REDUCED! We are proud to present for sale a development opportunity in Prime West Hollywood!Be in the middle of it allwhere everyone wants to be! The 50x128 vacant lot consists of 6,450 SF of R3B Land, allowing 1 Unit per 1,210 SF by right. Build 5 units by right or focus on a Density Bonus and build more! Zoning allows for 3 stories up to 35 feet in height. Build condominiums or apartmentsthe demand is there with some of the highest rents in the Greater Los Angeles area! Walking distance to the Melrose Shopping District, this property is labeled a Walker's Paradise, with a Walk Score of 97 out of 100! Walk to Whole Foods, fine dining, fast dining, myriad coffee spots, shopping, nightlifeanything a resident may need! Fairfax Ave. (two tiny blocks away), is quickly becoming a central WeHo / LA destination with many new restaurants and hospitality destinations. Easy access to Laurel Canyon or take Fountain, the fastest way to Hollywood!
Property Type :
Land
County :
Los Angeles
Style :
Land
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ByOwner last updated this listing 05/16/2024 @ 10:40
MLS: 24355273
LISTED BY: Dario Svidler, Keller Williams Beverly Hills
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
