Attention Developers! Price Reduced! Future Development Potential! Probate Sale. No Court Confirmation Required. This ONE ACRE level development site in located in the highly desirable Melody Acres neighborhood. This oversized parcel (150' x 296' lot dimensions) has lot split potential. Current structures include two units, pool and storage areas. Convenient access to Ventura Blvd restaurants/shops, Hwy 101, The Village at Warner Center, West LA, Burbank Studios, and the Metro G Line connecting the area to Universal Studios, DTLA and beyond. Los Angeles zoning RA-1 with a minimum lot area per dwelling unit is only 17,500 sq. ft