1871 Marcheeta Place

Los Angeles, CA 90069

PRICE REDUCED

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-$505,000 (-4.81%)

$9,995,000

List Price

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Property 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.

Listing Information

List Price $9,995,000
Status Active
MLS 24413639
HOA $175
Type Residential
Subtype Single Family Residence
Lot Size 56,998
Structure Size N/A
DOM 89
Courtesy Of Hilton & Hyland
Listing Agent David Kramer DRE#00996960
Co-Listing Agent Andrew Buss DRE#01999869

Interior Features

Laundry Information
Location(s) See Remarks
Fireplace Information
Features None

Exterior Information

Maps

Listing information courtesy of: David Kramer, Andrew Buss, Hilton & Hyland . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 9:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.