Listing provided courtesy of Jonathan Taksa of Remax Commercial and Investment Realty. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $12,995,000
900 Hilgard, Los Angeles CA 90024
Community: C05 - Westwood - Century City
Status: Active
This property was built in 1951 and is priced at $12,995,000. Please see the additional details below.
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.
