$4,495,000
$500K PRICE DROP

Estimated payment $27,360/month

Total Views 4,632
0.97 Acre
$4,634,021 Price per Acre
42,253 Sq Ft Lot

About This Lot

An incredible and rare opportunity to create your dream home in the heart of the Hollywood Hills. This rare, nearly 1-acre promontory lot in prestigious Outpost Estates is shovel-ready with RTI (Ready to Issue) permits for a stunning 9,300 sq. ft. gated contemporary estate. This property has a large, flat lot with incredible views from Downtown Los Angeles to the ocean, offering endless possibilities. Designed with privacy and luxury in mind, this estate showcases organic finishes and features a secure gated entrance, a long private driveway, and a spacious 3-car garage. A stylish ADU offers comfortable accommodations for guests or staff, while the expansive backyard highlights a stunning pool with breathtaking city light views. Whether you're an end-user looking to build your forever home or a developer seeking a high-end project, this property delivers unparalleled potential in one of Los Angeles' most sought-after locations.Conceptual schematics and renderings are available to help bring this vision to life.

Listing Agent

Weston Littlefield

Christie's International Real Estate SoCal License #02053581 Listed on: 02/28/2025

Christie's International Real Estate SoCal

Co-Listing Agent

Alexander Howe

Christie's International Real Estate SoCal License #01956080

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42,063

Lot Details

  • 0.97 Acre Lot
  • Property is zoned LARE11

Property Views

  • Ocean
  • City Lights

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5549-016-038

Property Details

Property Type

Land

Est. Annual Taxes

$42,063

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.9700
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5549-016-038
  • Lot Size Area: 42253

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $42,063 $3,595,500 $3,321,222 $274,278
2024 $42,063 $3,433,320 $2,403,324 $1,029,996
2023 $41,249 $3,366,000 $2,356,200 $1,009,800
2022 $13,547 $1,085,219 $756,012 $329,207
2021 $13,376 $1,063,941 $741,189 $322,752
2019 $12,925 $1,032,386 $719,206 $313,180
2018 $12,693 $1,012,144 $705,104 $307,040
2016 $12,101 $972,843 $677,725 $295,118
2015 $11,929 $958,231 $667,545 $290,686
2014 $11,988 $939,461 $654,469 $284,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $4,495,000 -10.0% --
02/28/2025 02/28/25 For Sale $4,995,000 +41.7% --
04/01/2024 04/01/24 Sold $3,525,000 -11.8% $378 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $3,995,000 +21.1% $428 / Sq Ft
01/02/2022 01/02/22 Sold $3,300,000 -15.3% $1,070 / Sq Ft
07/27/2021 07/27/21 Price Changed $3,895,000 0.0% $1,263 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $3,895,000 -- $1,263 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,525,000 Fidelity National Title
Grant Deed $3,300,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Company Of Calif
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,921,500 Commercial
Previous Owner $1,030,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $650,000 New Conventional
Previous Owner $218,100 Credit Line Revolving
Source: Public Records

Source: The MLS

MLS Number: 25503581

The MLS

APN: 5549-016-038