Purchase this land to build a $3.5M single-family home in Studio City. RTI plans will be offered with the sale of the property. The following items are currently available for review: architectural plans, structural engineering plans, civil engineering plans, landscape plans, LID plans, Title 24 plans, survey, arborist report, geotechnical report, biologist report, and MSP package. Plans were submitted prior to the recent Green Code change and are currently in the entitlement process. Current CMA stipulates a potential $3.5M sale for a 4,695 sq.ft single-family home with 4-bedrooms, 4.5-bathrooms, 4-car attached garage, with a spa, lounge, roof deck, and ADU. A net +$1M profit is anticipated for any potential developer.

Location

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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."

Updated: 29th November, 2023 7:22 AM (UTC)

Listing Agent: Byron Valencia

Listing Office: BrightLight Realty