8534 Lookout Mountain Avenue, Los Angeles, CA 90046

Local realty services provided by:ERA North Orange County Real Estate
8534 Lookout Mountain Avenue,Los Angeles, CA 90046
$240,000
  • 0.06 Acres
  • Lots / Land
  • Active
Listed by: daniel cerecedes
Office: carolwood estates
MLS#:26650089
Source:CRMLS

Price summary

  • Price:$240,000

About this home

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

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Home facts

  • Listing ID #:26650089
  • Added:3 day(s) ago
  • Updated:February 12, 2026 at 01:26 AM

Structure and exterior

  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$240,000
Based on information from California Regional Multiple Listing Service, Inc. as of February 15, 2026 . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.