8137 W. Elrita Dr. Los Angeles, CA 90046

$799,000
Residential
Description

8137 W. Elrita Dr. Los Angeles, CA 90046

Residential - Hollywood HIlls CA

8137 W. Elrita Dr. is a rare opportunity to bring new single-family development to the supply constrained Hollywood Hills market, with 3 fantastic lots, totaling 40,871 sq. ft.  The vacant land is flat to mildly up-slopping, and is located off Laurel Canyon in the Hollywood Hills, at the end of Elrita Dr.  The zoning is RE15-1-H-HCR, and with the Baseline Hillside Ordinance Guaranteed Minimum, the zoning allows for one 7500 sq. ft. home or two 3750 sq. ft. homes.

This location is perfect for your dream home or spec development.  The property is just off Laurel Canyon, at the end of a small quite col-de-sac, less than 15 minutes to the night life of the Sunset Strip, Hollywood and DTLA.  Imagine living in a small rustic community in the hills, with that ‘Peaceful Easy Feeling’ Laurel Canyon is known for.  Now is the time to jump at this opportunity to build your dream home or spec development in one of the most supply constrained markets in the area.