7
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$254,000
Est. payment /mo
2,576 Sqft Lot
New
8534 Lookout Mountain Ave Los Angeles, CA 90046
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25538311
Lot Size 2,576 Sqft
Acres 0.0591
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 Sunset Strip - Hollywood Hills West
Zoning LAR1
Exterior
View Y/N Yes
View Hills, Canyon
Building
Lot Description 2-4 Lots
Sewer In Street
Water Public, In Street
Others
Special Listing Condition Standard
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Listed by Carolwood Estates