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$ 480,000
Est. payment /mo
Price Dropped by $70K
4849 -4853 Mount Royal DR Los Angeles, CA 90041
9,772 Sqft Lot
UPDATED:
10/18/2024 05:58 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24194232
Originating Board California Regional MLS
Lot Size 9,772 Sqft
Property Description
Calling ALL DEVELOPERS and INVESTORS! This unique offering consists of 5 contiguous lots, totaling 9,772 sqft in the highly sought-after Eagle Rock neighborhood of Los Angeles. Privacy, breathtaking panoramic views, and urban convenience define this prime development opportunity. The property is ready for construction, pending ZAD approval from the City. The owner, a skilled architect, has already tackled the preliminary work, with sidewalk widening and bridge permits prepared for filing upon ZAD approval. Architectural plans are available for a stunning 3,560 sq ft, four-story single-family residence featuring 3 bedrooms, 3.5 bathrooms, a covered two-car garage, a POOL and ADU. Each floor is designed with its own private entrance, maximizing the property's potential for both luxury living and rental income. Located near Occidental College, this is an excellent investment opportunity with immense potential.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Zoning DNS
Exterior
View Hills, Panoramic, Canyon
Building
Lot Description Grade - Sloped Down
Water District - Public
Others
Tax ID 5689011008
Special Listing Condition Not Applicable
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Listed by Negar Sheikhtaheri • Coldwell Banker Realty