12064 LAUREL TERRACE DR Studio City, CA 91604
$488,000
0.14
Acres
LAR1
Zoning
56 days
On Website
Active
Status
We are pleased to announce and to present to Custom Home Builders and Developers this amazing opportunity to buy one of the last remaining vacant parcels of land in the sought after Carpenter Community Charter School of Studio City! The lot can be sold together with the 3-bedroom 2-bath Cape Cod home next door at 12060 Laurel Terrace Drive, MLS# CV20247312. Including all the necessary reports to build, soil engineering report, slope band analysis, topographic survey, boundaries, and a set of architectural plans to go with the renderings. The plans call for a 2,400 sq ft home (max allowable per slope analysis per city hillside code), 3 bedrooms, 3.5 baths, an additional 350 sq ft full basement, trees and tall bamboo shoots for privacy, and room for a pool. This is a great opportunity for the right builder and developer who wants to eliminate holding costs with RTI probably coinciding with the end of the lease of the house next door at the end of August of 2021. This land purchase can be conventionally financed with the house next door.
Details
Listing By CENTURY 21 MASTERS – SHAWN LUONG
MLS# CV20247320
Data Last Updated 13 days ago
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