9814 Portola Drive,Beverly Hills,Los Angeles,Land

Property Description

Beverly Hills investment opportunity!  Pretty canyon location surrounded by million-dollar homes.  All utilities are available in the street including water, sewer, electricity, and natural gas.   Dimensions of this upslope lot are approximately 27 feet wide at the street, increasing to 40 feet wide in the back.  The depth is approximately 362 feet.  Zoning allows one single-family home.  When you drive by, notice the architectural design of homes on similar narrow lots nearby to get an idea of what you might do.  Located in the desirable 90210 zip code, just minutes from downtown Beverly Hills and Rodeo Drive.  The seller is an investor with no intent to build, so there are no architectural plans or reports.  The agent and seller have not researched building, so contact your contractor and architect and roll up your sleeves.  The property is in the Beverly Hills post office area of LA, so the buyer will want to direct all questions to the City of Los Angeles Planning Department.  The tax-assessed value of this lot is $462,070, and a similar lot next door at 9012 Portola Dr is on the market now with another agent priced at $360,000, so you can see you’re getting a straight-up bargain on this one.  Don’t wait!