Amazing development opportunity in the heart of West Hollywood, just a few blocks from the trendy Melrose stores and restaurants, and mere minutes from the Grove & Farmers Market. Conceptual architectural plans for a 5-unit luxury condo project, topographic survey & historic assessment report are available & included in the price (NOTE: there are NO entitlements or permits). Lot is zoned WDR3B which allows for up to 5 luxury condos to be built by right. 2 OTHER ADJACENT LOTS ARE AVAILABLE for a much larger 3x lot project - a very rare opportunity. Currently, there is a renovated triplex consisting of the 4BD 2BA main house and 2 studio units in the back; all units can be delivered VACANT at close of escrow; this property is capable of fully carrying itself during the entitlement & plan check process.
|DAYS ON MARKET||16||LAST UPDATED||7/8/2019|
|YEAR BUILT||0||COMMUNITY||West Hollywood Vicinity (C10)|
|AREA||West Hollywood Vicinity (C10)|
|LOT||6560 sq ft|
|VIEW DESCRIPTION||No View|
TOTAL MONTHLY PAYMENT
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