1235 N OLIVE DR West Hollywood , CA 90069
1235 N OLIVE DR West Hollywood , CA 90069| Property type: | Land |
| MLS #: | 22-143871 |
| Days On Market: | 50 |
| County: | Los Angeles |
| Zoning: | WDR4* |
Property Details
The sale of 1229 & 1235 N Olive Dr. consist of two parcels total 14,986 SF of land in prime luxurious West Hollywood. Perfect for a developer, this opportunity is extremely rare, zoned WDR4, with two single-family residences that will be delivered vacant at the close of escrow. Enjoy one of Los Angeles's most coveted West Hollywood neighborhood. This ultra luxurious neighborhood features a walk score of 91 making it a walker's paradise. Featured in West Hollywood are prominent hotels, famous restaurants, entertainment and nightlife scenes, as well as boutique shopping. Listing price is for two lots. Both 1229 and 1235 N Olive are being sold together for a total of $11,500,000 with a total of 14,986 SF. Olive Drive has development potential for explosive views. Build up to 17 units by-right or 27 units with 5-stories utilizing the statewide density increase bonus (Buyer to verify). 1229 N Olive Drive only can purchase separately for $5,450,000. Property is available for Lease at $18,500 per month.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Land Info
| Directions: | Two blocks east of La Cienega Blvd and one block south of Sunset Blvd. |
| Potential Land Use: | Condo or Apartment Development |
| Present Land Use: | Single Family |
| View: | None |
| Waterfront: | None |
Infrastructure
| TV/Cable: | Yes |
| Disclosures: | None |
| Gas: | On Site |
| Sewer: | On Site |
| Special Zoning: | None |
| Telephone: | Yes |
| Water: | Public |
Community
Detailed Map
Schools
Find a great school for your child
$ 10,900,000
0.34Acres
$ 32,058,824per ACRE
14,986 ft2Lot Size
Land
