This exceptional lot in the heart of Hollywood is zoned for multi-family development and had been entitled for a luxurious 15-unit apartment building. The approved plans included a 4-story structure with one level of subterranean parking, featuring 3 designated affordable units. Situated in a highly sought-after area with proximity to entertainment, dining, and all the best that Hollywood has to offer. Zoned for multi-family use, offering an ideal canvas for developers looking to capitalize on Hollywood’s thriving real estate market. Additionally, there is significant potential to re-entitle the property for up to 26 affordable living units or 5-6 luxury condos, offering flexibility for various development strategies. This is a rare opportunity to develop in one of Los Angeles’ most dynamic and desirable neighborhoods!
Property Details
Price:
$1,395,000
MLS #:
25510357
Status:
Active
Baths:
0
Address:
942 Wilcox Avenue 5533021023
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Mar 12, 2025
State:
CA
ZIP:
90038
Lot Size:
6,815 sqft / 0.16 acres (approx)
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- Address942 Wilcox Avenue 5533021023 Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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942 Wilcox Avenue 5533021023
Los Angeles, CA
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