8
See all 8 photos
$1,975,000
Est. payment /mo
5,638 Sqft Lot
Price Dropped by $120K
1900 Holmby Ave Los Angeles, CA 90025
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25504451
Lot Size 5,638 Sqft
Acres 0.1294
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 Mall. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is a rare 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 and approval for Preliminary Zoning Assessment (PZA) and TOC Tier Verification have been confirmed. Significant progress with plans have been made but the project is NOT being delivered RTI. Don't miss this opportunity!
Location
State CA
County Los Angeles
Area Westwood - Century City
Zoning LARD1.5
Exterior
View Y/N No
View None
Others
Special Listing Condition Standard
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Listed by SHK Realty