1341 Linda Flora Drive, Los Angeles, California 90049, Los Angeles, 90049 - 9 bed, 13 bath
ACTIVE UNDER CONTRACT$31,500,000
1341 Linda Flora Drive, Los Angeles, California 90049
9Beds
13Baths
Sqft
23,437Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unrivaled Panoramic Views: The property boasts one of the best views in Los Angeles, offering uninterrupted panoramic ocean, city, downtown LA, and canyon vistas, a highly coveted and value-driving feature.
Top Cons:
Incomplete Construction / 'As-Is' Sale: The property is being sold 'in course of construction, AS IS,' requiring the buyer to assume full responsibility and cost for completing the project.
Compared to the nearby listings
Price:$31.50M vs avg $3.95M (+$27,550,000)99%
Size: sqft vs avg 3,284 sqft1%
Price/sqft:$0 vs avg $1.3K1%
More Insights
Built in 1962 (63 years old).
Condition: The property is explicitly described as 'new construction masterpiece under construction' and being sold 'AS IS'. This means it is not currently habitable and requires substantial completion of construction, including all major systems, finishes, kitchen, and bathrooms. While it is intended to be an 'excellent' property upon completion, its current state aligns with the 'poor' category as it is unlivable and requires significant rehabilitation to reach a finished state.
Year Built
1962
Close
-
List price
$31.5M
Original List price
$31.5M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25538269
Home ConditionPoor
Features
Excellent View: Panoramic
Deck
Pool
Spa
Patio
ViewPanoramic
About this home
This new construction masterpiece under construction blends exceptional design with refined comfort with modern touches throughout. One of the best views in all of Los Angeles with uninterrupted panoramic ocean, city, downtown LA and canyon views. Property being sold in course of construction, "AS IS". Once completed, the finished Estate will be closer to $52,000,000
Price History
Date
Event
Price
03/14/17
Sold
$3,000,000
09/03/15
Sold
$1,510,000
Condition Rating
Poor
The property is explicitly described as 'new construction masterpiece under construction' and being sold 'AS IS'. This means it is not currently habitable and requires substantial completion of construction, including all major systems, finishes, kitchen, and bathrooms. While it is intended to be an 'excellent' property upon completion, its current state aligns with the 'poor' category as it is unlivable and requires significant rehabilitation to reach a finished state.
Pros & Cons
Pros
Unrivaled Panoramic Views: The property boasts one of the best views in Los Angeles, offering uninterrupted panoramic ocean, city, downtown LA, and canyon vistas, a highly coveted and value-driving feature.
New Construction Masterpiece: Described as a 'new construction masterpiece under construction,' it promises exceptional design, refined comfort, and modern touches, appealing to buyers seeking a contemporary luxury estate.
Prestigious Bel Air Location: Situated on Linda Flora Drive in the exclusive Bel Air - Holmby Hills area (90049), this address signifies a prime, highly desirable, and affluent neighborhood.
Grand Scale and Luxury Potential: With 9 bedrooms, 13 bathrooms, and a substantial lot size (23,437 sq ft), the completed estate is designed for grand living and extensive luxury amenities.
Significant Future Value Proposition: The projected completed value of closer to $52,000,000 offers a substantial upside for a buyer willing to invest in completing the project from its current $31,500,000 list price.
Cons
Incomplete Construction / 'As-Is' Sale: The property is being sold 'in course of construction, AS IS,' requiring the buyer to assume full responsibility and cost for completing the project.
Substantial Additional Investment Required: The difference between the current list price and the projected completed value (approximately $20.5M+) indicates a significant additional capital outlay and project management for the buyer.
Limited Buyer Pool: The 'as-is' construction status, ultra-luxury price point, and required completion investment significantly narrow the potential buyer pool to highly specialized, ultra-high-net-worth individuals or developers.