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2721 Jalmia Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 4 bath

2721 Jalmia Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$2,499,000
2721 Jalmia Drive, Los Angeles, California 90046
4Beds
4Baths
2,900Sqft
29,878Lot
Year Built
1949
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$862
HOA
-
Days on market
-
Sold On
-
MLS number
SB25124981
Home ConditionTear down
Features
Good View: Trees/Woods
Deck
Pool
Patio
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $2.50M(60th), sqft - 2900(68th), beds - 4(67th), baths - 4(64th).

This 2/3-acre vacant lot offers a rare opportunity to build a private, luxury retreat in the Hollywood Hills, surrounded by nature yet minutes from Hollywood and the Sunset Strip. Plans in progress include a new modern home, pool house/ADU, gym, and subterranean parking structure. Ideal for creatives seeking seclusion, the lot features a gated driveway, mature trees, and a tranquil stream. The expansive grounds provide space for outdoor living, a pool, and garden areas, making it perfect for those looking to design a custom estate. Neighbors can also seize the opportunity to control the surrounding land for privacy or expansion. With its unique combination of nature and proximity to the city, this lot offers a rare chance to create a modern sanctuary in one of LA’s most desirable neighborhoods.

Nearby schools

8/10
Valley View Elementary School
Public,•K-6•1.0mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.2mi
7/10
Gardner Street Elementary School
Public,•K-6•1.4mi
7/10
Rio Vista Elementary School
Public,•K-5•2.0mi
9/10
West Hollywood Elementary School
Public,•K-5•2.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.6mi
6/10
Walter Reed Middle School
Public,•6-8•2.7mi
8/10
Hawthorne Elementary School
Public,•K-8•3.8mi
6/10
Hollywood Senior High School
Public,•9-12•1.9mi
7/10
Fairfax Senior High School
Public,•9-12•2.5mi
8/10
North Hollywood Senior High School
Public,•9-12•3.6mi
9/10
Beverly Hills High School
Public,•9-12•4.9mi
6/10
University Senior High School Charter
Public,•9-12•7.7mi
6/10
University Senior High School
Public,•9-12•7.7mi

Price History

Date
Event
Price
06/04/25
Listing
$2,499,000
07/24/17
Sold
$3,243,000
06/03/11
Sold
$2,500,025
05/25/07
Sold
$2,399,000
Condition Rating
Tear down
The MLS description explicitly states this is a 'vacant lot' for new construction, despite the 1949 build year and visible dilapidated structures in the images. The property's value is clearly based on the land and its potential for redevelopment, aligning perfectly with the 'tear-down' criteria that the structure is beyond repair and requires demolition for new development.
Pros & Cons

Pros

Prime Location: Highly desirable Hollywood Hills West location, offering both natural seclusion and immediate proximity to Hollywood and the Sunset Strip, appealing to a luxury market.
Significant Lot Size & Privacy: A rare 2/3-acre (29,878 sqft) vacant lot providing ample space for a luxury estate, enhanced by mature trees, a tranquil stream, and a gated driveway for ultimate privacy.
Exceptional Development Potential: Offers a blank canvas for a custom-designed modern sanctuary, with 'plans in progress' for a new home, pool house/ADU, gym, and subterranean parking, appealing to discerning buyers.
Unique Lifestyle Opportunity: Catapults to those seeking a private, luxury retreat amidst nature, ideal for creatives or individuals desiring a custom estate with extensive outdoor living possibilities.
Strategic Investment for Expansion/Control: Presents a unique opportunity for adjacent property owners to acquire additional land for expansion, enhanced privacy, or control over surrounding development.

Cons

Vacant Lot - Requires Full Construction: Despite listed beds/baths/sqft, this is a vacant lot, meaning the buyer must undertake and finance the entire construction of a new home, which is a significant undertaking beyond the land purchase.
Substantial Additional Investment & Time: The purchase price is for the land only; buyers must budget for considerable construction costs, architectural fees, and a lengthy timeline for permitting and building a luxury estate.
Permitting & Development Complexity: Building a custom luxury home in the Hollywood Hills can involve complex permitting processes, potential environmental reviews, and adherence to strict local building codes, which can be challenging and time-consuming.

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