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… Read More 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) has been received. TOC Tier Verification and SB8 exemption have been confirmed. Significant progress with plans have been made but the project is NOT being delivered RTI. Don't miss this opportunity! Read Less
Courtesy of SHK Realty 310-494-6045
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Lot Size
0.13 Acres
MLS Number
26646669
30 Days Snapshot Of 90025
$1.72M
+24%
(avg) sold price
7
-50%
homes sold
206
+103%
(avg) days on market
Snapshot
Area Map
Additional Details
Disclosures
As Is, Building Plans Available
Lot
LotAcreage: 0.1294, LotSizeArea: 5,638
Miscellaneous
None
Property
Zoning: LARD1.5
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