900 Hilgard Avenue, Los Angeles, CA 90024

0 beds 0 baths 22,499 sq.ft.

Offerered at: $12,995,000.00

County: Los Angeles
Year Built: 1951
Association Fees: $0.00/mo.

Property 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.

ESSENTIAL INFO

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