837 Linda Flora Drive, Los Angeles, California 90049, Los Angeles, - bed, bath

ACTIVE$3,090,000
837 Linda Flora Drive, Los Angeles, California 90049
4Beds
4Baths
4,790Sqft
23,472Lot
Year Built
1978
Close
-
List price
$3.09M
Original List price
$3.59M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25000884
Home ConditionPoor
Features
Good View: Canyon, Mountain(s), Panoramic
Deck
ViewCanyon, Mountain(s), Panoramic
About this home
Nestled in the prestigious hills of Bel Air, this incredible property offers sweeping views of Los Angeles and Century City, presenting the perfect canvas for building a one-of-a-kind contemporary estate. Located on the Famous Linda Flora it offers views of The Getty and a Peak-a-boo ocean view from the deck. This development opportunity is situated on approximately 23,500 square feet of land, this property offers abundant space for both relaxation and entertainment. Currently, there is a partially completed 5,500 square feet structure on the property, offering a unique opportunity to finish the build according to different plans if desired. Don't miss the chance to create a masterpiece in one of Los Angeles' most desirable neighborhoods.
Price History
Date
Event
Price
05/08/23
Sold
$350,000
04/20/23
Sold
$2,533,000
07/10/18
Sold
$1,750,000
06/29/09
Sold
$770,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (141 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 4 | 4 | 50% |
| Square foot | 4,790 | 3,469 | 72% |
| Lot Size | 23,472 | 12,963 | 75% |
| Price | $3.09M | $4.16M | 26% |
| Price per square foot | $645 | $1,309 | 3% |
| Built year | 1978 | 9800981 | 71% |
| HOA | |||
| Days on market | 307 | 176 | 96% |
Condition Rating
Poor
The property, built in 1978, is currently a partially completed structure. The images show exposed framing and unfinished interiors, indicating substantial repairs and rehabilitation are required. The kitchen and bathroom conditions cannot be assessed due to the incomplete state. The property is not livable in its current state.
Pros & Cons
Pros
Prime Location: Located in the prestigious Bel Air neighborhood, offering exclusivity and desirability.
Development Opportunity: Presents a unique chance to customize and complete a partially built structure to specific preferences.
Sweeping Views: Offers panoramic views of Los Angeles, Century City, The Getty, and a peek-a-boo ocean view, enhancing the property's appeal.
Large Lot Size: Situated on approximately 23,500 square feet of land, providing ample space for outdoor living and potential expansion.
Existing Structure: The partially completed 5,500 square feet structure can be finished according to different plans, saving time and initial construction costs.
Cons
Partially Completed Structure: Requires significant investment and effort to complete the existing structure, potentially deterring some buyers.
Construction Zone: The property is essentially a construction site, which may not be appealing to buyers seeking a move-in ready home.
Original List Price Reduction: The price reduction from original list price may indicate challenges in attracting buyers at the initial valuation.

