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$399,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
12/13/2024 07:09 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL24401063
HOA Y/N No
Lot Size 0.258 Acres
Acres 0.26
Property Description
Prime development opportunity in Studio City hills on an 11,000+ sq ft lot overlooking Weddington Golf and Tennis Club (future Harvard Westlake River Park). This property offers sweeping valley views and is within distance to Studio City's shops and restaurants. Located on a quiet residential street with no through traffic, it provides a serene setting. The seller has extensive plans for a unique approx. 4,000 sq ft, 5BD/4BA home featuring a rooftop backyard pool and elevator. Plans, surveys, and reports are available, with the seller addressing city comments before resubmission. The Geology and Soils Report is approved by the City Grading department. Estimated construction costs are $2M, with a potential property value of $4.5M+ upon completion. Ideal for visionary developers or investors, with seller open to partnership. Architectural renderings available.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR1
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View City Lights, Hills
Building
New Construction No
Others
Tax ID 2384001023
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Listed by Cindy Lorimer • PLG Estates
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