8534 Lookout Mountain Avenue, Los Angeles, CA 90046

Local realty services provided by:CENTURY 21 Sierra Properties
8534 Lookout Mountain Avenue,Los Angeles, CA 90046
$240,000
  • 0.06 Acres
  • Lots / Land
  • Active
Listed by: daniel cerecedes
Office: carolwood estates
MLS#:CL26650089
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$240,000

About this home

Fully RTI | Price Improved | Laurel Canyon Development Opportunity. Recently price improved, the seller is motivated and ready to engage with qualified buyers. Both lots must be sold together, offering control of a side-by-side development in prime Laurel Canyon. 8534 & 8536 Lookout Mountain Ave (APNs 5562-001-014 & 5562-001-015) are fully RTI (Ready-To-Issue) for two architecturally designed single-family homes, allowing a buyer to move directly into construction without entitlement risk. Each residence is approximately 1,406 sq ft, designed for modern hillside living with strong end-user appeal. There may be potential for future Junior ADUs (buyer to verify). Soil and geotechnical reports are complete, reducing time and soft costs. A licensed contractor has preliminarily estimated approximately $488,000 per home through drywall stage, inclusive of site and structural work. Comparable sales suggest an estimated after-build value of approximately $1.5M per home (buyer to independently...

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Home facts

  • Listing ID #:CL26650089
  • Added:45 day(s) ago
  • Updated:March 29, 2026 at 02:36 PM

Structure and exterior

  • Lot area:0.06 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$240,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 29, 2026