Any interested investors/builders? I own a double lot in the Hollywood Hills and recently finished getting building permits approved for two SFRs. The entitlement process took three years. I’m also moving to OC, so I’ve decided not to move forward with construction myself.

The project is shovel-ready, and I already have two contractor bids. It’s a solid location in a very desirable part of the Hills.

Quick overview:
-- 8534 & 8536 Lookout Mountain Ave, Los Angeles
-- Land price ~$250K per lot
-- Build cost ~ $975K per house (based on bids)
-- Estimated resale ~ $1.65M per house (50%+ ROI)

If anyone’s interested in taking it over or wants more details, feel free to comment or DM.