SELLER PAID $6.9M. LISTED AT $4.5M! Developer/Contractor opportunity. 8,520 sq. ft. (per assessor) contemporary estate on approx. 37,500 sf lot (per assessor) behind gates above Trousdale. Beautiful canyon and city views, pool, spa, decks and flat land. Interiors offer incredible scale with two-story high rooms and high-end finishes. More than $7 million invested. Home is a MAJOR fixer with EXTENSIVE water intrusion from (but not limited to) roof, windows, doors and balconies. There is EXTENSIVE damage from moisture AND water intrusion. Also encroachment issues and other problems. The home is being sold strictly AS-IS and will be subject to a short-sale. Seller will consider all offers.