About 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 $10,900,000 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.
Features of 1235 N Olive Dr
| MLS® # | 22-143871 |
|---|---|
| Price | $10,900,000 |
| Acres | 0.34 |
| Type | Lot-Land |
| Status | Active |
Community Information
| Address | 1235 N Olive Dr |
|---|---|
| Area | West Hollywood Vicinity |
| City | WEST HOLLYWOOD |
| County | Los Angeles |
| State | CA |
| Zip Code | 90069 |
Amenities
| View | None |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
Additional Information
| Date Listed | April 5th, 2022 |
|---|---|
| Days on Market | 772 |
| Zoning | WDR4* |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jordan Petito (02023714) |
|---|---|
| Office | Keller Williams Beverly Hills |