948 Bel Air Road, Los Angeles, California 90077, Los Angeles, 90077 - bed, bath
948 Bel Air Road
Los Angeles, California 90077
Property Price
SUMMARY
Analysis of 948 Bel Air Road, Los Angeles, California 90077 is currently available with a list price of $18,888,888. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is marketed as a premier development opportunity with architectural plans by SAOTA for a 16,000 SF estate, indicating the existing structure is intended for demolition. While real photos show a functional interior, it is significantly dated with basic carpeting, older track lighting, and simple finishes that do not align with the $18.9M price point or the surrounding $50M-$100M estates. The value is based entirely on the land and its redevelopment potential.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Elite Location
Situated on a prime promontory on Bel Air Road, the property is surrounded by ultra-luxury estates valued between $50M and $100M, ensuring maximum prestige and neighborhood stability.
- Architectural Pedigree
The sale includes plans from world-renowned SAOTA Architecture for a 16,000 SF organic modern masterpiece, providing a significant head start on design and permitting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43732, other record lot size in square feet = 43635.
- Development Complexity
As a development site rather than a finished home, the project requires a massive capital injection and a multi-year commitment to construction and project management.
- Middle School Rating
While elementary options are excellent, the assigned middle school has a low rating of 2/10, which may be a deterrent for families relying on the public school system.
About 948 Bel Air Road
Set on one of the last promontories available in prime Bel Air Road and surrounded by $50M-$100M estates, this investment is a once-in-a-lifetime opportunity that offers the most explosive views in the city. Front row with plans from world-renowned SAOTA Architecture to build a 16,000 SF organic modern masterpiece that will be worth well over $80M when complete. Situated at the 50 yard line of Bel-Air and Beverly Hills, just minutes from Hotel Bel-Air and the best dining, entertainment & shopping that Los Angeles has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 43,732 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Warner Avenue Elementary School
Grades K-5 • 1.5 mi
Roscomare Road Elementary School
Grades K-5 • 2.4 mi
Van Nuys Middle School
Grades 6-8 • 5.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 4.0 | 2% |
| Baths | - | 4.0 | 2% |
| Square foot | 16,000 | 2,892 | 98% |
| Lot Size | 43,732 | 25,100.5 | 67% |
| Price | $18.89M | $2.77M | 96% |
| Price per sq ft | $1.2K | $905 | 77% |
| Built year | - | 1961 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 194 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$18,888,888
Initial Listing
Sold
Dec 13, 2019
$12,500,000
Public Record
Sold
Oct 4, 2018
$10,100,000
Public Record