Listing provided courtesy of Jonathon Williams of Segovia Real Estate Group. Last updated 2024-11-22 09:21:39.000000. Listing information © 2024 Sandicor.
Asking Price: $6,500,000 |
3544 Multiview Drive, Studio City CA 90068
Community: STUD - Studio City
This property was built in 0 and is priced at $6,500,000. Please see the additional details below.
Three Extraordinary Options in Hollywood Hills – Unmatched Investment Opportunity
This rare, prime parcel in the Hollywood Hills offers sweeping 180-degree views and is subdivided into five distinct APNs, presenting a unique opportunity for developers or investors. Situated in the coveted Universal City area, this property is primed for a signature development project in one of Los Angeles’ most prestigious neighborhoods.
Summary: Three Investment Options
Purchase the Entire Parcel: Own all five subdivided lots (totaling 3.78 acres) for $6,500,000, a truly remarkable value for this location.
Develop Four Luxury Homes: Utilize the five lots to create a collection of high-end residences that will appeal to buyers seeking exclusivity and panoramic views in Hollywood Hills.
Fund the Luxury Estate Construction: For those interested in financing, participate in the construction and development of a luxury estate within this high-demand area.
Property Breakdown
Each lot offers expansive space and is nearly RTI (Ready to Issue), streamlining the approval process for ambitious development projects:
APN 2425-015-030: 23,191 sq ft (0.53 acres)
APN 2425-015-031: 20,638 sq ft (0.47 acres) – Ideal for a communal amenity, such as a pickleball or tennis court
APN 2425-015-032: 38,037 sq ft (0.87 acres)
APN 2425-015-033: 40,105 sq ft (0.92 acres)
APN 2425-015-034: 42,766 sq ft (0.98 acres)
Endless Development Potential
Imagine creating a secluded, private enclave or individual luxury residences, each with iconic views and unmatched Hollywood Hills allure. With nearly RTI approvals and a prime location, this property combines substantial lot sizes, a favorable approval status, and community appeal for a once-in-a-lifetime development opportunity.
Don’t miss the chance to secure your place in the legendary Hollywood Hills. This is an exclusive investment for visionary developers looking to make a lasting impact in LA’s luxury real estate market.