13511 Mulholland Drive, None, California 90210, , 90210 - 4 bed, 5 bath

13511 Mulholland Drive, None, California 90210 home-pic-0
ACTIVE$2,750,000
13511 Mulholland Drive, None, California 90210
4Beds
5Baths
2,905Sqft
1,359,715Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1359715, living area = 2905.
Top Cons:
Significant Price Discrepancy: Current list price of $2.75M is substantially lower than its 2016 sale price of $6M, suggesting potential underlying issues, market shifts, or a highly motivated seller.

Compared to the nearby listings

Price:$2.75M vs avg $5.25M ($-2,500,000)23%
Size:2,905 sqft vs avg 3,925 sqft26%
Price/sqft:$947 vs avg $1.2K27%

More Insights

Built in 1953 (72 years old).
Condition: The property was built in 1953, making it over 70 years old. The listing description and property analysis explicitly state that the existing 'ranch-style home' is 'dated' and 'may require extensive renovation or demolition.' The focus of the listing is entirely on the 32 acres of land as a 'canvas for development' and 'land banking opportunity,' rather than the existing structure. The complete absence of interior images of the current home strongly suggests its condition is not a selling point and is likely unlivable or beyond economical repair, aligning with the criteria for a tear-down where the value is based solely on the land.
Year Built
1953
Close
-
List price
$2.75M
Original List price
$2.75M
Price/Sqft
$947
HOA
-
Days on market
-
Sold On
-
MLS number
25566329
Home ConditionTear down
Features
Excellent View: City Lights, Canyon, Hills
ViewCity Lights,Canyon,Hills

About this home

A truly rare opportunity awaits atop the iconic Mulholland Scenic Parkway and Corridor: nearly 32 secluded acres comprised of eight contiguous parcels. This extraordinary canvas for development features a ranch-style home with all required connected city utilities on a tree-shaded plateau above a sprawling canyon stretching into the valley below, offering dramatic scale and sweeping views. Accessed via private road beyond a secure gate, the property blends privacy, nature, and serenity with tremendous width and depth extending as far as the eye can see. Five separate access points and multiple street addresses provide unparalleled flexibility for visionary development, whether imagined as one grand private estate, a collection of bespoke homes or significant land banking opportunity. In a neighborhood of California's most valuable residences where parcels are measured in fractions of this size, finding acreage of this magnitude represents a once-in-a-generation opportunity. The property's scale, location straddling the best of Westside and Valley, and creative potential make this an unparalleled development canvas in one of Los Angeles' most exclusive settings.

Price History

Date
Event
Price
11/14/16
Sold
$6,000,000
Condition Rating
Tear down

The property was built in 1953, making it over 70 years old. The listing description and property analysis explicitly state that the existing 'ranch-style home' is 'dated' and 'may require extensive renovation or demolition.' The focus of the listing is entirely on the 32 acres of land as a 'canvas for development' and 'land banking opportunity,' rather than the existing structure. The complete absence of interior images of the current home strongly suggests its condition is not a selling point and is likely unlivable or beyond economical repair, aligning with the criteria for a tear-down where the value is based solely on the land.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1359715, living area = 2905.
Massive Development Canvas: Nearly 32 secluded acres across eight contiguous parcels offer unparalleled flexibility for a grand estate, multiple bespoke homes, or significant land banking.
Iconic & Prestigious Location: Situated on Mulholland Drive in the highly coveted 90210 zip code, within a neighborhood of California's most valuable residences.
Exceptional Privacy & Seclusion: Accessed via a private road and secure gate, the property provides ultimate privacy, blending nature and serenity.
Sweeping Panoramic Views: Offers dramatic scale and sweeping views of city lights, canyons, and hills, enhancing its luxury appeal.
Existing Infrastructure & Utilities: Features an existing ranch-style home with all required connected city utilities, significantly reducing initial development hurdles.

Cons

Significant Price Discrepancy: Current list price of $2.75M is substantially lower than its 2016 sale price of $6M, suggesting potential underlying issues, market shifts, or a highly motivated seller.
Dated Existing Structure: The 1953-built ranch-style home, while having utilities, is likely dated and may require extensive renovation or demolition, adding to overall development costs.
Complex Development Process: Large-scale development of 32 acres across multiple parcels in a prime, potentially sensitive area will entail significant regulatory, zoning, and environmental challenges, requiring substantial time and capital investment.

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