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$10,900,000
0 Sqft
14,986 Sqft lot

1229 N OLIVE Drive, West Hollywood, California 90069

  • Land Property Type
  • 753 Days Time on market
Property Description

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.

Basic Details
Land
Buy
22143836
$10,900,000
0 Sqft
14,986 Sqft
Active
Lots/Land
Lots/Land
Features
: City Lights, Hills
0
$0
: Other
Address
CA
Los Angeles
West Hollywood
90069
1229 N OLIVE Drive
1229
Drive
0
W119° 37' 32.8''
N34° 5' 33.5''
N
Additional Information
753
0
0 Sqft
0 Sqft
0 Sqft
0.34 Sqft
14,986 Sqft
1
0 Sqft
WDR4*
5555003032
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
06/04/2022 10:49:08
$11,500,000
: Standard
Two blocks east of La Cienega Blvd and one block south of Sunset Blvd.
Destrahan
Harry Hurst
Keller Williams Beverly Hills
Jordan Petito
CLW-X74054
CLW-C130285
$0
1
1
0
0
US-06037-N-5555003032-R-N
27/07/2022 18:57:37
OLIVE
C10 - West Hollywood Vicinity
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