What an amazing investment opportunity to develop eleven vacant lots in Mount Washington. Two of the lots have approved permits to build a custom 2,500sqft home. 3861 West Point drive recently closed at $1,620,000, which was $761 a square foot. Currently a developer is building four custom homes on West Point Drive which will create great comparables for these next eleven homes. The eleven lots, which nine are upslope, total 1.43 acres and all have views of Downtown Los Angeles. Located in the stunning Mt Washington neighborhood where the view of the city is as marvelous as ever. The lots are close to the 110 and 5 freeways and near multiple parks, shopping, and restaurants. Mt. Washington is one of the most desirable locations known for its staggering architecture and central location to all of what Los Angeles as to offer.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
