This exceptional lot in the heart of Hollywood is zoned for multi-family development and fully entitled for a luxurious 15-unit apartment building. The approved plans include 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:
$1,495,000
MLS #:
25490865
Status:
Active
Baths:
0
Address:
942 Wilcox Avenue 5533021023
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jan 28, 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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Courtesy of Compass. 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 include the name of the listing broker. Neither the listing company nor 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 2025. California Regional Multiple Listing Service. All rights reserved.942 Wilcox Avenue 5533021023
Los Angeles, CA
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