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634 Stone Canyon Road, Los Angeles, California 90077, Los Angeles, 90077 - 7 bed, 5 bath

634 Stone Canyon Road, Los Angeles, California 90077 home-pic-0
ACTIVE$21,500,000
634 Stone Canyon Road, Los Angeles, California 90077
7Beds
5Baths
7,106Sqft
94,037Lot
Year Built
1931
Close
-
List price
$21.5M
Original List price
$28M
Price/Sqft
$3,026
HOA
-
Days on market
-
Sold On
-
MLS number
21765752
Home ConditionPoor
Features
Good View: Park/Greenbelt
Pool
Patio
ViewPark/Greenbelt

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 2 Cons,3 Pros. Rank: price - $21.50M(94th), sqft - 7106(81th), beds - 7(91th), baths - 5(57th).

634 Stone Canyon Road. Lower Bel-Air. East Gate. 2 acres. One of the original large lots developed by Alphonzo Bell in the 1930s. Surrounded to the east and south by estates worth $100+ million. Rare Lower Bel-Air lot with elevation and an elevated pad. The legendary Hotel Bel-Air is a quiet 5 minute walk up Stone Canyon Road. The hidden Mediterranean villa was built in 1931. Guest house. Greenhouse. Pool. Disappearing driveway. And priceless privacy. Stone Canyon's seasonal creek softly descends through the front of the property. Previous owners include American architect John Elgin Woolf and Golden Hollywood producer Arthur Freed... For sale for the first time in 40 years. Offered at land value. Offered without plans or permits. The best development opportunity in Lower Bel-Air.

Nearby schools

9/10
Warner Avenue Elementary School
Public,•K-5•1.1mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.7mi
2/10
Van Nuys Middle School
Public,•6-8•5.9mi
6/10
University Senior High School
Public,•9-12•2.8mi
6/10
University Senior High School Charter
Public,•9-12•2.8mi
6/10
Van Nuys Senior High School
Public,•9-12•7.3mi
Condition Rating
Poor
The property was built in 1931 and is described as a 'hidden Mediterranean villa'. The listing states it's offered at land value, suggesting the existing structure requires substantial work. The images confirm this, showing outdated kitchens and bathrooms, and a general state of disrepair. While the property has potential, it needs significant repairs and rehabilitation to be livable.
Pros & Cons

Pros

Prime Location: Located in Lower Bel-Air, surrounded by high-value estates, offering a prestigious address and significant potential for appreciation.
Large Lot Size: The 2-acre lot provides ample space for development and customization, a rare find in this desirable area.
Development Opportunity: Offered at land value, presenting a unique opportunity for developers to create a custom estate in a prime location.

Cons

As-Is Condition: The property is being sold in as-is condition, potentially requiring significant investment for renovation or new construction.
Lack of Plans/Permits: Offered without plans or permits, adding time and expense to the development process.

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