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12242 Laurel Terrace, Studio City, CA 91604

Residential lot with free existing plans, topo map, and soil report, with entitlements work already underway.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market34

Property Features for 12242 Laurel Terrace

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Land

Additional Details

Highway Access Yes
Clear Height 10 ft
Listing Agency: Pinnacle Estate Properties, Inc.
Listed By: jenia cohenrad · License #01766116
Source: Crexi
Added: Jul 6 Changed: Aug 8 Last Checked: Jul 9 at 1:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Estate Properties, Inc.

Investment Insights

Based on property information with market context.

This is a for-sale residential development lot offered with free existing plans, a topographic map, and a soil report. The seller notes that related fees are paid and that construction can begin immediately. The lot is described as providing privacy and valley views, and it is situated next to existing single-family homes south of the boulevard.

The provided information indicates the available plan package is for a nearly 3,000-square-foot residence with a basement, 4 bedrooms, and 4.5 bathrooms, plus features including 10-foot high ceilings and an elevator. The plans also call for entertainment living space that opens to the backyard overlooking an infinity pool and include a rooftop terrace for entertaining.

The property is listed as being suitable for building a custom home, with the lot described as a 6,000-square-foot site. The seller states the project is near freeway access as well as restaurants, shops, and entertainment, and encourages drive-by review and offers.

Key Highlights

  • Residential lot in Studio City with free existing plans, topo map, and soil report.
  • Entitlement work already underway, with construction able to begin immediately.
  • Plans for nearly 3,000 sq ft of living space plus a basement, including 4 bedrooms and 4.5 bathrooms.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,177
Businesses Nearby

Demographics for 91604, CA

30,947
Population
15,900
Households
1.9
Avg Household Size
40
Median Age
65%
College-Educated
98%
High-School Grad
4.7 sq mi
ZIP Area
6,584
Density / Sq Mi
$141,317
Median Household Income
$72,208
Median Earnings
$2,471
Median Rent
$1,698,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot with free existing plans, topo map, and soil report, with entitlements work already underway.
Where is this residential land & home lot located?
The property is located at 12242 Laurel Terrace Studio City, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Residential lot in Studio City with free existing plans, topo map, and soil report.; Entitlement work already underway, with construction able to begin immediately.; Plans for nearly 3,000 sq ft of living space plus a basement, including 4 bedrooms and 4.5 bathrooms.
(818) 613-3829 Call to check price and availability
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