7
See all 7 photos
$254,000
Est. payment /mo
2,501 Sqft Lot
Active
8536 Lookout Mountain Ave Los Angeles, CA 90046
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25538279
Lot Size 2,501 Sqft
Acres 0.0574
Property Description
Investor/Developer Special: RTI Plans for Dual New Construction in Prime Laurel Canyon. Incredible opportunity for developers or investors in the heart of LaurelCanyon -- two contiguous lots at 8534 & 8536 Lookout Mountain Ave (APNs 5562-001-014 & 5562-001-015) with plans currently under plan check with LADBS for twothoughtfully designed 1,406 sq ft single-family homes. Final clearances and approvals are anticipated in the coming months. Significant groundwork has already beencompleted, including soil and geotechnical reports, helping reduce both time and soft costs for the next owner. A licensed contractor has provided a preliminary bid ofapproximately $975,000 to complete both homes up to the drywall stage, including all site preparation and structural work -- offering a cost-efficient path to construction.Each home has been individually designed with modern functionality and architectural appeal, and future plans include the potential for a junior ADU in each, allowing foradded flexibility and income potential. Comparable sales in the area suggest an estimated after-build value of approximately $1.5 million per home. Buyers and agents areencouraged to conduct their own due diligence and run independent comps to verify projected values. Ideally located just minutes from Sunset Blvd and within the highlyregarded Wonderland School District, this is a unique opportunity to develop in one of Los Angeles' most desirable hillside communities, known for its character, privacy,and strong end-user demand. Whether you're looking to build and sell, hold as premium income-producing assets, or create a personal compound, this is a rare chance toacquire a nearly shovel-ready project in an iconic canyon setting.
Location
State CA
County Los Angeles
Area Sunset Strip - Hollywood Hills West
Zoning LAR1
Exterior
View Y/N Yes
View Hills, Canyon
Building
Lot Description 2-4 Lots
Sewer In Street
Water In Street
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Carolwood Estates