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1871 Marcheeta Place, Los Angeles, California 90069, Los Angeles, 90069 - 4 bed, 4 bath

1871 Marcheeta Place, Los Angeles, California 90069 home-pic-0
ACTIVE$3,850,000
1871 Marcheeta Place, Los Angeles, California 90069
4Beds
4Baths
2,855Sqft
27,225Lot
Year Built
1964
Close
-
List price
$3.85M
Original List price
$3.85M
Price/Sqft
$1,349
HOA
-
Days on market
-
Sold On
-
MLS number
25605477
Home ConditionFair
Features
Good View: City Lights, Mountain(s), Ocean
Pool
Patio
ViewCity Lights,Mountain(s),Ocean

About this home

Great Deal:The estimated price is 6% above the list price. We found 3 Cons,5 Pros. Rank: price - $3.85M(52th), sqft - 2855(43th), beds - 4(54th), baths - 4(50th).

Exceptional opportunity on coveted Marcheeta Place in the hills of Los Angeles. Located in prime Doheny Estates at the end of a quiet cul de sac, this property offers incredible city and canyon views and represents a rare chance to reimagine or rebuild a world class residence. The existing home features four bedrooms, four bathrooms, and a pool, providing the option for immediate enjoyment or redevelopment into a modern estate. The sale is subject to a potential lot line readjustment or subdivision, as the property is currently part of a combined parcel that includes the adjacent lot, which is also being offered. This offering presents a unique opportunity to acquire one or both properties in one of the most prestigious and sought after neighborhoods in Los Angeles.

Price History

Date
Event
Price
10/24/25
Listing
$3,850,000
Condition Rating
Fair
Built in 1964, this property is aged but appears maintained and functional. The kitchen has received mid-range updates with gray shaker cabinets, white countertops, and stainless steel appliances, but the flooring is dated. Bathrooms feature basic updates like new vanities and simple showers, but some fixtures are outdated. Overall flooring is a mix of dated tiles and some newer wood-look material. While livable, the home requires significant modernization and renovation to meet contemporary luxury standards, as suggested by the listing's emphasis on 'reimagine or rebuild'.
Pros & Cons

Pros

Prime Location: Situated on coveted Marcheeta Place in the prestigious Doheny Estates, this property benefits from being in one of Los Angeles' most sought-after and exclusive neighborhoods, at the end of a quiet cul-de-sac.
Exceptional Views: The property boasts incredible panoramic city, canyon, mountain, and ocean views, which are highly desirable and significantly enhance its market value and appeal.
Significant Development Potential: This offering presents a rare opportunity to reimagine, rebuild, or potentially subdivide the parcel, allowing for the creation of a world-class residence or multiple properties, catering to high-end customization.
Large Private Lot: With a substantial lot size of 27,225 sqft, the property provides ample space for a grand estate, extensive landscaping, and enhanced privacy, a premium in this dense urban environment.
Existing Livable Home with Pool: The current 4-bedroom, 4-bathroom home with a pool offers immediate usability, providing flexibility for buyers to enjoy the property while planning future renovations or redevelopment.

Cons

Age of Structure: Built in 1964, the existing home is older and likely requires significant modernization, renovation, or a complete rebuild to meet contemporary luxury standards and buyer expectations in this high-value market.
Complex Transaction: The sale is subject to a potential lot line readjustment or subdivision, and it's part of a combined parcel, which could introduce complexities and extend the transaction timeline.
Substantial Capital Investment Required: The description emphasizes the opportunity to 'reimagine or rebuild,' indicating that significant additional financial investment beyond the purchase price will be necessary to realize the property's full potential as a world-class residence.

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