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Calling all investors, developers, and visionaries. This is a rare opportunity to acquire a premier Hollywood Hills property above the Sunset Strip with RTI (Ready-to-Issue) plans and permits already in place for a comprehensive transformation. Located just moments from Chateau Marmont and the world-famous Sunset Strip, 1651 Marlay Drive offers sweeping city views, exceptional privacy, and the opportunity to create a truly remarkable luxury estate in one of Los Angeles' most coveted neighborhoods. The approved plans envision a dramatic redesign featuring expansive living and entertaining spaces, multiple bedrooms and baths, a wine cellar, resort-style outdoor areas, a new pool, and a fully realized lower level complete with a lounge, nanny suite, sauna, steam room, cold plunge, and additional amenities. The design maximizes the property's hillside setting while capturing breathtaking city views throughout. The property has experienced substantial water damage and will require extensive renovation and reconstruction, making it ideally suited for developers, builders, investors, or end users seeking to create a custom residence. The true value lies in the location, the approved plans, and the significant time savings associated with obtaining permits and moving a project of this scale forward. Whether you're looking for your next luxury development project or an opportunity to build a custom estate without starting from scratch, 1651 Marlay Drive presents a compelling combination of location, vision, and upside potential. Bring your architect, your builder, and your imagination. Much of the groundwork has already been done.
Property Type(s):
Single Family
| Last Updated | 6/10/2026 | Year Built | 1980 |
|---|---|---|---|
| Community | C03 - Sunset Strip - Hollywood Hills West | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C03 - Sunset Strip - Hollywood Hills West |
| HEAT | None |
| LOT | 0.2794 acre(s) |
| LOT DIMENSIONS | 143x85 |
| PARKING | None |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Traditional |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Hills, Mountain(s), Panoramic, Trees/Woods |
Location
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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