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900 Hilgard Avenue Los Angeles CA 90024 MLS #24420763

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.

Property Details

Price:
$12,995,000
MLS #:
24420763
Status:
Active
Baths:
0
Address:
900 Hilgard Avenue
Type:
Residential Income
Neighborhood:
c05westwoodcenturycity
City:
Los Angeles
Listed Date:
Jul 29, 2024
State:
CA
ZIP:
90024
Lot Size:
22,499 sqft / 0.52 acres (approx)
Year Built:
1951

Schools

Interior

Cooling
Central Air
Heating
Central

Exterior

Parking Features
Guest
Parking Spots
0.00
Stories Total
2

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