1115 South Westgate Avenue

Los Angeles, CA 90049

$2,900,000
Price
6,900 / 0.16
Lot Size / Acres
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Description

"Plans are approved and ready to be pulled. This piece of land creates a rare and tremendous opportunity to develop multi units building in the highly desirable Brentwood neighborhood. This 6,900 SF land with 77 feet frontage on Westgate Ave., has been approved for "by-right" development of a four (4) story, eight (8) units apartment building (To be built to "condo spec") one (1) level of subterranean parking. Permits are ready to be issued (RTI ready). However, recent changes in zoning and/or ordinances..."Plans are approved and ready to be pulled. This piece of land creates a rare and tremendous opportunity to develop multi units building in the highly desirable Brentwood neighborhood. This 6,900 SF land with 77 feet frontage on Westgate Ave., has been approved for "by-right" development of a four (4) story, eight (8) units apartment building (To be built to "condo spec") one (1) level of subterranean parking. Permits are ready to be issued (RTI ready). However, recent changes in zoning and/or ordinances (To allow more housing due to housing and affordability housing shortage in Los Angeles), there could be alternative development opportunities this land may be used for, such as 1) After five (5) years of renting the units, the units could be revisited and turned into eight (8) condos with the current parking structure (Buyer is to independently conduct research to verify) OR 2) By making a few adjustments to the plans, the development could be switched to a six (6) condo project, OR New plans could be drawn for seventeen (17) one bedroom apartment building, three (3) of which would have to be allocated for "low income housing" (Buyer is to independently verify). Property is close to UCLA, VA hospital, Westwood Village, shops and restaurants and both the 405 and 10 freeways."
  1. Listed by Timothy Macker • DRE #01232033 • Brokerage DRE #01232033 • Timothy C. Macker Jr.

Property Details for 1115 South Westgate Avenue

Zoning
LAR3
Parcel Number
4265012065
Area
Brentwood (C06)
Lot Size Area
6900
Source Lot Size Area
Other
Assessor Parcel Number
4265-012-065
Directions
S Westgate Ave between Kiowa Ave and Goshen Ave
LISTING UPDATED: 11/15/2024 05:27 PM

Property Details for 1115 South Westgate Avenue

StatusActive
MLS #24-462561
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.16 AC
CountyLos Angeles County

Building Information for 1115 South Westgate Avenue

Lot Size0.16 AC

Property Information for 1115 South Westgate Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.16
  • Lot Size Square Feet: 6900
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 11-11-2024

Property History for 1115 South Westgate Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1115 South Westgate Avenue

Taxable ValueLand$934,958Additions-Total$934,958
Tax Record2022$10,980 ($915 / month)
Home Facts
Beds2Total Finished SqFt732 SqFtAbove Grade Finished SqFt732 SqFtLot Size2,402 SqFtStyleSingle Family ResidenceYear Built1929ZoningLAR3CountyLOS ANGELESAPN4265-012-065

Schools near 1115 South Westgate Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Brockton Avenue Elementary School
Public - K to 5
Paul Revere Middle School
Charter - 6 to 8
University Senior High School Charter
Charter - 9 to 12
Citizens of the World Charter School Mar Vista
Charter - K to 8
Rating
School
Distance
Brockton Avenue Elementary School
PublicK to 5

Paul Revere Middle School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

Citizens of the World Charter School Mar Vista
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1115 South Westgate Avenue, Los Angeles, CA 90049

1115 South Westgate Avenue is a 0.16 ac of land for sale in Los Angeles, CA 90049. This property was listed for sale on November 11, 2024 by Timothy C. Macker Jr., it's currently listed at $2,900,000. It has been on the market for a total of 7 days and was last sold on May 4, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Brockton Avenue Elementary School, Paul Revere Middle School and University Senior High School Charter. 1115 South Westgate Avenue is a 0-bed, 0-bath, 0.16 ac of land on a 6,900 sq. ft. / 0.16 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Timothy C. Macker Jr., Timothy Macker, DRE #01232033

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.