$1,290,000
SOLD FEB 20, 2025
0.17 Acre
$7,561,547 Price per Acre
7,433 Sq Ft Lot

Recently Sold

$511 Per Sq Ft

4% Below List Price

49 Days on Market

About This Lot

As of February 2025

We are pleased to present the opportunity to acquire this 7,431 SF incredible development opportunity, located in the Miracle Mile/Mid-Wilshire submarket. The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU's. The property has been owner-occupied and will be delivered 100% vacant (homeowners exemption taken over the last 5 years). The property features a premier location, walking distance to numerous amenities, restaurants and employment centers. Additionally, the Central location between Hancock Park, West LA, Miracle Mile, and Culver City makes this an ideal investment for developers looking for top of the market rents.

Last Agent to Sell the Property

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 10/23/2024

Keller Williams Beverly Hills

Last Buyer's Agent

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 10/23/2024

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Lot Details

  • 7,433 Sq Ft Lot
  • Property is zoned LAR2

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5084-010-004

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1706
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5084-010-004
  • Lot Size Area: 7433

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 Sold $1,290,000 -4.4% $511 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $1,350,000 -- $535 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-455535

The MLS

APN: 5084-010-004