$4,495,000
Prime development opportunity at 1270 S. Beverly Glen Blvd., Los Angeles, CA 90024. Just shy of 10,000 square foot lot, sits above the street, with endless possibilities. The original property structure was torn down over 10 years ago, so no restrictions, subject to buyer's independent investigation and verification. Ideally located on the East side of Beverly Glen Boulevard. Highly desirable Westwood neighborhood, offering exceptional potential for builders, developers, and investors. Walking distance to Sinai Temple on Wilshire Blvd., and just minutes from Beverly Hills, Century City, UCLA, fine Westside dining and retail destinations. Close proximity to the Freeways as well, just a fantastic location! Topography allows for efficient construction, and maximized build potential, with convenient wide back alley access to the property, provides enhanced flexibility for parking, ingress/egress, and overall project design. Ideal site for a large apartment building or condominium development (buyer to verify zoning and development standards). This location supports strong rental demand and long-term investment growth. A very rare Westwood land-opportunity, in a high-demand Los Angeles market. Zoning is LAR3. Seller does NOT have Ready to Issue (RTI) plans. Buyers do their own due diligence regarding all aspects of the property. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, permits, number of units, and other information concerning the conditions or features of the Property. Buyer is advised to independently verify the accuracy of all information through personal inspections and with the appropriate professionals. An OPPORTUNITY like this RARELY becomes available.
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Listed by Bobby Syed with Coldwell Banker Realty (310) 777-6200
Property Type
Land
Status
Active
MLS Number
26655449
Year Built
N/A
Lot Size
9,226 sq ft