Active
1229 N OLIVE DR
WEST HOLLYWOOD CA, 90069
$9,500,000
$633.92 per sqft
Active
0.34 Acres
Land
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.
22-143836
MLSⓇ ID
April 6, 2022
Listed
September 13, 2024
Updated
Map
1229 N OLIVE DR
WEST HOLLYWOOD CA, 90069
Exterior/Building Features
Lot Size
0.34 Acres
Sewer
On Site
Other Property Details
Area Name
West Hollywood Vicinity
Days on Market
819
Garage
No
View
Yes
View Description
City, Hills
County
Los Angeles
Water Source
District
Pool
No
Zoning
WDR4*
Listed by Jordan Petito with Keller Williams Beverly Hills
Listing Contact: 310-497-4362
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ben Bacal | CA DRE# 01437782 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024
