Listed by Jordan Petito, Keller Williams Beverly Hills,

1235 N OLIVE Drive

West Hollywood, CA, 90069

$10,900,000

$10,900,000
Active
Active
 - For Sale
property_type
Land
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).
MLS® ID:
22143871
Listed:
4/4/22
Updated:
9/27/22

Exterior/Building Features

Lot Size
0.34 acres lot
Sewer
Other

Other Property Details

Area Name
C10 - West Hollywood Vicinity
Garage
No
Parking
N
View
Y
County
Los Angeles
Pool
No
Zoning
WDR4*

Property History

Date
Event
Price
Value
6/30/22
Price Change
$10,900,000
-5%

 

Listed by Jordan Petito, Keller Williams Beverly Hills,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/27/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:51 AM UTC, 9/27/22

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