8570 Holloway Drive, West Hollywood, CA 90069

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
8570 Holloway Drive,West Hollywood, CA 90069
$3,950,000
  • 6 Beds
  • - Baths
  • 4,003 sq. ft.
  • Multi-family
  • Active
Listed by: max berger
Office: compass
MLS#:CL23308907
Source:CA_BRIDGEMLS

Price summary

  • Price:$3,950,000
  • Price per sq. ft.:$986.76

About this home

8570 Holloway Drive presents a unique and generational investment opportunity in the heart of West Hollywood, where prime location meets untapped potential. This charming triplex, situated one block south of the iconic Sunset Strip at the intersection of Sunset Blvd and La Cienega Blvd, offers investors a blank canvas with immense promise. Nestled on a 7,708 SF lot zoned R4B, 8570 Holloway currently comprises a front duplex and a vacant one-bedroom above the garages, presenting a unique opportunity for income generation while pursuing further development. The true allure of this property lies in its development potential. According to a BrickWork development report, the future owner can develop up to 8 units "by right" or 14 units by utilizing density bonus incentives. In addition, the existing front duplex presents the perfect win-win opportunity. It is well-maintained by current ownership, allowing the future owner to generate income while undergoing the planning and development

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Home facts

  • Year built:1939
  • Listing ID #:CL23308907
  • Added:861 day(s) ago
  • Updated:December 11, 2023 at 03:34 PM

Rooms and interior

  • Bedrooms:6
  • Living area:4,003 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1939
  • Building area:4,003 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$3,950,000
  • Price per sq. ft.:$986.76

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