4-Bedroom ResidentialIncome — 931 S Holt Avenue, Los Angeles, CA
$1,799,000
931 S Holt Avenue, Los Angeles, CA
About this property
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.
Property details
Location
931 S Holt Avenue • Los Angeles, CA 90035
Listed by
Marc 'Meir' Nemetsky · Power Brokers