900 Hilgard Avenue

Los Angeles, CA 90024

$12,995,000
Price
—
Beds
19,432 Sq. Ft.
$669 / Sq. Ft.
19,432
Sq. Ft.
$669
per Sq. Ft.

Description

Huge price reduction! Currently vacant office building! We are pleased to present 900 Hilgard Avenue (the "Property" or "Site"), a 0.52-acre located in the heart of Westwood. The Site boasts close proximity to both the University of California Los Angeles (UCLA) campus and vibrant Westwood Village. Favorable zoning allows for a range of uses including multifamily, retail, office, and hotel. With UCLA just steps away and the university's continued need for housing, the Site is also ideally suited...Huge price reduction! Currently vacant office building! We are pleased to present 900 Hilgard Avenue (the "Property" or "Site"), a 0.52-acre located in the heart of Westwood. The Site boasts close proximity to both the University of California Los Angeles (UCLA) campus and vibrant Westwood Village. Favorable zoning allows for a range of uses including multifamily, retail, office, and hotel. With UCLA just steps away and the university's continued need for housing, the Site is also ideally suited for student housing. Additionally, California recently adopted several new housing laws intended to ease multifamily development including reduced parking requirements and allowance of accessory dwelling units (ADUs) on certain sites. This exceptional and rare opportunity offers a buyer a range of attractive redevelopment options in the thriving Westwood market.
  1. Listed by Jonathan Taksa • DRE #01366169 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 900 Hilgard Avenue

Zoning
LAR3
Parcel Number
4360006024
Total Units
1.0
Living Area
19432
Source Living Area
Other
Area
Westwood - Century City (C05)
Vacancy Rate
100
Lot Size Area
22499
LISTING UPDATED: 11/18/2024 12:56 PM

Property Details for 900 Hilgard Avenue

StatusActive
MLS #24-420763
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.52 AC / 22,499 SF
CountyLos Angeles County

Building Information for 900 Hilgard Avenue

Stories2Residences-Year Built1951Building Size-Lot Size0.52 AC / 22,499 SF

Property Information for 900 Hilgard Avenue

Community / Development
Community / Development
  • Number Of Units: 1
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: commercial
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.5165
  • Lot Size Square Feet: 22499
Parking Details
Parking Details
  • Parking Garage: Parking for Guests
  • Total Parking: 0
  • Parking Features: Guest
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-29-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,251,610.00
  • Assessed Improvement Percent: 10.89
  • Assessed Land Value: $10,240,463.00
  • Assessed Land Percent: 89.11
  • Assessed Total Value: $11,492,073.00

Property History for 900 Hilgard 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 900 Hilgard Avenue

Taxable ValueLand$10,445,272Additions$1,276,642Total$11,721,914
Tax Record2024$143,093 ($11,924 / month)
Home Facts
Total Finished SqFt17,930 SqFtAbove Grade Finished SqFt17,930 SqFtStories1Lot Size22,494 SqFtStyleClubsYear Built1951ZoningLAR3CountyLOS ANGELESAPN4360-006-024

Schools near 900 Hilgard Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - K to 5
Rating
School
Distance
Warner Avenue Elementary School
PublicK to 5

Emerson Community Charter School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

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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900 Hilgard Avenue is a multi-family home for sale in Los Angeles, CA 90024. This property was listed for sale on July 29, 2024 by Remax Commercial and Investment Realty, it's currently listed at $12,995,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Warner Avenue Elementary School, Emerson Community Charter School and University Senior High School Charter. 900 Hilgard Avenue is a 0-bed, 0-bath, 19,432 sqft multi-family home built in 1951.

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 Remax Commercial and Investment Realty, Jonathan Taksa, DRE #01366169

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.