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1037 Bel Air Court, Los Angeles, California 90077, Los Angeles, 90077 - 4 bed, 6 bath

1037 Bel Air Court, Los Angeles, California 90077 home-pic-0
ACTIVE$17,995,000
1037 Bel Air Court, Los Angeles, California 90077
4Beds
6Baths
3,869Sqft
293,748Lot
Year Built
1948
Close
-
List price
$18M
Original List price
$18M
Price/Sqft
$4,651
HOA
-
Days on market
-
Sold On
-
MLS number
25585213
Home ConditionPoor
Features
Excellent View: City Lights, Canyon, Trees/Woods
Pool
Patio
ViewCity Lights,Canyon,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $18.00M(93th), sqft - 3869(54th), beds - 4(50th), baths - 6(66th).

Spanning nearly seven acres, this gated Bel Air estate occupies one of the most sought-after locations in Los Angeles. The property features approximately 500 feet of frontage along Bel Air Road and offers unobstructed views of the surrounding canyons and the city skyline. Lush, mature landscaping, including rose gardens, manicured lawns, and classical statuary, frames the grounds, creating a private and serene environment. This rare estate represents a significant development opportunity. Its size and location provide the flexibility to renovate the existing structures or build a new residence of exceptional scale and design. With privacy, views, and prestige all combined, the property is a truly singular offering.

Nearby schools

9/10
Warner Avenue Elementary School
Public,•K-5•1.8mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.0mi
2/10
Van Nuys Middle School
Public,•6-8•5.1mi
6/10
University Senior High School
Public,•9-12•3.5mi
6/10
University Senior High School Charter
Public,•9-12•3.5mi
6/10
Van Nuys Senior High School
Public,•9-12•6.6mi

Price History

Date
Event
Price
08/29/25
Listing
$17,995,000
Condition Rating
Poor
The property was built in 1948, making it over 70 years old. The listing description explicitly states it represents a 'significant development opportunity' with the flexibility to 'renovate the existing structures or build a new residence.' This language strongly implies the current structures are not in good condition and require substantial repairs or rehabilitation. Without any interior images or details of recent renovations, it's highly probable that the kitchen, bathrooms, appliances, and major systems are severely outdated and in need of complete overhaul to meet modern standards, consistent with a 'poor' condition rating.
Pros & Cons

Pros

Prime Bel Air Location & Prestige: Situated in one of Los Angeles' most sought-after, gated Bel Air estates within the exclusive Bel Air - Holmby Hills area, offering unparalleled prestige and desirability.
Expansive Development Opportunity: Spanning nearly seven acres (293,748 sqft), this rare estate presents a significant development opportunity to build a new residence of exceptional scale or extensively renovate the existing structure.
Unobstructed Panoramic Views: Boasts breathtaking, unobstructed views of the surrounding canyons, city skyline, and diverse vistas including city lights, canyon, and trees/woods.
Exceptional Privacy & Serene Environment: Framed by lush, mature landscaping, rose gardens, and manicured lawns, the gated property creates a highly private and serene living environment.
Prominent Road Frontage: Features approximately 500 feet of prominent frontage along Bel Air Road, enhancing its visibility and access within this exclusive neighborhood.

Cons

Dated Existing Structure: Built in 1948, the existing 3,869 sqft residence is likely dated and requires substantial renovation or demolition to meet modern luxury standards expected for an estate of this caliber and price point.
Significant Additional Investment Required: Marketed primarily as a development opportunity, the purchase price does not reflect a move-in ready luxury home, implying a substantial additional investment for new construction or extensive remodeling.
Limited Immediate Livability: The current structure's age and relatively modest size for the expansive lot suggest it may not offer the immediate high-end living experience expected by buyers at this price point, necessitating significant future work.

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