CA > Los Angeles
Los Angeles, CA 90049,1115 S Westgate AVE
Los Angeles, CA 90049,1115 S Westgate AVE
Los Angeles, CA 90049,1115 S Westgate AVE
3
See all 3 photos
$2,900,000
Est. payment /mo
Save
6,899 Sqft Lot
Active

1115 S Westgate AVE Los Angeles, CA 90049

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
3
Dec
Wed
4
Dec
Thu
5
Dec
Serri Rowell

Serri Rowell

+1(760) 579-2666

UPDATED:

11/19/2024 01:16 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24462561

HOA Y/N No

Lot Size 6,899 Sqft

Property Description

"Plans are approved and ready to be pulled. This piece of land creates a rare and tremendous opportunity to develop multi units building in the highly desirable Brentwood neighborhood. This 6,900 SF land with 77 feet frontage on Westgate Ave., has been approved for "by-right" development of a four (4) story, eight (8) units apartment building (To be built to "condo spec") one (1) level of subterranean parking. Permits are ready to be issued (RTI ready). However, recent changes in zoning and/or ordinances (To allow more housing due to housing and affordability housing shortage in Los Angeles), there could be alternative development opportunities this land may be used for, such as 1) After five (5) years of renting the units, the units could be revisited and turned into eight (8) condos with the current parking structure (Buyer is to independently conduct research to verify) OR 2) By making a few adjustments to the plans, the development could be switched to a six (6) condo project, OR New plans could be drawn for seventeen (17) one bedroom apartment building, three (3) of which would have to be allocated for "low income housing" (Buyer is to independently verify). Property is close to UCLA, VA hospital, Westwood Village, shops and restaurants and both the 405 and 10 freeways."

Location

State CA

County Los Angeles

Area C06 - Brentwood

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 4265012065

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Timothy Macker • Timothy C. Macker Jr.

GET MORE INFORMATION

Serri Rowell

Owner & Team Lead | CA BRE#01484073

+1(760) 579-2666

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

1115 S Westgate AVE

QUICK SEARCH
There are 17 quick searches