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6744 Mulholland Drive
Single Family Residence 
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6744 Mulholland Drive 
$2,999,995
Offered at
Los Angeles, CA 90068
Los Angeles County
2
Beds
1
Baths
1,000
Sq Ft
16,100
Lot Sq Ft
1954
Year Built
"Almost RTI READY" OR KEEP EXISTING COTTAGE AS AN INVESTMENT OPPORTUNITY. Prime Hollywood Hills Development & Investment Opportunity with Iconic Hollywood Sign Views. Rare opportunity in a prime Hollywood Hills location offering tremendous flexibility for a developer, investor, or owner-user. After approximately six…
"Almost RTI READY" OR KEEP EXISTING COTTAGE AS AN INVESTMENT OPPORTUNITY. Prime Hollywood Hills Development & Investment Opportunity with Iconic Hollywood Sign Views. Rare opportunity in a prime Hollywood Hills location offering tremendous flexibility for a developer, investor, or owner-user. After approximately six years of planning and entitlement work, the property is anticipated to be RTI (Ready to Issue) in approximately 2 to 3 months for a stunning modern residence that is approx 4,800 sq ft with 5 bed & 6.5 baths designed to take advantage of spectacular views of the iconic Hollywood Sign, city lights, and surrounding mountains. Situated on a beautiful gated corner lot of approximately 16,000 square feet, the property currently features a completely updated 2 bedroom and 1 bath Cottage approximately 850-square-foot, with an open kitchen, breakfast bar, cozy family room and cool dining area , clean contemporary interiors, private backyard, and expansive driveway. A separate small unit provides additional flexibility. Together, the existing improvements have previously generated approximately $10,000 per month in rental income, creating a compelling opportunity to hold as an investment property while preparing for future development. The property may also appeal to buyers considering a 1031 exchange.Adding to the opportunity, the seller is open to selling the adjacent approximately separately which is 6730 Mulholland which features13,000-square-foot lot for $500,000, providing the potential to acquire nearly 29,000 square feet of combined land. The adjacent parcel is offered as an additional development potential. Ideally located on Mulholland Drive with convenient access to the Hollywood Bowl, Runyon Canyon, Universal City, major freeways, studios, dining, entertainment, and everything Hollywood has to offer. Opportunities combining a prime Hollywood Hills location, substantial lot, existing income, iconic views, and a sophisticated modern project approaching RTI status are exceptionally rare in this location
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- 1/2 bathrooms: 0
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Dryer, Washer
- Laundry: Inside, Laundry Room
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,000 sqft
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 0
- Parking features: Controlled Entrance, Driveway, Guest
Features
- Stories: 1
- Has private pool: No
- Has view: Yes
- View features: City Lights, Canyon
Lot
- Size: 0.37 Acres
Details
- Parcel number: 5549002002
- Zoning: LARE15
Construction
Type & style
- Home type: Residential
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- Year built: 1954
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Christie's International Real Estate SoCal · Listing Agent: Todd Marks · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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6744 Mulholland Drive, Los Angeles, CA 90068
951-528-0626
mike@mzhomes.us
mzhomes.us
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