Bel Air - Los Angeles, CA Commercial Real Estate For Lease
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Bel Air Site Development Opportunity
901 Strada Vecchia Rd
Bel Air, Los Angeles, CA
This site is located in the heart of the famed Bel Air neighborhood of Los Angeles. This area is internationally renowned and is one of the world’s most prestigious residential locations. Bel Air is home to many celebrities and is synonymous with wealth and glamour. The site is near the exclusive Bel Air Hotel. Development sites in Bel Air are scarce. This one is especially attractive site as it is entitled, by right, for a new home sized up to 15,000 square feet. The lot has both city and ocean views, is gated, and has its own private driveway. A storied property, recently a developer constructed a 25,000+ square foot residence which greatly exceeded the entitlements.
After years of lawsuits, a ruling was issued to demolish the partially built structure. In December of 2021 Sahara Construction purchased the site and deconstructed the house. Currently, the lot is clean and ready for development. Retaining walls and most of the site work are in place. Drawings have been completed for a new home, or if desired, purchaser can have their own design commissioned and build a home to their specifications. The site was recently appraised at $19,100,000. The appraisal also provided an estimate of value for a, to be completed, 14,000 square foot home at $40,600,000. For a savvy developer this opportunity has a significant amount of potential equity
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Bel Air Plaza
651 N Sepulveda Blvd
Bel Air, Los Angeles, CA
Two retail spaces available
Turn-key ready hair salon
Second floor office space includes 3 private offices, new flooring and fresh paint
Free parking for customers
Underground parking for tenants
Corner Lot
Signalized Intersection
$2,424
822 SF
BEL AIR PLAZA
641 N Sepulveda Blvd
Bel Air, Los Angeles, CA
Building Signage Available. Easy Access to 405 Freeway. Abundant Natural Light.
$7,338
2,258 SF
815 Moraga Drive
815 Moraga Dr
Bel Air, Los Angeles, CA
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612 North Sepulveda Boulevard
612 N Sepulveda Blvd
Bel Air, Los Angeles, CA
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Market Stats
Bel Air has 8 commercial real estate spaces for lease, representing 10,503 sqft space. 8 buildings are available for sale.
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