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$10,500,000
Bed
Bath
SqFt
1.31 Acre Lot
56,998 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built
Neighborhood
Days on Website 73

Property Map

$10,500,000 – 1871 Marcheeta Place, Los Angeles, CA 90069

Street View

Property listed by Hilton & Hyland, David Kramer {attribution_contact}

Description

This sprawling blue-chip site of approximately 1.3 acres is mostly flat and positioned at the end of a quiet cul-de-sac in the coveted Doheny Estates. Rarely do land opportunities with this amount of flat area become available, especially in such an exclusive, world-class location. The massive site was previously two parcels thereby giving a buyer flexibility to explore untying the property back to two parcels to develop two homes, or build on the current parcel. There is a home on the property which could serve as a rental to defray carry costs while a buyer obtains entitlements and permits. Truly a unique, one-of-a-kind opportunity in an A+ location, perfect for either an end-user or developer to create Los Angeles’ next showcase estate. Red boundary lines are approximations and may not reflect precise property lines. Seller open to discussing creative/alternative financing options.

Property Details and Features

Building

  • Levels: Two
  • 2 stories
  • Common walls: NoCommonWalls

Fireplaces

  • None

Home Owner’s Association

  • Association fee: $175

Laundry

  • SeeRemarks

Listing

  • ListingID: 24413639
  • Standard status: Active
  • 34 days on market

Lot

  • 1.3085 acres
  • 56,998 square feet
  • Size: 56,998

Pool

  • InGround

Property

  • CityLights

Spa

  • None

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