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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,875,000

Est. payment - /mo

2 Beds

2 Baths

5,636 Sqft Lot

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26646665

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1937

Lot Size 5,636 Sqft

Property Sub-Type Single Family Residence

Property 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. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is an incredible 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 to the city. Approval for Preliminary Zoning Assessment (PZA) has been received. TOC Tier Verification have been confirmed and the property is SB8 Exempt. Don't miss this opportunity!

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Inside, Laundry Closet

Exterior

Parking Features Door-Multi, Garage

Pool None

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Entry Level One

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4317002015

Special Listing Condition Standard

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Listed by Omid Shokoufandeh SHK Realty #01938930

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1900 Holmby AVE Los Angeles, CA 90025