942 Wilcox Avenue

Los Angeles, CA 90038

$1,695,000
Price
6,815 / 0.16
Lot Size / Acres

Description

This exceptional lot in the heart of Hollywood is zoned for multi-family development and fully entitled for a luxurious 15-unit apartment building. The approved plans include a 4-story structure with one level of subterranean parking, featuring 3 designated affordable units. Situated in a highly sought-after area with proximity to entertainment, dining, and all the best that Hollywood has to offer. Zoned for multi-family use, offering an ideal canvas for developers looking to capitalize on Hollywood's...This exceptional lot in the heart of Hollywood is zoned for multi-family development and fully entitled for a luxurious 15-unit apartment building. The approved plans include a 4-story structure with one level of subterranean parking, featuring 3 designated affordable units. Situated in a highly sought-after area with proximity to entertainment, dining, and all the best that Hollywood has to offer. Zoned for multi-family use, offering an ideal canvas for developers looking to capitalize on Hollywood's thriving real estate market. Additionally, there is significant potential to re-entitle the property for up to 26 affordable living units or 5-6 luxury condos, offering flexibility for various development strategies. This is a rare opportunity to develop in one of Los Angeles' most dynamic and desirable neighborhoods!

Listing Agent

  1. Geoffrey Frid

    Geoffrey Frid

    Listing Agent

    Compass

    DRE #02089672

    geoffrey.frid@compass.com

    P: (310)-270-6225

Property Details for 942 Wilcox Avenue

Zoning
LAR3
Parcel Number
5533021023
Area
Hollywood (C20)
Lot Size Area
6815
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5533-021-023
Directions
Please use navigation, North of Melrose, East of Highland.
LISTING UPDATED: 11/23/2024 12:01 AM

Property Details for 942 Wilcox Avenue

StatusActive
MLS #24-458647
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.16 AC
CountyLos Angeles County

Building Information for 942 Wilcox Avenue

Lot Size0.16 AC

Property Information for 942 Wilcox Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Walk Street
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Other
  • Lot Acreage: 0.1565
  • Lot Size Square Feet: 6815
  • 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: 11-15-2024

Property History for 942 Wilcox 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 942 Wilcox Avenue

Taxable ValueLand$2,037,182Additions$30,556Total$2,067,738
Tax Record2024$25,284 ($2,107 / month)
Home Facts
Total Finished SqFt1,888 SqFtAbove Grade Finished SqFt1,888 SqFtLot Size6,813 SqFtStyleDuplexYear Built1924ZoningLAR3CountyLOS ANGELESAPN5533-021-023

Schools near 942 Wilcox Avenue

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

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK to 5

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.

Similar Homes

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942 Wilcox Avenue is a 0.16 ac of land for sale in Los Angeles, CA 90038. This property was listed for sale on November 15, 2024 by Compass, it's currently listed at $1,695,000. It has been on the market for a total of 36 days and was last sold on February 21, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 942 Wilcox Avenue is a 0-bed, 0-bath, 0.16 ac of land on a 6,815 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 Compass, Geoffrey Frid, DRE #02089672

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.