Hollywood Hills Development Deal - One of the best lots imaginable in Los Angeles, California For Sale
Type: Houses, For Sale - Private.
Hollywood Hills Development Deal - One of the best lots imaginable
Location: Hollywood Hills
25,300 SF of land with absolutely incredible views. 360 degree views staring right at downtown Los Angeles, with clear views to the Ocean, the Hollywood sign, the city and the mountains. This at the top of the mountain, in the coveted Wonderland School District. If you know the Hollywood Hills, this will be one of those homes that you see on the few out crops that fetch those high end, $5,000,000 - $10,000,000 prices.
The 25,300 SF is broken up into 7 separate lots. Electricity and sewer lines are already there as there is an existing home (complete tear down) there currently. 2 lots, the back 6,000SF have accepted plans and permits with the city that are currently in the process of being renewed that are R1, approved for a xxxxSF home to be built. This leaves 19,300SF lot up front to build the most incredible home in xxxx6.
Views are unobstructed, land just needs tobe excavated and developed. With these views, and the right upscale, modern construction you'd be looking at each home fetching anywhere from 2.5 million to 5 million each. Realistic ARV of homes would be 6-7 million, maybe more.
This is one of those opportunities do develop a home that will define your company as a real player in Los Angeles, while walking away with a hefty profit.
Information
Contact Information
Steve Snyder
steve@sigroup.la
310-948-xxxx
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Pricing
Price: $1,150,000.00
Flexibility: Firm
Property Location
Undisclosed
Los Angeles, CA xxxx6
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Features
Acreage: 0.58
Zoning: R1
Sewerage: Yes
Water: Yes
School District: Wonderland
Agent Name: Steve Snyder
Broker: Steve Snyder
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