3600 Knobhill Dr, Sherman Oaks, CA Vacant Lot PENDING!
I am a big believer of always marketing my properties in every venue possible, starting with the MLS (The Multiple Listing Service) and then all the other websites such as Trulia.com, Zillow.com etc.
Sometimes the Listing is extra challenging. In this case it was well priced but it takes someone who is willing to take a chance on a difficult building process. In Los Angeles County we have the Hillside Ordinance for starters, than in this case we also have the Mulholland Scenic Design Review Board. In simple English what it means there will be delays in the approval process to build. This is about a 12-15 month process if you have savvy architects! If not add another 3-5 months to the approval process.
Then comes the building another 6-8 months. Recently the hillside ordinance made building even harder in Los Angeles County!
This vacant lot is a very challenging build it is a 1:1 ratio. If you are not familiar with building, visualize a Straight Wall! Hence the Seller & the Buyer were cognizant of these challenges and agreed to what I consider a very Reasonable Price. Hard to believe but under $40,000!
I am excited that the Buyer has the intestinal fortitude to take this challenge on. FYI I have sold this lot twice in the past few years, so I am looking forward to someone like this buyer who will actually build a home on this great lost South of the Boulevard, Ventura Blvd that is!
If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue
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