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- LoopNet Team
901 Strada Vecchia Rd
Los Angeles, CA 90077
Bel Air Site Development Opportunity · Land For Sale
·
1.89 AC
INVESTMENT HIGHLIGHTS
- Bel Air Site Development Opportunity
- Clean and ready for development
- Located in one of the world’s most prestigious residential locations
- Retaining walls and most of the site work are in place
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 1.89 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Zoning | LARE20 - Commercial | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.89 AC |
| No. Stories | 1 |
| Zoning | LARE20 - Commercial |
DESCRIPTION
This site is located in the heart of the famed Bel Air neighborhood of Los Angeles. This area is internationally renowned and is one of the world’s most prestigious residential locations. Bel Air is home to many celebrities and is synonymous with wealth and glamour. The site is near the exclusive Bel Air Hotel. Development sites in Bel Air are scarce. This one is especially attractive site as it is entitled, by right, for a new home sized up to 15,000 square feet. The lot has both city and ocean views, is gated, and has its own private driveway. A storied property, recently a developer constructed a 25,000+ square foot residence which greatly exceeded the entitlements.
