West Hollywood CA  home offered at $10,900,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

1235 N OLIVE Drive
West Hollywood, California CA 90069-2706
Price: $10,900,000
Mortgage Calculator
Listing ID: 22143871
Price/SqFt: $727.35
Status: Active
Acres: 0.344 Acres

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.

Primary Features

County: Los Angeles
Price Reduction Date: 2022-06-30T17:08:38+00:00
Price/SqFt: 727.35
Property Type: Lots and Land
Zoning: WDR4*

External

Lot Size Area: 14986
Lot Size Source: Estimated
Lot Size Square Feet: 14986
Sewer: Other
View: no
View Type: None

Location

Country: US
MLS Area Major: C10 - West Hollywood Vicinity

Additional

Assessments: no
Association: no
Days On Market: 688
List Agent State License: 02023714
List Office State License: 01428775
Lot Size Units: Square Feet
New Construction: no
Parcel Number: 5555003033
Senior Community: no

Financial

Land Value: 11500000
Land Value Percent: 100
Special Listing Conditions: Standard

Zoning Info


© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, March 28th, 2024.

Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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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Listed by: JordanPetito, DRE #02023714 from Keller Williams Beverly Hills 310-432-6400

Contact - Listing ID 22143871

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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