$1,695,000
942 Wilcox Ave Los Angeles, CA 90038
7
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$1,695,000
Est. payment /mo
6,815 Sqft Lot
Active
942 Wilcox Ave Los Angeles, CA 90038
UPDATED:
11/23/2024 07:01 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-458647
Lot Size 6,815 Sqft
Acres 0.1565
Property Description
This exceptional lot in the heart of Hollywood is zoned for multi-family development and fully entitled for a luxurious 15-unit apartment building. The approved plans include a 4-story structure with one level of subterranean parking, featuring 3 designated affordable units. Situated in a highly sought-after area with proximity to entertainment, dining, and all the best that Hollywood has to offer. Zoned for multi-family use, offering an ideal canvas for developers looking to capitalize on Hollywood's thriving real estate market. Additionally, there is significant potential to re-entitle the property for up to 26 affordable living units or 5-6 luxury condos, offering flexibility for various development strategies. This is a rare opportunity to develop in one of Los Angeles' most dynamic and desirable neighborhoods!
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR3
Exterior
View Y/N Yes
View Walk Street
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Compass
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