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7007 Pacific View Drive

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7007 Pacific View Drive | Los Angeles, CA

$1,600,000

REDUCED REDUCED REDUCED MAKE OFFER..OBO....Comps in the area a hitting 13M for a similar house built like the plans for this property describe. REDUCED PRICE......Pacific View Dr HAS THE PERFECT NAME because the view is from the San Fernando Valley Sylmar Area to Glendale to Long Beach,to Palos Verdes, to Malibu and the whole Pacific Ocean. It can be lots split into 3 lots. Once owned by J. Paul Getty, then the developer of the Boy Scouts bought it. A very unique home that featured lots of stone, and rock and timber. When the Long Beach earthquake happened the city wanted special retrofitting for this property the owner said no, moved out of the house though it was not damaged and it caught fire burned to the stone wall and foundation, thus the property became known as THE WALL. It is the perfect on the end or tip of a triangle thus nobody will ever able to impede upon the view, and nobody will build behind it because the top of the property line covers one of the highest peaks in this location. The estimated values for a completed house here is in the multiple millions of dollars, land, permits, and everything has been completed several years ago. They must all be renewed but it is easier to get that then starting from the fresh and I have all of those available for serious buyers and investors. This is an iconic location for a iconic house.
Listing Provided by Jesse Torrero, Jesse Torrero

Based on information from California Regional Multiple Listing Service, Inc. as of October 26, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.