$2,095,000
For Sale

1900 Holmby Avenue

Los Angeles, CA 90025
Listing OfficeSHK Realty
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

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!

  • Property Details
      • CountyLos Angeles
      • Original List Price$2,095,000
      • Property TypePurchase
      • MLS #25504451
      • MLS #25504451
      • Cost2095000
      • Acres0.1294
      • Property SubtypeLand

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group

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