Tearfown / Development Opportunity

2016 / active


TEARDOWN, EXPAND or KEEP. You decide. 1st time on market in 50 years. 1933 Hacienda w/ 3 br’s + 2 baths, and 2,400 sq feet on a 20,000 foot lot N. of Sunset. The $7,300,000 equates to $365 per foot for the land which in my opinion is right on the mark. Condition-wise it’s not a tear-down per se’, but given the smaller size of the home coupled with the economics, my guess is it might come down. Prediction #2 is it sells quickly and with multiple offers as there is a lot of demand for tear downs in The Park. Listing courtesy Sue Ellen Douglas, CB.


Address:321 N. Cliffwood Ave., Los Angeles, CA
Bedrooms: 3
Bathrooms: 2
App. Sq. Feet: 2400
App. Lot Size: 20000 acres