Los Angeles, CA 90024,900 Hilgard Ave
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Los Angeles, CA 90024,900 Hilgard Ave
Los Angeles, CA 90024,900 Hilgard Ave
Los Angeles, CA 90024,900 Hilgard Ave
Los Angeles, CA 90024,900 Hilgard Ave
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$ 12,995,000
Est. payment /mo
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Price Dropped by $955K

900 Hilgard Ave Los Angeles, CA 90024

19,432 SqFt


UPDATED:

11/18/2024 07:56 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 19,432 sqft

Price per Sqft $668

MLS Listing ID 24-420763

Year Built 1951

Lot Size 0.517 Acres

Acres 0.5165

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.

Location

State CA

County Los Angeles

Area Westwood - Century City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment None

Exterior

Parking Features Parking for Guests

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

Pure Luxury Realty

Broker

+1(562) 392-0668

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900 Hilgard Ave