Studio City, CA 90068,3544 Multiview Drive
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Studio City, CA 90068,3544 Multiview Drive
Studio City, CA 90068,3544 Multiview Drive
Studio City, CA 90068,3544 Multiview Drive
Studio City, CA 90068,3544 Multiview Drive
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$ 6,500,000
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Active

3544 Multiview Drive Studio City, CA 90068

3.78 Acres Lot


UPDATED:

12/11/2024 12:36 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24223780

HOA Y/N No

Lot Size 3.780 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area Stud - Studio City

Zoning Residential

Interior

Fireplace No

Exterior

Community Features Valley

View Y/N Yes

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

Building

Lot Description 2-5 Units/Acre, Lot Over 40000 Sqft

New Construction No

Others

Senior Community No

Tax ID 2425015030

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Jonathon Williams • Segovia Real Estate Group • 747-279-8218

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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3544 Multiview Drive