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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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8534 Lookout Mountain Avenue Los Angeles, CA 90046
$254,000 0 beds, 0 baths
0 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
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Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Fax: 949-587-0915
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Agent Remarks

Investor/Developer Special: RTI Plans for Dual New Construction in Prime Laurel Canyon. Incredible opportunity for developers or investors in the heart of Laurel Canyon -- two contiguous lots at 8534 & 8536 Lookout Mountain Ave (APNs 5562-001-014 & 5562-001-015) with plans currently under plan check with LADBS for two thoughtfully designed 1,406 sq ft single-family homes. Final clearances and approvals are anticipated in the coming months. Significant groundwork has already been completed, including soil and geotechnical reports, helping reduce both time and soft costs for the next owner. A licensed contractor has provided a preliminary bid of approximately $975,000 to complete both homes up to the drywall stage, including all site preparation and structural work -- offering a cost-efficient path to construction. Each home has been individually designed with modern functionality and architectural appeal, and future plans include the potential for a junior ADU in each, allowing for added flexibility and income potential. Comparable sales in the area suggest an estimated after-build value of approximately $1.5 million per home. Buyers and agents are encouraged to conduct their own due diligence and run independent comps to verify projected values. Ideally located just minutes from Sunset Blvd and within the highly regarded Wonderland School District, this is a unique opportunity to develop in one of Los Angeles' most desirable hillside communities, known for its character, privacy, and strong end-user demand. Whether you're looking to build and sell, hold as premium income-producing assets, or create a personal compound, this is a rare chance to acquire a nearly shovel-ready project in an iconic canyon setting.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 25538311
List price is $254,000
Beds: 0
Baths: 0
0.06 acres
Lot size: 0.0591
County: Los Angeles
Zoning: LAR1
Lot description: Sloped Up
MLS area: C03 - Sunset Strip - Hollywood Hills West

Last Updated: 6/21/2025

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This listing belongs to the C03 - Sunset Strip - Hollywood Hills West MLS area

Lat/Long: 34.113232, -118.379499.
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Listing Agent: Daniel Cerecedes
Co Listing Agent: Meghedi Cerecedes
Lic#: 01234982
Office Name: Mission Viejo

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

Hispanic/Non-Hispanic Population

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com

Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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