Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1037 Bel Air Court

Los Angeles, CA, 90077

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$17,995,000

MLS: 25585213

Beds

4

Baths

6

Sq Ft

3,869

Lot

6.74 ac

Year Built

1948

MLS #

25585213

Days on Market

37

Listed

Aug 29, 2025

Description

LUXURY PROPERTY AUCTION: 1-13 May. Accepting starting bids through 30 April. Starting bids expected between $10M-$13M. Earn an incentive by 30 April. Spanning nearly seven acres, this gated Bel Air estate occupies one of the most sought-after locations in Los Angeles. The property features approximately 500 feet of frontage along Bel Air Road and offers unobstructed views of the surrounding canyons and the city skyline. Lush, mature landscaping, including rose gardens, manicured lawns, and classical statuary, frames the grounds, creating a private and serene environment. This rare estate represents a significant development opportunity. Its size and location provide the flexibility to renovate the existing structures or build a new residence of exceptional scale and design. With privacy, views, and prestige all combined, the property is a truly singular offering.

Location

Los Angeles, Los Angeles County, CA 90077

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Listed by: Aaron Kirman · Christie's International Real Estate SoCal

Payment estimate

$125,301

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,799,500 · Loan: $16,195,500

%
Principal & Interest
$99,508
Property tax (1.25%)
$18,745
Homeowners insurance
$300
Mortgage insurance
$6,748
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $629,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90077 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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