3200 Oakley Drive

Los Angeles, CA 90068

PRICE REDUCED

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-$500,000 (-10.01%)

$4,495,000

List Price

5

bed Beds

5

shower Baths

4,600 sqft

straighten / sqft

1950

calendar_month Built

Open Houses

Next available: Sunday, December 22nd, 2024 1:00 pm - 4:00 pm

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Property Description

Introducing "Seijaku", an exceptional development opportunity nestled on a serene and private 1.6-acre gated compound in the prestigious Hollywood Hills. This rare gem offers sweeping views of Universal Studios, the Santa Monica Mountains, and the San Fernando Valley, providing an unparalleled canvas for visionary transformation.As you approach through the exclusive gated entrance, a picturesque, winding driveway leads you to a generous motor court, capable of accommodating up to ten vehicles. The property currently features a charming traditional home, which offers a unique opportunity for either a comprehensive renovation or a complete reimagining into a grand, bespoke estate.Beyond the home, the expansive backyard reveals a pool and spa set against breathtaking vistas, creating an ideal backdrop for both lavish entertaining and peaceful relaxation. The vast grounds are brimming with development potential, offering the perfect setting for a range of bespoke amenities, including a luxurious wellness retreat, cutting-edge recording studios, verdant edible gardens, or a dynamic Pickleball or Padel court.Strategically located near the finest restaurants, entertainment venues, shopping, and nightlife that Hollywood and Studio City have to offer, "Seijaku" provides both privacy and proximity to the vibrant pulse of the city. This property represents a rare opportunity to create a personalized compound or to preserve the charm of an existing traditional estate, situated on one of the largest and most coveted lots in the area.Conceptual renderings are provided to illustrate the potential for development on this site. Prospective buyers are encouraged to conduct their own due diligence with local design review boards, ordinances, architects, land use consultants, and other relevant professionals to explore the full scope of possibilities.

Listing Information

List Price $4,495,000
Status Active
MLS 24426517
Type Residential
Subtype Single Family Residence
Year Built 1950
Lot Size 69,915
Structure Size 4,600
DOM 118
Courtesy Of Hollywood Estates
Listing Agent Oliver Thornton DRE#01969227
Co-Listing Agent RC Thornton DRE#01266660

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 5
Flooring Information
Material Wood
Fireplace Information
Features Living Room
Additional Information
Additional Features Loft, Walk-In Closet(s)
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Oliver Thornton, RC Thornton, Hollywood Estates 310-704-1794. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 22nd, 2024 at 6:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.