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  • Lower Bel Air View Estate - Evanisko Realty · Resale SFR Sale Comparable 7 Street Number Street Name Sale Price $/Ft. Sq. Ft. Lot Size DOM Yr. Blt. Date Sold 1894 LINDA FLORA $3,800,000
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Lower Bel Air View Estate 10427 Corfu Lane Bel Air, CA 90077 • Situated down a long private driveway with over an acre of land and views of the Los Angeles Skyline • Plans for an approx. 5,576+ Sq. Ft. home including a 3 car garage with motor court • Ability to customize plans and/or have the current development group build to suit • Price: $1,150,000

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  • Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

    • Situated down a long private driveway with over an acre of land and views of the Los Angeles Skyline

    • Plans for an approx. 5,576+ Sq. Ft. home including a 3 car garage with motor court

    • Ability to customize plans and/or have the current development group build to suit

    • Price: $1,150,000

  • Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • This brochure has been prepared to provide summary, unverified information to interested parties, and to establish only a preliminary level of interest in the subject development opportunity.

    The information contained in this brochure has been obtained from sources we believe to be reliable. However,

    Evanisko Realty & Investment, Inc. has not verified, and will not verify, any of the information contained herein, nor has

    Evanisko Realty & Investment, Inc. conducted any investigation regarding theses matters and makes no warranty or

    representation whatsoever regarding the accuracy or completeness of the information provided.

    All interested parties must take appropriate measures to verify all of the information set forth herein.

    Please contact Evanisko Realty & Investment, Inc. for additional information and/or guidance pertaining to this

    opportunity.

    All offers and correspondence regarding this opportunity are to be directed to:

    • David Melaugh: [email protected]

    • Phone: (818) 985-9700 | Fax: (818) 985-9703

    Evanisko Realty & Investment, Inc. BRE 01383591

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Table of Contents

    Page 5: Property Summary

    Page 6: Location

    Page 7: Resale SFR Sale Comparable

    Page 8: Active SFR Sale Comparable

    Page 9: Notable Single Family Home Sale

    Page 10: Active Available Land Comparable

    Page 11: Subject Property – Site Plan

    Page 12: Subject Property – First Floor Plan

    Page 13: Subject Property – Second Floor Plan

    Page 14: Parcel Map

    Page 15: Boundary Map

    Page 16: Aerial View #1

    Page 17: Aerial View #2

    Page 18: Aerial View #3

    Page 19: Aerial View #4

    Page 20: Transactional Guidance

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • • Land Area: 43,760 Sq. Ft.

    • APN: 4371-005-011, 020

    • Project Description: 4 Bedroom / 4.5 Bathrooms

    • 1st Floor: 15’ ceiling, grand formal entry, 3 Bed/3.5 Bath, media room, family room, formal dining room,

    sun room, laundry room, mud room, kitchen, and study/guest lounge

    • 2nd Floor: 12’ ceiling, master suite, fireplace, his & her closets, computer niche, shower and separate tub,

    private outdoor terrace

    • Livable Square Footage: Approx. 5,576 Sq. Ft.

    • 1st Floor: 4,185 Sq. Ft.

    • 2nd Floor: 1,391 Sq. Ft.

    • Entitlement: Architectural plans, soils report, survey, tree study, survey

    • Full speculative design sheet and material list

    Increasingly high home values and lack of available vacant land has constrained new ground up

    construction within this submarket. Older resale homes are averaging $1,500+ per ft.

    • List Price: $1,150,000

    Property Summary

    Lower Bel Air can be described as one of Los Angeles’ most desirable neighborhoods including some of the highest price per ft. home sales. The subject property is truly a one-of-a-kind development with many notable features

    encompassing a long private driveway, 3 car garage and motor court, elevated building pad set apart from

    neighboring homes and views towards the Century City/Beverly Hills skyline. As currently designed, the home will

    include 4 Bedrooms, 4.5 Bathrooms spread across two levels overlooking the pool/spa and wrap around outdoor

    terrace. While in the initial design stage, a builder will have the ability to amend the current plans or close with the

    development plan included herein.

