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0 Vedado Avenue

Studio City, CA 91604

$1,650,000

List Price

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Property Description

Spectacular 13-acre development opportunity nestled in the scenic hills of Studio City, offering a rare chance to create a private estate or utilize a plan furnished by the reputable and highly experienced Sikand Engineering Firm to subdivide into as many as four single-family homes. Currently zoned as Residential Estate (RE40-1-H) with a minimum lot size of 40,000 square feet, this property falls within the Mulholland Scenic Parkway, preserving the natural beauty of the area. The majestic setting offers sweeping panoramic views of canyons, mountains, and city lights, surrounded by native vegetation and local wildlife. The property is private yet accessible, with easy access to the freeway, the Westside, Scenic Mulholland Drive, Harvard-Westlake, award-winning schools, and major studios. One entrance is adjacent to 3969 Alta Mesa Dr, and another can be constructed to Coldwater Canyon with an interested owner adjacent to the north western edge of the property. If building four single family homes, the design standards allow for a front yard of up to 25 feet (20% of lot depth), 10-foot side yards, and rear yards up to 25% of lot depth, with a maximum building height of 36 feet depending on roof slope. Parking requires two covered spaces per dwelling. The engineers have proposed either a four-home subdivision or the construction of a grand estate, with the Baseline Hillside Ordinance allowing up to 117,162 square feet of residential floor area if building one large estate and guest house. Included in the listing are site studies, completed slope band analysis and boundary surveys, as well as architectural plans for a 10,700 sq. ft. estate featuring 6 bedrooms, 8 bathrooms, a 1-bedroom guest house, entertainment areas, a 7-car garage, gym, bar/lounge, outdoor terraces, and a swimming pool. The hillside designation permits grading allowances of up to 3,300 cubic yards, and CEQA compliance will be required due to the presence of protected trees and wildlife. As one of the largest parcels surveyed near such a densely populated area, this property offers unmatched privacy, natural beauty, and incredible development potential.

Listing Information

List Price $1,650,000
Status Active
MLS SR24204466
HOA $0
Type Land
Lot Size 577,933
Structure Size N/A
DOM 7
Courtesy Of RE/MAX One
Listing Agent Mona Golastani DRE#01505983

Interior Features

Total Bedroom
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Exterior Information

Maps

home_work Nearby Properties

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$3,695,000

king_bed 4
shower 5
straighten 4,815
straighten 7,576
3250 Coldwater Canyon Avenue,

Studio City, CA 91604
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$300,000

king_bed N/A
straighten N/A
straighten 33,396
3230 Coldwater Canyon,

Studio City, CA 91604
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$12,400,000

king_bed 8
shower 14
straighten 11,923
straighten 75,443
3911 Oeste Avenue,

Studio City, CA 91604
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$70,000/month

king_bed 8
shower 14
straighten 11,923
straighten 75,443
3911 Oeste Avenue,

Studio City, CA 91604
Image

$2,999,999

king_bed 4
shower 4
straighten 5,385
straighten 8,664
3651 Alta Mesa Drive,

Studio City, CA 91604

Listing information courtesy of: Mona Golastani, RE/MAX One . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 9th, 2024 at 11:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.