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$10,900,000
1229 N Olive Dr, West Hollywood, CA 90069
0 Beds
0 Baths
n/a SqFt

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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).
  • Price:
  • $10,900,000
  • Acreage:
  • 0.34
  • Listing ID #:
  • 22-143836
  • Street Address:
  • 1229 N Olive Dr
  • City:
  • West Hollywood
  • State:
  • California
  • Postal Code:
  • 90069
  • County:
  • Los Angeles
  • Listing Status:
  • Active
  • Listing Type:
  • Lots And Land
  • View:
  • City, Hills
  • Conforms To Zoning:
  • Wdr4*
30-year Conforming

6.541%

-0.042%

30-year FHA

6.479%

-0.033%

30-year VA

6.27%

-0.081%

Last updated: 11/30/2022
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*OPTIMAL BLUE MORTGAGE MARKET INDICES - Calculated from actual locked rates with consumers across more than one-third of all mortgage transactions closed nationwide, OBMMI provides multiple mortgage pricing indices developed around the most popular mortgage products and specific borrower attributes and provides configurable trending of rates over time.

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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Copyright © 2022 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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