HUGE Price Improvement! Calling all builders, developers, contractors, investors, and homebuyers who want to build a new construction home with tremendous upside potential! This is an incredible opportunity to buy a heavy-fixer single family home in a highly acclaimed and very desirable neighborhood South of the Blvd within the coveted hills of Studio City. The lot consists of over 9,000 sq. ft. with a mostly usable footprint to build, expand, and develop. Newly replaced sewer line from the house to the street. Close proximity to Mulholland Drive with easy and quick accessibility to the freeway, Westside, shopping, restaurants, Harvard Westlake, award-winning schools, and the studios. Surrounded in a majestic setting with lush trees and native vegetation. Hurry, this once in a lifetime opportunity won’t last long!