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Map
$3,555,000 - $4,345,000
●
Property -
Off Market
8570 Holloway Dr
West Hollywood, CA 90069
Studio
0 Bath
4003 Sqft
About This Property
8570 Holloway Drive presents a unique and generational investment
opportunity in the heart of West Hollywood, where prime location
meets untapped potential. This charming triplex, situated one block
south of the iconic Sunset Strip at the intersection of Sunset Blvd
and La Cienega Blvd, offers investors a blank canvas with immense
promise. Nestled on a 7,708 SF lot zoned R4B, 8570 Holloway
currently comprises a front duplex and a vacant one-bedroom above
the garages, presenting a unique opportunity for income generation
while pursuing further development. The true allure of this
property lies in its development potential. According to a
BrickWork development report, the future owner can develop up to 8
units "by right" or 14 units by utilizing density bonus incentives.
In addition, the existing front duplex presents the perfect win-win
opportunity. It is well-maintained by current ownership, allowing
the future owner to generate income while undergoing the planning
and development process. The front duplex features (1) two-story
3-bdrm. and 2.5-bath unit and (1) two-story 2-bdrm. and 2.5-bath
unit. Each charming residence features spacious living and dining
rooms perfect for entertainment, skylights and wrap-around picture
windows that allow for plenty of natural light, a shared deck
overlooking a lush and well-landscaped backyard, and an office
space. Please note, the front duplex may be delivered VACANT upon
COE. 8570 Holloway is a rare find in the highly sought-after West
Hollywood market. With its prime location, untapped potential, and
iconic allure of West Hollywood, the property combines immediate
income potential with the promise of substantial future gains
through development.
The manager has listed the unit size as 4003 square feet.
The manager has listed the unit size as 4003 square feet.
Unit Size
4,003Ft²
Days on Market
-
Land Size
-
Price per sqft
$987
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1939
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 22, 2023 | No longer available | - | |
No longer available | |||
Sep 8, 2023 | Listed | $3,950,000 | |
Listed |
Property Highlights
Air Conditioning
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
6
Beds
5.5
Baths
4,581 ft²
$741/ft²
$3,395,000
Oct 10, 2023
-
-
Active
Condo
2
Beds
2.5
Baths
2,726 ft²
$1,651/ft²
$4,500,000
Jan 5, 2023
-
$7,103/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/08/2023
|
|
Loft
|
-
|
4003 ft²
|
$3,950,000
Loft
-
4003 ft²
|
-
-
|
-
|
Max Berger
Compass
|
Building Info
8570 Holloway Drive
8570 Holloway Drive, West Hollywood, CA 90069
- 1 Unit for Sale