ALERT : Local and international investor prime opportunity** Build a beautiful Million dollar Home in the Heart of LA with an amazing view! This well located parcel in Los Angeles the neighborhood of Mt. Washington is near everything. Easy access to all freeways: 110, 5, 101, 10, 134, 210, provides for this High End Hillside Homes area with stunning views be highly desirable. Dodger's Stadium, Korea Town, Chinatown. Walt Disney Concert Hall, Echo Park, and many other Los Angeles communities are close by. Access to the parcel is in the city plans - the street is planned for the future development but not paved right now. Open land, zoned residential, single family LARE20. *This is a prime location the top of Mount Washington where the panoramic view reaches far and wide and can have an amazing build site. A housing census back to about 1998 mentioned that open virgin developing land in California will be obsolete in 15 to 20 years, were about there now..**As well, an excellent buy-and-hold! Low taxes and clean up, a decade+ from now this land will be just about priceless! **New build with good potential profit, depending on the type & size of project, maybe much more. (5bd+,3bt+,2carg,2/3 story) The comps in the area for "new homes" like this range between the 950k to 1.5M+ range. *Motivated seller but not forced to sell, open to a "make sense" offer. (cash preferred).
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Listing Courtesy ofPacific Cove Realty and Loan