Perched atop a sprawling, gated hillside, this quaint mid-century cottage offers charm and serenity on a grand scale. This completely private one-bedroom, one-bathroom property boasts a unique and rare opportunity. With a tentative tract map for a 10-lot subdivision, and up to potential 14 lots ranging from 17,000 to 20,000 square feet, this property offers a blank canvas for a variety of development possibilities for a savvy investor or developer to create a bespoke community in this coveted locale. There is also a possibility of further development with the current ADU ruling regarding ADU separate partial splits. Situated adjacent to the iconic "Sinatra Estate", this property offers a unique marketing angle, with the potential to market it as an exclusive architectural enclave. With the right design package, this property could become a sought-after destination for those seeking a blend of luxury and privacy.
24361761
Single Family, Bungalow, 1 Story
1
Los Angeles
1 Full
1951
9.56
Acres
1
1,019
Sq. Ft.
Bathrooms
1
Total:1
Detailed Room Information
- Bedroom(s)
- Total: 1
- Laundry
- None
Interior Features
- Appliances
- Refrigerator
- Cooling
- Central Air
- Heating
- Other. Forced Air.
- Common Walls
- No Common Walls
- Fireplaces
- Living Room.
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. Driveway.
- Pool
- InGround
- Pool Description
- In Ground
- Spa
- None
- Lot View
- Mountain, City, Valley
- Zoning
- LARA
Financial Considerations
2727021021
Arrows indicate 90 day trend
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