$1,700,000 7007 Pacific View Drive Los Angeles, CA

MLS: SR18060181   Type: Land   County: Los Angeles   City: Los Angeles   Area: Hollywood   Zip: 90068  

Mortgage $7,981 /mo



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REDUCED PRICE......Pacific View Dr HAS THE PERFECT NAME because the view is from the San Fernando Valley Sylmar Area to Glendale to Long Beach,to Palos Verdes, to Malibu and the whole Pacific Ocean. It can be lots split into 3 lots. Once owned by J. Paul Getty, then the developer of the Boy Scouts bought it. A very unique home that featured lots of stone, and rock and timber. When the Long Beach earthquake happened the city wanted special retrofitting for this property the owner said no, moved out of the house though it was not damaged and it caught fire burned to the stone wall and foundation, thus the property became known as THE WALL. It is the perfect on the end or tip of a triangle thus nobody will ever able to impede upon the view, and nobody will build behind it because the top of the property line covers one of the highest peaks in this location. The estimated values for a completed house here is in the multiple millions of dollars, land, permits, and everything has been completed several years ago. They must all be renewed but it is easier to get that then starting from the fresh and I have all of those available for serious buyers and investors. This is an iconic location for a iconic house.

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Price History

3/15/2018 Listed $1,995,000
4/11/2018 15% - $1,700,000
5/8/2018 6% - $1,600,000

Association Y/N 0
Community Features Curbs, Rural, Sidewalks, Street Lighting
Directions Change to Mulholland To Pacific View Dr
HOA Fee 0.00
Listagentstatelicense 00963885
Listing Agent Jesse Torrero - BRE#00963885
MLS Area C20 - Hollywood
Price Per Square Foot 92.33
Senior Community Y/N 0
Special Listing Conditions Standard
Zoning LAR1

Interior Features

Utilities Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Exterior Features

Land Lease Y/N 1
Lot Features Corner Lot, Greenbelt, Landscaped, Lot 10000-19999 Sqft, Lot Shape-Irregular, Near Public Transit, Paved, Rocks, Up Slope from Street
Lot Size Source Assessor
Lot Size Square Feet 18412.00
Lotsizeunits Square Feet
Road Frontage Type City Street
Road Surface Type Paved
View Canyon, Catalina, Coastline, Hills, Ocean, Panoramic, Park Or Green Belt, Reservoir, Trees/Woods, Valley
Water Source Public

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Property vs Zip Code Avg (90068)

Price 1.70M Avg 608K

Acres 0.42 Avg 0.29

Visits 55 Avg 37

Days on Site 129 Avg 150

Walkscore® 22 Avg 34

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Listing Provided Courtesy Of: Jesse Torrero with Jesse Torrero.

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Location & Address

Scott Shambley - BRE#01946228
2603 Camino Ramon Suite 200
San Ramon, CA