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Map
$1,395,000
●
House -
For Sale
5837 Willoughby Ave
Los Angeles, CA 90038
4 Beds
2 Baths
1681 Sqft
$1,395,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model
About This Property
We are pleased to present for a sale a prime LAR3 development
opportunity in Hollywood! Located just steps away Paramount
Studios, this FLAT ~6,500 sqft lot offers a developer the
opportunity to build 8 units by right or up to 15 units using TOC
Incentives. Perfect for double duplex/townhome style units as well!
Attractive seller financing terms available, call for more details!
Also an excellent opportunity to build an ED 1, fully affordable
housing project! Lot dimensions are 50 sqft by 130 sqft, zoned
R3-1XL, TOC Tier 2, and comes with an alley! Subject property is
currently a duplex that will be delivered VACANT!! Property has
been owner occupied for the last 5+ years, meaning no dealing with
tenant relocation or new onerous SB 8 regulations! The site is
located within an Opportunity Zone, which may provide additional
tax incentives (buyer to verify). Do not miss this opportunity to
purchase a RARE development site near all the shopping,
restaurants, transportation, and amenities that Hollywood has to
offer its tenants!! Excellent location close to Paramount Studios,
West Hollywood, Larchmont Village & Hancock Park. Buyer to verify
all zoning regulations with LADBS. Property to be sold As-Is.
Contact listing agent for more details!
The manager has listed the unit size as 1681 square feet.
The manager has listed the unit size as 1681 square feet.
Unit Size
1,681Ft²
Days on Market
183 days
Land Size
0.15 acres
Price per sqft
$830
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921
Listed By
Last updated: 6 months ago (CLAWCA #326509)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 18, 2023 | No longer available | - | |
No longer available | |||
Nov 17, 2023 | Relisted | $1,395,000 | |
Relisted | |||
Oct 31, 2023 | No longer available | - | |
No longer available | |||
Oct 30, 2023 | Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | $1,395,000 | |
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | |||
Apr 10, 2023 | Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | $1,450,000 | |
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | |||
|
|||
PRICE REDUCED for quick sale! We are pleased to present for a sale
a prime LAR3 development opportunity in Hollywood! Located just
steps away Paramount Studios, this FLAT ~6,500 sqft lot offers a
developer the opportunity to build 8 units by right or up to 15
units using TOC Incentives. Attractive seller financing available,
call for more details! Also an excellent opportunity to build an ED
1, fully affordable housing project! Lot dimensions are 50 sqft by
130 sqft, zoned R3-1XL, TOC Tier…
|
Property Highlights
Building Info
Overview
Building
Neighborhood
Zoning
Geography
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
House
3
Beds
2
Baths
1,650 ft²
$684/ft²
$1,129,000
Jul 17, 2023
-
$380/mo
Active
Multifamily
3
Beds
3.5
Baths
2,173 ft²
$736/ft²
$1,600,000
Oct 11, 2023
-
-
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