Search
Sunset Plaza Development Opportunity
For Sale
$999,000

1501 Marlay Drive, West Hollywood, CA 90069

Approved plans for a modern home with panoramic city views.

Property Size3,200 SF
Price / SF$312.19
Days on Market150

Property Features for 1501 Marlay Drive

General Information

Standard status Active
Size 3,200 SF
Property subtype Land Lot
Zoning LAR1

Amenities

No
Listing Agency: Standard Home Realty
Listed By: Brandon Guerrero · License #02046667
Source: Compass
Added: Mar 13 Changed: Aug 8 Last Checked: Jul 16 at 4:47AM

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 Standard Home Realty

Investment Insights

Based on property information with market context.

This property presents a development opportunity in Sunset Plaza, a coveted enclave of the Hollywood Hills. The site offers unobstructed panoramic city views. Fully approved architectural plans are in place for an approximately 3,200-square-foot modern home. The design incorporates five bedrooms and six bathrooms, a rooftop pool with 180-degree views, a climate-controlled wine cellar, a private screening room, and bespoke finishes. Located along the winding streets of the Hills, the property provides privacy while being close to the Sunset Strip's dining, boutiques, and nightlife. This is an opportunity for developers, investors, or end users to create a vision in a neighborhood known for prestige. Sunset Plaza commands top-of-market sales, with comparable properties achieving landmark prices. The property will be delivered RTI (Ready-To-Issue permits).

Key Highlights

  • RTI (Ready‑To‑Issue) fully approved architectural plans for a 3,200 sq ft modern home, streamlining the building process.
  • Unobstructed panoramic city views from sunrise to sunset, offering a prime showcase of Los Angeles living.
  • Located in Sunset Plaza, a prestigious and highly sought‑after neighborhood in the Hollywood Hills.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Daycare Center Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Fish Market Butcher

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

Location Intelligence

Trade Area within ½ mile

4,184
Businesses Nearby

Demographics for 90069, CA

20,584
Population
15,160
Households
1.4
Avg Household Size
44
Median Age
72%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
9,356
Density / Sq Mi
$110,705
Median Household Income
$80,535
Median Earnings
$2,230
Median Rent
$1,085,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved plans for a modern home with panoramic city views.
Where is this residential land & home lot located?
The property is located at 1501 Marlay Drive West Hollywood, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: RTI (Ready‑To‑Issue) fully approved architectural plans for a 3,200 sq ft modern home, streamlining the building process.; Unobstructed panoramic city views from sunrise to sunset, offering a prime showcase of Los Angeles living.; Located in Sunset Plaza, a prestigious and highly sought‑after neighborhood in the Hollywood Hills.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message