Property listed by Carolwood Estates, Sam Collins 310-623-3600
$2,795,000
Situated in the heart of West Hollywood, this property is a prime teardown opportunity, offering exceptional potential for an investor, developer, or owner-user looking to build their dream home. Since purchasing, the current owner has taken significant steps to prepare the property for redevelopment, including complete asbestos and lead reports,… Read More a site survey, and soil reports. Currently vacant and heavily gutted, the property sits on an expansive lot in a highly desirable location, presenting a rare opportunity to rebuild a Single Family Home + ADU or a Duplex in one of LA's most sought-after neighborhoods. The owner can provide documentation supporting exemption from low-income/affordable unit replacement requirements. The property is subject to the West Hollywood Rent Stabilization Ordinance, but it is being delivered vacant and without tenants. Therefore, any newly constructed units at the property can be listed for market rates. Don't miss this opportunity to redevelop this West Hollywood gem! Property to be sold as-is / teardown. Any buyers and/or agents wishing to tour must sign a liability waiver. Read Less
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,244
Lot Size
0.12 Acres
Year Built
1927
MLS Number
25517995
30 Days Snapshot Of 90048
$3,547k
-26%
(avg) sold price
10
-28%
homes sold
92
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1927, Building area total: 2,244, Levels: Two, Living area: 2244, 2 stories, 1 building, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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