1010 N Edinburgh Avenue Active

West Hollywood,CA 90046

$ 4800000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25550957

HOA Y/N No

Lot Size 0.284 Acres

Acres 0.28

Property Sub-Type Unimproved Land

Property Description

We are pleased to present a rare and flexible multifamily development opportunity at 1006 & 1010 N Edinburgh Avenue, ideally located in the heart of West Hollywood. The offering consists of two contiguous parcels totaling approximately 12,373 square feet of flat land, with dimensions of approximately 99 feet by 126 feet. Each parcel is currently improved with a tenant-occupied single-family residence. This prime development site offers three distinct and highly compelling paths forward: By Right: Construct 10 townhomes or(small lot subdivision units) Architectural plans for this scenario have already been prepared and are available for review.AB-1287: Pursue a 22-unit multifamily project across three stories, utilizing the benefits of California's new density bonus law.AB-2345 (100% Affordable): Maximize the site's potential with a high-density development of approximately 80 units across six or more stories. This option is ideal for affordable housing developers looking to capitalize on state and local Incentives. Take advantage of an already approved 17-unit project and save significant entitlement time by utilizing the existing approvals. Developers can amend or submit a supplemental plan to build upon the current entitlements and expedite the permitting process. Zoned R3-B an

Location

State CA

County Los Angeles

Zoning R3-B

Interior

Fireplace No

Exterior

View Y/N true

View City Lights

Building

New Construction No

Others

Tax ID 5529014044

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