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$ 1,975,000
Est. payment /mo
Active
1900 Holmby Avenue Los Angeles, CA 90025
5,638 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25504451
HOA Y/N No
Lot Size 5,638 Sqft
Acres 0.13
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
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 4317002015

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Listed by Omid Shokoufandeh • SHK Realty