1830 N Sierra Bonita Ave Los Angeles, CA 90046
Hollywood Hills West NeighborhoodEstimated payment $76,795/month
Highlights
- Ocean View
- Secluded Lot
- Fenced Yard
- 2.45 Acre Lot
- Wooded Lot
- 3-minute walk to Wattles Garden Park
About This Lot
Strategic investment opportunity in the heart of the Hollywood Hills. Offered for the first time in decades, this ultra-private, gated estate represents a rare chance to acquire one of the largest and last developable parcels in the core of the Hollywood Hills. Totaling approximately 2.5 acres of buildable flat and gently sloped land, the property combines location, scale, and historic pedigree making it a premier trophy asset. Fully executed architectural (Baumschlager Eberle/ SPF:a Studio Pali Fakete) plans available and a lot line adjustment nearly complete; dividing the lot into two parcels, lower and upper. Located just above Sunset Boulevard in the Hollywood Foothills, adjacent to Runyon Canyon and Wattles Park estate, offers protected greenbelt surroundings, panoramic 360-degree views, and seamless access to both central Hollywood and the Westside. This unique blend of privacy, views, and centrality is increasingly rare and virtually impossible to replicate under current zoning and topographical constraints. The estate includes a lot line adjustment with two parcels, each offering expansive city views and discreet access. Together, they present a compelling value-add opportunity to build a landmark luxury compound on one of L.A.'s largest contiguous residential lots, develop two premier view estates with exceptional resale potential, create an income-producing live/work artist retreat or creative campus, or establish a private family estate or trust-held generational asset with long-term appreciation potential. Originally built in 1923, the existing Andalusian-style structure totals approximately 5026 sf and was previously owned by screen legend Raymond Burr and later music executive Miles Copeland III. While the home may no longer meet modern standards, it provides an architectural footprint and historic narrative that may support rehabilitation tax incentives, or luxury adaptive reuse strategies. Two legal parcels offer flexibility for dual development. The property has an entitlement history that includes multiple historic permits for retaining walls, greenhouse structures, and auxiliary buildings. Inventory of large hillside development sites with flat pads and city/ocean views is virtually nonexistent. Exit strategies include custom resale, spec luxury homes, family compound, or long-term land banking. Structure: 8,697 sq ft (combined square footage of main house (5,026 +sq ft) and auxiliary structures - all tear-down or renovation candidates). Parcels: Approx. 1 acre + 1.5 acres = 2.5 buildable acres. Views: Downtown to the Pacific Ocean. Location: Above Franklin Ave, just north of Sunset Blvd. This is a strategic acquisition for investors seeking a secure foothold in one of Los Angeles' most iconic and supply-constrained enclaves. The property combines intrinsic land value, irreplaceable geography, and multiple monetization pathways. See the documents tab for proposed architectural plans. Tree report available upon request.
Property Details
Property Type
- Land
Est. Annual Taxes
- $64,142
Lot Details
- 2.45 Acre Lot
- Lot Dimensions are 329x324
- Fenced Yard
- Fenced
- Secluded Lot
- Wooded Lot
- Value in Land
- Tear Down
- Property is zoned LARE15
Parking
- Automatic Gate
Property Views
- Ocean
- Panoramic
- Skyline
- Views of a landmark
Utilities
- Sewer in Street
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5550-003-012
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $64,142 | $5,263,744 | $4,466,944 | $796,800 |
| 2023 | $62,894 | $5,160,534 | $4,379,357 | $781,177 |
| 2022 | $59,988 | $5,059,348 | $4,293,488 | $765,860 |
| 2021 | $59,270 | $4,960,146 | $4,209,302 | $750,844 |
| 2019 | $57,418 | $4,813,027 | $4,084,452 | $728,575 |
| 2018 | $57,211 | $4,718,655 | $4,004,365 | $714,290 |
| 2016 | $54,720 | $4,535,426 | $3,848,872 | $686,554 |
| 2015 | $53,914 | $4,467,301 | $3,791,059 | $676,242 |
| 2014 | $54,103 | $4,379,794 | $3,716,798 | $662,996 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $12,900,000 | +195.9% | -- |
| 08/23/2012 08/23/12 | Sold | $4,360,000 | +9.0% | $501 / Sq Ft |
| 08/07/2012 08/07/12 | Pending | -- | -- | -- |
| 07/19/2012 07/19/12 | For Sale | $3,999,000 | -- | $460 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $4,360,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,850,000 | Negative Amortization | |
| Previous Owner | $237,500 | Credit Line Revolving | |
| Previous Owner | $2,500,000 | Unknown | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $1,500,000 | Unknown | |
| Previous Owner | $1,240,000 | No Value Available | |
| Previous Owner | $1,220,000 | No Value Available |
Source: The MLS
MLS Number: 25559133
APN: 5550-003-012
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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