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$1,695,000
Est. payment /mo
0.53 Acres Lot
UPDATED:
10/29/2024 07:01 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-453861
Lot Size 0.531 Acres
Acres 0.5309
Property Description
DEVELOPER ALERT! Fully Approved Plans - RTI Pending Grading Bond. Five Building Permits Issued. Start Construction After Close of Escrow. Seize this rare chance to build a luxury modern home with panoramic views in Studio City's coveted Silver Triangle. Situated south of Ventura Blvd on a quiet cul-de-sac, the lot offers easy access to top restaurants, shops, and entertainment, plus it's within the award-winning Carpenter School District. With five valid building permits, construction can begin immediately after closing. Approved plans outline a 3-story, 4-bedroom, 7-bathroom home totaling approx. 6,597 sf. The design includes a 3-car garage and standout amenities: game room, theater, gym, pool/spa, private driveway, elevator, outdoor kitchen, BBQ, fire pit, rooftop seating area, and private balconies/decks. A finished product has been appraised at $9 million USD. Utilities are nearby, and the lot is surrounded by new multi-million-dollar homes. Plans available upon request. Buyer to do their due diligence and verify all information independently. Sold AS IS & WHERE IS.
Location
State CA
County Los Angeles
Area Studio City
Zoning LARE15
Exterior
View Y/N Yes
View City, Hills, Canyon, Mountains, Trees/Woods, Tree Top, Valley, City Lights
Others
Special Listing Condition Standard
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Listed by Douglas Elliman