Fully RTI | Price Improved | Laurel Canyon Development Opportunity. Recently price improved, the seller is motivated and ready to engage with qualified buyers. Both lots must be sold together, offering control of a side-by-side development in prime Laurel Canyon. 8534 & 8536 Lookout Mountain Ave (APNs 5562-001-014 & 5562-001-015) are fully RTI (Ready-To-Issue) for two architecturally designed single-family homes, allowing a buyer to move directly into construction without entitlement risk. Each residence is approximately 1,406 sq ft, designed for modern hillside living with strong end-user appeal. There may be potential for future Junior ADUs (buyer to verify). Soil and geotechnical reports are complete, reducing time and soft costs. A licensed contractor has preliminarily estimated approximately $488,000 per home through drywall stage, inclusive of site and structural work. Comparable sales suggest an estimated after-build value of approximately $1.5M per home (buyer to independently verify), supporting resale or long-term hold strategies. Minutes from Sunset Blvd and located within the Wonderland School District, this is a streamlined, shovel-ready opportunity in one of Laurel Canyon’s most desirable pockets.
Property Details
Price:
$240,000
MLS #:
26650079
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c03sunsetstriphollywoodhillswest
Listed Date:
Feb 19, 2026
Lot Size:
2,501 sqft / 0.06 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address8536 Lookout Mountain AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90046
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of Feb 23, 2026
426
Land Listed
141
Avg DOM
$1,666,604
Avg List Price
Property Summary
- 8536 Lookout Mountain AV Los Angeles CA is a Land for sale in Los Angeles, CA, 90046. It is listed for $240,000 and features 0 acres.
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