Inside a $11M LA Mansion: What You Actually Get for the Money

#realestateinvesting #wholesalerealestate #jamildamji I’m Jamil Damji, and after decades in real estate investing, I wanted to see what $10.9M actually gets you in Los Angeles luxury real estate. So I toured this incredible $11M LA mansion in the Bird Streets with the real estate developer who built it. This isn’t just another luxury home tour. We walk through the property and break down the details behind this level of luxury real estate and real estate development—from the views and custom finishes to the elevator, infinity pool, separate ADU, and the decisions behind building a high-end spec home. But what interested me most was the business behind it. We get into luxury home construction, construction costs, real estate financing, and how a construction loan works when you’re building a property at this level. I also wanted to understand what buyers are actually paying for. At this price point, every detail matters. The materials. The layout. The view. The location. The quality of the construction. And even the smallest design decision can affect how a buyer sees the home. We also talk about the reality of the Los Angeles market, what happens when millions of dollars are tied up in one project, and why a developer needs multiple exit strategies when the property doesn’t sell immediately. For me, walking through a project like this is bigger than looking at a beautiful house. It’s about seeing another level of real estate up close. Because sometimes you need to walk through the door before you can imagine yourself playing at that level. What feature in this house do you think actually justifies the price? #LuxuryRealEstate #RealEstateInvesting #losangelesrealestate Timestamps: 00:00 Celebrity Neighbors 00:40 $10.9M Mansion 01:00 Meet the Developer 03:10 Why This Lot 03:50 Celebrity Buyers 04:20 Garage With a View 05:30 Luxury Materials 06:30 Home Office 07:55 Primary Suite 10:00 Custom Closet 11:05 Design Risk 11:55 Build Costs 12:55 Kitchen & Living 18:25 Luxury Market 19:35 Private ADU 21:40 Deal Numbers 23:00 Slow Market 24:35 LA Taxes 25:50 Pivoting Markets 26:40 Developer Story 27:35 Dream Bigger 28:30 Bigger Targets 29:05 Final Thoughts As always, I appreciate each one of you guys for joining me on this YouTube journey. The goal is to hit 100k subscribers! You can help me out by liking the video and sharing it with a friend if you found it helpful. ------------------------------ Learn the best way to Invest in Real Estate in 2025! How Co-Living is blowing all other R.E. investments out of the water For more information, book a strategy call with my team here: https://www.housingalchemy.com/ Energy of Money https://joineom.com/network Need transactional funding? https://www.flipcashtoday.com/ Streamline your real estate deals with Run Deal Sauce! Simplify your process, find buyers faster, and close deals with ease. Ready to level up? Check it out now! http://www.rundealsauce.com