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1251 N Detroit St

West Hollywood, CA 90046
  • $1,649,000
  • STATUS: Active
  • ON SITE: 232 Days
  • ID#: 21-692642
UPDATED: 41 min ago
$1,649,000
  • 1
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,984
    SQFT
  • $553
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

We are pleased to present this rare opportunity to build OR operate the turnkey 4-unit property located in prime WEST HOLLYWOOD. Zoning is R3C which allows to build up to 45 Feet. The property is currently situated on a 6,724 SF lot, consisting of 4 units. ***The current owner has schematic designs for the opportunity to build 5-8 luxury condos w/ combined building area of about 9,500 SF in one of the trendiest blocks of West Hollywood.*** The design proposes each unit comprising of individual private rooftop decks providing for extended views and social space for outdoor living. The vacant lot next door provides developers tremendous opportunity to combine properties creating a more cost effective project. The area is experiencing significant redevelopment (w/ numerous properties currently in the process of development) with an emphasis on the 1100 and 1200 blocks of Detroit Street. With a walk score of 90, the property is in close proximity to local restaurants and shops, Sunset Strip, Hollywood, Melrose, Pacific Design Center, Cedars Sinai & Beverly Hills.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-28T10:42:43.463. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.randyplaice.com/homes/114898333
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1251 N Detroit St West Hollywood, CA 90046

  • Price: $1,649,000
  • Status: Active
  • Updated: 41 min ago
  • ID#: 21-692642
1
Beds
0
Baths
0
½ Baths
0.15
Acres
2,984
SQFT
$553
$/SQFT
1947
Built
Neighborhood:
West Hollywood Vicinity
County:
Los Angeles
Area:
West Hollywood Vicinity
Property Description
We are pleased to present this rare opportunity to build OR operate the turnkey 4-unit property located in prime WEST HOLLYWOOD. Zoning is R3C which allows to build up to 45 Feet. The property is currently situated on a 6,724 SF lot, consisting of 4 units. ***The current owner has schematic designs for the opportunity to build 5-8 luxury condos w/ combined building area of about 9,500 SF in one of the trendiest blocks of West Hollywood.*** The design proposes each unit comprising of individual private rooftop decks providing for extended views and social space for outdoor living. The vacant lot next door provides developers tremendous opportunity to combine properties creating a more cost effective project. The area is experiencing significant redevelopment (w/ numerous properties currently in the process of development) with an emphasis on the 1100 and 1200 blocks of Detroit Street. With a walk score of 90, the property is in close proximity to local restaurants and shops, Sunset Strip, Hollywood, Melrose, Pacific Design Center, Cedars Sinai & Beverly Hills.
Exterior Features

Lot Size Area 6443 Other Structures Other Parking Garage Other Total Parking 0

Interior Features

Baths Total 4.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 1190885 Gross Income 4330 Gross Operating Income 0 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units 4 Plex Year Built Source Vendor Enhanced Zoning Wdr3c*

Listing provided courtesy of Josh 'Afi' Afighom DRE#01783784 of Josh Afi Group.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-28T10:42:43.463. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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