Set on one of the last promontories available in prime Bel Air Road and surrounded by $50M-$100M estates, this investment is a once-in-a-lifetime opportunity that offers the most explosive views in the city. Front row with plans from world-renowned SAOTA Architecture to build a 16,000 SF organic modern masterpiece that will be worth well over $80M when complete. Situated at the 50 yard line of Bel-Air and Beverly Hills, just minutes from Hotel Bel-Air and the best dining, entertainment & shopping that Los Angeles has to offer.
Property Details
Property Features
Property Information:
Architectural Style: Modern
Stories: 2
Living Area: 16,000 SqFt
Listing Office:
Office Name: The Beverly Hills Estates
Office Phone: (310) 626-4248
Listing Agent: Branden Williams
Interior Features
Interior Information:
Interior: Wine Cellar
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: Yes
View: City Lights, Canyon
Parking Information:
Parking: Garage
Lot Features
Lot Information:
Lot Size: 1.00 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Sunset to Bel Air Road.
Price Information
Listing Price Info
Price Summary:
List Price: $16,495,000
Price Per SqFt: $1,031/SqFt
Tax Information:
Annual Amount: $149,234
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $15.4M more than the Median Sold Price and $390/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24444791
Listing Office:
Office Name: The Beverly Hills Estates
Office Phone: (310) 626-4248
Listing Agent: Branden Williams
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: 11/21/2024, 3:20:58 PM 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
Dec 13, 2019
Dec 13, 2019Home Sold
$12,500,000
Oct 04, 2018
Oct 04, 2018Home Sold
$10,100,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$149,234
$12,629,500
2020
$119,341
$12,500,000
2019
$6,973
$10,100,000
2018
$6,832
$538,459
2017
$6,832
$527,902
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
9
/10
Community Magnet Charter Elementary School
11301 Bellagio Rd
Distance between this listing and this school1.39 miles
Public Charter Grades KG-5
8
/10
Warner Avenue Elementary
615 Holmby Ave
Distance between this listing and this school1.49 miles
Public District Grades KG-5
9
/10
Fairburn Avenue Elementary School
1403 Fairburn Ave
Distance between this listing and this school2.24 miles
Public District Grades KG-5
Nearby Schools
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school2.25 miles
Public District Grades KG-8
6
/10
Emerson Community Charter
1650 Selby Ave
Distance between this listing and this school2.54 miles
Public Charter Grades 6-8
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school3.23 miles
Public District Grades KG-8
Nearby Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school2.58 miles
Public District Grades 9-12
6
/10
University High School Charter
11800 Texas Ave
Distance between this listing and this school3.33 miles
Public Charter Grades 9-12
7
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school3.90 miles
The neighbors living near this home have an average income of $283,281. Residents of Los Angeles, CA typically earn $200k+ each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 948 Bel Air Rd
What is the listing price of this property?
The listing price of 948 Bel Air Rd property is $16,495,000.
What type of property is this?
The property 948 Bel Air Rd is a house located in Los Angeles, California, 90077.
Is this property for sale now?
Active Listing: 948 Bel Air Rd 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 $149,234 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 13, 2019 for $12,500,000. (source: MLS/tax record).
What is the square footage of this property?
The property 948 Bel Air Rd is 16,000 SqFt (source: MLS/tax record).
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This home is located at 948 Bel Air Rd in Los Angeles, CA and zip code 90077 in the Bel-Air neighborhood. This 16,000 square foot home sits on a 1.00 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $16,495,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. 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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