Listing Agent: Monica S. Barragan      Broker/Office: Sotheby's International Realty
8207 Mulholland Drive Los Angeles CA 90046
$ 14,000,000
  10   |    7   |    6124 Sq Feet

Listing ID

#26862191

Status

Active

Property Type

Single Family Residence

Property Style

Spanish

County

Los Angeles

Year Built

1961

Lot Size

3

Days on website

3

Description
LUXURY PROPERTY AUCTION: 19 AUGUST3 SEPTEMBER. Accepting Starting Bids Through 18 August. Starting Bids Expected Between $4.5M$6.5M. Earn an incentive by 18 August. A rare development opportunity emerges along one of Los Angeles's most recognizable addresses: a 3.4-acre assemblage comprising nine separate legal lots on Mulholland Drive in the Hollywood Hills. The mountain ridge site delivers 180-degree views, with peek-a-boo views of Los Angeles and Century City. One portion of the property offers a ground-up building opportunity, while the three remaining structures present potential for remodel, expansion, or demolition and rebuild. An existing internal roadway and dual points of access from both Mulholland Drive and Mulholland Terrace already connect the site. Three homes and two pools currently occupy the land, offering income or interim use during entitlement and design. For a builder or investor, this assemblage represents a rare basis to acquire scale on one of Los Angeles' most storied streets.
Location
Financial Information
List Price:  $ 14000000
Property Features
Community Features:  Gated
Furnished:  Unfurnished
Heating:  Central
Parking Features:  Guest, Private
Pool Features:  Fenced
Senior Community YN:  false
View:  Canyon, Hills, Pool
Senior Community YN:  false
MLS Area Major:  C03 - Sunset Strip - Hollywood Hills West
City:  Los Angeles
Listed By:   Monica S. Barragan   Sotheby's International Realty 
CA Lic#