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1235 N Olive Dr
West Hollywood, CA 90069
MLS# 22-143871 ID: 75317010
$11,500,000
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Property Description
Land/Lot - WEST HOLLYWOOD, CA 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).
Property Features
Status
Days On Market 84 days
Last Updated June 29, 2022
Market Status Available
Description
Property Type Land
Approx. Lot Size .34 Acres
Listing Features
Property Type Lots And Land;
Offered By:
Jordan Petito
Keller Williams Beverly Hills

Data Provided by Combined LA Westside Multiple Listing Service, Inc

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