645 Walther Way, Los Angeles, California 90049, Los Angeles, - bed, bath
ACTIVE$4,149,000
645 Walther Way, Los Angeles, California 90049
4Beds
2Baths
1,842Sqft
9,202Lot
Year Built
1951
Close
-
List price
$4.15M
Original List price
$4.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25539973
Home ConditionPoor
Features
Good View: City Lights
Deck
Pool
Patio
ViewCity Lights
About this home
Don't miss this rare chance to remodel and live in a great neighborhood. Or build your dream home on a quiet cut-de-sac in one of Brentwood's most prestigious neighborhoods. Surrounded by iconic estates and celebrity homes, this property offers sweeping views and endless potential. With RTI plans already in place, you can immediately begin building a stunning 6,900 sqft estate featuring 4 bedrooms, 6 bathrooms, a gym, theater, elevator, Infiniti pool, and a roof top deck. All designed for luxury living.
Nearby schools
5/10
Brentwood Science School
Public,•K-5•1.4mi
9/10
Franklin Elementary School
Public,•PK-5•2.1mi
5/10
Brockton Avenue Elementary School
Public,•K-5•2.1mi
7/10
Nora Sterry Elementary School
Public,•K-5•2.7mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.8mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•3.1mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.6mi
8/10
Lanai Road Elementary School
Public,•K-5•5.5mi
8/10
Lincoln Middle School
Public,•6-8•2.8mi
6/10
Gaspar De Portola Middle School
Public,•6-8•7.5mi
5/10
William Mulholland Middle School
Public,•6-8•8.4mi
6/10
University Senior High School
Public,•9-12•2.1mi
6/10
University Senior High School Charter
Public,•9-12•2.1mi
8/10
Santa Monica High School
Public,•9-12•4.1mi
6/10
Van Nuys Senior High School
Public,•9-12•8.4mi
Price History
Date
Event
Price
05/03/21
Sold
$2,450,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (140 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 2 | 4 | 8% |
| Square foot | 1,842 | 3,463 | 5% |
| Lot Size | 9,202 | 12,925 | 31% |
| Price | $4.15M | $4.15M | 50% |
| Price per square foot | $2,252 | $1,314 | 96% |
| Built year | 1951 | 1960 | 31% |
| HOA | |||
| Days on market | 174 | 175 | 49% |
Condition Rating
Poor
The property was built in 1951 and requires substantial repairs and rehabilitation. The listing mentions remodeling or building a new home. The images show the current state of the house, including an outdated kitchen and bathrooms. Some images are renderings of the proposed new construction, which are not representative of the current condition.
Pros & Cons
Pros
Prestigious Location: Located in one of Brentwood's most prestigious neighborhoods, surrounded by iconic estates and celebrity homes, increasing desirability and potential value.
Sweeping Views: The property offers sweeping views, enhancing its appeal and providing a premium living experience.
Development Potential: Rare opportunity to remodel the existing structure or build a dream home, offering flexibility to buyers.
Ready-to-Issue (RTI) Plans: RTI plans are already in place for a 6,900 sqft estate, significantly reducing the time and effort required for new construction.
Luxury Amenities Potential: The approved plans include luxury amenities such as 4 bedrooms, 6 bathrooms, a gym, theater, elevator, infinity pool, and a rooftop deck, catering to high-end buyers.
Cons
Existing Structure Condition: The existing structure may require significant remodeling or demolition, adding to the overall project cost.
High Price Point: The list price of $4,149,000 may limit the pool of potential buyers, even considering the location and development potential.
Construction Required: Building a new home or extensively remodeling the existing one will involve a lengthy construction process, which may deter some buyers.