900 Hilgard Ave - Residential LAND FOR SALE


Los Angeles, CA 90024 22,651 SF
$12,995,000 USD
310-968-5303
900 Hilgard Ave, Los Angeles, CA for Sale
$12,995,000 USD
Residential LAND - FOR SALE
1/20
22,651 SF

900 Hilgard Ave
Los Angeles, CA 90024


HIGHLIGHTS

  • Ideally located in the heart of Westwood just steps away from the UCLA campus and Westwood Village
  • As the #1 Public University and #13 University Globally, UCLA is a hub for young talent and groundbreaking research
  • Proximity to key job nodes for young professionals including Century City, Beverly Hills, Culver City, Brentwood, Santa Monica
  • Rents in this submarket are amongst to highest in the LA metro, consistently high demand due to proximity to jobs and amenities
  • Accessory dwelling units, both attached and detached now permitted in multifamily properties with review required within 60 days
  • Short car or bus ride to Culver City, Santa Monica, Venice, and world famous LA beaches

OVERVIEW

Jonathan Taksa of Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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.

FOR SALE DETAILS

PRICE

$12,995,000 USD

PRICE/ACRE

$24,990,605/AC

PRICE/SF

$574 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

VACANT Office Bldg. for Student Housing Dev.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.52 AC

LAND SF

22,651 SF

OFFSITE IMPROVEMENTS

-

ZONING

R3

APN/PARCEL ID

4360-006-024

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.