90M (+$4,080,000)82%
Size:2,468 sqft vs avg 3,127 sqft25%
Price/sqft:$3.2K vs avg $1.3K99%

More Insights

Built in 1949 (77 years old).
Condition: Built in 1949, the property's description explicitly highlights the opportunity for a 'full teardown with the ability to rebuild' a much larger estate, indicating the value is primarily in the expansive land and its redevelopment potential. While the existing home is livable and has some functional updates (kitchen with stainless steel appliances, updated bathrooms), these renovations appear to be 15-25 years old and do not meet current luxury standards. The property analysis also notes the home 'may not meet modern luxury standards without significant investment' and requires 'substantial renovation/rebuild.' Therefore, the existing structure is largely considered a tear-down for a buyer looking to maximize the potential of this prime location.
Year Built
1949
Close
-
List price
$7.97M
Original List price
$7.97M
Price/Sqft
$3,231
HOA
-
Days on market
-
Sold On
-
MLS number
25609237
Home ConditionTear down
Features
Excellent View: Catalina, Coastline, Ocean
Patio
ViewCatalina, Coastline, Ocean

About this home

Set on more than an acre of land atop of a covetable ocean-view site in Brentwood, this classic 1949 mid-century modern property presents the opportunity to expand upon the architectural pedigree of the existing residence or to entirely re-envision a new estate. The existing single-story home offers the iconic principles of its mid-century modern design: clean lines, natural materials, and the seamless flow of indoor-outdoor living. The property features 4 bedrooms, 3 bathrooms, an office, and a den, opening into the lush surrounding grounds. The site itself, which sits among the distinguished estates of Kenter Canyon, offers unobstructed ocean views of the iconic Southern California "Queen's Necklace", the sparkling coastline from the Palos Verdes Peninsula up to Malibu. Per Underbuilt, options of restoration or redevelopment include an addition and remodel totaling approximately 8,988 square feet or a full teardown with the ability to rebuild up to approximately 10,786 square feet. This is the first time the property has been offered on the market with an asking price below $8,000,000. Whether preserved, expanded, or entirely reimagined, this exceptional property blends natural serenity with proximity to Los Angeles' finest dining, shopping, and lifestyle.

S
Sam Collins
Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,K-51.7mi
5/10
Brockton Avenue Elementary School
Public,K-52.4mi
9/10
Franklin Elementary School
Public,PK-52.4mi
9/10
Warner Avenue Elementary School
Public,K-52.8mi
7/10
Nora Sterry Elementary School
Public,K-52.9mi
9/10
Fairburn Avenue Elementary School
Public,K-53.1mi
9/10
Roscomare Road Elementary School
Public,K-53.3mi
8/10
Lanai Road Elementary School
Public,K-55.2mi
8/10
Lincoln Middle School
Public,6-83.2mi
6/10
Gaspar De Portola Middle School
Public,6-87.2mi
5/10
William Mulholland Middle School
Public,6-88.1mi
6/10
University Senior High School
Public,9-122.3mi
6/10
University Senior High School Charter
Public,9-122.3mi
8/10
Santa Monica High School
Public,9-124.4mi
6/10
Van Nuys Senior High School
Public,9-128.1mi

Price History

Date
Event
Price
06/10/22
Sold
$8,400,000
Condition Rating
Tear down

Built in 1949, the property's description explicitly highlights the opportunity for a 'full teardown with the ability to rebuild' a much larger estate, indicating the value is primarily in the expansive land and its redevelopment potential. While the existing home is livable and has some functional updates (kitchen with stainless steel appliances, updated bathrooms), these renovations appear to be 15-25 years old and do not meet current luxury standards. The property analysis also notes the home 'may not meet modern luxury standards without significant investment' and requires 'substantial renovation/rebuild.' Therefore, the existing structure is largely considered a tear-down for a buyer looking to maximize the potential of this prime location.
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 = 45052, living area = 2468.
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Unobstructed Ocean Views: Offers breathtaking, unobstructed 'Queen's Necklace' ocean views, spanning from Palos Verdes to Malibu, significantly enhancing desirability and value.
Expansive Prime Lot: Situated on over an acre in a highly coveted Brentwood location, providing exceptional privacy, space, and exclusivity amidst distinguished estates.
Exceptional Development Potential: Presents a rare opportunity for significant expansion (up to ~8,988 sqft) or a complete rebuild (up to ~10,786 sqft), allowing for a custom luxury estate.
Mid-Century Modern Pedigree: The existing 1949 residence embodies classic mid-century modern design, offering a unique architectural foundation for restoration or integration into a new vision.
Strategic Market Entry Price: Listed below $8,000,000 for the first time, offering a compelling value proposition and a more accessible entry point for a property of this caliber in a prime location.

Cons

Current Home Size & Condition: The existing 2,468 sqft home is modest relative to the expansive lot and luxury market expectations, suggesting it may not meet modern luxury standards without significant investment.
Substantial Renovation/Rebuild Required: To fully capitalize on the property's potential and prime location, buyers should anticipate a considerable investment in renovation, expansion, or a complete teardown and rebuild.
High Overall Investment: While the list price is strategic, the ultimate cost to transform this property into a contemporary luxury estate will be substantial, requiring a buyer with significant capital beyond the purchase price.
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