Los Angeles, CA 90046,8536 Lookout Mountain Avenue
Los Angeles, CA 90046,8536 Lookout Mountain Avenue
Los Angeles, CA 90046,8536 Lookout Mountain Avenue
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$254,000
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2,501 Sqft Lot
Active

8536 Lookout Mountain Avenue Los Angeles, CA 90046

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25538279

HOA Y/N No

Lot Size 2,501 Sqft

Acres 0.06

Property Sub-Type Unimproved Land

Property Description

Investor/Developer Special: RTI Plans for Dual New Construction in Prime Laurel Canyon. Incredible opportunity for developers or investors in the heart of LaurelCanyon -- two contiguous lots at 8534 & 8536 Lookout Mountain Ave (APNs 5562-001-014 & 5562-001-015) with plans currently under plan check with LADBS for twothoughtfully designed 1,406 sq ft single-family homes. Final clearances and approvals are anticipated in the coming months. Significant groundwork has already beencompleted, including soil and geotechnical reports, helping reduce both time and soft costs for the next owner. A licensed contractor has provided a preliminary bid ofapproximately $975,000 to complete both homes up to the drywall stage, including all site preparation and structural work -- offering a cost-efficient path to construction.Each home has been individually designed with modern functionality and architectural appeal, and future plans include the potential for a junior ADU in each, allowing foradded flexibility and income potential. Comparable sales in the area suggest an estimated after-build value of approximately $1.5 million per home. Buyers and agents areencouraged to conduct their own due diligence and run independent comps to verify projected values. Ideally located just minutes from Sunset

Location

State CA

County Los Angeles

Zoning LAR1

Interior

Fireplace No

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View Canyon, Hills

Building

New Construction No

Others

Tax ID 5562001015


Bridge MLS
Listed by Daniel Cerecedes • Carolwood Estates

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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8536 Lookout Mountain Avenue