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1242 Sunset Plaza Dr, Los Angeles, CA 90069
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1242 Sunset Plaza Dr Los Angeles, CA 90069

$2,495,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$2,495,000 Get Pre-Qualified
Map preview of 1242 Sunset Plaza Dr, Los Angeles, CA 90069

Property Overview: 1242 Sunset Plaza Dr Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 11,154 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located just a short distance away from the famed Sunset Strip, this 11,000+ sq ft lot is an amazing opportunity for someone to develop a grand estate with sweeping city views and flat, usable outdoor space. There were previously approved plans and permits for a 10,100+ sq ft home (plans have since expired). Flat lots are not available often on Sunset Plaza...this is a rare opportunity and a blank canvas for someone to create their signature property. Centralized, ideal location is just blocks from the best restaurants, shopping and entertainment the Sunset Strip has to offer. Please see private remarks for additional information.

Listed by Austin Brunkhorst | BRE #01823513 | Compass
Co-listed by Philip Boroda | BRE #00822192 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 82
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Home details

Lot Sq. Ft
11,154
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24360705
City
Los Angeles
County
Los Angeles
Time on Site
86 days

Open Houses for 1242 Sunset Plaza Dr

No upcoming open houses

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Property Details for 1242 Sunset Plaza Dr

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5559008006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Sunset on Sunset Plaza Drive
View more facts & features

Local Los Angeles Agent

Sale History for 1242 Sunset Plaza Dr

Last sold for $3,300,000 on October 30th, 2017

  • February, 2024

  • Feb 21, 2024

    Date

    Active

    CRMLS: 24360705

    $2,895,000

    Price

  • January, 2020

  • Jan 9, 2020

    Date

    Expired

    CRMLS: 19464338

    $4,950,000

    Price

  • Oct 28, 2019

    Date

    Price Change

    CRMLS: 19464338

    $4,950,000

    Price

  • Oct 28, 2019

    Date

    Price Change

    CRMLS: 19464338

    $5,250,000

    Price

  • Sep 9, 2019

    Date

    Expired

    CRMLS: 19464338

    $5,500,000

    Price

  • Jun 4, 2019

    Date

    Price Change

    CRMLS: 19464338

    $5,500,000

    Price

  • May 8, 2019

    Date

    Active

    CRMLS: 19464338

    $6,500,000

    Price

  • Listing provided courtesy of CRMLS

    FLAT LAND. THE ONLY FLAT LOT AVAILABLE IN SUNSET PLAZA. This property is delivered with RTI Ready to Issue Permits. Designed by award-winning Architects, 1242 Sunset Plaza combines sweeping citywide views with the epitome of indoor/outdoor living to create an exclusive masterpiece. This property is delivered fully permitted for 10,173+ square feet of total livable space. With homes selling at $2,000/sqft in the Sunset Plaza area, the home is perfectly situated for a developer to buy, build, and sell for massive profits. 1242 Sunset Plaza presents the rare development opportunity to build on a FLAT LOT cutting your construction time in half. A unique opportunity walking distance from all shops and restaurants while still receiving sweeping views. Do not miss this chance!The home is also available for home-buyers and can be delivered fully developed within 1 year. Please inquire if you are looking to purchase a ready home for pricing.

  • July, 2018

  • Jul 23, 2018

    Date

    Canceled

    CRMLS: 18334088

    $9,000

    Price

  • Jul 12, 2018

    Date

    Price Change

    CRMLS: 18334088

    $9,000

    Price

  • Apr 18, 2018

    Date

    Active

    CRMLS: 18334088

    $18,000

    Price

  • Listing provided courtesy of CRMLS

    FURNISHED RENTAL. Available for long & short term. Beautiful charming traditional with maids quarters, formal dining room, hardwood floors, den, sunken living room/marble fireplace, patio, secluded backyard with large pool. Two car garage. Lots of charm. Walk to the heart of famed Sunset Plaza shops and restaurants.

  • October, 2017

  • Oct 30, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,300,000

    Price

Show More

Tax History for 1242 Sunset Plaza Dr

Assessed Value (2020): $3,433,320
Year Land Value Improved Value Assessed Value
2020 $2,746,656 $686,664 $3,433,320

Home Value Compared to the Market

This property vs the competition

1242 Sunset Plaza Dr is listed 99.6% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000.

About 1242 Sunset Plaza Dr

Detailed summary of property

1242 Sunset Plaza Dr is a land located in Los Angeles, CA 90069 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 11,154 square foot lot. 1242 Sunset Plaza Dr was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner is currently asking $2,495,000 and was originally asking $2,895,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 99.6% higher than the median priced home. Local competing homes currently for sale include 4853 Melrose Ave, 1801 N Normandie Ave and 3407 Tilden Ave. While the average home in Los Angeles, CA is selling in 92 days, 1242 Sunset Plaza Dr has a days on market of 82 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1242 Sunset Plaza Dr Los Angeles, CA 90069 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1242 Sunset Plaza Dr

Public county record property details
Beds
4
Baths
4
Year built
1935
Sq. Ft.
2,726
Lot Size
11,151
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
2
APN
5559-008-006

The source for these homes facts are from public records.

90069 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$1,096
Median Sold Price
$1,850,000
Median Sold Price/Sq.Ft.
$1,065
Total Inventory
281
Median Sale to List Price %
100.05%
Avg Days on Market
66
Loan Type
Conventional (3.03%), FHA (0%), VA (0%), Cash (18.18%), Other (3.03%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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