$4,999,000 Price Analysis   ♡   Los Angeles, CA 90049 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.52 acre lot. Listed 2024-06-26, Taxes $17,156 | Ⓧ USDA Ineligible due to property near Los Angeles |
Welcome to The Brentwood Observatory
An exceptional development opportunity of a roughly 8500 sq ft organic modern masterpiece on a extremely privatized promontory lot on Brentwoods most desirable street with unobstructed jetliner views of DTLA, Century City, the Getty, the ocean and mountains. Conveniently skip years of navigating the bureaucracies and complexity of LADBS and design review boards and move forward with the development of this epic estate that will be delivered with ready-to-issue (RTI) plans for the Buyer. With no surrounding neighbors to the property other than across the street given that the property is adjacent to city owned reservation land, this property contains unparalleled privacy. With several comps on Tigertail selling around $2000-$3000 price per square foot, this development opp ortunity has a potential valuation of NEARLY $20, 000, 000 once completed!
Within close proximity to all the best restaurants, shopping, hiking trails and schools that Brentwood has to offer. Truly a jaw dropping development opportunity that will be delivered Ready to Issue with millions in potential upside. Constructin bid upon request.
Presented by Oliver Thornton at
Hollywood Estates.
Property MLS #24-397309 from TheMLSCLAW
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 22680
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: Use G.P.S or Waze.
Source Property Type: Land
Area: Brentwood
Source Neighborhood: Brentwood
Parcel Number: 4493-024-027
Postal Code Plus 4: 1431
Zoning: LARE15
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $1,442,794 $1,442,794 | $17,156 |
| 2021 | $unknown + $1,414,504 $1,414,504 | $16,950 |
| 2020 | $102 + $1,101,885 $1,101,987 | $13,550 |
| 2019 | $374,544 + $1,498,176 $1,872,720 | $22,318 |
| 2018 | $367,200 + $1,468,800 $1,836,000 | $22,246 |
| 2017 | $360,000 + $1,440,000 $1,800,000 | $21,761 |
| 2016 | $165,684 + $931,981 $1,097,665 | $13,348 |
| 2015 | $163,196 + $917,982 $1,081,178 | $13,153 |
| 2014 | $160,000 + $900,000 $1,060,000 | $13,205 |
| 2013 | $63,291 + $90,564 $153,855 | $2,165 |
| 2012 | $62,050 + $88,789 $150,839 | $2,192 |
| 2010 | $60,834 + $87,049 $147,883 | $2,161 |
| 2009 | $60,524 + $86,605 $147,129 | $2,083 |
| 2009 | $60,380 + $86,399 $146,779 | $2,083 |
| 2008 | $59,338 + $84,907 $144,245 | $2,003 |
| 2007 | $58,175 + $83,243 $141,418 | $1,939 |
$4,999,000
TheMLSCLAW
Listing removed 2022-02-04
$0
TheMLSCLAW
Relisted 2021-11-18
$3,500,000
TheMLSCLAW
Listing removed 2021-11-03
$0
TheMLSCLAW
Listed 2021-06-30
$4,000,000
TheMLSCLAW
Sold 2020-03-09
$1,400,000
TheMLSCLAW
Sold 2016-11-23
$1,800,000
TheMLSCLAW
Price Changed 2016-07-26
$2,000,000
TheMLSCLAW
Price Changed 2016-04-14
$2,500,000
TheMLSCLAW
Listed 2015-11-13
$3,000,000
TheMLSCLAW
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.