991 Bel Air Road, Los Angeles, California 90077, Los Angeles, 90077 - 3 bed, 4 bath
991 Bel Air Road
Los Angeles, California 90077
Property Price
SUMMARY
Analysis of 991 Bel Air Road, Los Angeles, California 90077 is currently available with a list price of $5,499,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1952, this property exhibits severe structural damage, particularly to the roof with large sections missing and exposed framing, rendering it unlivable and unsafe. The listing description itself highlights it as a 'development opportunity' suggesting it should be 'completely rebuilt,' indicating the value lies primarily in the land rather than the existing structure. The extent of the damage makes it economically unfeasible to repair, aligning with the criteria for a tear-down.
PROSSTRENGTHS & OPPORTUNITIES
- Prestigious Bel Air Location
Situated in an exclusive and highly desirable enclave, offering unparalleled prestige and investment value within one of Los Angeles's most coveted neighborhoods.
- Exceptional Development Potential
Marketed as an 'extraordinary development opportunity,' this property is ideal for creating a custom luxury estate through extensive renovation or a complete new construction.
- Panoramic Unobstructed Views
Features sweeping, unobstructed vistas of the city, canyons, and the Pacific Ocean, a premium and highly sought-after amenity that significantly enhances property value.
CONSRISKS & DEFICIENCIES
- Substantial Investment Beyond Purchase Price
The high list price primarily reflects land value and development potential, requiring significant additional capital for renovation or new construction to realize its full value.
- Outdated & Undersized Existing Residence
The 1952-built, 2,483 sq ft home is likely outdated and undersized for the lot's potential, necessitating a major overhaul or complete rebuild to meet modern luxury standards.
- Complex Development Project
Realizing the property's full potential involves a significant and potentially lengthy development project, including design, permitting, and construction, which may deter some buyers.
About 991 Bel Air Road
An extraordinary development opportunity awaits in the prestigious enclave of Bel Air. Perched on a rare 40,200 square foot lot, the property captures sweeping, unobstructed views that stretch across the city, canyons, and out to the Pacific Ocean. The existing residence is a walled and gated Cape Cod style home of approximately 4,200 square feet. Beyond the cobblestone motor court, the home features soaring ceilings in the living room, a formal dining area, a breakfast space, and a family room. The backyard is anchored by a private pool with bluestone decking, perfectly positioned to enjoy head on city and ocean vistas. Whether reimagined through renovation or completely rebuilt into a new architectural masterpiece, this property represents one of the most compelling opportunities in Bel Air.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 40,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
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 • 1.6 mi
Roscomare Road Elementary School
Grades K-5 • 2.2 mi
Van Nuys Middle School
Grades 6-8 • 5.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,483 | 2,842 | 35% |
| Lot Size | 40,200 | 25,100.5 | 67% |
| Price | $5.50M | $2.77M | 73% |
| Price per sq ft | $2.2K | $905 | 92% |
| Built year | 1952 | 1961 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 156 | 194 | 25% |
Pricing History
Listed for Sale
Oct 1, 2025
$5,499,000
Initial Listing
Sold
Nov 6, 2013
$4,069,540
Public Record
Sold
Mar 30, 2005
$4,550,000
Public Record