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900 Hilgard Ave
Los Angeles, CA 90024

$12,995,000 USD

Land For Sale  •  0.52 AC

Property Details

  • Property Type Land
  • Lot Size 0.52 AC
  • Zoning R3
72 Transit Score
89 Walk Score

Description

NEW INCREDIBLE PRICING.  Jonathan Taksa of Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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.

Highlights

Ideally located in the heart of Westwood just steps away from the UCLA campus and Westwood Village
As the #1 Public University and #13 University Globally, UCLA is a hub for young talent and groundbreaking research
Proximity to key job nodes for young professionals including Century City, Beverly Hills, Culver City, Brentwood, Santa Monica
Rents in this submarket are amongst to highest in the LA metro, consistently high demand due to proximity to jobs and amenities
Accessory dwelling units, both attached and detached now permitted in multifamily properties with review required within 60 days
Short car or bus ride to Culver City, Santa Monica, Venice, and world famous LA beaches

Public Transportation

AirportDriveWalkDistance
Los Angeles International 19 min - 11.0 mi
Bob Hope 27 min - 17.9 mi
Long Beach (Daugherty Field) 37 min - 28.5 mi
Jonathan Taksa 424-672-8220 RE/MAX Commercial & Investment Realty
Jonathan Taksa 424-672-8220 RE/MAX Commercial & Investment Realty