931 S Holt Ave
LOS ANGELES, CA 90035

Property

Ownership: For Sale
Bedrooms: 4 BR
Bathrooms: 4
Area: 5691 sq ft
Lot Size: 0.1 Acres

Financials

Price:$1,959,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Power Brokers

931 S Holt Ave 4BR Beverlywood La

Description

Rare development opportunity at 931 S. Holt Ave - this charming Spanish-style duplex on a 5,689 sq ft R3-zoned lot is being delivered FULLY VACANT, providing immediate access and maximum flexibility for developers, owner-users, and investors. Zoned LAR3 and exempt from all parking requirements, it allows 7 units + 2 ADUs by-right with no low-income requirement, plus TOC Tier 3 incentives for substantial additional density and development bonuses. The existing structure features two spacious units each over 1,500 sq ft with 2 bedrooms and 1.5 bathrooms; the lower unit is fully remodeled (pictured first) while the upper is a value-add fixer (pictured second), plus a 3-car garage. Prime location just a quarter mile from the new Wilshire/La Cienega D-Line Metro station, squarely on the Beverly Hills border near the La Cienega Tennis Center, with easy access to Beverly Hills Restaurant Row, shopping, dining, Cedars-Sinai, and more. Ideal for new construction, owner-occupancy, or hold-and-improve in this highly desirable Westside pocket.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.