Active
3544 Multiview Drive
STUDIO CITY CA, 90068
$6,500,000
$39.48 per sqft
Active
3.78 Acres
Land
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.
SR24223780MR
MLSⓇ ID
October 29, 2024
Listed
November 22, 2024
Updated
Map
3544 Multiview Drive
STUDIO CITY CA, 90068
Exterior/Building Features
Lot Size
3.78 Acres
Other Property Details
Area Name
Studio City
Days on Market
4
Garage
No
View
Yes
View Description
City Lights, Hills, Landmark, Panoramic, Valley
County
Los Angeles
Pool
No
Zoning
Residential
Listed by Jonathon Williams with Segovia Real Estate Group
Listing Contact: 747-279-8218
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barry Gray & Associates | CA DRE #01358622 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024