$1,290,000
$1,350,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
7,431 Sqft Lot
SOLD DATE : 02/20/2025
Key Details
Sold Price $1,290,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24455535
Sold Date 02/20/25
HOA Y/N No
Lot Size 7,431 Sqft
Property Description
We are pleased to present the opportunity to acquire this 7,431 SF incredible development opportunity, located in the Miracle Mile/Mid-Wilshire submarket. The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU's. The property has been owner-occupied and will be delivered 100% vacant (homeowners exemption taken over the last 5 years). The property features a premier location, walking distance to numerous amenities, restaurants and employment centers. Additionally, the Central location between Hancock Park, West LA, Miracle Mile, and Culver City makes this an ideal investment for developers looking for top of the market rents.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR2
Interior
Fireplace No
Exterior
View Y/N Yes
Building
New Construction No
Others
Senior Community No
Tax ID 5084010004
Special Listing Condition Standard
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Bought with Adam Shamooelian • Keller Williams Beverly Hills