Listing provided courtesy of Geoffrey Frid of Compass. Last updated 2024-11-25 09:21:08.000000. Listing information © 2024 Sandicor.
Asking Price: $1,695,000
942 Wilcox, Los Angeles CA 90038
Community: C20 - Hollywood
This property was built in 0 and is priced at $1,695,000. Please see the additional details below.
This exceptional lot in the heart of Hollywood is zoned for multi-family development and fully entitled for a luxurious 15-unit apartment building. The approved plans include 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!