SHOVEL-READY, PERMITS IN HAND - START BUILDING IMMEDIATELY: Build your dream home on this 6,754 sq ft shovel-ready vacant lot in the highly desirable Mount Washington neighborhood of Los Angeles. With a 50-foot frontage (buyer to confirm), full permits approved, and city-approved architectural plans in place, this is a rare… Read More opportunity to begin construction immediately and save significant time and costs. The approved permitted plans are for a stunning 2,980 sq ft, three-story residence featuring 4 bedrooms, 4 bathrooms, a two-car garage, and a flexible gym/office space, perfect for modern living and working from home. Thoughtfully designed to maximize space, light, and the surrounding landscape, the home is positioned to take full advantage of the area's spectacular views. Utilities are conveniently accessible, ready to be connected to LA services, streamlining the development process. Nestled in a serene hillside setting, this property offers both privacy and convenience. Two appraisals have been conducted estimating the newly-built house to be worth $2.4MM - will supply them to interested buyers. Enjoy close proximity to top-rated schools, vibrant shopping centers, renowned restaurants, and beautiful parks, with nearby major highways providing easy access throughout Los Angeles. This is truly a perfect location for work and play. Approximately $150,000 in soft costs have already been invested into the project, including full entitlements under the Mt. Washington Specific Plan, architectural design, structural engineering, soils and geotechnical reports, and all necessary documentation for City permitting. Over $80,000 of that total reflects direct value in paid City permit fees (approximately $40,000) and value engineering (approximately $40,000) to streamline construction and reduce build costs. No street improvements are necessary. These comprehensive pre-development efforts position the project for a faster, more cost-efficient build with no delays. This is a dream opportunity. Read Less
Courtesy of Sotheby's International Realty 323-665-1700
Listing Snapshot
Days Online
97
Last Updated
Property Type
Other
Lot Size
0.16 Acres
MLS Number
26636815
30 Days Snapshot Of 90065
$1.39M
-22%
(avg) sold price
8
-11%
homes sold
37
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Disclosures
Building Permit, Building Plans Available, Soils Report, Rendering
Lot
LotAcreage: 0.155, LotSizeArea: 6,754
Miscellaneous
None
Property
ViewDescription: Hills, ViewYN: 1, Zoning: LAR1
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
