0 Vedado Avenue 2384024009
Studio City, CA, 91604
$1,650,000
Beds
0 Baths
SqFt
13.27 Acres
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Spectacular 13-acre development opportunity nestled in the scenic hills of Studio City, offering a rare chance to create a private estate or utilize a plan furnished by the reputable and highly experienced Sikand Engineering Firm to subdivide into as many as four single-family homes. Currently zoned as Residential Estate (RE40-1-H) with a minimum lot size of 40,000 square feet, this property falls within the Mulholland Scenic Parkway, preserving the natural beauty of the area. The majestic setting offers sweeping panoramic views of canyons, mountains, and city lights, surrounded by native vegetation and local wildlife. The property is private yet accessible, with easy access to the freeway, the Westside, Scenic Mulholland Drive, Harvard-Westlake, award-winning schools, and major studios. One entrance is adjacent to 3969 Alta Mesa Dr, and another can be constructed to Coldwater Canyon with an interested owner adjacent to the north western edge of the property.
If building four single family homes, the design standards allow for a front yard of up to 25 feet (20% of lot depth), 10-foot side yards, and rear yards up to 25% of lot depth, with a maximum building height of 36 feet depending on roof slope. Parking requires two covered spaces per dwelling. The engineers have proposed either a four-home subdivision or the construction of a grand estate, with the Baseline Hillside Ordinance allowing up to 117,162 square feet of residential floor area if building one large estate and guest house. Included in the listing are site studies, completed slope band analysis and boundary surveys, as well as architectural plans for a 10,700 sq. ft. estate featuring 6 bedrooms, 8 bathrooms, a 1-bedroom guest house, entertainment areas, a 7-car garage, gym, bar/lounge, outdoor terraces, and a swimming pool. The hillside designation permits grading allowances of up to 3,300 cubic yards, and CEQA compliance will be required due to the presence of protected trees and wildlife.
As one of the largest parcels surveyed near such a densely populated area, this property offers unmatched privacy, natural beauty, and incredible development potential.
LISTING AGENT: Mona Golastani
LISTING BROKERAGE: RE/MAX One
0 Vedado Avenue 2384024009
Studio City, CA

Property Details

Price:
$1,650,000
MLS #:
SR24204466
Status:
Active
Baths:
0
Address:
0 Vedado Avenue 2384024009
Type:
Land
Neighborhood:
studstudiocity
City:
Studio City
Listed Date:
Oct 2, 2024
State:
CA
ZIP:
91604
Lot Size:
577,933 sqft / 13.27 acres (approx)
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Exterior

Community Features
Mountainous, Rural
Lot Features
Lot Over 40000 Sqft
Sewer
None
View
Mountain(s), Panoramic
Water Source
None

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Association Fee
0.00
Utilities
None

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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