Published 1 year ago

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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The Business Journals

Senderos Canyon in Bel Air goes up for auction at a steep discount

The minimum auction bid is $39 million, nearly 70% below its original $125 million asking price when it first went on the market a decade ago.

1 year ago·United States

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Benzinga

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

Bidding Begins Today for the $125 Million Trophy Parcel, Represented by Melinda & Scott Tamkin of The Tamkin Real Estate Group at Compass and Auction House Paramount Realty USA LOS ANGELES, Jan. 24, 2023 /PRNewswire/ -- Senderos Canyon, the single most monumental land opportunity in Los Angeles comprising approximately 260 sweeping, pristine acres in the heart of Bel Air, is now listed for sale by auction via Paramount Realty USA, a prominent na…

1 year ago·New York, United States

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