$480,000
4849 -4853 Mount Royal DR Los Angeles, CA 90041
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$480,000
Est. payment /mo
9,770 Sqft Lot
Price Dropped by $70K
4849 -4853 Mount Royal DR Los Angeles, CA 90041
UPDATED:
10/18/2024 05:51 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24194232
HOA Y/N No
Lot Size 9,770 Sqft
Acres 0.2243
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 LAR1
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N Yes
View Canyon, Hills, Panoramic
Building
Lot Description Sloped Down
Water Public
New Construction No
Others
Senior Community No
Tax ID 5689011008
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Negar Sheikhtaheri • Coldwell Banker Realty • 949-491-2925
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