942 Wilcox Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90038
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL24458647
HOA Y/N No
Lot Size 6,815 Sqft
Acres 0.16
Property Description
This exceptional lot in the heart of Hollywood is zoned for multi-family development and fully entitled for a luxurious 15-unit apartment building. The approved plans include a 4-story structure with one level of subterranean parking, featuring 3 designated affordable units. Situated in a highly sought-after area with proximity to entertainment, dining, and all the best that Hollywood has to offer. Zoned for multi-family use, offering an ideal canvas for developers looking to capitalize on Hollywood's thriving real estate market. Additionally, there is significant potential to re-entitle the property for up to 26 affordable living units or 5-6 luxury condos, offering flexibility for various development strategies. This is a rare opportunity to develop in one of Los Angeles' most dynamic and desirable neighborhoods!
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5533021023