0.34 Acres of Land for Sale in West Hollywood, California

1235 N Olive Dr, West Hollywood, CA 90069

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0.34 Acres of Land for Sale in West Hollywood, California
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$10,900,000
0.34 acres
Active sale$600k dropEst $109,138/mo

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 $10,900,000 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. Property is available for Lease at $18,500 per month.

Directions

Two blocks east of La Cienega Blvd and one block south of Sunset Blvd.

Property details

County
Los Angeles County
Coordinates
34.0927, -118.3743
Zoning
WDR4*
Elevation
302 feet
MLS Number
CLAW 22-143871
Date Listed

Parcels

  • 5555-003-033

This 0.34-acre property is located at 1235 N Olive Dr in West Hollywood, CA 90069 with latitude 34.0927 and longitude -118.3743. The property is currently available for sale for $10,900,000 with a price per acre of $32,058,824. Listing data is sourced from Combined LA Westside Multiple Listing Service # 22-143871.

Verify sale details at the property source or contact Keller Williams Beverly Hills at (310) 432-6400.

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Copyright (C) 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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Land for sale in West Hollywood, CA