Description

Spectacular building sites on the Durand Drive ridgeline in Beachwood Canyon. The property consists of 6 contiguous lots (1.57 acres, 68,250 SF, separate APN's) with excellent views of the Hollywood sign, Lake Hollywood Reservoir, and Downtown Los Angeles. Downsloped from the street for a truly spectacular hillside custom home project with an extensive amount of land, rare for the Hollywood Hills. The entry lot has a flat area at the street level; homes on either side are in the multi-million dollar price range. This is a rare opportunity to build a large view home or multiple homes with plenty of land for gardens, trails, a dream compound within the scenic and famous Hollywood Hills. The views and exquisite natural surroundings are at your doorstep, offering the perfect setting for a stellar property. Hiking trails are adjacent, including the nearby circuit around the Hollywood Reservoir (3.5 miles, flat and serene) and more adventurous hikes up the hills and trails. It is a few blocks from the Beachwood Canyon Market and the Cafe and a short distance to commute to several major studios. These include Netflix, Universal, Disney in Burbank and Hollywood's famed production sites. It is your peaceful retreat in the Hills, and minutes from Hollywood. Several nearby properties are in the $10M and more range. This 6 lot package is fit for a compound estate, or multiple homes, and presents a once-in-a-lifetime opportunity. The topography is downsloped from the street. City utility services are in the street; prestigious homes are on either side of this land on one of the best streets in Beachwood Canyon. The owners acquired through foreclosure wants to sell. Seller financing available to qualified buyers.