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8534 Lookout Mountain Avenue, Los Angeles, CA 90046

Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
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:CA_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:1 day(s) ago
  • Updated:February 12, 2026 at 06:35 AM

Structure and exterior

  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$240,000

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