$12,995,000
900 Hilgard Avenue
Los Angeles, CA, 90024
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.
Property Details
Price:
$12,995,000
MLS #:
24420763
Status:
Active
Baths:
0
Address:
900 Hilgard Avenue
Type:
Residential Income
Neighborhood:
c05westwoodcenturycity
City:
Los Angeles
Listed Date:
Jul 29, 2024
State:
CA
ZIP:
90024
Lot Size:
22,499 sqft / 0.52 acres (approx)
Year Built:
1951
Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Guest
Parking Spots
0.00
Stories Total
2
Financial
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Courtesy of Remax Commercial and Investment Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 900 Hilgard Avenue
Los Angeles, CA
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