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2485 Jupiter Drive - MOUNT OLYMPUS DEVELOPMENT SITE
0.37 Acres of Residential Land Offered at $1,300,000 in Los Angeles, CA 90046
Investment Highlights
- Seller will carry First TD! Prime Mount Olympus Development Site!
- Survey and Soils report included in the price!
- Seller Financing Available! Owner will consider a Joint Venture!
- Preliminary Architectural Plans!
- 16,000+ Square Foot Lot!
Executive Summary
Buyer's to rely on their own due diligence and inspections with the proper professionals, city officials, regarding any future development on the subject property. Plans available upon request!
SELLER FINANCING AVAILABLE!!! OWNER MAY JOINT VENTURE!!!
Property Facts
| Price | $1,300,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.37 AC |
| Price | $1,300,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.37 AC |
1 Lot Available
Lot 34
| Price | $1,300,000 | Lot Size | 0.37 AC |
| Price Per AC | $3,472,834 |
| Price | $1,300,000 |
| Price Per AC | $3,472,834 |
| Lot Size | 0.37 AC |
The lot is an upslope lot from the sidewalk to the top of the property. It is rectangular in shape with 89 feet of street frontage. There are homes on both sides of the property. Utilities are in the street, buyer must verify.
Description
OWNER WILL CARRY FIRST TD! Welcome to the Mount Olympus area of Los Angeles. This property boasts a wide lot with a width of 89 feet between two existing single family residences. The 16,000+ upslope lot affords a builder a nice size blank canvas to construct a brand new luxury home in a prestigious Los Angeles neighborhood. The owner has a survey, soils report (coming soon), and preliminary architectural building plans for a modern style 3,331 square foot home with a separate but attached one bedroom, 869 square foot two-story ADU in the front part of the home. There are a total of 4 bedrooms plus 4.5 baths with a large sun deck on the main level and a pool in the rear of the property. A buyer can change the plans and relocate the pool to the front of the home on the second story sun deck if they wish. The buyer can get the plans approved with the city and start grading the lot and getting it ready for construction. Buyer's to rely on their own due diligence and inspections with the proper professionals, and city officials, regarding any future development on the subject property. Plans available upon request! SELLER FINANCING AVAILABLE!!! OWNER MAY JOINT VENTURE!!!
PROPERTY TAXES
| Parcel Number | 5569-015-057 | Improvements Assessment | $0 |
| Land Assessment | $520,200 | Total Assessment | $520,200 |
PROPERTY TAXES
zoning
| Zoning Code | RE11-1-HCR, RE15-1-H-HCR (Zoned for new single family home) |
| RE11-1-HCR, RE15-1-H-HCR (Zoned for new single family home) |
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Dan Drantch -
Rodeo Realty
Presented by
2485 Jupiter Drive - MOUNT OLYMPUS DEVELOPMENT SITE
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