672 Walther Way, Los Angeles, California 90049, Los Angeles, - bed, bath
ACTIVE$5,650,000
672 Walther Way, Los Angeles, California 90049
4Beds
3Baths
Sqft
16,332Lot
Year Built
1949
Close
-
List price
$5.65M
Original List price
$5.65M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25502539
Home ConditionFair
Features
Good View: City Lights, Canyon
Pool
Patio
ViewCity Lights,Canyon
About this home
Attention builders and investors. RTI development opportunity with approved plans and permits located on the quiet cul-de-sac of Walther Way in Brentwood. This is an amazing opportunity to build an over 12,000 square foot modern sanctuary on an over 16,000 square foot lot. You can remodel and reimagine the current footprint of the house or build new. With this expansive lot comes a pool and ultimate privacy. The current home has 4 bedrooms and 3 bathrooms with a wonderful bonus room that overlooks the pool. The RTI Plans call for 5 bedrooms, 7 bathrooms, gym, theater, elevator, expansive grassy area, pool and the possibility for a sports court.
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•2.9mi
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
06/23/21
Sold
$4,800,000
05/28/19
Sold
$3,800,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (140 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 3 | 4 | 31% |
| Square foot | 0 | 3,465 | |
| Lot Size | 16,332 | 12,925 | 58% |
| Price | $5.65M | $4.17M | 68% |
| Price per square foot | $0 | $1,304 | |
| Built year | 1949 | 1960 | 24% |
| HOA | |||
| Days on market | 254 | 177 | 87% |
Condition Rating
Fair
The property was built in 1949 and appears to have had some updates, but the kitchen and bathrooms show their age. While functional, they are not modern and would benefit from renovation. The description mentions the possibility to remodel or build new, suggesting the current state is not ideal. Therefore, a 'fair' rating is appropriate.
Pros & Cons
Pros
Development Opportunity: Approved plans and permits (RTI) are in place for a substantial modern home, streamlining the building process.
Large Lot Size: The property boasts an expansive 16,000+ sq ft lot, offering ample space for a large home, pool, and potentially a sports court.
Prime Location: Located on a quiet cul-de-sac in Brentwood, a highly desirable and affluent area of Los Angeles.
Cons
Price Point: The list price of $5.65 million may limit the pool of potential buyers to high-end investors and developers.
Construction Required: Requires either a full remodel or new construction, adding significant time and expense to realize the property's full potential.