52,849 SF Lot • Build over 15,000 sq.ft. • Unlimited potential • $7,999,000
THE SUNSET STRIP: Nearly two miles of Sunset Boulevard pass through West Hollywood and it is also known as The Sunset Strip. Extending from West Hollywood’s eastern border with Hollywood at Crescent Heights Boulevard, to its western border with Beverly Hills at Doheny Drive, The Strip is highly coveted. The Hollywood Hills above The Sunset Strip is home to high-net-worth-individuals, A-list celebrities, Hollywood icons and features some of the most architecturally significant homes in southern California. Embracing top-tier boutiques, private members only clubs, restaurants, and famous hotspots while also offering exclusivity, The Sunset Strip remains the most highly sought-after locations still within reach of all the culture that the city has to offer.
Unique opportunity in the highly coveted Sunset Strip location on over 1.2 acres featuring jaw-dropping views stretching from Downtown LA to the Pacific Ocean. Here is your chance to develop an iconic Hollywood Hills estate capturing the grandeur and beauty of unobstructed views on a private cul-de-sac. Unlike neighboring homes, this location is situated on a wide, well-paved street with sidewalks and buried powerlines. Wake up to the silhouette of downtown behind the rising sun and entertain guests at night while floating high above the twinkling lights of LA. Be one of the elite few, only 25 homes in 90069 offer a lot this magnitude. Exclusively located, this property offers unlimited possibilities to create an envy-inducing resort-style compound unlike anything else in L.A.
PROPERTY FEATURES:
unobstructed jetliner views of downtown los angeles, catalina island and the pacific ocean
- 8408 Hillside Dr., - nearby new construction, sold $35,500,000 For more info., click HERE
unique private promontory overlooking the city of l.a.
new construction build potential measuring over 15,000 square feet
three, impressive, over-sized lots combined measuring over 52,800 square feet
- largest lot on the street
- 233 feet of street frontage
- buried power lines so no views are obstructed
private cul-de-sac street with sidewalks and explosive views
- almost all the homes on the street are being completely remodeled
minutes from the sunset strip
unlimited potential in prime hollywood hills location
total of 2,412 homes in 90069, this is your exclusive opportunity to own one of twenty-five properties with a lot of this magnitude
the best of everything l.a. has to offer at your fingertips
AREA COMPARABLES:
8408 Hillside Ave., Los Angeles, CA 90069
New construction, 5BD/9BA, 20,058 sq.ft., 22,255 sq.ft. lot
Sold 12/12/2019: $35,500,000
8201 Bellgave Pl., Los Angeles, CA 90069
Teardown on 23,307 sq.ft. lot (300 feet away from 1854 N. Crescent Heights)
Sold: $9,200,000
1415 Devlin Dr., Los Angeles, CA 90069
*Developed into 7BD/10BA, 12,000 sq.ft., 46,465 sq.ft. lot
Sold: $31,500,000
$2,625 sold price per square foot
1894 N. Stanley Ave., Los Angeles, CA 90046
*Developed into 5BD/7BA, 10,700 sq.ft., 15,585 sq.ft. lot
Sold: $33,000,000
$3,084 sold price per square foot
1625 Woods Dr., Los Angeles, CA 90069
12,838 sq.ft. lot
Sold: $6,200,000
*Developed into 4BD/6BA, 6,733 sq.ft.
Sold: $14,675,000
To access property reports, please use link below:
https://www.dropbox.com/sh/2kmd5qf6a25p5wd/AADRykIxFNCQPStW32UDOnnma?dl=0
