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$4,999,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
12/23/2024 06:51 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-397309
Lot Size 0.521 Acres
Acres 0.5207
Property Description
Welcome to "The Brentwood Observatory", an exceptional development opportunity of a roughly 8500 sq ft organic modern masterpiece on a extremely privatized promontory lot on Brentwoods most desirable street with unobstructed jetliner views of DTLA, Century City, the Getty, the ocean, and mountains. Conveniently skip years of navigating the bureaucracies and complexity of LADBS and design review boards and move forward with the development of this epic estate that will be delivered with ready-to-issue (RTI) plans for the Buyer. With no surrounding neighbors to the property other than across the street given that the property is adjacent to city owned reservation land, this property contains unparalleled privacy. With several comps on Tigertail selling around $2000-$3000 price per square foot, this development opportunity has a potential valuation of NEARLY $20,000,000 once completed! Within close proximity to all the best restaurants, shopping, hiking trails, and schools that Brentwood has to offer. Truly a jaw dropping development opportunity that will be delivered Ready to Issue with millions in potential upside. Construction bid upon request.
Location
State CA
County Los Angeles
Area Brentwood
Zoning LARE15
Exterior
View Y/N Yes
View Ocean, Mountains, City, City Lights, Panoramic
Others
Special Listing Condition Standard
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Listed by Hollywood Estates