RealKey
‪(213) 433-7766‬

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$8,800,000
1871 Marcheeta Place, Los Angeles, California 90069
4Beds
4Baths
2,855Sqft
57,022Lot
Year Built
1964
Close
-
List price
$8.8M
Original List price
$8.8M
Price/Sqft
$3,082
HOA
-
Days on market
-
Sold On
-
MLS number
25605481
Home ConditionTear down
Features
Excellent View: City Lights, Mountain(s), Ocean
Pool
Patio
ViewCity Lights,Mountain(s),Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $8.80M(88th), sqft - 2855(43th), beds - 4(54th), baths - 4(50th).

A rare and extraordinary development offering on prestigious Marcheeta Place in the hills of Los Angeles. Perfectly positioned at the end of a serene cul de sac in prime Doheny Estates, this combined property spans nearly 1.5 acres across two contiguous parcels of flat, buildable land capturing sweeping city and canyon views. This site presents an unmatched opportunity for a developer or end user to design and construct a world class architectural compound of exceptional scale and presence. Surrounded by iconic estates and moments from the best of Beverly Hills and the Sunset Strip, the property delivers the ultimate setting for privacy and prestige. The parcels are also available individually, subject to a potential lot line readjustment or subdivision. A truly unique chance to create a legacy residence in one of Los Angeles's most desirable locations.

Price History

Date
Event
Price
10/24/25
Listing
$8,800,000
Condition Rating
Tear down
The listing explicitly markets this as a 'development offering' for constructing a new 'world-class architectural compound,' with the AI analysis mentioning 'demolition' as part of the required investment. The house was built in 1964 (over 50 years ago), and its value is clearly tied to the land and redevelopment potential, not the existing structure. The absence of kitchen and bathroom images, crucial for assessing a habitable home, further supports that the current structure is not considered a primary asset and is likely intended for demolition.
Pros & Cons

Pros

Exceptional Development Potential: A rare and extraordinary opportunity to design and construct a world-class architectural compound on nearly 1.5 acres of flat, buildable land.
Prime & Prestigious Location: Located on prestigious Marcheeta Place in prime Doheny Estates, surrounded by iconic estates and moments from Beverly Hills and the Sunset Strip.
Panoramic Views: Captures sweeping city, canyon, mountain, and ocean views, significantly enhancing the property's future value and appeal.
Expansive & Private Lot: Spans nearly 1.5 acres across two contiguous parcels, positioned at the end of a serene cul-de-sac, ensuring ultimate privacy and exclusivity.
Subdivision Flexibility: The property's two contiguous parcels offer potential for individual sale or subdivision, providing strategic flexibility for developers.

Cons

Significant Additional Investment: As a development offering, the purchase price is only the initial investment; substantial additional capital will be required for design, demolition, and construction of a new luxury compound.
Complex Development Process: Creating a 'world-class architectural compound' in this exclusive area will likely involve extensive planning, permitting, and specialized construction, adding time and complexity to the project.
High Barrier to Entry: The $8.8 million list price, combined with the anticipated high development costs, targets a very niche market of ultra-high-net-worth individuals or experienced luxury developers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state