Listing by: Geoffrey Frid, Compass

0 Beds

n/a Full bath

n/a SqFt

Active

This exceptional lot in the heart of Hollywood is zoned for multi-family development and fully entitled for a luxurious 15-unit apartment building. The approved plans include a 4-story structure with one level of subterranean parking, featuring 3 designated affordable units. Situated in a highly sought-after area with proximity to entertainment, dining, and all the best that Hollywood has to offer. Zoned for multi-family use, offering an ideal canvas for developers looking to capitalize on Hollywood's thriving real estate market. Additionally, there is significant potential to re-entitle the property for up to 26 affordable living units or 5-6 luxury condos, offering flexibility for various development strategies. This is a rare opportunity to develop in one of Los Angeles' most dynamic and desirable neighborhoods!

Property Details
Price $1,695,000
Lot Size Area 6815
Lot Size Area Units Square Feet
Acres 0.1565
Property Type Land
Geographic Data
Directions Please use navigation, North of Melrose, East of Highland.
County Los Angeles
Latitude 34.088358
Longitude -118.330652
Market Area C20 - Hollywood
Address Information
Address 942 Wilcox Avenue, Los Angeles, CA 90038
Postal Code 90038
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Compass
Listing Agent Geoffrey Frid
Special listing conditions Standard
MLS Information
Days on market 8
MLS Status Active
Listing Date Nov 15, 2024
Listing Last Modified Nov 23, 2024
Tax ID 5533021023
MLS Area C20 - Hollywood
MLS # 24458647

This information is believed to be accurate, but without any warranty.
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