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$12,995,000
Est. payment /mo
19,432 SqFt
UPDATED:
12/05/2024 02:19 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 19,432 sqft
Price per Sqft $668
MLS Listing ID 24420763
HOA Y/N No
Year Built 1951
Lot Size 0.516 Acres
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 C05 - Westwood - Century City
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Guest
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4360006024
Special Listing Condition Standard
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908