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2561 Glen Green St - Ocean View Hollywood Hills RTI Lot

0.75 Acres of Residential Land Offered at $599,000 in Los Angeles, CA 90068

Investment Highlights

  • Just steps to world-renown restaurants, entertainment, and nightlife.
  • Distance to: Downtown LA, 6.5 MI | The Grove, 5 MI | Los Angeles International Airport, 25 MI | Santa Monica Pier, 23 MI | SoFi Stadium 18 MI
  • Los Angeles City Population: 3.822 million
  • Beautiful hiking and nature trails throughout the Hollywood Hills within walking distance of the property.
  • Excellent schools all within 2 miles of the subject location.
  • Median Hollywood Hills Household Income: $121,555

Executive Summary

Offering Summary:
Located within one of the most desirable neighborhoods in the United States, Hollywood Hills, this fully-entitled hilltop residential land parcel will surely be the canyon's crown. Development plans have been approved by the LA Department of Building & Safety with ready-to-issue permits to begin construction immediately. This exclusive Hollywood Hills estate parcel provides privacy and unprecedented views of Hollywood, Downtown LA, The Pacific Ocean, The Hollywood Sign, and Catalina Island. This offering is an excellent opportunity to build and create within this world-renown neighborhood.
Property Highlights:
±0.75-Acre Parcel with professionally surveyed buildable square foot (BSF) area of 10,000 sq/ft.
Street access from Glen Green St via Permanent Private Driveway Easement.
We are fully entitled with comprehensive engineering and environmental reports approved by the LA Department of Building and Safety (See documents).
Existing development plans can be improved and customized to specific interests.

Attachments

471 Flyer

Property Facts

Price $599,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.75 AC

1 Lot Available

Lot

Price $599,000
Price Per AC $798,667
Lot Size 0.75 AC

32,670 SF Stone Foundation lot. 10,000 SF build square foot per engineering/topographical report. Permanent Driveway Easement providing access to Glen Green St.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5580-003-034
Land Assessment
$128,283
Improvements Assessment
$0
Total Assessment
$128,283

zoning

Zoning Code LAR1 (Single family home, standard residential area.)
LAR1 (Single family home, standard residential area.)
  • Listing ID: 32237540

  • Date on Market: 2/8/2022

  • Last Updated:

  • Address: 2561 Glen Green St, Los Angeles, CA 90068

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