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1871 Marcheeta Place Los Angeles, CA 90069

$10,500,000

This sprawling blue-chip site of approximately 1.3 acres is mostly flat and positioned at the end of a quiet cul-de-sac in the coveted Doheny Estates. Rarely do land opportunities with this amount of flat area become available, especially in such an exclusive, world-class location. The massive site was previously two parcels thereby giving a buyer flexibility to explore untying the property back to two parcels to develop two homes, or build on the current parcel. There is a home on the property which could serve as a rental to defray carry costs while a buyer obtains entitlements and permits. Truly a unique, one-of-a-kind opportunity in an A+ location, perfect for either an end-user or developer to create Los Angeles' next showcase estate. Red boundary lines are approximations and may not reflect precise property lines.

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Community Explore Hollywood Hills Real Estate

Nestled in the southeast Santa Monica Mountains and flanked by the famous Hollywood sign is the Hollywood Hills. Among the most distinctive residential neighborhoods in Los Angeles, this iconic destination has constantly seen growing interest from luxury investors because of its privacy, laid-back atmosphere, diverse property selection, and easy access to Griffith Park and the Hollywood Reservoir. Hollywood Hills real estate continues to be among the most sought after in LA’s luxury real estate market.

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