4850 Mount Royal Dr, Los Angeles, CA 90041
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4850 Mount Royal Dr Los Angeles, CA 90041

$550,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$550,000 Get Pre-Qualified

Map preview of 4850 Mount Royal Dr, Los Angeles, CA 90041

Property Overview: 4850 Mount Royal Dr Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 9,772 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Calling ALL DEVELOPERS and INVESTORS! This unique offering consists of 5 contiguous lots, totaling 9,772 sqft in the highly sought-after Eagle Rock neighborhood of Los Angeles. Privacy, breathtaking panoramic views, and urban convenience define this prime development opportunity. The property is ready for construction, pending ZAD approval from the City. The owner, a skilled architect, has already tackled the preliminary work, with sidewalk widening and bridge permits prepared for filing upon ZAD approval. Architectural plans are available for a stunning 3,560 sq ft, four-story single-family residence featuring 3 bedrooms, 3.5 bathrooms, a covered two-car garage, a POOL and ADU. Each floor is designed with its own private entrance, maximizing the property’s potential for both luxury living and rental income. Located near Occidental College, this is an excellent investment opportunity with immense potential.

Listed by Negar Sheikhtaheri | BRE #02185015 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: September 24th, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
9,772
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
OC24194232
City
Los Angeles
County
Los Angeles
Time on Site
4 days

Open Houses for 4850 Mount Royal Dr

No upcoming open houses

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Property Details for 4850 Mount Royal Dr

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Sloped Down
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Canyon, Hills, Panoramic
  • Parcel Number: 5689011008
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: At Yosemite Dr & Townsend Ave
Neighborhood Information
  • Community Features: Suburban
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Sale History for 4850 Mount Royal Dr

Last sold for $35,000 on June 8th, 2017
  • September, 2024

  • Sep 24, 2024

    Date

    Active

    CRMLS: OC24194232

    $550,000

    Price

  • August, 2024

  • Aug 12, 2024

    Date

    Withdrawn

    CRMLS: AR24109344

    $499,000

    Price

  • May 30, 2024

    Date

    Active

    CRMLS: AR24109344

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    4849-4853 Mount Royal, 5 lots total! Unveiling the Mt. Royal Residence Where the Perfect Blend of Privacy, Panoramic Views, and Urban Convenience Converge. This vacant lot is more than just land; it is a blank canvas ready for you to craft your dream home. Imagine the possibilities as you dive into your next project with confidence, knowing that the seller has already navigated the complexities, leaving you free to embark on construction immediately. Endless potential awaits on this expansive lot, combining a total of 9,772 square feet across five individual lots to build a 3,560 sf four-story single family residence with a covered two-car garage, 3 bedrooms and 3.5 bathrooms. Whether you are a seasoned developer, builder, investor, or aspiring homeowner, this lot is primed for your vision to spring to life. Embrace the convenience of urban living in Eagle Rock while enjoying the tranquility and privacy this location offers. Explore nearby attractions such as the iconic Rose Bowl, Norton Simon Museum, and Griffith Observatory - all within reach. Plans available upon request.

  • June, 2017

  • Jun 8, 2017

    Date

    Sold (Public Records)

    Public Records

    $35,000

    Price

  • June, 2010

  • Jun 8, 2010

    Date

    Sold (Public Records)

    Public Records

    $1,000

    Price

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Tax History for 4850 Mount Royal Dr

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $29,713 -- --

Home Value Compared to the Market

This property vs the competition

4850 Mount Royal Dr is listed 54.17% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 4850 Mount Royal Dr

Detailed summary of property

4850 Mount Royal Dr is a land located in Los Angeles, CA 90041 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 9,772 square foot lot. 4850 Mount Royal Dr was first listed on ArdentRealEstateGroup.com on September 24, 2024. The homeowner is currently asking $550,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 54.17% lower than the median priced home. Local competing homes currently for sale include 0 Glen Oaks Blvd, 4011 N Glenalbyn Dr and 3995 Glenalbyn Dr. While the average home in Los Angeles, CA is selling in 106 days, 4850 Mount Royal Dr has a days on market of 4 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4850 Mount Royal Dr Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4850 Mount Royal Dr

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
1,983
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5689-011-008

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$737
Median Sold Price
$1,460,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
39
Median Sale to List Price %
97.4%
Avg Days on Market
25
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (23.53%), Other (17.65%)

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Related Resources to 4850 Mount Royal Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.