Residential Land for Auction in Los Angeles, California

Luxury Private Auction. This property is being offered through a luxury private auction process. The above list price reflects the seller's reserve price. Bids/offers may be submitted now through December 11, 2026. Cash and financing are accepted. The seller reserves the right to accept, reject, or counter any bid/offer at any time. Please visit the Elevate Auctions website for full terms and details. Rare development opportunity in the highly sought-after Sunset Plaza neighborhood of the Hollywood Hills. Perched above the city, this hillside property offers sweeping panoramic views of the Los Angeles skyline, surrounding hillsides, and Pacific Ocean. The sale includes two parcels (APNs 5558-016-003 and 5558-016-047), totaling approximately 7,909 square feet. Surrounded by some of Los Angeles' most desirable residential enclaves, the property presents an exceptional opportunity to envision and create a custom luxury residence in a setting defined by dramatic views and natural beauty. With the potential for even more expansive view corridors, this offering represents a compelling opportunity for developers, investors, and end users seeking to bring their vision to life in one of the Hollywood Hills' most coveted locations.