1235 N Olive Dr West Hollywood CA 90069 MLS #2941846484

1235 N Olive Dr
West Hollywood, CA, 90069
Beds
0 Baths
SqFt
0.34 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.
Listing courtesy of Jordan Petito at Keller Williams Beverly Hills

Property Details

Price:
$10,900,000
MLS #:
2941846484
Status:
Active
Baths:
0
Address:
1235 N Olive Dr
Type:
Land
City:
West Hollywood
Listed Date:
Dec 1, 2023
State:
CA
ZIP:
90069
Lot Size:
14,810 sqft / 0.34 acres (approx)

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1235 N Olive Dr
West Hollywood, CA