Active
3544 Multiview Drive
Studio City CA, 90068
$6,500,000
$39.48 per sqft
Active
3.78 Acres
Land
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.
SR24223780
MLSⓇ ID
October 29, 2024
Listed
November 2, 2024
Updated
Map
3544 Multiview Drive
Studio City CA, 90068
Exterior/Building Features
Lot Size
3.78 Acres
Lot Features
2-5 Units/Acre, Lot Over 40000 Sqft
Other Property Details
Area Name
STUD - Studio City
Days on Market
4
Garage
No
View
Yes
View Description
City Lights, Hills, Landmark, Mountain(s), Neighborhood, Panoramic, Valley
County
Los Angeles
Pool
No
Zoning
Residential
Listed by Jonathon Williams, Segovia Real Estate Group, CA DRE 02220679
Listing Contact: 747-279-8218
Based on information from the CRISNet MLS as of 11/2/2024, 11:20 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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