$299,000
Los Angeles, CA 90065
Los Angeles
County
Land
Property Type
SHOVEL-READY, PERMITS IN HAND - START BUILDING IMMEDIATELY: Build your dream home on this 6,754 sq ft shovel-ready vacant lot in the highly desirable Mount Washington neighborhood of Los Angeles. With a 50-foot frontage (buyer to confirm), full permits approved, and city-approved architectural plans in place, this is a rare opportunity to begin construction immediately and save significant time and costs. The approved permitted plans are for a stunning 2,980 sq ft, three-story residence featuring 4 bedrooms, 4 bathrooms, a two-car garage, and a flexible gym/office space, perfect for modern living and working from home. Thoughtfully designed to maximize space, light, and the surrounding landscape, the home is positioned to take full advantage of the area's spectacular views. Utilities are conveniently accessible, ready to be connected to LA services, streamlining the development process. Nestled in a serene hillside setting, this property offers both privacy and convenience. Two appraisals have been conducted estimating the newly-built house to be worth $2.4MM - will supply them to interested buyers. Enjoy close proximity to top-rated schools, vibrant shopping centers, renowned restaurants, and beautiful parks, with nearby major highways providing easy access throughout Los Angeles. This is truly a perfect location for work and play. Approximately $150,000 in soft costs have already been invested into the project, including full entitlements under the Mt. Washington Specific Plan, architectural design, structural engineering, soils and geotechnical reports, and all necessary documentation for City permitting. Over $80,000 of that total reflects direct value in paid City permit fees (approximately $40,000) and value engineering (approximately $40,000) to streamline construction and reduce build costs. No street improvements are necessary. These comprehensive pre-development efforts position the project for a faster, more cost-efficient build with no delays. This is a dream opportunity.
$1,591/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 4:45 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
