| Property type: | Land |
| MLS #: | SR25083067MR |
| Days On Market: | 296 |
| Listing Date: | April 14, 2025 |
| County: | Los Angeles |
| Zoning: | LARE15 |
Property Details
Three Extraordinary Options in Hollywood Hills Unmatched Investment Opportunity This rare, prime parcel in the Hollywood Hills offers sweeping 180-degree views and is subdivided into five distinct APNs, presenting a unique opportunity for developers or investors. Situated in the coveted Universal City area, this property is primed for a signature development project in one of Los Angeles most prestigious neighborhoods. Summary: Three Investment Options Purchase the Entire Parcel: Own all five subdivided lots (totaling 3.78 acres) for $6,500,000, a truly remarkable value for this location. Develop Four Luxury Homes: Utilize the five lots to create a collection of high-end residences that will appeal to buyers seeking exclusivity and panoramic views in Hollywood Hills. Fund the Luxury Estate Construction: For those interested in financing, participate in the construction and development of a luxury estate within this high-demand area. Property Breakdown Each lot offers expansive space and is nearly RTI (Ready to Issue), streamlining the approval process for ambitious development projects: APN 2425-015-030: 23,191 sq ft (0.53 acres) APN 2425-015-031: 20,638 sq ft (0.47 acres) Ideal for a communal amenity, such as a pickleball or tennis court APN 2425-015-032: 38,037 sq ft (0.87 acres) APN 2425-015-033: 40,105 sq ft (0.92 acres) APN 2425-015-034: 42,766 sq ft (0.98 acres) Endless Development Potential Imagine creating a secluded, private enclave or individual luxury residences, each with iconic views and unmatched Hollywood Hills allure. With nearly RTI approvals and a prime location, this property combines substantial lot sizes, a favorable approval status, and community appeal for a once-in-a-lifetime development opportunity. Don t miss the chance to secure your place in the legendary Hollywood Hills. This is an exclusive investment for visionary developers looking to make a lasting impact in LA s luxury real estate market.Interested in this Listing?
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Land Info
| Directions: | South on Cahunega W, take a right onto Multiview Drive, follow to location. |
| View: | Canyon, City Lights, Coastline, Hills, Landmark, Panoramic, Valley |
Infrastructure
| TV/Cable: | No |
| Telephone: | No |
Community
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Active
$ 6,295,000
3%
4Acres
$ 1,573,750per ACRE
167,534 ft2Lot Size
Land
