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Build the Next Chapter in Bel Air: A Rare Fixer with Legendary Roots
🏗️ Bel Air–Beverly Crest Development Opportunity
Located along the prestigious Mulholland corridor in the Bel Air real estate market, this property presents a compelling redevelopment opportunity in one of Los Angeles’ most supply-constrained hillside areas.
The property sits on a prominent hillside lot, offering expansive views of the city and canyon. It features a new roof, a solid structure, and a sturdy foundation, allowing for significant renovations or full redevelopment. The existing residence, originally built by a legendary American singer-songwriter, adds historic character but is primarily being marketed for its land value and redevelopment potential.
Offered at $10,000,000, this asset is ideal for developers or end-users looking to create a custom luxury residence in a neighborhood known for properties exceeding $15 million, with the potential for luxury condominiums as well. The seller is providing competitive compensation for cooperating buyer’s brokers at the asking price. Bring your architect, your vision, and your offer.
