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$3,795,000

Est. payment - /mo

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0.52 Acres Lot

Active

1510 N Tigertail RD Los Angeles, CA 90049

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25481421

HOA Y/N No

Lot Size 0.521 Acres

Property Description

BEST READY-TO-ISSUE (RTI) DEVELOPMENT OPPORTUNITY IN BRENTWOOD! DTLA, CENTURY CITY & OCEAN VIEWS! START BUILDING IMMEDIATELY AFTER CLOSING! Welcome to "The Brentwood Observatory", an exceptional development opportunity of a roughly 8500 sq ft organic modern masterpiece on a extremely privatized promontory lot on Brentwoods most desirable street with unobstructed jetliner views of DTLA, Century City, the Getty, the ocean, and mountains. Conveniently skip years of navigating the bureaucracies and complexity of LADBS and design review boards and move forward with the development of this epic estate that will be delivered with ready-to-issue (RTI) plans for the Buyer. With no surrounding neighbors to the property other than across the street given that the property is adjacent to city owned reservation land, this property contains unparalleled privacy. With several comps on Tigertail selling around $2000-$3000 price per square foot, this development opportunity has a potential valuation of NEARLY $20,000,000 once completed! Within close proximity to all the best restaurants, shopping, hiking trails, and schools that Brentwood has to offer. Truly a jaw dropping development opportunity that will be delivered Ready to Issue with millions in potential upside. For owner users or investors, the listing agent(s) development company Thornton Development Group can develop the home, consult for pricing.

Location

State CA

County Los Angeles

Area C06 - Brentwood

Zoning LARE15

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights, Mountain(s), Ocean, Panoramic

Building

New Construction No

Others

Senior Community No

Tax ID 4493024027

Special Listing Condition Standard

Listed by Oliver Thornton Hollywood Estates

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