The new build will cost buyer $4M.
The properties in that area sell for $20M- $25M.
This is an exclusive area with neighbors like Calvin Klein and Leonardo DiCaprio.
A gem for the right investor, as a buy and hold or a flip.
The project is shovel ready.
Please find attached : Set of Plans + Color Floor Plans + Soil Repot + 10 Renderings
- 6 Bedroom Suites Including a Grandiose 1,380 Sq ft Master Suite with Sweeping Views
- 5 Powder Rooms
- Exquisite Dining Room with Water Skylight Ceiling
- Media Room
- Glass Wine Cellar w/ Glass Humidor Room
- Gourmet Kitchen
- 2 Elevators ( Guest & Service Elevator )
- Infinity Pool
- 3 Car Garage w/ Glass Elevator to showcase your exotic car from the Living Room
Total Living Area: 7,667 SQFT
Total Building Size: 9,632 SQFT
Lot Size: 27,039 SQFT
1601 Blue Jay Way Plans are: Tier 1 LA Green Building Code.
In order to maximize the square footage as per seller request, The Architect took advantage of a 20% RFA bonus, using the Green Building Option, which means the proposed structure must satisfy Tier 1 requirements of the LA Green Building Code.
And the Architectural plans are according to Tier 1 LA Green Building Code + 20% RFA bonus and City of Los Angeles is aware of that Garo Telmi, Supervisor of building safety.
– Seller will not accept blind offers
– All the showing is down with POF
– There is soil report on the property
– Plans are not permitted and would need structural engineering which will cost 13K and seller will accommodate that in to the price
In regards to the offer:
– 3% deposit on all offers and must be wired within 24 hr of acceptance the offer.
– Seller’s choice on Escrow and Title