3047 Passmore Drive, Los Angeles, California 90068

$450,000

Property Type

Land

City

Los Angeles

Status

Active

3047 Passmore Drive, Hollywood Hills A Rare Development & Investment OpportunitySet in the highly desirable Hollywood Hills, 3047 Passmore Drive presents a unique opportunity to bring a thoughtfully designed modern residence to life in one of Los Angeles' most sought-after hillside communities. Plans are approximately 80% complete, offering a significant head start for a buyer looking to complete the development process and create a distinctive contemporary home.The proposed residence showcases a sophisticated architectural design with expansive floor-to-ceiling glass, clean modern lines, multiple outdoor terraces, a private pool, landscaped hillside surroundings, and a spacious garage. The design is envisioned to maximize the indoor-outdoor California lifestyle while taking advantage of the property's elevated Hollywood Hills setting.For an investor or developer, the property offers the opportunity to complete an advanced-stage project and potentially create a highly desirable luxury residence. For an owner-user, it provides the rare chance to customize and complete a home tailored to their own vision rather than purchasing an already-finished property.Ideally situated near Universal Studios, Studio City, Hollywood, major entertainment destinations, dining, shopping, and convenient freeway access, the location provides an attractive combination of privacy, accessibility, and proximity to some of Los Angeles' most recognizable destinations. The renderings are conceptual and represent the proposed design. Buyer to verify all plans, permits, approvals, square footage, development potential, and remaining requirements with the appropriate professionals and governmental agencies. Buyer to complete the project and all remaining architectural, engineering, permitting, and construction requirements. A compelling opportunity to create a modern Hollywood Hills residence from an advanced stage of planning whether for investment, development, or personal ownership.