MLS:25552559

1229 Olive, West Hollywood, CA 90069

Priced at: $8,699,999
Bedrooms:
3
Bathrooms (Full):
2
Bathrooms (Half):
0
Living Area SqFt:
2,288 Sq Ft
Lot SqFt:
15,065 Sq Ft
Year Built:
1920
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 (7 Story), are all on the table with the city's recent game changing development initiatives (See WEHO Minutes). Contact LA1 for info about this exciting new proposed framework. Please do not disturb occupants or walk onsite unattended.

Fees

Features

Equipment/ Appliances:
  • Other
Parking:
  • Gated
  • Other

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MLS: 25552559
1229 Olive, West Hollywood, CA 90069
Price: $8,699,999
Listing courtesy of Sotheby's International Realty

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Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification.

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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