1229 N Olive Drive, West Hollywood, CA 90069
- $8,699,999
- 3
- BD
- 2
- BA
- 2,288
- SqFt
- List Price
- $8,699,999
- Status
- ACTIVE
- MLS#
- 25552559
- Year Built
- 1920
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 2,288
- Lot Size
- 15,065
- Acres
- 0.35
- Days on Market
- 25
- Property Type
- Single Family Residential
- Style
- See Remarks
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
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.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Decorative
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Travis Parker (travis.parker@sothebyshomes.com) from Listing Office: Sotheby's International Realty.
Mortgage Calculator
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