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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,295,000

Est. payment - /mo

4 Beds

2 Baths

2,244 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,244 sqft

Price per Sqft $1,022

MLS Listing ID 25603123

Bedrooms 4

HOA Y/N No

Year Built 1927

Lot Size 5,179 Sqft

Property Description

Situated in the heart of West Hollywood, this property is a prime teardown opportunity, offering exceptional potential for an investor, developer, or owner-user looking to build their dream home. Since purchasing, the current owner has taken significant steps to prepare the property for redevelopment, including complete asbestos and lead reports, a site survey, and soil reports. Currently vacant and heavily gutted, the property sits on an expansive lot in a highly desirable location, presenting a rare opportunity to rebuild a Single Family Home + ADU or a Duplex in one of LA's most sought-after neighborhoods. The owner can provide documentation supporting exemption from low-income/affordable unit replacement requirements. The property is subject to the West Hollywood Rent Stabilization Ordinance, but it is being delivered vacant and without tenants. Therefore, any newly constructed units at the property can be listed for market rates. Don't miss this opportunity to redevelop this West Hollywood gem! Property to be sold as-is / teardown. Any buyers and/or agents wishing to tour must sign a liability waiver.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR1B*

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Gated

Total Parking Spaces 4

Building

Lot Description Value In Land

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4336003010

Special Listing Condition Standard

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Listed by Sam Collins Carolwood Estates

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8720 Ashcroft AVE West Hollywood, CA 90048