$1,200,000
$798K PRICE DROP

Estimated payment $8,651/month

Total Views 4,758
0.25 Acre
$4,746,835 Price per Acre
11,012 Sq Ft Lot

About This Lot

Discover the potential of this exceptional vacant lot with Mulholland Design Review Board Approved Plans & Permits RTI, ideally located in the celebrity enclave of lower Nichols Canyon. This 11,000 square foot lot offers an incredible opportunity for developers, investors, or those dreaming of building their custom home. Approved plans are already in place for a stunning, modern 3,200 SF residence with a pool, spa & rooftop, streamlining the path from purchase to construction. Set on a peaceful, established street, the lot provides both privacy and convenient access to nearby dining, shopping, and entertainment hubs. Thoughtfully designed with contemporary architecture and optimized layouts, the approved plans maximize light, space, and indoor-outdoor flow, embodying the best of California living. Whether you're a seasoned developer or a visionary homeowner, 2620 Jamaica invites you to bring your vision to life in one of LA's most vibrant and growing communities. Don't miss out on this rare opportunity to build a remarkable property with minimal pre-construction delays.

Listing Agent

Trey Alligood

Douglas Elliman License #02099406 Listed on: 11/13/2024

Douglas Elliman

Co-Listing Agent

Michael Druker

Douglas Elliman License #02023164

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,356

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 184x60
  • Property is zoned LARE11

Property Views

  • Views of Woods

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5571-001-004

Property Details

Property Type

Land

Est. Annual Taxes

$25,356

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2528
  • Lot Dimensions: 184x60
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Tree Top, Trees/Woods
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5571-001-004
  • Lot Size Area: 11014

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,356 $2,122,415 $1,697,932 $424,483
2024 $25,356 $2,080,800 $1,664,640 $416,160
2023 $24,864 $2,040,000 $1,632,000 $408,000
2022 $6,235 $505,910 $202,358 $303,552
2021 $6,151 $495,991 $198,391 $297,600
2019 $5,904 $481,281 $192,507 $288,774
2018 $5,876 $471,845 $188,733 $283,112
2016 $5,579 $453,524 $181,405 $272,119
2015 $5,499 $446,713 $178,681 $268,032
2014 $5,525 $437,963 $175,181 $262,782
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Price Changed $1,200,000 -39.9% --
11/13/2024 11/13/24 For Sale $1,998,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,000,000 First American Title Company
Grant Deed -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 24-436559

The MLS

APN: 5571-001-004