
Los Angeles, California 90046
Analysis of 8207 Mulholland Drive, Los Angeles, California 90046 is currently available with a list price of $3,450,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 extensive renovation needed.
Built in 1961 (63 years old) with no significant renovations mentioned. The listing explicitly targets builders and investors, highlighting the potential to 'demolish and rebuild.' While the interior is virtually staged to appear modern, the property is marketed primarily for its land value and development potential, indicating that the original structure and systems likely require a total rehab or replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40946, living area = 2485.
The nearly one-acre lot offers a rare opportunity to build a 5,500-square-foot main residence plus a 1,200-square-foot ADU, maximizing the property's value and utility.
Situated on the iconic Mulholland Drive with gated access, the property provides exceptional privacy and panoramic canyon and city light views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =40946, other record lot size in square feet = 923.
Built in 1961, the current residence likely requires a full-scale renovation or demolition to meet modern luxury standards, necessitating significant additional capital.
Developing on a hillside in Los Angeles involves complex permitting processes and potentially high construction costs related to grading and structural engineering.
Set behind private gated access off Mulholland Drive, this 0.94-acre property offers stunning Los Angeles views, privacy, and exceptional potential for a builder, investor, or end user. The property currently features a two-story main residence and pool, with the opportunity to remodel, expand, or demolish and rebuild. Development potential includes an approximately 5,500-square-foot single-family residence with an attached JADU, plus a separate approximately 1,200-square-foot two-story ADU. With private road access, a gated setting, and a highly desirable hillside location, this is a rare opportunity to create a custom residence or investment property with privacy and expansive city views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,485 | 1,664.159 |
| Lot Size | 40,946 | 6,066.556 |
| Price | $3.45M | $1.35M |
| Price per sq ft | $1.4K | $806 |
| Built year | 1961 | 1939 |
| HOA | $0 | $278 |
| Days on market | 6 | 55 |
Sep 3, 2026
$3,450,000
Initial Listing
Aug 18, 2021
$9,000,000
Public Record