942 Wilcox AVE new

Los Angeles,CA 90038

$ 1695000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24458647

HOA Y/N No

Lot Size 6,817 Sqft

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 C20 - Hollywood

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N Yes

Building

New Construction No

Others

Senior Community No

Tax ID 5533021023

Special Listing Condition Standard

View More
Favorite Go Tour