Property Description

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 $10,900,000 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. Property is available for Lease at $18,500 per month.

Address Map
California
Los Angeles
90069
1235 N OLIVE Drive
0
W119° 37' 32.8''
N34° 5' 33.9''
MLS Addon
$0
0 Sqft
755
Two blocks east of La Cienega Blvd and one block south of Sunset Blvd.

Land For Sale West Hollywood

1235 N OLIVE Drive, West Hollywood, Los Angeles, California, 90069

14,986 Acre
Visits : 43 in 774 days
$10,900,000
Listing ID #22143871
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 22143871
Price : $10,900,000
Lot Area : 14,986 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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