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,… Read More 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. Read Less
Property listed by PLG Estates, Cindy Lorimer 310-788-0700
Listing Snapshot
Days Online
370
Last Updated
Property Type
Other
Lot Size
0.26 Acres
MLS Number
24401063
30 Days Snapshot Of 91604
$1.83M
+9%
(avg) sold price
29
-12%
homes sold
74
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.2584 acres, 11,254 square feet, Size: 11,254
Property
Zoning: LAR1, CityLights, Hills
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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