3544 Multiview Drive Active Save Request In-Person Tour Request Virtual Tour
Studio City,CA 90068
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24223780
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
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
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard