900 Hilgard Avenue
Los Angeles, CA 90024
$955,000.00 (-6.85%)
Active for $12,995,000
Beds: 0 Baths: Structure Size: 19,432 sqft Lot Size: 22,499 sqft
MLS | 24420763 |
Year Built | 1951 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $12,995,000 |
Structure Size | 19,432 sqft |
Lot Size | 22,499 sqft |
Beds | 0 |
Baths |
Description
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.
Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty 424-672-8220. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.