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.