8534 Lookout Mountain Avenue
Los Angeles, CA 90046
0.06 acres | #25538311
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.
Property Details
- ViewCanyon, Hills
- CountyLos Angeles
- Lot DescriptionSlopedUp
- Property TypePurchase
- Original List Price$254,000
- MLS #25538311
- MLS #25538311
- Acres0.0591
- Cost254000
- Sewer InformationOther
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Cerecedes (#CLW-C142963)
Listing Office: Carolwood Estates (#CLW-X83363)
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