Commercial For Sale | Land | Multifamily

10605 Eastborne Avenue . Westwood , CA 90024


For sale 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. For more information contact the listing agent Aida Memary Scher 818-212-2678 Aida.Memary@marcusmillichap.com

Posted: 06/08/2022 7:33 pm | On HOMEiZ: 689 days | Updated: 1 year ago | Views: 338

Location Map

Property Type

Sold

Property Price

$5300000
06/08/2022
1.25%

Property Location & Description

For sale 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. For more information contact the listing agent Aida Memary Scher 818-212-2678 Aida.Memary@marcusmillichap.com
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
Irrigation is available
Electricity/Power is available
Water is available
Telephone is available
Cable is available
Gas/Propane is available
No Data No Data No Data No Data No Data No Data
4326-026-022
LAR3
No
No
No Data
No Data
Max Dwelling Units

Lot Details

Details #1
$5300000 Total Price
13000 Sq. Ft.
Contact listing agent %

Sewer

Sewer System (Public)

Neighborhood lifestyle

Urban Pioneer

More information

Not in MLS

Listing Info

Listing ID: 3142
Sold

For Sale

$5,300,000

Listing Presented by

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