645 Walther Way, Los Angeles, California 90049, Los Angeles, - bed, bath
ACTIVE$3,760,000
645 Walther Way, Los Angeles, California 90049
4Beds
2Baths
1,842Sqft
9,202Lot
Year Built
1951
Close
-
List price
$3.76M
Original List price
$3.76M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25556225
Home ConditionPoor
Features
Good View: City Lights
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 culdesack 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 | 12,833 | 32% |
| Price | $3.76M | $4.15M | 41% |
| Price per square foot | $2,041 | $1,314 | 94% |
| Built year | 1951 | 1960 | 31% |
| HOA | |||
| Days on market | 135 | 174 | 30% |
Condition Rating
Poor
The property was built in 1951 and the images show an outdated interior. The listing suggests the property is suitable for remodeling or demolition. The images of the interior show outdated features, including flooring and bathroom fixtures. Therefore, the condition is poor.
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 home or build a new dream home, offering flexibility and customization options.
Ready-to-Issue 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, Infiniti pool, and a rooftop deck, catering to high-end buyers.
Cons
Renovation/Construction Required: Requires either significant remodeling of the existing structure or complete new construction, involving substantial investment and time.
High Price Point: The list price of $3.76 million may limit the pool of potential buyers.
Existing Home Size: The current home is 1842 sqft with 4 beds and 2 baths, which may not appeal to buyers looking for a move-in ready home of that size at this price point.