CURRENTLY OFF-MARKET – Located minutes off the Sunset Strip and a short drive up into the hills, this property sits on a largely flat and slightly sloping lot- perfect for development and unique in the hills!
The lot measures 8,782 sq ft and the plans call for a 3,622 sq ft home above grade with a 2010 sq ft basement. Complete with many amenities such as: 4 bedrooms, a den, a gym, a theatre, an entertainment room, a large roof top deck and an impressive infinity pool. The modern yet elegant design will be RTI in 30-60 days.
With an anticipated ARV of $1250 PPSF (a conservative number considering the closest comps is 1516 N Kings road at $1,434 PPSF) and a build cost of $2.2m, we believe a 32% ROI is attainable*. Please inquire for floor plans.
*This calculation is a basic price overview and is used for estimating purposes only. Sales price and expenses could change pending your own independent findings. No guarantee is made nor implied as to the accuracy of formulas therein