Request More Info
Schedule a Showing
Share
Print
|
Fully RTI | Price Improved | Laurel Canyon Development Opportunity. Recently price improved, the seller is motivated and ready to engage with qualified buyers. Both lots must be sold together, offering control of a side-by-side development in prime Laurel Canyon. 8534 & 8536 Lookout Mountain Ave (APNs 5562-001-014 & 5562-001-015) are fully RTI (Ready-To-Issue) for two architecturally designed single-family homes, allowing a buyer to move directly into construction without entitlement risk. Each residence is approximately 1,406 sq ft, designed for modern hillside living with strong end-user appeal. There may be potential for future Junior ADUs (buyer to verify). Soil and geotechnical reports are complete, reducing time and soft costs. A licensed contractor has preliminarily estimated approximately $488,000 per home through drywall stage, inclusive of site and structural work. Comparable sales suggest an estimated after-build value of approximately $1.5M per home (buyer to independently verify), supporting resale or long-term hold strategies. Minutes from Sunset Blvd and located within the Wonderland School District, this is a streamlined, shovel-ready opportunity in one of Laurel Canyon's most desirable pockets.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 2/11/2026 | Year Built | 0 |
|---|---|---|---|
| Community | C03 - Sunset Strip - Hollywood Hills West | County | Los Angeles |
Additional Details
| AREA | C03 - Sunset Strip - Hollywood Hills West |
|---|---|
| LOT | 2500 sq ft |
| LOT DESCRIPTION | Sloped Up |
| LOT DIMENSIONS | 2501 |
| SEWER | Other |
| VIEW | Yes |
| VIEW DESCRIPTION | Canyon, Hills |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Carolwood Estates
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email