    5

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Location

    6

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Resale SFR Sale Comparable

    7

    Street Number

    Street Name

    Sale Price $/Ft. Sq. Ft. Lot Size DOM Yr. Blt. Date Sold

    1894 LINDA FLORA $3,800,000 $1,247 3,048 77,369 166 1958 11/15/2016

    1721 STONE

    CANYON $3,999,000 $1,245 3,213 12,262 62 1961 4/29/2016

    966 STONE

    CANYON $5,000,000 $1,247 4,011 19,658 27 1935 4/1/2016

    1117 ANGELO $5,500,000 $1,484 3,706 34,963 17 1951 5/5/2016

    10909 SAVONA $5,954,761 $1,121 5,311 15,693 84 1970 2/18/2016

    10899 CHALON $6,475,000 $2,059 3,145 38,560 41 1959 9/20/2016

    810 SARBONNE $6,500,000 $1,619 4,014 23,755 36 1976 4/18/2016

    701 NIMES $7,800,000 $2,269 3,438 38,894 97 1931 3/13/2017

    1111 STRADELLA $7,810,000 $1,116 7,000 83,855 213 2008 5/20/2016

    779 STRADELLA $8,500,000 $2,269 3,746 54,991 76 1956 3/31/2016

    1244 BEL AIR $9,100,000 $2,993 3,040 16,888 36 1959 2/1/2016

    AVERAGE SALE $/FT. = $1,511 ALL SALES ARE OLD RESALE HOMES

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Active SFR Sale Comparable

    8

    Street Number

    Street Name Sale Price $/Ft. Sq. Ft. Lot Size DOM Yr. Blt.

    10486 SANDALL $4,695,000 $1,656 2,835 9,502 18 1958

    1160 BROOKLAWN $4,900,000 $1,452 3,374 12,058 152 1960

    10416 SUNSET $5,260,000 $1,431 3,676 22,947 1 1947

    10542 VESTONE $7,900,000 $1,549 5,100 123,227 215 1945

    1552 BEL AIR $9,950,000 $1,736 5,733 11,846 6 1947

    1365 SHADYBROOK $10,995,000 $1,485 7,402 18,613 13 2010

    145 MAPLETON $11,995,000 $2,012 5,962 36,844 50 1953

    1280 ANGELO $13,500,000 $1,738 7,767 18,823 48 2014

    1317 DELRESTO $16,900,000 $1,746 9,680 47,935 26 2017

    425 PARKWOOD $17,500,000 $2,537 6,898 39,838 106 1935

    323 MAPLETON $19,995,000 $2,398 8,337 52,513 75 1949

    AVERAGE ASKING $/Ft. = $1,795

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

    AVERAGE LISTING PRICE IN BEL AIR = $10,344,251

  • Notable Single Family Home Sale

    9

    Subject Property

    Sale Price: $17,990,000 Sale Date: 7/22/2016

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Active Available Land Comparable

    10

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

    Active Land Sale Comparable #1 1037 Stradella Road Bel Air, CA 90077 Lot Size: 24,424 Sq. Ft. Description: Fully approved plans for a 7,235 Sq. Ft. 5 Bed / 6 Bath SFR Projected Built Value: $12,500,000 List Price: $3,685,000 Property is listed with Andrea Alberts at Southeby’s International

    Active Land Sale Comparable #2 9875 Rimmele Drive Beverly Hills, CA 90210 Lot Size: 65,340 Sq. Ft. Description: Fully approved plans for a 17,000 Sq. Ft. SFR Projected Built Value: N/A List Price: $4,800,000 Property is listed with Leo Goldschwartz at McMonigle Group

    Active Land Sale Comparable #3 982 Stone Canyon Bel Air, CA 90077 Lot Size: 19,129 Sq. Ft. Description: Vacant, flat corner lot. Approved plans for a 7 Bed / 11 Bath SFR Projected Built Value: $25,000,000 List Price: $12,500,000 Property is listed with Marcy Roth at Berkshire Hathaway

  • Subject Property – Site Plan

    11

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Subject Property – 1st Floor Plan

    12

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Subject Property – 2nd Floor Plan

    13

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Parcel Map

    14

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Boundary Map

    15

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Aerial View #1

    16

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Aerial View #2

    17

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Aerial View #3

    18

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Aerial View #4

    19

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077

  • Transactional Guidance

    Evanisko Realty & Investment, Inc. has been retained on an exclusive basis by the owner to handle the marketing

    and disposition of this land asset.

    Title: Seller’s choice

    Escrow: Seller’s choice

    SUBMIT ALL PROPOSALS/INQUIRIES TO:

    David Melaugh | [email protected]

    For additional information/guidance on this and other development opportunities contact: Evanisko Realty &

    Investment, Inc. (818) 985-9700.

    List Price: $1,150,000

    ALL PROPOSALS WILL BE REVIEWED BY LANDOWNER AND BROKER AS RECEIVED

    20

    Lower Bel Air View Estate 10427 Corfu Lane

    Bel Air, CA 90077


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