Description
Builders, Developers, and DIYers, this one's for you! Positioned in one of the most sought-after view corridors above the Sunset Strip, this property offers a rare chance for developers and builders to step directly into a high-value project with exceptional upside. With nearly 5,000 sq ft already taken down to the studs, the existing square footage significantly reduces construction cost per additional livable foot giving your team the ability to reimagine the space with efficiency and scale in mind. The home's pre-demo condition accelerates the build timeline by an estimated 36 months, removing the burden of early-phase demolition and allowing you to move straight into design, engineering, and execution. Set within an ultra-premium hillside vantage point, the property benefits from panoramic views that consistently support top-tier comps and elevated resale premiums in this micro-market. Zoned LAR1 and previously configured as a 5-bed, 6-bath residence, the layout provides a streamlined foundation for continuity, whether the final vision leans modern, architectural, or contemporary. The surrounding neighborhood remains in high demand among end-users seeking modern, turnkey homes strengthening both resale potential and long-term value. For builders looking to showcase craftsmanship or for developers wanting to deliver a statement property, this site stands out as a marquee opportunity. In a community known for its architectural expressions and record-breaking new construction sales, this project offers the perfect platform to create a standout custom estate with meaningful ROI. (All plans and permits are available.)
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5BEDS
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0.22ACRES
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6BATHS
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01/2 BATHS
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4,981SQFT
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$853$/SQFT
School Ratings & Info
Description
Builders, Developers, and DIYers, this one's for you! Positioned in one of the most sought-after view corridors above the Sunset Strip, this property offers a rare chance for developers and builders to step directly into a high-value project with exceptional upside. With nearly 5,000 sq ft already taken down to the studs, the existing square footage significantly reduces construction cost per additional livable foot giving your team the ability to reimagine the space with efficiency and scale in mind. The home's pre-demo condition accelerates the build timeline by an estimated 36 months, removing the burden of early-phase demolition and allowing you to move straight into design, engineering, and execution. Set within an ultra-premium hillside vantage point, the property benefits from panoramic views that consistently support top-tier comps and elevated resale premiums in this micro-market. Zoned LAR1 and previously configured as a 5-bed, 6-bath residence, the layout provides a streamlined foundation for continuity, whether the final vision leans modern, architectural, or contemporary. The surrounding neighborhood remains in high demand among end-users seeking modern, turnkey homes strengthening both resale potential and long-term value. For builders looking to showcase craftsmanship or for developers wanting to deliver a statement property, this site stands out as a marquee opportunity. In a community known for its architectural expressions and record-breaking new construction sales, this project offers the perfect platform to create a standout custom estate with meaningful ROI. (All plans and permits are available.)
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-08T16:29:56.433. 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 deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.