1871 Marcheeta Place Los Angeles, CA 90069

Description

This sprawling blue-chip site of approximately 1.3 acres is mostly flat and positioned at the end of a quiet cul-de-sac in the coveted Doheny Estates. Rarely do land opportunities with this amount of flat area become available, especially in such an exclusive, world-class location. The massive site was previously two parcels thereby giving a buyer flexibility to explore untying the property back to two parcels to develop two homes, or build on the current parcel. There is a home on the property which could serve as a rental to defray carry costs while a buyer obtains entitlements and permits. Truly a unique, one-of-a-kind opportunity in an A+ location, perfect for either an end-user or developer to create Los Angeles' next showcase estate. Red boundary lines are approximations and may not reflect precise property lines. Seller open to discussing creative/alternative financing options.