8534 Lookout Mountain Avenue, Los Angeles, CA 90046
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
8534 Lookout Mountain Avenue,Los Angeles, CA 90046
$254,000
- 0.06 Acres
- Lots / Land
- Active
Listed by:daniel cerecedes
Office:carolwood estates
MLS#:CL25538311
Source:CA_BRIDGEMLS
Price summary
- Price:$254,000
About this home
Investor/Developer Special: RTI Plans for Dual New Construction in Prime Laurel Canyon. Incredible opportunity for developers or investors in the heart of Laurel Canyon -- two contiguous lots at 8534 & 8536 Lookout Mountain Ave (APNs 5562-001-014 & 5562-001-015) with plans currently under plan check with LADBS for two thoughtfully designed 1,406 sq ft single-family homes. Final clearances and approvals are anticipated in the coming months. Significant groundwork has already been completed, including soil and geotechnical reports, helping reduce both time and soft costs for the next owner. A licensed contractor has provided a preliminary bid of approximately $975,000 to complete both homes up to the drywall stage, including all site preparation and structural work -- offering a cost-efficient path to construction. Each home has been individually designed with modern functionality and architectural appeal, and future plans include the potential for a junior ADU in each, allowing for added flexibility and income potential. Comparable sales in the area suggest an estimated after-build value of approximately $1.5 million per home. Buyers and agents are encouraged to conduct their own due diligence and run independent comps to verify projected values. Ideally located just minutes from
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Home facts
- Listing ID #:CL25538311
- Added:139 day(s) ago
- Updated:October 03, 2025 at 02:42 PM
Rooms and interior
- Living area:2,576 sq. ft.
Structure and exterior
- Building area:2,576 sq. ft.
- Lot area:0.06 Acres
Finances and disclosures
- Price:$254,000
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