2529 Woodstock Road, Los Angeles, California 90046, Los Angeles, 90046 - bed, bath

2529 Woodstock Road, Los Angeles, California 90046 home-pic-0
ACTIVE$599,000
2529 Woodstock Road, Los Angeles, California 90046
0Bed
0Bath
Sqft
8,441Lot
Year Built
Close
-
List price
$599K
Original List price
$699K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
23332894
Home ConditionPoor
Features
Good View: City Lights, Canyon, Park/Greenbelt
ViewCity Lights,Canyon,Park/Greenbelt

About this home

We found 2 Cons,3 Pros. Rank: price - $599.0K(2th), sqft - 0(3th), beds - undefined(1th), baths - undefined(1th).

Huge Price Reduction. Seller wants it sold! This is truly an exceptional opportunity to purchase this land/project. Ideal for developers, end users, investors or flippers or for an owner user. This fantastic property is located in close proximity to the Houdini Estate. Head up Laurel Cyn to Willow Glen Rd to Woodstock Rd. 8,841 sq ft of down sloped land with a foundation and many more. Vacant panoramic view Land with a structure on it. The property has a foundation and substructure and grading done already. A seasoned developer who knows their way around the city might be able to get the old permits revived as it was ordered in the court case back in 2003. Even if the new owner decides to demolish the structure, the existing foundation, retaining walls and some other improvements could possibly be salvaged and used in the construction of a new home. This property is also marketed in the Land Section of the Hollywood Hills. The land falls under Los Angeles Building Department as well as Mullholland Scenic Board. Great community. Sold As Is Buyer to do their own due diligence. Sold as Vacant Land!

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,K-50.5mi
7/10
Gardner Street Elementary School
Public,K-61.6mi
8/10
Valley View Elementary School
Public,K-61.6mi
9/10
West Hollywood Elementary School
Public,K-52.1mi
7/10
Rio Vista Elementary School
Public,K-52.1mi
6/10
Walter Reed Middle School
Public,6-82.6mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.8mi
8/10
Hawthorne Elementary School
Public,K-83.3mi
6/10
Hollywood Senior High School
Public,9-122.2mi
7/10
Fairfax Senior High School
Public,9-122.3mi
8/10
North Hollywood Senior High School
Public,9-123.5mi
9/10
Beverly Hills High School
Public,9-124.4mi
6/10
University Senior High School Charter
Public,9-127.1mi
6/10
University Senior High School
Public,9-127.1mi

Price History

Date
Event
Price
11/25/20
Sold
$700,000
05/20/19
Sold
$1,000,000
Condition Rating
Poor

The listing describes the property as a land/project opportunity with a structure on it. The images show a dilapidated structure with significant deferred maintenance. The description mentions the possibility of salvaging the foundation, but overall, the existing structure requires substantial repairs and rehabilitation, if not demolition. The kitchen and bathroom conditions are not explicitly detailed, but given the overall state of the property, they are likely in poor condition.
Pros & Cons

Pros

Development Opportunity: The property presents a unique opportunity for developers, investors, or end-users looking to build in the Hollywood Hills.
Panoramic Views: The vacant land offers potential for stunning panoramic views, enhancing the value of any future construction.
Existing Foundation: The presence of an existing foundation, substructure, and grading could save significant time and money in the construction process.

Cons

As-Is Condition: The property is sold in 'As Is' condition, requiring the buyer to conduct thorough due diligence and potentially incur additional costs for repairs or demolition.
Permitting Challenges: Reviving old permits or obtaining new ones may be challenging due to the property falling under the Los Angeles Building Department and Mullholland Scenic Board regulations.

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