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. Seller open to discussing creative/alternative financing options.
Property Details
Property Features
Property Information:
Architectural Style: See Remarks
Stories: 0
Listing Office:
Office Name: Hilton & Hyland
Office Phone: (310) 278-3311
Listing Agent: David Kramer
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
View: City Lights
Lot Features
Lot Information:
Lot Size: 1.31 Acres
Other
Directions Information:
Directions: North on Doheny, Left on Swallow, Right on Marcheeta to end of cul-de-sac.
Price Information
Listing Price Info
Price Summary:
List Price: $9,995,000
HOA Fees:
Amount: $175
Frequency: Annually
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $8.9M 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: #24413639
Listing Office:
Office Name: Hilton & Hyland
Office Phone: (310) 278-3311
Listing Agent: David Kramer
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: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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
9
/10
Wonderland Avenue School
8510 Wonderland Ave
Distance between this listing and this school0.75 miles
Public District Grades KG-5
9
/10
West Hollywood Elementary
970 Hammond St
Distance between this listing and this school1.23 miles
Public District Grades KG-5
5
/10
Rosewood Avenue Elementary
503 N Croft Ave
Distance between this listing and this school1.99 miles
Public District Grades KG-5
Nearby Schools
6
/10
Laurel School
925 N Hayworth Ave
Distance between this listing and this school2.00 miles
Public District Grades KG-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school2.10 miles
Public District Grades KG-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school2.89 miles
Public District Grades KG-8
Nearby Schools
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school1.81 miles
Public Charter Grades KG-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school2.36 miles
Public District Grades 9-12
3
/10
Whitman Continuation
7795 Rosewood Ave
Distance between this listing and this school2.49 miles
The neighbors living near this home have an average income of $171,825. Most Los Angeles, CA residents have annual incomes $200k+. 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 1871 Marcheeta Pl
What is the listing price of this property?
The listing price of 1871 Marcheeta Pl property is $9,995,000.
What type of property is this?
The property 1871 Marcheeta Pl is a house located in Los Angeles, California, 90069.
Is this property for sale now?
Active Listing: 1871 Marcheeta Pl is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1871 Marcheeta Pl in Los Angeles, CA and zip code 90069 in the Central LA neighborhood. This home sits on a 1.31 acre lot. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $9,995,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
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. 
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