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Development Site with Canyon Views – Bel Air, CA

ariel

THIS NEIGHBORHOOD IS HOT, HOT, HOT! There are nine development projects in just one block. One was just completed. Four are in progress, and four more are slated to break ground very soon. Developers are recognizing that this part of Bel Air offers a few limited opportunities to buy older, small mid-century ranches and redevelop them into a 4,000 sq’ contemporary homes. Recent sales of newish homes on the street have been for $1,200 and $1,400/sq’ with new construction reputedly coming to market at $2,000/sq’. This property will afford some visionary developer the opportunity to earn in excess of $1,000,000 in profit. Soon, these opportunities will be gone. Don’t look back six months from now and kick yourself for missing out.

Note: All interested parties are advised to independently verify the claims made herein, before investing any money.

$1.83 Million | 14,030 sq’ lot size | 1,978 sq’ tear down
Canyon View Lot

Sold!


RESIDENTIAL LEASE AREA: (4) Bel Air – Holmby Hills MAP: 591/H6 MLS# 14-757785 BR: 3
STYLE: Country French SUB: PUD: No YB: 1962 BA: 3.00
APN: 4377-020-004 SF/CA: SF HOD: $0.00 STORIES: 1 APX SF: 1,978/VN
UNIT LOC: N/A VIEW: Yes POOL: No #UNITS: 1 APX LSZ: 14,030/VN
EXP: N/A GH: None #FP: 3 FLR#: 1 PKGT: 2
BALC: N/A SALE: No LOP: No FUR: No #CVD PKG: 2
HORSE PROP: No OPT $: OPTT: PETS: Call SDEP: $2,500
ELEM: LASD JRHS: LASD SRHS: LASD COMPLEX 1200 Linda Flora Drive TERM: 1+Year,Negotiable

 

ROOMS: Breakfast Area,Dining,Living
AMENIT: Other
EQUIP: Barbeque
AIR: Central HEAT: Central
FLOOR: Carpet,Laminate,Other LAUNDRY: Garage
FIREPL: Exterior,Living Room,Master Bedroom ROOF: Shingle
POOL: None TENANT PAYS: Electric,Gas,Water
PARK: Direct Entrance,Door Opener,Garage TYPE: Single Family
VIEW TYPE: Canyon,City Lights WATERFRONT:
SEC: POSS:
SEWER: In Street SZONE: None
DISC: None SPA: None


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Listed with Drew de la Houssaye


Drew de la Houssaye is an associate with THE BROKERAGE Real Estate Group Beverly Hills. Drew specializes in westside luxury real estate, renovations and probate sales. He blogs on Westside real estate, entertainment and local events. If you would like to contact him, he can be reached via twitter, facebook, LinkedIn or email.

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