1871 Marcheeta Place Los Angeles, CA ^$ 10,500,000

1871 Marcheeta Place

^$ 10,500,000

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1871 Marcheeta Place

Los Angeles, CA, 90069

^$ 10,500,000

Studio Baths0.0

Monthly Estimate*

^$ 73,346

1871 Marcheeta Place, Los Angeles, CA 90069 - Image 1

1871 Marcheeta Place, Los Angeles, CA 90069 - Image 2

1871 Marcheeta Place, Los Angeles, CA 90069 - Image 3

Studio

Single Family Home for sale in Los Angeles, CA

for $10,500,000. The lot size is 1.31.

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.

Single Family Active

Price

^$ 10,500,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 0

Style

Single Family Residence

Lot Size

1.31

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024345111

Features

General

Cooling See Remarks

HOA 175.0

3/4 Baths 0

Full Baths 0

Half Baths 0

View City Lights

Levels Two

Property SubType Single Family Residence

County Los Angeles

New Construction No

Property Type A

HOA / Comm Assn Yes

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

View Y/N Yes

Senior Community Y/N No

MLS Area C03 - Sunset Strip - Hollywood Hills West

Lot Size Square Feet 56998.0

Street Name Marcheeta Place

Spa Features In Ground

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Lot Size Area 56998.0

Spa No

Pool Y/N? Yes

Lot Size Acres 1.31

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Common Walls No Common Walls

Fireplace Y/N No

Total Bathrooms 0.0

Laundry Features None

Total Baths 0

Total Bedrooms 0

* Excluded Features

List By

David Kramer

Listing Agent

Hilton & Hyland

Broker

Affordability Calculator

$73,346

Per Month

Monthly Principal & Interest: $73,346
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Los Angeles, CA

Average List Price ^$4,015,301

Percent of Sale Price 62%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2024	$10,500,000		Listed Price

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1871 Marcheeta Place, Los Angeles, CA, 90069 is a Single Family Home for sale at $10,500,000 with a lot size of 1.31. 1871 Marcheeta Place is a studio with 0.0 baths. The property's zip code is 90069 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1871 Marcheeta Place

Single Family Home for sale in Los Angeles, CA

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