4849 -4853 Mount Royal Drive

Description

Calling ALL DEVELOPERS and INVESTORS! This unique offering consists of 5 contiguous lots, totaling 9,772 sqft in the highly sought-after Eagle Rock neighborhood of Los Angeles. Privacy, breathtaking panoramic views, and urban convenience define this prime development opportunity. The property is ready for construction, pending ZAD approval from the City. The owner, a skilled architect, has already tackled the preliminary work, with sidewalk widening and bridge permits prepared for filing upon ZAD approval. Architectural plans are available for a stunning 3,560 sq ft, four-story single-family residence featuring 3 bedrooms, 3.5 bathrooms, a covered two-car garage, a POOL and ADU. Each floor is designed with its own private entrance, maximizing the property’s potential for both luxury living and rental income. Located near Occidental College, this is an excellent investment opportunity with immense potential.

Listing information courtesy of: Negar Sheikhtaheri, Coldwell Banker Realty 9494912925. *Based on information from the Association of REALTORS/Multiple Listing as of 10/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.