$9,995,000 - 1871 Marcheeta Place, Los Angeles, CA 90069
1871 Marcheeta Place
Los Angeles,
CA
90069
1871 Marcheeta Place Los Angeles, CA 90069
56,998
Sqft lot
1.31
Acre lot
$9,995,000
Est. $36,804 / mo.*
Status:
Active
Property Type:
Single Family Residence
Days on Website:
135
Property listed by Hilton & Hyland, David Kramer
Description
This sprawling blue-chip site of approximately 1.3 acres is mostly flat and positioned at the end of a quiet cul-de-sac in the coveted Doheny Estates. Rarely do land opportunities with this amount of flat area become available, especially in such an exclusive, world-class location. The massive site was previously two parcels thereby giving a buyer flexibility to explore untying the property back to two parcels to develop two homes, or build on the current parcel. There is a home on the property which could serve as a rental to defray carry costs while a buyer obtains entitlements and permits. Truly a unique, one-of-a-kind opportunity in an A+ location, perfect for either an end-user or developer to create Los Angeles' next showcase estate. Red boundary lines are approximations and may not reflect precise property lines. Seller open to discussing creative/alternative financing options.
Open House
Property Details and Features
Building
- Levels: Two
- 2 stories
- Architectural style: SeeRemarks
- Common walls: NoCommonWalls
Fireplaces
- None
Home Owner's Association
- Association fee: $175
Laundry
- SeeRemarks
Listing
- ListingID: 24413639
- Standard status: Active
- 89 days on market
Lot
- 1.3085 acres
- 56,998 square feet
- Size: 56,998
Pool
- InGround
Property
- CityLights
Spa
- None