1900 Holmby Avenue, Los Angeles CA, 90025
(Active)
$2,295,000
|
2 beds, 2 Full baths
|
MLS# 24366218
Last Updated: 5/4/2024 10:58 AM
Description for
1900 Holmby Avenue
Los Angeles, CA 90025
Calling all developers and owner users! This property is a unique development opportunity to build six (6) for-sale condo units walking distance to the upscale Westfield Century City Mall. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is a rare opportunity to add density in a highly desired westside neighborhood. Conveniently located adjacent to Westwood and Beverly Hills, the investment in and around the property is unparalleled, anchored with UCLA recently acquiring 700k sqft of the former Westside Pavilion to serve as their state-of-the-art research and innovation hub. The property benefits from a Transit Oriented Communities (TOC) Tier 2 designation that allows for an increase in density and height bonus. The existing house is currently vacant and consists of 2 bedrooms and 2 baths located in a highly regarded school district. Plans have been submitted to the city for Preliminary Zoning Assessment (PZA) from LADBS and TOC Tier Verification has been confirmed. Don't miss this opportunity!
Price
$2,295,000
Los Angeles
2
2 Full
24366218
Active
Description
Calling all developers and owner users! This property is a unique development opportunity to build six (6) for-sale condo units walking distance to the upscale Westfield Century City Mall. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is a rare opportunity to add density in a highly desired westside neighborhood. Conveniently located adjacent to Westwood and Beverly Hills, the investment in and around the property is unparalleled, anchored with UCLA recently acquiring 700k sqft of the former Westside Pavilion to serve as their state-of-the-art research and innovation hub. The property benefits from a Transit Oriented Communities (TOC) Tier 2 designation that allows for an increase in density and height bonus. The existing house is currently vacant and consists of 2 bedrooms and 2 baths located in a highly regarded school district. Plans have been submitted to the city for Preliminary Zoning Assessment (PZA) from LADBS and TOC Tier Verification has been confirmed. Don't miss this opportunity!
Listing Information
| Property Type: Single Family, Contemporary, 1 Story | ||
| 2 | 2 Full | |
| 0.13 Acres | 1937 | Yes |
| 1 | ||
Neighborhood
Room Information
| Bathrooms | |||
| 2 | |||
Total: 2
Inside,Laundry Closet
Interior Features
Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Wood
Central Air
Other,
Central
Living Room
Exterior / Lot Features
0 Covered Parking Spaces,
Door-Multi,Garage
None
None
LARD1.5
Driving Directions
South of Santa Monica. West of Beverly Glen
Financial Considerations
| 4317002015 |
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90025 has a population of 3,956,168.
The median household income in Los Angeles, California 90025 is $95,159. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90025 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/24/2024 | Active | $2,295,000 USD 23.59% |
|
| 2/24/2022 | Sold | $1,857,000 USD 76.86% | public records |
| 10/6/2021 | Sold | $1,050,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $23,066 USD | 83.28% | $1,894,140 USD | 80.39% |
| 2022 | $12,585 USD | 43.67% | $1,050,000 USD | 45.05% |
| 2021 | $8,760 USD | -0.98% | $723,875 USD | - |
| 2020 | $8,847 USD | 4.09% | $723,875 USD | 1.04% |
| 2019 | $8,499 USD | 0.65% | $716,453 USD | 2.00% |