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$ 2,990,000
Est. payment /mo
Price Dropped by $5K
2686 Zorada DR Los Angeles, CA 90046
2.71 Acres Lot
UPDATED:
12/05/2024 05:31 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24453317
HOA Y/N No
Lot Size 2.707 Acres
Property Description
REDUCED $1,000,000. SUBMIT ALL OFFERS! Introducing a Rare Hollywood Hills Development Opportunity. Nestled in the heart of the coveted Hollywood Hills, 2674, 2678, 2684, 2686 Zorada Drive offers an extraordinary opportunity to create four luxury homes, each on its own parcel, across a sprawling 2.7 acre site. Situated on a private gated street, this exclusive development boasts breathtaking south-facing views of the city skyline and Los Angeles landscape.The approved plans for these modern estates envision sophisticated, contemporary designs, each featuring over 8,600 square feet of living space. Highlights include floor-to-ceiling glass walls for abundant natural light, expansive terraces perfect for entertaining, and sleek infinity-edge pools that blend seamlessly with the panoramic vistas. 2686 Zorada has is Mulholland Design Review Board approved and nearing Ready to Issue (RTI) status, providing a smooth path to construction. Located in the prestigious Lower Mount Olympus area, these homes will offer unparalleled privacy, while being just moments away from world-class dining, shopping, and entertainment. Seller financing is available at 4%, making this an even more attractive investment for those looking to bring their development vision to life. Seller financing terms: $2M down at 4% interest only for 2 years, balloon payment at the end. Don't miss this rare opportunity to shape the landscape of the Hollywood Hills with a premier project that defines luxury and exclusivity.
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning LARE11
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights, Canyon, Hills
Building
Lot Description Sloped Up
Water Public
New Construction No
Others
Senior Community No
Tax ID 5569020049
Financing Cash
Special Listing Condition Standard
Listed by Shawn S. Kormondy • Keller Williams Beverly Hills