933 N Spaulding Avenue,  West Hollywood CA, 90046 (Residential Income)

2,490 sqft
Status: Sold
MLS#: OC16075895
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Last Updated: 12/5/2016 6:29 PM
Description for 933 N Spaulding Avenue West Hollywood, CA 90046
Unique opportunity to own this zoned WDR3C triplex on 6729sf lot in the heart of West Hollywood ready for rehab or redevelopment. Front house has 3BR + 1BA and 1180sf of living space. Rear duplex has downstairs studio, and upstairs 1BR unit for total of 1310sf living space. Ideally located property with upgrade or ground-up development potential, or as part of a larger ground-up development project.*/ Located walking distance to the shops and restaurants of Melrose and Santa Monica Blvd. Short drive to the Beverly Center, the Grove, Farmers Market and more. / Zoned WDR3C which permits building 5 units, or 7 units with Density Bonus. Buyer(s) to satisfy themselves regarding building opportunities with the City of West Hollywood and other sources. *2 immediately adjacent properties, plus one smaller property, are also for sale with potential for rare, large scale development. Buyer(s) to satisfy themselves. Buyers agree to cooperate with seller's IRC 1031 tax deferred exchange at no cost to buyers.
Price
Sold Price:
$1,600,000
Sold Date:10/18/2016
Los Angeles
2,490 (approx)
OC16075895
Closed
Description
Unique opportunity to own this zoned WDR3C triplex on 6729sf lot in the heart of West Hollywood ready for rehab or redevelopment. Front house has 3BR + 1BA and 1180sf of living space. Rear duplex has downstairs studio, and upstairs 1BR unit for total of 1310sf living space. Ideally located property with upgrade or ground-up development potential, or as part of a larger ground-up development project.*/ Located walking distance to the shops and restaurants of Melrose and Santa Monica Blvd. Short drive to the Beverly Center, the Grove, Farmers Market and more. / Zoned WDR3C which permits building 5 units, or 7 units with Density Bonus. Buyer(s) to satisfy themselves regarding building opportunities with the City of West Hollywood and other sources. *2 immediately adjacent properties, plus one smaller property, are also for sale with potential for rare, large scale development. Buyer(s) to satisfy themselves. Buyers agree to cooperate with seller's IRC 1031 tax deferred exchange at no cost to buyers.
Listing Information
Property Type: Cluster, Other
0.15 Acres 672,900 sq.ft. 2,490 (approx)
$642.57 1922
Yes- 2 spaces
3 Total
Neighborhood
Room Information
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces
Sidewalks
Driving Directions
Cross Streets: Spaulding & Willoughby
Financial Considerations
5530024019
Listing Price History

West Hollywood Real Estate

West Hollywood is located in California. West Hollywood, California 90046 has a population of 34,572.

The median household income in West Hollywood, California 90046 is $53,223. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in West Hollywood 90046 is 40.3 years.

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Courtesy: Berkshire Hathaway HomeService Stacy McCullough
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