This exceptional development opportunity in the exclusive Sunset Plaza neighborhood offers a rare chance to create a sophisticated modern masterpiece. Fully approved and nearing RTI (Ready to Issue) permits, the project features meticulously designed plans for a 3,200 sq ft luxury residence with 5 bedrooms, 6 bathrooms, and unparalleled amenities. Highlights include a stunning rooftop pool with 180-degree views of the Los Angeles skyline, a state-of-the-art wine cellar for collectors, and a private movie theater for elevated entertainment. Perched in the serene Hollywood Hills, this property delivers the perfect balance of privacy and convenience, surrounded by lush greenery and sweeping city views while being just minutes from the iconic Sunset Strip. Enjoy immediate access to world-class dining, shopping, and entertainment in one of Los Angeles’ most sought-after locations. With every detail thoughtfully planned and ready for execution, this fully build-ready project is ideal for developers, investors, or end users seeking to bring a visionary home to life.
Property Details
Property Features
Listing Office:
Office Name: Revel Real Estate
Office Email: mikeonyemaobi@gmail.com
Listing Agent: Michael Onyemaobi
Exterior Features
Exterior Information:
View: City Lights, Other, Hills, Ocean
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Other
Directions Information:
Directions: North of Sunset blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $1,495,000
Tax Information:
Annual Amount: $3,406
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $473.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SW24250851
Listing Office:
Office Name: Revel Real Estate
Office Email: mikeonyemaobi@gmail.com
Listing Agent: Michael Onyemaobi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 17, 2005
Mar 17, 2005Home Sold
$200,000
Nov 17, 1995
Nov 17, 1995Home Sold
$175,000
Nov 17, 1995
Nov 17, 1995Home Sold
$175,000
Apr 17, 1990
Apr 17, 1990Home Sold
$280,000
Nov 16, 1988
Nov 16, 1988Home Sold
$59,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,406
$286,683
2020
$3,302
$283,744
2019
$3,299
$278,181
2018
$3,228
$272,727
2017
$3,228
$267,380
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Gardner Street Elementary
7450 Hawthorn Ave
Distance between this listing and this school1.02 miles
Public District Grades PK-5
9
/10
Wonderland Avenue School
8510 Wonderland Ave
Distance between this listing and this school1.15 miles
Public District Grades KG-5
9
/10
West Hollywood Elementary
970 Hammond St
Distance between this listing and this school1.24 miles
Public District Grades KG-5
Nearby Schools
6
/10
Laurel School
925 N Hayworth Ave
Distance between this listing and this school0.93 miles
Public District Grades KG-8
4
/10
Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school2.07 miles
Public District Grades 6-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school2.42 miles
Public District Grades KG-8
Nearby Schools
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school0.63 miles
Public Charter Grades KG-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school1.30 miles
Public District Grades 9-12
3
/10
Whitman Continuation
7795 Rosewood Ave
Distance between this listing and this school1.46 miles
The neighbors living near this home have an average income of $93,864. Residents of Los Angeles, CA typically earn $200k+ each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1501 Marlay Dr
What is the listing price of this property?
The listing price of 1501 Marlay Dr property is $1,495,000.
What type of property is this?
The property 1501 Marlay Dr is land located in Los Angeles, California, 90069.
Is this property for sale now?
Active Listing: 1501 Marlay Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,406 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 17, 2005 for $200,000. (source: MLS/tax record).
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This home is located at 1501 Marlay Dr in Los Angeles, CA and zip code 90069 in the Central LA neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,495,000.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Tennis
Tennis
Skiing/snowboarding
Brooks Brothers
Nordstrom
Bloomingdales
Qdoba
California Pizza Kitchen
Bonefish Grill
Acura
BMW
Lexus
Sports
Talk/Personality
News