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Listed by Jerry Magdaleno, DRE #01982920 • 1Vision Real Estate
$ 2,700,000
Est. payment | /mo
3 Beds
3 Baths
4,125 SqFt
$ 2,700,000
Est. payment | /mo
3 Beds
3 Baths
4,125 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,125 sqft
Price per Sqft $654
MLS Listing ID CRPW26220121
Bedrooms 3
Full Baths 3
Year Built 1980
Lot Size 0.279 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
An Extraordinary Development Opportunity in the Heart of the Hollywood Hills! Discover the incredible potential of 1651 Marlay Drive, a hillside property perched above the legendary Sunset Strip, offering spectacular panoramic city views and an exceptional opportunity to create a luxury residence in one of Los Angeles' most prestigious neighborhoods. Just minutes from Hollywood's most iconic destinations, this property offers a prime location and tremendous potential for investors, developers, builders, and buyers looking to bring their vision to life. City records reflect approved permits for an extensive architectural redevelopment. The proposed design reimagines the existing residence as a stunning modern retreat featuring expansive living spaces, multiple bedrooms and bathrooms, elegant entertaining areas, a wine cellar, and seamless indoor-outdoor living. The plans also include a new swimming pool and resort-style outdoor spaces designed to capture the breathtaking hillside scenery and Los Angeles skyline. The proposed lower level offers additional luxury amenities, including a private lounge, nanny suite, sauna, steam room, and cold plunge. Please Note: The property has sustained significant water damage and requires extensive renovation and reconstruction. Buyers
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Interior
Heating Central Forced Air
Cooling None
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 2.0
Pool None
View Hills, Panoramic, Forest / Woods, City Lights
Building
Water District - Public
Others
Tax ID 5556031014
Special Listing Condition REO / Bank Owned Property

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