Los Angeles, CA 90038,942 Wilcox AVE
Los Angeles, CA 90038,942 Wilcox AVE
Los Angeles, CA 90038,942 Wilcox AVE
6
$1,275,000
$1,395,000
8.6%
Est.Price: ?

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6,817 Sqft Lot

942 Wilcox AVE Los Angeles, CA 90038

Est. payment /mo
SOLD DATE : 04/28/2025

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Key Details

Sold Price $1,275,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 25510357

Sold Date 04/28/25

HOA Y/N No

Lot Size 6,817 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N Yes

Building

New Construction No

Others

Senior Community No

Tax ID 5533021023

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Geoffrey Frid • Compass
Bought with Danny Navarro • Century 21 Allstars

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