
Los Angeles, California 90046
Analysis of 8147 Mulholland Drive, Los Angeles, California 90046 is currently available with a list price of $4,750,000. 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.
The property was built in 1961 (>50 years old) and the listing explicitly highlights the opportunity to 'demolish and rebuild' a 9,500-square-foot estate. While the interior appears functional, the lack of modern renovations and the marketing focus on land value and development potential align with the tear-down criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 84070, living area = 3639.
The expansive 1.93-acre lot offers a rare opportunity to build a massive 9,500-square-foot main residence plus additional ADUs, providing immense upside for developers or those seeking a custom trophy estate.
Situated behind private gates on the prestigious Mulholland Drive, the property offers exceptional seclusion and exclusivity in the highly coveted Hollywood Hills West neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =84070, other record lot size in square feet = 77980. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3639, other record living area = 3003. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
The existing 1961 structures likely require a complete overhaul or demolition to meet modern luxury standards, necessitating a significant additional capital investment.
Developing a large-scale estate in this terrain involves navigating stringent hillside zoning regulations and potential geological requirements, which can increase project timelines and costs.
Set behind private gated access off Mulholland Drive, this unique 1.93-acre property offers stunning Los Angeles views, privacy, and significant upside for a builder, investor, or end user. The property currently features a two-story main residence, a one-story accessory structure, and a pool, with the opportunity to remodel, expand, or demolish and rebuild. The site offers approximately 1.93 acres of land with private road access and development potential for an approximately 9,500-square-foot two-story single-family residence with an attached JADU, plus a separate 1,200-square-foot one- or two-story ADU, with optional locations shown on the site plan. A rare opportunity to create a substantial private estate in one of Los Angeles' most desirable hillside settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,639 | 1,664.159 |
| Lot Size | 84,070 | 6,066.556 |
| Price | $4.75M | $1.35M |
| Price per sq ft | $1.3K | $806 |
| Built year | 1961 | 1939 |
| HOA | $0 | $278 |
| Days on market | 6 | 55 |
Sep 3, 2026
$4,750,000
Initial Listing
Aug 18, 2021
$9,000,000
Public Record