Listing by: Jonathon Williams, Segovia Real Estate Group, 747-279-8218

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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.

Property Details
Price $6,500,000
Lot Size Area 164656
Lot Size Area Units Square Feet
Acres 3.78
Property Type Land
Exterior Features Valley
View City Lights,Hills,Landmark,Mountain(s),Neighborhood,Panoramic,Valley
Lot Description 2-5 Units/Acre,Lot Over 40000 Sqft
Association Fee 0
Geographic Data
Directions South on Cahunega W, take a right onto Multiview Drive, follow to location.
County Los Angeles
Latitude 34.130016
Longitude -118.359963
Market Area STUD - Studio City
Address Information
Address 3544 Multiview Drive, Studio City, CA 90068
Postal Code 90068
City Studio City
State CA
Country United States
Listing Information
Listing Office Segovia Real Estate Group
Listing Agent Jonathon Williams
Listing Agent Phone 747-279-8218
Attribution Contact 747-279-8218
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
Virtual Tour URL https://www.wellcomemat.com/mls/561j06313d501lt3i
MLS Information
Days on market 4
MLS Status Active
Listing Date Oct 29, 2024
Listing Last Modified Nov 2, 2024
Tax ID 2425015030
MLS Area STUD - Studio City
MLS # SR24223780

This information is believed to be accurate, but without any warranty.
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