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Auction Set for 260-Acre Senderos Canyon, Known as Greater Los Angeles' Largest and Last Private, Undeveloped Parcel, Encompassing 6% of Bel Air's Land

Summary by Ground News
Senderos Canyon is Los Angeles' Largest Undeveloped Parcel, 6% of Bel Air's Land. Minimum auction bid is $39 million, nearly 70 percent below its original $125 million asking price. For any purchaser who closes on or before March 31, 2023, a $2 million credit will be awarded. Property is subject to prior sale allowing the seller to potentially accept a compelling bid received in advance of the bid deadline.

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Benzinga broke the news in New York, United States on Tuesday, January 24, 2023.
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