931 S Holt Avenue, Los Angeles, CA 90035

$1,799,000
4
BD
4
BA
3,075
SqFt

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Listing courtesy of Listing Agent: Marc 'Meir' Nemetsky (meir@meirnemetsky.com) from Listing Office: Power Brokers.

List Price
$1,799,000
Status
ACTIVE
Days on Market
58
Price Change
▼ $160,000 1786146123
MLS#
26844963
Subtype
Residential Income
Style
Spanish
Year Built
1936
Bedrooms
4
Bathrooms
4
Living Area
3,075
Lot Size
5,691
Acres
0.13
MLS Area Major
Beverly Center-Miracle Mile (C19)

Property Description

Rare development opportunity at 931 S. Holt Ave - this charming Spanish-style duplex on a 5,689 sq ft TEC TIER 3/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, TCAC Opp Area, TOIA2 mixed income 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.

Additional Information

Property Description
Spanish
Zoning
LAR3
Appliances
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Heating
Forced Air
Stories
Two Levels
Levels
Two
Parking Features
Concrete, Garage
Garage Spaces
3
View
None

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.