1229 Olive Drive
West Hollywood, CA 90069
2288 sqft | 3 beds | 2 baths | 0.35 acres | #25552559
Description
Two Side-by-side parcels in West Hollywood, 1229-1235 N. Olive Dr, offering over 15,000 sq ft with 100 ft of frontage. Multiple pathways exist for visionary developers taking advantage of West Hollywood's R4B zoning. These parcels are nestled in a prime location mere moments from the iconic Sunset Strip and neighboring landmarks like the The Pendry, The One Hotel, and LA's world-class entertainment, dining, and shopping. A generational opportunity to build the future of West Hollywood in one of the world's most coveted locations. A By-RIght Luxe Development (21 Units, 4 Story), Density Bonus (28 Units, 5 Story) and an All-Affordable Housing option (Possible 7 Stories) are on the table, coupled with the city's recent game changing development initiatives (See attached WEHO MInutes PDF)! Contact LA1 for more information about this exciting new proposed framework. DO NOT DISTURB OCCUPANT OR WALK ONSITE UNATTENDED.
Property Details
- Property SubtypeSingleFamilyResidence
- CountyLos Angeles
- Original List Price$8,699,999
- Property TypePurchase
- MLS #25552559
- MLS #25552559
- Cost8699999
- Acres0.3458
- Square Feet2288
- Year Built1920
- Bedrooms3
- Bathrooms2
- Full Baths2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Travis Parker (#CLW-C110210)
Listing Office: Sotheby's International Realty (#CLW-X70367)
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