Land for Sale in West Hollywood, California

1235 N OLIVE Drive, West Hollywood, California 90069, US

$ 10,900,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 10,900,000
  • MLS ID: 22143871
  • Property Type: Land
  • WEB ID: PR02175486
  • Property Status: Active
  • Lot Size: 14,986sqft
  •  Land for Sale in West Hollywood, California
  •  Land for Sale in West Hollywood, California
  •  Land for Sale in West Hollywood, California
  •  Land for Sale in West Hollywood, California
  •  Land for Sale in West Hollywood, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 10,900,000
  • MLS ID: 22143871
  • Property Type: Land
  • WEB ID: PR02175486
  • Property Status: Active
  • Lot Size: 14,986sqft
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).

Additional Features

  • None
  • Listing Status: Active
  • Listing Agent: Jordan Petito (lic# 02023714) of Beverly Hills/Greater LA
  • Listing Office: Keller Williams Beverly Hills
  • Based on information from CRISNet MLS as of 29th March 2024 at 3:17am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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