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Lot Size

23,146 sf

Status

Active

Los Angeles

927 Rome Drive

About This Property

Rare opportunity to acquire The Rome Drive Collection, two contiguous R1-zoned hillside parcels totaling approximately 23,146 square feet in one of Mount Washington's most desirable residential neighborhoods. Unlike most vacant land offerings, this exceptional development opportunity is accompanied by an extensive preliminary due diligence package thoughtfully assembled to accelerate feasibility review and project evaluation. Available materials include boundary and topographic surveys, preliminary geotechnical investigation, hillside slope analysis, LADBS residential floor area verification calculations, conceptual subdivision planning, and architectural concepts for a boutique three-residence community. Together, these studies provide qualified buyers with a significant head start in understanding the property's development potential while reducing the time, cost, and uncertainty typically associated with hillside acquisitions. The current concept envisions three contemporary single-family residences carefully designed to respond to the site's natural topography while maximizing allowable residential floor area under applicable hillside development standards. Whether pursuing the existing vision or creating an entirely new architectural expression, buyers will appreciate the substantial planning and engineering work already completed. Perched above the surrounding neighborhood, the property enjoys beautiful hillside, mountain, and city views in a quiet residential setting, just moments from the award-winning Mount Washington Elementary School. Highland Park, Glassell Park, Eagle Rock, Pasadena, Dodger Stadium, and Downtown Los Angeles are all just minutes away, offering exceptional access to the cultural, dining, and employment centers that continue to define Northeast Los Angeles. Development opportunities of this scale, preparation, and location are increasingly uncommon. Offered together as two legal parcels, The Rome Drive Collection presents an exceptional opportunity for developers, builders, architects, and investors seeking to create a distinctive residential project in one of Los Angeles' premier hillside communities.

Neighborhood

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Listing courtesy of The Shelhamer Real Estate Group

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$449,000

Est. Monthly Payment

$2,869/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Glenn Shelhamer

The Shelhamer Real Estate Group