West Hollywood, CA 90069 1229 N Olive Drive
$10,900,000
0 more
Presented By: Jordan Petito with Keller Williams Beverly Hills
Home Details
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.
Presented By: Jordan Petito with Keller Williams Beverly Hills
Interior Features for 1229 N Olive Drive
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths
Other Interior Features
Street SuffixDrive
General for 1229 N Olive Drive
Buyer Agent Compensation1.500
Buyer Agent Compensation Type%
CityWest Hollywood
CountyLos Angeles
Days on Market688
DirectionsTwo blocks east of La Cienega Blvd and one block south of Sunset Blvd.
HOA / Comm AssnNo
Lot Size Square Feet14986
MLS AreaC10 - West Hollywood Vicinity
New ConstructionNo
Property TypeLand
Senior Community Y/NNo
SewerOther
Standard StatusActive
StatusActive
Street NameOLIVE
ViewCity Lights, Hills
View Y/NYes
ZoningWDR4*
Exterior for 1229 N Olive Drive
Lot Size Acres0.344
Lot Size Area14986
Lot Size SourceEstimated
Lot Size UnitsSquare Feet
Total Parking0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480