Description
ATTENTION DEVELOPERS & INVESTORS: HUGE Development Opportunity in Holmby Hills across from Holmby Park! Lot is over an acre with the potential to subdivide into 2 lots. On the upper portion of the lot is a 3 story 6,700 s.f. Monterey Spanish with attached 3 car garage -- great bones but needs TLC: original tile in bathrooms and kitchen, peg & groove hardwood floors plus marble floors, curved marble staircase in formal entry, arched doorways, and coved ceilings throughout. 2nd. story front facing covered balcony, and huge basement with a finished pine paneled den and fireplace. The lower portion of the lot is an orchard with an old greenhouse. Potential Buyer must enter into a Lease/Lease Option Agreement during their due diligence process. Buyer must cooperate with Seller's 1031 Exchange at no cost or liability to Buyer. Contact Listing Agent #2 for details. Shown by appointment only - 24 hour notice.
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5BEDS
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1.11ACRES
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4BATHS
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11/2 BATHS
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6,700SQFT
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$1,478$/SQFT
School Ratings & Info
Description
ATTENTION DEVELOPERS & INVESTORS: HUGE Development Opportunity in Holmby Hills across from Holmby Park! Lot is over an acre with the potential to subdivide into 2 lots. On the upper portion of the lot is a 3 story 6,700 s.f. Monterey Spanish with attached 3 car garage -- great bones but needs TLC: original tile in bathrooms and kitchen, peg & groove hardwood floors plus marble floors, curved marble staircase in formal entry, arched doorways, and coved ceilings throughout. 2nd. story front facing covered balcony, and huge basement with a finished pine paneled den and fireplace. The lower portion of the lot is an orchard with an old greenhouse. Potential Buyer must enter into a Lease/Lease Option Agreement during their due diligence process. Buyer must cooperate with Seller's 1031 Exchange at no cost or liability to Buyer. Contact Listing Agent #2 for details. Shown by appointment only - 24 hour notice.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-04-01T23:42:58.107. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.