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Home ยป Studio City Development Opportunity

Studio City Development Opportunity

4036 Sunswept Ave, Studio City
11,250 sqft lot
$1,499,000
Great development opportunity to acquire an 11,000 sqft+ lot in prime Studio City hills directly overlooking the Weddington golf and tennis club. Located south of Ventura Blvd, this property provides sweeping views of the valleys and is on a quiet residential street with no through traffic to Mulholland or the canyons. The current owner has completed plans for an approximate 4,000+ sqft, 4BD/5BA home including an attached 600 sqft ADU on the third floor designed with separate utility hookups, parking and rooftop pool access. The ADU could easily be converted into more living space such as a theater room and bar. Perfect for any builder or investor looking to develop in this prestigious Studio City neighborhood. Plans, rendering, survey, and soil report are available. Plans include stamped architectural, structural and civil, none of which have been submitted yet. The Geotechnical report was updated and is currently being re-approved. Title 24 is approved and there is a completed set of MEP drawings. Plans can be used as is or modified to reflect your own needs and architectural preference. Great opportunity for a dream home or as an investment project. Located in the award -winning Carpenter School District and walking distance to Studio City shopping.