8207 Mulholland Drive, Los Angeles, California 90046, Los Angeles, 90046 - 10 bed, 7 bath
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Los Angeles, California 90046
Analysis of 8207 Mulholland Drive, Los Angeles, California 90046 is currently available with a list price of $14,000,000. 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, this property is primarily marketed as a development opportunity for its land value. While the kitchen has received some mid-range updates, the bathrooms remain significantly dated with original tiling. The listing explicitly suggests demolition or major remodel, and the structures are currently positioned for 'interim use' rather than long-term residency, indicating a need for total rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 152460, living area = 6124.
This massive 3.4-acre assemblage consists of nine separate legal lots, offering a rare opportunity for a developer to create a multi-home luxury compound or a singular landmark estate.
Situated on the world-renowned Mulholland Drive, the property delivers 180-degree panoramic views of the city lights, canyons, and mountains, ensuring high resale value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =152460, other record lot size in square feet = 923.
Developing multiple lots in the Hollywood Hills involves navigating stringent building codes and environmental regulations, which can lead to lengthy and costly permitting timelines.
The existing 1960s structures and pools likely require total demolition or extensive renovation to meet modern luxury standards, adding substantial upfront capital requirements.
LUXURY PROPERTY AUCTION: 19 AUGUST3 SEPTEMBER. Accepting Starting Bids Through 18 August. Starting Bids Expected Between $4.5M$6.5M. Earn an incentive by 18 August. A rare development opportunity emerges along one of Los Angeles's most recognizable addresses: a 3.4-acre assemblage comprising nine separate legal lots on Mulholland Drive in the Hollywood Hills. The mountain ridge site delivers 180-degree views, with peek-a-boo views of Los Angeles and Century City. One portion of the property offers a ground-up building opportunity, while the three remaining structures present potential for remodel, expansion, or demolition and rebuild. An existing internal roadway and dual points of access from both Mulholland Drive and Mulholland Terrace already connect the site. Three homes and two pools currently occupy the land, offering income or interim use during entitlement and design. For a builder or investor, this assemblage represents a rare basis to acquire scale on one of Los Angeles' most storied streets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 10.0 | 3.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 6,124 | 1,672 |
| Lot Size | 152,460 | 6,067 |
| Price | $14.00M | $1.37M |
| Price per sq ft | $2.3K | $801 |
| Built year | 1961 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 20, 2026
$14,000,000
Initial Listing
Aug 18, 2021
$9,000,000
Public Record