Property Detail

1871 Marcheeta Place

Los Angeles CA 90069

$10,500,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of David Kramer of Hilton & Hyland. Last updated 2024-05-09 08:08:57.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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