4 months on rocket

1871 Marcheeta Pl, Los Angeles, CA, 90069

$10,500,000

0 Baths
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
FireplaceNone
ViewCity Lights
MLS #24345111
Lot Size1.31 Acres
StatusActive

About 1871 Marcheeta Pl

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • 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

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Hollywood Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hubert Howe Bancroft Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • West Hollywood Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

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: $10,500,000

HOA Fees:

  • Amount: $175
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$995.9K

Med. Price/SqFt

$635

Avg. Days On Market

33

# of Sold Homes

1589

1871 Marcheeta Pl vs Los Angeles

142 DAYS ON ROCKET

+109 Days

$10,500,000

+$9.5M More

KEY TAKEAWAY

This property is $9.5M 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: #24345111

Listing Office:

  • Office Name: Hilton & Hyland
  • Office Phone: (310) 278-3311
  • Listing Agent: David Kramer

IDX 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: 6/1/2024, 9:20:37 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.

Payment Calculator

$52.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$31.5K

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NMLS#3030

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.

Elementary School

school-card-donut-6689477
9
/10
  • West Hollywood Elementary School

  • 970 Hammond St

  • 1.23 miles

  • Public District Grades KG-6

school-card-donut-6689478
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.95 miles

  • Public Magnet Grades KG-6

school-card-donut-6689479
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 15.65 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6689480
4
/10
  • Hubert Howe Bancroft Middle School

  • 929 N Las Palmas Ave

  • 3.22 miles

  • Public Magnet Grades 6-8

school-card-donut-6689481
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.73 miles

  • Public District Grades 6-8

High School

school-card-donut-6689482
7
/10
  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 2.34 miles

  • Public Magnet Grades 9-12

school-card-donut-6689483
6
/10
  • Hollywood Senior High School

  • 1521 N Highland Ave

  • 2.86 miles

  • Public Magnet Grades 9-12

school-card-donut-6689484
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 8.69 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $171,825. The majority of Los Angeles, CA residents have income $200k+ annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 $10,500,000.

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.

What are the assigned schools for this property?

The assigned schools for 1871 Marcheeta Pl are:
West Hollywood Elementary School: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 7/10
Hollywood Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900691871 Marcheeta Pl

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 January 11, 2024 and is currently priced at $10,500,000.

Los Angeles, CA housing market in May 2024 saw over 766 listings sold above listed price, more than 198 sold at listed price and over 625 sold below. The number of listings in Los Angeles, CA increased by 15.4% between April 2024 and May 2024. While the average time on the market in May 2024 was 33 days, the median list price was $995,939.

From Rocket Homes Real Estate and based on county public records data.

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