1754 Mandeville Canyon Road, Los Angeles, California 90049, Los Angeles, - bed, bath

home-pic
ACTIVE$7,174,995
1754 Mandeville Canyon Road, Los Angeles, California 90049
5Beds
4Baths
3,598Sqft
27,138Lot
Year Built
1952
Close
-
List price
$7.17M
Original List price
$8M
Price/Sqft
-
HOA
$100
Days on market
-
Sold On
-
MLS number
25572489
Home ConditionPoor
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

BOM! First time on the market in 62 years, this mostly flat, .623 acre property is nestled on its own private drive off of lower Mandeville Canyon. Quiet and serene, the mature lush landscaping surrounds this traditional ranch home and creates a compound-worthy estate. Grandfathered setbacks offer incredible entitlements and the existing home allows easy financing for added construction. Renovate, rebuild, or add to this incredible property. With parking for multiple cars, and the land to expand, this property is ready to be built back into a dream estate. Updated survey is available upon request. Zoned for horses as well. Buyer to check specifics with city as to where a possible stable may be built. This is a rare opportunity for an owner / builder or developer. Easy to see existing vacant home.

Nearby schools

5/10
Brentwood Science School
Public,K-51.4mi
9/10
Franklin Elementary School
Public,PK-51.8mi
5/10
Brockton Avenue Elementary School
Public,K-52.2mi
7/10
Nora Sterry Elementary School
Public,K-52.9mi
9/10
Warner Avenue Elementary School
Public,K-53.3mi
9/10
Fairburn Avenue Elementary School
Public,K-53.5mi
9/10
Roscomare Road Elementary School
Public,K-54.1mi
8/10
Lanai Road Elementary School
Public,K-55.7mi
8/10
Lincoln Middle School
Public,6-82.6mi
6/10
Gaspar De Portola Middle School
Public,6-87.6mi
5/10
William Mulholland Middle School
Public,6-88.6mi
6/10
University Senior High School
Public,9-122.2mi
6/10
University Senior High School Charter
Public,9-122.3mi
8/10
Santa Monica High School
Public,9-123.8mi
6/10
Van Nuys Senior High School
Public,9-128.8mi

Price History

Date
Event
Price
11/04/25
Price Change
$7,174,995-0.3%
10/26/25
Price Change
$7,194,995-0.0%
10/17/25
Price Change
$7,195,000-6.5%
09/10/25
Price Change
$7,695,000-3.8%
07/31/25
$7,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (140 Listings)
Beds54
60%
Baths44
50%
Square foot3,5983,465
55%
Lot Size27,13813,000
82%
Price$7.17M$4.17M
77%
Price per square foot$1,994$1,314
92%
Built year19521960
31%
HOA$100
0%
Days on market98175
18%
Condition Rating
Poor

Built in 1952 and on the market for the first time in 62 years, this property clearly requires substantial repairs and rehabilitation. The interior images, particularly the kitchen, show extremely dated features including dark wood cabinetry, old tile countertops and backsplash, patterned flooring, and an older built-in oven. The living areas also feature outdated carpets, wallpaper, and dark wood trim. The listing description itself states the property is an opportunity to 'Renovate, rebuild, or add to' and that it 'requires significant renovation or a complete rebuild,' indicating it is far from move-in ready and would be very uncomfortable to live in its current state by modern standards. The property's value is heavily tied to its land and development potential, rather than the existing structure's condition.
Pros & Cons

Pros

Development Potential: The property offers significant development potential with grandfathered setbacks and entitlements, making it ideal for an owner/builder or developer to renovate, rebuild, or expand into a dream estate.
Expansive & Private Lot: A mostly flat, .623-acre lot nestled on its own private drive, surrounded by mature landscaping, provides exceptional privacy and the feel of a compound-worthy estate in a prime location.
Prime Location: Located in the highly desirable 'Lower Mandeville' area of Los Angeles (90049 Brentwood), offering prestige and access to a sought-after neighborhood.
Equestrian Zoning: The property is zoned for horses, presenting a unique and valuable amenity for equestrian enthusiasts, though specific stable placement requires buyer verification.
Rare Market Opportunity: Being offered for the first time in 62 years, this property represents a rare and exclusive opportunity for long-term investment or custom development.

Cons

Age and Condition of Existing Structure: Built in 1952, the existing traditional ranch home is likely dated and requires significant renovation or a complete rebuild, indicating it is not a turn-key property.
Overpriced Relative to Market Estimate: The current listing price is approximately 5% higher than the property's estimated value, which may present a challenge in attracting buyers seeking immediate equity or fair market value.
History of Price Reductions: Multiple price reductions from the original list price suggest market resistance and a potential overvaluation at initial listing, indicating a need for careful pricing strategy.

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