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$ 12,995,000
Est. payment | /mo
19,432 SqFt
$ 12,995,000
Est. payment | /mo
19,432 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 19,432 sqft
Price per Sqft $668
MLS Listing ID CL24420763
HOA Y/N No
Year Built 1951
Lot Size 0.517 Acres
Acres 0.52
Property Sub-Type OTHER
Property Description
HUGE PRICE REDUCTION!! CURRENTLY VACANT OFFICE BUILDING! We are pleased to present 900 Hilgard Avenue (the "Property" or "Site"), a 0.52-acre located in the heart of Westwood. The Site boasts close proximity to both the University of California Los Angeles (UCLA) campus and vibrant Westwood Village. Favorable zoning allows for a range of uses including multifamily, retail, office, and hotel. With UCLA just steps away and the university's continued need for housing, the Site is also ideally suited for student housing. Additionally, California recently adopted several new housing laws intended to ease multifamily development including reduced parking requirements and allowance of accessory dwelling units (ADUs) on certain sites. This exceptional and rare opportunity offers a buyer a range of attractive redevelopment options in the thriving Westwood market.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 4360006024
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty
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Patrick Nagel
REALTOR® | Lic# 1760790