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$ 2,250,000
Est. payment | /mo
3,227 SqFt
$ 2,250,000
Est. payment | /mo
3,227 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,227 sqft
Price per Sqft $697
MLS Listing ID 25626095
HOA Y/N No
Year Built 1941
Property Description
**ATTENTION DEVELOPERS** In the heart of Toluca Lake sits a rare development opportunity in one of the Valley's most coveted and supply-constrained neighborhoods. This four-unit property is surrounded by luxury new construction, high-end retail, and some of the strongest renter demand in Los Angeles. The site offers exceptional upside for builders and investors looking to create scale in a true A+ location.The sale includes fully prepared plans for a 24-unit development, offering a significant head start for any developer ready to move quickly. Properties with this level of entitlement and potential in Toluca Lake are extremely limited, making this an opportunity that is nearly impossible to replicate.
Location
State CA
County Los Angeles
Area Tul - Toluca Lake
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Covered, Carport
Building
Entry Level Two,Multi/Split
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2423023026
Special Listing Condition Standard
Listed by Jason Afriat The Agency