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1235 N OLIVE DR
WEST HOLLYWOOD CA 90069 US

$10,900,000

Active Listing ID 22-143871
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Lot: 0.34 Acres
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Other

$10,900,000

Active Listing ID 22-143871
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1235 N OLIVE DR 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. Property is available for Lease at $18, 500 per month.

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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 10900000
  • unparsedaddress: 1235 N OLIVE DR
  • postalcity: WEST HOLLYWOOD
  • stateorprovince: CA
  • country: US
  • postalcode: 90069
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.34
  • lotsizeunits: Acres
  • lotsizearea: 0.34
  • livingareaunits: Square Feet
  • latitude: 34.092742
  • longitude: -118.374278
  • listagentfullname: Jordan Petito
  • listagentemail: jordan@petitocre.com
  • listagentkey: 3yd-CLAWCA-C130285
  • listagentmlsid: C130285
  • listagentpreferredphone: 3104326400
  • listagentofficephone: 3104326400
  • listofficekey: 3yd-CLAWCA-X74054
  • listofficemlsid: X74054
  • disclaimer: Copyright © 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.
  • sourcesystemid: CLAWCA
  • listingcontractdate: 2022-04-05
  • listagenturl: http://beverlyhills.yourkwoffice.com/home
  • countyorparish: Los Angeles
  • parcelnumber: 5555-003-033
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.374278, 34.092742
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Listing Changed: 4/10/2024 2:18:09 PM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: Jordan Petito, Keller Williams Beverly Hills, jordan@petitocre.com

Copyright © 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.

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