The principals of Vivative Ventures, Inc. are teaming up with the principals of the Glogreen, LLC (the Development Team) to acquire and entitle a unique and promising investment opportunity, at below market value, in a special location of the prestigious Hollywood Hills in the city of Los Angeles, California. The property sits at the precipice of one of the highest mountains in the Hollywood Hills and is accessible through a cul-de-sac. It measures 28,838 SF and has stunning 360-degree unobstructed views of the Hollywood Hills, including the Hollywood sign, from anywhere on the property. Its location is about 8 minutes away from the heart of Hollywood with close proximity to school, shopping, transportation, most within a 3-mile radius.
Tucked on a private driveway off Sunset Plaza Drive, on over a half-acre lot, sits this sleek contemporary oasis with commanding views of the rolling hills of Hollywood & beyond. With surroundings of the famous Trousdale Estate, Mt Olympus and Sunset Strip the development team has envisioned a rare opportunity to re-analyze and strategize the hillside original design of two houses (main and guest house) totaling 11,683 SF, further increasing the habitable space to approximately 9,835 SF. This is achievable with underlying incentives from the city as well as neighborhood improvements.
With the combination of engineering and design, the team envisions the opportunity to maximize energy efficiency, space, light and flow. This includes: