3544 Multiview Drive
Studio City, CA 90068
3.78 acres | #SR24223780
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.
Property Details
- ViewCityLights, Hills, Landmark, Mountains, Neighborhood, Panoramic, Valley
- Lot DescriptionTwoToFiveUnitsAcre, LotOver40000Sqft
- CountyLos Angeles
- Original List Price$6,500,000
- MLS #SR24223780
- MLS #SR24223780
- Property TypePurchase
- Cost6500000
- Acres3.78
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jonathon Williams (#SR207072150)
Listing Office: Segovia Real Estate Group (#SR2827003)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.