PRICE JUST REDUCED!!! BRING ALL OFFERS!!! Property is now being offered at $300,000 less than before! Prime Studio City/Hollywood Hills West Development Opportunity! 4.95 acre site that is zoned RE40-1-H! This property is perfect for a developer who wants to build up to 5 new single family homes (per the city of Los Angeles) or an owner/user who wants to build one large private estate compound! The property is a down slope lot with incredible views of the San Fernando Valley! It is surrounded by multi-million dollar estate homes! There are single family residences on each side of the lot! The lower portion of the property has a much more gentle slope! Seller has a land survey and slope analysis of the site that were completed in 2015! The owner has no entitlements for any development on the property! Buyers are to rely on their own due diligence and investigations of subject property! Seller does not warrant or guarantee any future development on the subject property! The property is being sold in its as is present condition! The property is listed at a price well below market value so the seller will not wait for buyers to obtain any entitlements as it is being offered at at a steal of a price! Call listing agent for copy of topography map and slope analysis! HIGHLY MOTIVATED SELLER!!!