Fantastic opportunity to purchase this land with foundation and retaining walls have already been built. Land comes with approved and updated Geology Report. Ideal for developers or owner users and even would work for investors and flippers. This ideal property is located in close proximity to the Houdini Estate. This land has the foundation and substructure and grading already done. A seasoned developer who knows their way around the city might be able to get the old permits Alternatively, if the new owner decides to demolish the structure the existing foundation, retaining walls and some other improvements could be salvaged and used in the construction of a new home. Land is under the Los Angeles Hillside Ordinance as well as Mulholland Scenic Review Board Jurisdiction. It is in close proximity to the Sunset Strip as well as Mulholland Drive Community.