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Huge Price Reduction, sell wants it sold! This is truly an exceptional opportunity to purchase this land/project. Ideal for developers, end users, investors or flippers or for an owner user. This fantastic property is located in close proximity to the Houdini Estate. Head up Laurel Cyn to Willow Glen Rd to Woodstock Rd. 8,841 sq ft of down sloped land with a foundation and many more. Vacant panoramic view Land with a structure on it. The property has a foundation and substructure and grading done already. A seasoned developer who knows their way around the city might be able to get the old permits revived as it was ordered in the court case back in 2003. Even if the new owner decides to demolish the structure, the existing foundation, retaining walls and some other improvements could possibly be salvaged and used in the construction of a new home. This will be marketed in the SFR section shortly. The land falls under Los Angeles Building Department as well as Mullholland Scenic Board. Great community. Sold As Is Buyer to do their own due diligence.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 11/11/2024 | Community | Sunset Strip - Hollywood Hills West |
|---|---|---|---|
| County | Los Angeles |
Price History
| Prior to Aug 14, '23 | $999,000 |
|---|---|
| Aug 14, '23 - Mar 22, '24 | $699,000 |
| Mar 22, '24 - May 24, '24 | $799,000 |
| May 24, '24 - Nov 11, '24 | $649,000 |
| Nov 11, '24 - Today | $599,000 |
Additional Details
| AREA | Sunset Strip - Hollywood Hills West |
|---|---|
| LOT | 8441 sq ft |
| LOT DESCRIPTION | Sloped Down, Value In Land |
| SEWER | Unknown |
| UTILITIES | Electric: Unknown |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Canyon,Park/Greenbelt |
| ZONING | LARE11 |
Location
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Listed with Berkshire Hathaway HomeServices California Properties
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