ATTENTION DEVELOPERS & INVESTORS: HUGE Development Opportunity in Holmby Hills across from Holmby Park! Lot is over an acre with the potential to subdivide into 2 lots. On the upper portion of the lot is a 3 story 6,700 s.f. Monterey Spanish with attached 3 car garage — great bones but needs TLC: original tile in bathrooms and kitchen, peg & groove hardwood floors plus marble floors, curved marble staircase in formal entry, arched doorways, and coved ceilings throughout. 2nd. story front facing covered balcony, and huge basement with a finished pine paneled den and fireplace. The lower portion of the lot is an orchard with an old greenhouse. Potential Buyer must enter into a Lease/Lease Option Agreement during their due diligence process. Buyer must cooperate with Seller’s 1031 Exchange at no cost or liability to Buyer. Contact Listing Agent #2 for details. Shown by appointment only – 24 hour notice.