1900 Holmby Avenue Active

Los Angeles,CA 90025

$ 1975000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25504451

Lot Size 5,638 Sqft

Property Sub-Type Unimproved Land

Property Description

Calling all developers and owner users! This property is a unique development opportunity to build six (6) for-sale condo units walking distance to the upscale Westfield Century City Mall. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is a rare opportunity to add density in a highly desired westside neighborhood. Conveniently located adjacent to Westwood and Beverly Hills, the investment in and around the property is unparalleled, anchored with UCLA recently acquiring 700k sqft of the former Westside Pavilion to serve as their state-of-the-art research and innovation hub. The property benefits from a Transit Oriented Communities (TOC) Tier 2 designation that allows for an increase in density and height bonus. The existing house is currently vacant and consists of 2 bedrooms and 2 baths located in a highly regarded school district. Plans have been submitted and approval for Preliminary Zoning Assessment (PZA) and TOC Tier Verification have been confirmed. Significant progress with plans have been made but the project is NOT being delivered RTI. Don't miss this opportunity!

Location

State CA

County Los Angeles

Zoning LARD

Exterior

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Building

New Construction No

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