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.
|
DAYS ON MARKET
|
370
|
LAST UPDATED
|
11/7/2024
|
|
YEAR BUILT
|
0
|
COMMUNITY
|
STUD - Studio City
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Lot/Land/Acreage
|
|
|
|
Prior to Nov 7, '24
|
$595,000
|
| Nov 7, '24 - Today |
$399,000 |
| AREA |
STUD - Studio City |
| LOT |
0.2584 acre(s) |
| SEWER |
Other |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights, Hills |
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Listed with PLG Estates
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/25/25 1:32 AM PDT 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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