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$ 8,699,999
Est. payment /mo
New
1229 N Olive DR West Hollywood, CA 90069
3 Beds
2 Baths
2,288 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $3,802
MLS Listing ID 25552559
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1920
Lot Size 0.346 Acres
Property Sub-Type Single Family Residence
Property Description
Two Side-by-side parcels in West Hollywood, 1229-1235 N. Olive Dr, offering over 15,000 sq ft with 100 ft of frontage. Multiple pathways exist for visionary developers taking advantage of West Hollywood's R4B zoning. These parcels are nestled in a prime location mere moments from the iconic Sunset Strip and neighboring landmarks like the The Pendry, The One Hotel, and LA's world-class entertainment, dining, and shopping. A generational opportunity to build the future of West Hollywood in one of the world's most coveted locations. A By-Right Luxe Development (21 Units, 4 Story), Density Bonus (28 Units, 5 Story) and an All-Affordable Housing option (7 Story), are all on the table with the city's recent game changing development initiatives (See WEHO Minutes). Contact LA1 for info about this exciting new proposed framework. Please do not disturb occupants or walk onsite unattended.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4B*
Interior
Heating Central
Cooling Central Air
Fireplaces Type Decorative
Furnishings Unfurnished
Fireplace Yes
Laundry Inside
Exterior
Parking Features Gated
Pool None
View Y/N Yes
Private Pool No
Building
Entry Level Two
Architectural Style See Remarks
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5555003032
Special Listing Condition Standard
Listed by Travis Parker • Sotheby's International Realty