Active

3544 Multiview Drive

Studio City CA, 90068

$6,500,000


$39.48 per sqft

Active

3.78 Acres

Land

Listed by Jonathon Williams with Segovia Real Estate Group 747-279-8218

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.

SR24223780

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


Lot Features

2-5 Units/Acre, Lot Over 40000 Sqft

Other Property Details

Area Name

STUD - Studio City


Days on Market

4


Garage

No


View

Yes


View Description

City Lights, Hills, Landmark, Mountain(s), Neighborhood, Panoramic, Valley


County

Los Angeles


Pool

No


Zoning

Residential

Listing Contact: 818-668-8768 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 7:31 PM UTC

 

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