1235 North Olive Drive
1235 North Olive Drive
$10,900,000
14,986 / 0.34
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,...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 $11,500,000 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.
- Listed by Jordan Petito • DRE #02023714 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
Property Details for 1235 North Olive Drive
Water Front
None
ZoningWDR4*
Cross StreetsOlive/Fountain
Parcel Number5555003033
AreaWest Hollywood Vicinity (C10)
Lot Size Area14986
Source Lot Size AreaEstimated
Present UseSingle Family
Location
LISTING UPDATED: 04/09/2024 09:34 AM
Property Details for 1235 North Olive Drive
Status | Active |
---|---|
MLS # | 22-143871 |
Days on Market | 751 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.34 AC |
County | Los Angeles County |
Location
Building Information for 1235 North Olive Drive
Lot Size0.34 AC
Payment Calculator
$59,720 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1235 North Olive Drive
Property History for 1235 North Olive Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1235 North Olive Drive
Taxable ValueLand$145,139Additions$13,163Total$158,302
Tax Record2023$2,803 ($234 / month)
Home Facts
Beds3Total Finished SqFt2,553 SqFtAbove Grade Finished SqFt2,553 SqFtLot Size7,535 SqFtStyleSingle Family ResidenceYear Built1923ZoningWDR4*CountyLOS ANGELESAPN5555-003-033
Schools near 1235 North Olive Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
West Hollywood Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
West Hollywood Opportunity School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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