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.
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.
PROPERTY FACTS
| Price | $599,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.75 AC |
1 LOT AVAILABLE
Lot
| Price | $599,000 |
| Price Per AC | $798,666.67 |
| 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.
1 of 1
PROPERTY TAXES
| Parcel Number | 5580-003-034 | Improvements Assessment | $0 |
| Land Assessment | $128,283 | Total Assessment | $128,283 |
ZONING
| Zoning Code | LAR1 (Single family home, standard residential area.) |
