$ 2,999,995
-
$2,999,995
Price -
2
Bed -
1
Bath -
1,000
SqFt -
0.37
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-X83391 - CLW-X47969,CLW-C110249
"Almost RTI READY" OR KEEP EXISTING COTTAGE AS AN INVESTMENT OPPORTUNITY. Prime Hollywood Hills Development & Investment Opportunity with Iconic Hollywood Sign Views. Rare opportunity in a prime Hollywood Hills location offering tremendous flexibility for a developer, investor, or owner-user. After approximately six years of planning and entitlement work, the property is anticipated to be RTI (Ready to Issue) in approximately 2 to 3 months for a stunning modern residence that is approx 4,800 sq ft with 5 bed & 6.5 baths designed to take advantage of spectacular views of the iconic Hollywood Sign, city lights, and surrounding mountains. Situated on a beautiful gated corner lot of approximately 16,000 square feet, the property currently features a completely updated 2 bedroom and 1 bath Cottage approximately 850-square-foot, with an open kitchen, breakfast bar, cozy family room and cool dining area , clean contemporary interiors, private backyard, and expansive driveway. A separate small unit provides additional flexibility. Parking for tons of cars. Together, the existing improvements have previously generated approximately $10,000 per month in rental income, creating a compelling opportunity to hold as an investment property while preparing for future development. The property may also appeal to buyers considering a 1031 exchange.Adding to the opportunity, the seller is open to selling the adjacent approximately separately which is 6730 Mulholland which features13,000-square-foot lot for $695,000, providing the potential to acquire nearly 29,000 square feet of combined land. The adjacent parcel is offered as an additional development potential. Ideally located on Mulholland Drive with convenient access to the Hollywood Bowl, Runyon Canyon, Universal City, major freeways, studios, dining, entertainment, and everything Hollywood has to offer. Opportunities combining a prime Hollywood Hills location, substantial lot, existing income, iconic views, and a sophisticated modern project approaching RTI status are exceptionally rare in this location.
Listing Highlights for 6744 Mulholland Dr
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Laminate
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 204x77
- Zoning: LARE15
- Roof:
- Others:
- Sewer:
- Parking Features: Controlled Entrance,Driveway,Guest
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5549002002
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
6744 Mulholland Dr Los Angeles, CA 90068
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
