VANTAGE
1871 Marcheeta Place · Doheny Estates
Visual Mastery · Concept Visualization
Doheny Estates · Hollywood Hills · Los Angeles

VANTAGE

1871 Marcheeta Place · Los Angeles, CA 90069
$6,995,000 Land · Est. $45M+ Completed
Scroll
1.3AC
Combined Parcel
20KSF
Est. Buildable Area
LARE15
Zoning
360°
City · Canyon · Ocean
2PKG
Parcel Flexibility
The Concept

A sovereign position above Los Angeles

VANTAGE is a 20,000 sq ft private compound conceived for the end of Marcheeta Place — the most exclusive cul-de-sac in Doheny Estates. Full demo of the existing 1964 structure. A clean slate on 1.3 acres of rare, flat, buildable hillside land.

The compound reads dark and fortress-like from the motor court. Board-formed concrete, blackened steel, and zero ornamentation. From the rear, it opens completely — full-width glass, cantilevered infinity pool deck, and the entirety of Los Angeles stretched beneath it.

This is not a house. It is a position above the city for someone who has already won.

VANTAGE Aerial View

The Compound

Aerial · 1.3 Acres · Doheny Estates

Site Details

The Land

Address1871 Marcheeta Place, LA 90069
NeighborhoodDoheny Estates, Bird Streets
Combined Lot Size~1.31 Acres (57,064 SF)
ParcelsTwo contiguous (combinable)
TopographyPrimarily flat — rare for the hills
PositionCul-de-sac terminus — maximum privacy
ViewsCity · Canyon · Ocean · Skyline
Existing Structure2,855 SF (1964) — demo scenario
Asking Price$6,995,000
CC&R Height LimitNone
Design Program

VANTAGE Compound

ArchitectureDark Brutalist — Concrete & Steel
Total Est. Area~20,000 SF
Above Grade3 Stories · Two Connected Wings
Below GradeSubterranean Level — Vault + Garage
Motor Court8+ Vehicle Capacity
Garage10-Car Underground Gallery
Pool80-ft Infinity · Dark Plaster
RooftopHelipad + Lounge Terrace
Special FeaturesWine Vault · Home Theater · Bar
Glass BridgeConnecting Both Wings at Level 2

Development
Pro Forma

Estimates based on comparable Doheny Estates spec development. All figures are indicative and subject to professional verification.
Acquisition & Carrying
Land Acquisition$6,995,000
Closing Costs (2%)$139,900
Demo of Existing Structure$150,000
Entitlement / Permits$350,000
Carrying Costs (24 mo @ 7%)$699,500
Acquisition Total$8,334,400
Construction
Hard Costs — Main Structure
20,000 SF @ $600/SF — luxury hillside spec
$12,000,000
Subterranean / Underground Level
Excavation, vault, garage, theater
$3,200,000
Pool + Outdoor Terrace
80-ft infinity, helipad, landscaping
$1,400,000
Interior Finish + FF&E
Ultra-luxury spec — travertine, oak, custom
$2,800,000
Contingency (10%)
$1,940,000
Construction Total$21,340,000
Soft Costs & Professional Fees
Architecture & Engineering$850,000
Landscape Architecture$200,000
Interior Design$400,000
Legal + Accounting$150,000
Insurance (construction)$140,000
Soft Costs Total$1,740,000
Sales & Marketing
Broker Commission (5%)~$2,250,000
Pre-Construction Marketing$100,000
Visual Mastery Package$45,000
Staging$85,000
Transfer Tax + Closing$150,000
Sales Total~$2,630,000
Total Project Cost
$34,044,400
Estimated Completion Value
$46,000,000+
Based on comparable Doheny Estates sales at $2,200–$2,500/SF
Gross Profit
$12M+
Before taxes
Return on Cost
35%
Est. ROC
Price Per SF
$2,300
Target exit $/SF
Timeline
30
Months est. to completion
Regulatory

Zoning &
Entitlement

LARE15 is one of Los Angeles's most generous residential estate zones. Combined with the lot's flat topography and the absence of CC&R height restrictions, VANTAGE represents an unusually unconstrained development canvas in a world-class location.

Zoning Designation
LARE15
Los Angeles Residential Estate, 15,000 SF minimum lot. Single-family + ADU by right.
Max Buildable Area
~20,000 SF
35% RFAR on 57,064 SF lot. Up to 42% with sustainability bonuses.
Height Limit
33 ft base
No CC&R height restriction. BHO applies — flat topography maximizes envelope.
Front Setback
20–25 ft
20% of lot depth. Rear yard 25 ft max. Side yard min 5 ft (RE15).
Grading Allowance
1,600 CY
By-right grading maximum for RE15. Flat lot minimizes grading requirement.
Parcel Flexibility
Subdivisible
Parcels available individually. Lot line adjustment or subdivision possible for two-home strategy.
Visual Mastery

Ready to see
VANTAGE realized?

This is a speculative concept visualization. The full package includes a complete architectural design build-out, cinematic original-scored trailer, 360° walkthrough, and a full photorealistic render suite.

Request Full Package Visual Mastery Studio
Listing represented by Aaron Kirman · Christie's International Real Estate · (424) 249-7162