Description
Three extraordinary options in hollywood hills – unmatched investment opportunity
this rare, prime parcel in the hollywood hills offers sweeping 180-degree views and is subdivided into five distinct apns, presenting a unique opportunity for developers or investors. situated in the coveted universal city area, this property is primed for a signature development project in one of los angeles’ most prestigious neighborhoods.
summary: three investment options
purchase the entire parcel: own all five subdivided lots (totaling 3.78 acres) for $6,500,000, a truly remarkable value for this location.
develop four luxury homes: utilize the five lots to create a collection of high-end residences that will appeal to buyers seeking exclusivity and panoramic views in hollywood hills.
fund the luxury estate construction: for those interested in financing, participate in the construction and development of a luxury estate within this high-demand area.
property breakdown
each lot offers expansive space and is nearly rti (ready to issue), streamlining the approval process for ambitious development projects:
apn 2425-015-030: 23,191 sq ft (0.53 acres)
apn 2425-015-031: 20,638 sq ft (0.47 acres) – ideal for a communal amenity, such as a pickleball or tennis court
apn 2425-015-032: 38,037 sq ft (0.87 acres)
apn 2425-015-033: 40,105 sq ft (0.92 acres)
apn 2425-015-034: 42,766 sq ft (0.98 acres)
endless development potential
imagine creating a secluded, private enclave or individual luxury residences, each with iconic views and unmatched hollywood hills allure. with nearly rti approvals and a prime location, this property combines substantial lot sizes, a favorable approval status, and community appeal for a once-in-a-lifetime development opportunity.
don’t miss the chance to secure your place in the legendary hollywood hills. this is an exclusive investment for visionary developers looking to make a lasting impact in la’s luxury real estate market.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47484450
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 3.78
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 164656
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Listing Information
Listing Price Information
- Original List Price: 6,500,000
- Listing Contract Date: 2024-10-29
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2425015030
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: STUD - Studio City
- Directions: South on Cahunega W, take a right onto Multiview Drive, follow to location.
- Zoning: Residential
- Source Property Type: Land
- Area: STUD - Studio City
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 12/22/2024 @ 02:28
- MLS: SR24223780
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 164,656 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90068, this Los Angeles County Land are nearby neighborhoods.