$5,500,000
0.30 Acre Lot
13,000 Sqft Lot
Status Active
Property Type Land
Price Type
Days on Website 75

Property Map

$5,500,000 – 10605 Eastborne Avenue, Los Angeles, CA 90024

Street View

Courtesy of Marcus & Millichap, Filip Niculete.

Description

We are pleased to present 10605-10609 Eastborne Avenue, a high-profile development opportunity located in the 90024 zip code of Westwood, one of the best zip codes in the country. There are two side by side lots, each 50 feet by 130 feet. Both properties currently have rental units on them. 10605 Eastborne has 3 units and 10609 Eastborne has 4 units, some of which can be delivered vacant. The site is zoned R3 and it is Tier 2 TOC allowing a developer many options when designing the project. By-right; the zoning allows 16 units, with a 45-foot height limit and a building envelope of 27,000 square feet, this might be the best option for someone looking to build condos. If someone is looking to utilize the TOC density bonus and maximize unit count, they would be able to build 28 units, go up to 56 feet and have a building envelope of 40,912 square feet. A developer might even be able to build a few more units on this site by designing for ADU conversion, this could bring up to 7 more units for a total of 35 units.The property is centrally located a few steps from Santa Monica Blvd. To the west you have West LA, the north you have UCLA campus and Westwood, to the east you have Westfield Century City Mall and Beverly Hills and to the south you have Rancho Park, home of the new Google office campus.

Property Details and Features

Listing

  • 8 days on market
  • Listed on 2021-07-09

Location

  • County: Los Angeles

Lot

  • 13000 sqft
  • 0.3 acres
  • Area: 13000

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