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1871 Marcheeta Place Los Angeles, CA 90069

56,998 Sqft lot
1.31 Acre lot
Status: Active
Property Type: Single Family Residence
Days on Website: 12

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

  • Levels: Two
  • 2 stories
  • Common walls: NoCommonWalls
  • None
  • Association fee: $175
  • SeeRemarks
  • ListingID: 24413639
  • Standard status: Active
  • 8 days on market
  • 1.3085 acres
  • 56,998 square feet
  • Size: 56,998
  • InGround
  • CityLights
  • None