6,398 sq.ft. Vacant Lot (APN: 5562016005), Los Angeles, R1-1 LOT. Unobstructed stunning jetliner views from to the ocean. Solid Bedrock hillside to design/Develop an estimated FAR of approximately 3,200 square feet+ based on current/pending BHO guidelines. One of the last remaining prime view/site parcels of raw land. A recently paved private drive leads to your parcel that sits beside the most expensive real estate on The Sunset Strip and only minutes to the Beverly Hills Hotel and Beverly Hills City Center. Cost of construction and loan approximately $2,005,000. Potential Gross Profit approximately $2,350,000. Two great comps beside subject property: 8800 Appian Way sold for $7.325M and TAG FRONT designed home, 8790 Appian Way pending sale for $7,998,000.
