This is two parcels, 2381-006-012 and 2381-006-013 totaling about 146,993 sf, or about 3.38 acres. Picturesque land surrounded by multimillion dollar homes. Preliminary feasibility study shows up to 8 homes can be built here. Large sections of the land are flat and buildable. One of the last remaining true development opportunities nearby. A savvy builder can yield a significant return if they know how to deal with building in the area. Average new construction homes in this neighborhood sell for $3M. Land can accommodate 8 homes by right, and 7 homes comfortably. Homes and utilities already built North, South and East of this property.
|Lot Square Feet||≈ 146,993|
|Area||STUD - Studio City|
|Listing Brokerage||TruLine Realty|
|Listing Agent||Sierus Erdelyi|
|Listing Agent BRE #||01920782|
Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, June 21, 2017.
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