0 Mount Olympus, Los Angeles, CA 90046

Property Description

*This property is being sold in conjunction with parcel # 5565-020-034 for a total of $8,200,000* At the pinnacle of Mount Olympus in Hollywood Hills sits an incredible opportunity to acquire 2 parcels set behind a private gated entrance on over 6 acres overlooking the City lights below. This could be a perfect remodel of APN 5565-020-034 by gutting this property to the bones and starting fresh while leaving the full structure and ball room and adding your person touches. Developers can build 2 estate residences of 20k sq ft each or a combo thereof. An end user looking for a mega private compound could build a single sprawling estate w/guest houses & accessory buildings at an acquisition price not seen elsewhere in the hills for a property of this scale. End users could also build 1 residence for themselves while building the other for sale to offset the expenses of construction. Unlike many estates in the Hollywood Hills, the Mt. Olympus estate is accessed through very wide street.