$2,295,000 Price Analysis   ♡   Los Angeles, CA 90025 2 bed 2 bath unknown SqFt ($0/SqFt) 5,638SqFt lot. Built 1937 Listed 2024-04-24, Taxes $12,585 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Calling all developers and owner users!
This property is a unique development opportunity to build six (6) for-sal 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 an d 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!
Presented by Omid Shokoufandeh at
SHK Realty.
Property MLS #24-366218 from TheMLSCLAW
Full Bathrooms: 2
Family Room Description: 1
Laundry Features: In Closet, Inside
Fireplace Features: Living Room
Heating Features: Central
Flooring: Hardwood
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5638
Garage Description: Detached, Garage - 2 Car
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: South of Santa Monica. West of Beverly Glen
Source Property Type: Residential
Area: Westwood - Century City
Source Neighborhood: Westwood - Century City
Parcel Number: 4317-002-015
Postal Code Plus 4: 5906
Zoning: LARD1.5
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $350,000 + $700,000 $1,050,000 | $12,585 |
| 2021 | $144,770 + $579,105 $723,875 | $8,759 |
| 2020 | $143,286 + $573,167 $716,453 | $8,847 |
| 2019 | $140,477 + $561,929 $702,406 | $8,499 |
| 2018 | $137,723 + $550,911 $688,634 | $8,444 |
| 2017 | $135,023 + $540,109 $675,132 | $8,263 |
| 2016 | $132,376 + $529,519 $661,895 | $8,078 |
| 2015 | $130,388 + $521,566 $651,954 | $7,961 |
| 2014 | $127,834 + $511,350 $639,184 | $7,990 |
| 2013 | $127,257 + $509,039 $636,296 | $7,984 |
| 2012 | $124,762 + $499,058 $623,820 | $8,088 |
| 2010 | $122,316 + $489,273 $611,589 | $7,913 |
| 2009 | $121,691 + $486,771 $608,462 | $7,625 |
| 2009 | $121,402 + $485,617 $607,019 | $7,625 |
| 2008 | $119,305 + $477,227 $596,532 | $7,299 |
| 2007 | $116,966 + $467,870 $584,836 | $7,064 |
$2,295,000
TheMLSCLAW
Sold 2022-02-28
$1,857,000
TheMLSCLAW
Sold 2021-10-06
$1,050,000
Public Record
Sold 2000-11-16
$520,000
Public Record
Common Walls: Attached
Levels: One Level
Property Age: 87
Structure Type: Attached
House Style: Contemporary
Year Built Source: Vendor Enhanced
Architectural Style: Contemporary
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.