$2,295,000
For Sale

1900 Holmby Avenue

Los Angeles, CA 90025
2 beds | 2 baths | 0.13 acres | #24366218
Listing OfficeSHK Realty
Browse 15 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Calling all developers and owner users! This property is a unique development opportunity to build six (6) for-sale condo units walking distance to the upscale Westfield Century City Mall. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is a rare opportunity to add density in a highly desired westside neighborhood. Conveniently located adjacent to Westwood and Beverly Hills, the investment in and around the property is unparalleled, anchored with UCLA recently acquiring 700k sqft of the former Westside Pavilion to serve as their state-of-the-art research and innovation hub. The property benefits from a Transit Oriented Communities (TOC) Tier 2 designation that allows for an increase in density and height bonus. The existing house is currently vacant and consists of 2 bedrooms and 2 baths located in a highly regarded school district. Plans have been submitted to the city for Preliminary Zoning Assessment (PZA) from LADBS and TOC Tier Verification has been confirmed. Don't miss this opportunity!

  • Interior Details
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Acres0.1294
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1937
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,295,000
  • Other
      • MLS #24366218

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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