1 /
5
Map
$10,900,000
↓ $600K (5.2%)
●
Land -
For Sale
1229 N OLIVE DR
WEST HOLLYWOOD, CA 90069
Studio
0 Bath
$53,521
Estimated Monthly
$0
HOA / Fees
About This Property
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). 1229 N Olive Drive only can
purchase separately for $5,450,000.
Unit Size
-
Days on Market
752 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1920
Listed By
Last updated: 3 months ago (CLAWCA #143836)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2022 | Price Decreased |
$10,900,000
↓ $600K
(5.2%)
|
|
| Price Decreased | |||
| Apr 5, 2022 | Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | $11,500,000 | |
| Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | |||
| Jan 17, 2019 | No longer available | - | |
| No longer available | |||
| Nov 26, 2018 | Listed | $3,999,995 | |
| Listed | |||
|
|||
|
Extremely rare offering of the last two contiguous view site R4
lots in West Hollywood. This opportunity only comes around once in
a lifetime. Both 1235 and 1229 Olive are being sold together for a
total of 101' of frontage on Olive with the potential for explosive
views. Both properties must be sold together, APN#'s 5555-003-033
and 5555-003-032. Additionally 1225 Olive is for sale with
unrelated seller -MLS # 18-345290, you have the chance to get 3
contiguous lots R4 lots! opportunities…
|
|||
| Nov 22, 2018 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
1229 N OLIVE DR
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
3
Beds
3.5
Baths
3,635 ft²
$2,724/ft²
$9,900,000
Nov 4, 2022
-
$7,243/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/15/2018
|
|
3 Bed
|
2 Bath
|
2288 ft²
|
-
3 Bed
2 Bath
2288 ft²
|
-
-
|
-
|
-
|
Building Info
1229 North Olive Drive
1229 North Olive Drive, West Hollywood, CA 90069
- 1 Unit for Sale
