CA > Los Angeles
Los Angeles, CA 90046,8534 Lookout Mountain AVE
Los Angeles, CA 90046,8534 Lookout Mountain AVE
Los Angeles, CA 90046,8534 Lookout Mountain AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$254,000
Est. payment /mo
2,574 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25538311

HOA Y/N No

Lot Size 2,574 Sqft

Property Description

Investor/Developer Special RTI Plans for Dual New Construction in Prime Laurel Canyon. Incredible opportunity for developers or investors in the heart of Laurel Canyon-two contiguous lots at 8534 & 8536 Lookout Mountain Ave with plans currently under plan check with LADBS for two thoughtfully designed 1,406 sq ft single-family homes. The seller anticipates obtaining all clearances and final approvals within the next few months. Much of the preliminary work is already complete, including soil and geotechnical reports, significantly reducing time and costs for the next owner. This project presents strong potential whether you're looking to build and sell, hold as high-yield rentals, or create a multi-unit compound in a sought-after hillside setting. Each home has been individually designed with modern functionality and style in mind. Future plans also allow for the addition of a junior ADU, offering the ability to further increase rental income or resale value. Ideally located just minutes from Sunset Blvd and within the prestigious Wonderland School District, these properties offer the rare chance to invest in a neighborhood with lasting appeal and high end-user demand. This is a compelling opportunity to move forward with a nearly fully-prepped project in one of Los Angeles' most iconic and desirable enclaves.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning LAR1

Interior

Fireplace No

Exterior

View Y/N Yes

View Canyon, Hills

Building

Lot Description Sloped Up

Sewer Other

New Construction No

Others

Senior Community No

Tax ID 5562001014

Financing Cash

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Daniel Cerecedes • Carolwood Estates

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