THE LARGEST LOTS IN STUDIO CITY (3.3 ACRES +/-) IS NOW FOR SALE AT ONLY $11.23 PER SQUARE FOOT! A DEVELOPERS DREAM OPPORTUNITY! LOCATED ON LAUREL CANYON BLVD, AT THE INTERSECTION OF DONA PEGITA DR IN THE MULHOLLAND SCENIC PARKWAY (OUTER CORRIDOR). Parcels 2381-006-012 AND 2381-006-013 are included with this listing, for a total of 3.3 acres +/-. Surrounded by million dollar, and up, homes in the highly desired Carpenter Community Charter school district. Close to Fryman Canyon Park, restaurants, shops and school with access to Beverly Hills, Studios and Westside. A significant portion of the property is level and clear of any brush and trees to allow for ease of access through the entire length of the property and to visualize with your dream home(s). The city has zoned the property RE15, meaning (according to the City and Planning Department) that one house can be built for every 15,000 square feet. If all the land is buildable, then up to 9 homes can be built! Buyer is responsible for performing due diligence on discovering the highest and best allowable use for this land.
$1,750,000Size Upon Req.
Rare assemblage of two lots totaling 12,936 SF. Address are 4531 & 4535 Tujunga Ave. Per the Small Lot Subdivision Ordinance it appears that 4 detached townhouses can be built on each lot for a total of 8 townhouses or small SFR's. Subject to a 45' height limitation each unit would consist of approximately 1,875 SF with two to three levels including ground level private garages. Buyer to verify all development potential. Second property address is 4535 Tujunga Ave. Parcels include APN's: 2365-013-024 & 2365-013-013. Existing structures include one triplex on each lot. Each triplex consists of (1) 2 Bd + 1 Ba and (2) 1 Bd + 1 Ba units. The current total scheduled gross income is $77,952. With market rent potential of $97,200 there is about 25% upside rent potential for existing property. Units rented under the Los Angeles Rent Stabilization Ordinance. All offers to be written for separate parcels. Seller of 4531 Tujunga has a California Broker's license.
|Photo Coming Soon|
$995,000Size Upon Req.
BRING YOUR CELEBRITY CLIENTS - SECLUDED, PRIVATE NEAR FRYMAN CANYON ESTATE AREA. Huge 55,321 sq. ft. lot. This is a complete fixer/tear down and includes a Olympic size swimming pool that is in need of repair. This property used to have parties back in the 1930's and 1940's for the elite of Hollywood. Buyer can do a complete rehab or tear down and build a dream house. . Lot is very secluded and protected from some street noise by being located about 100 feet back from the Street. Narrow driveway allows access to the property. The property is in layers going up the side of a hill. There is a flat parking lot at the bottom of the hill, that a house could be built on. Next level consists of tear down property and pool. House could be built on this level or house could be built between 1st and 2nd level with the 2nd level becoming the backyard. Lots of potential.Top of the lot has an amazing unblockable view of the entire Valley however, hard to build up there. To view more photos please visit: https://www.dropbox.com/sh/n0890hhci2ns649/AADnfPYcGOFOD4Sfb4C2GsQIa?dl=0