Exciting opportunity for development of a four-story nine-unit cutting edge luxury condominium building with a mix of roof terraces balconies & patios over one level of subterranean parking at 507- 509 N. Orlando Avenue in the heart of West Hollywood within an easy walk of all the local points of interest from Pacific Design Center through Melrose corridor to the Beverly Center. Seller has approved plans and demolition permits for the two existing single family residences currently occupying the two adjacent sites ready to be implemented. There is a limited window of opportunity for acquisition of this investment as the property will be marketed only this one time during September. The listing price includes both lots, APN numbers 5528-018-017 and 5528-018-018. The two sites total approximately 10385 sq ft. The approved plans are for a build of over 12000 sq ft. Project will be delivered with planning approval. Buyer responsible for building and safety permits. SOLD AS IS.
Off market
$5,201,962
507 N Orlando Ave, West Hollywood, CA 90048
2beds
1baths
1,240sqft
SingleFamily
Built in 1937
5,189 Square Feet Lot
$-- Zestimate®
$4,195/sqft
$4,710 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Other
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Washer
Features
- Flooring: Other
Interior area
- Total interior livable area: 1,240 sqft
Property
Lot
- Size: 5,189 sqft
Details
- Parcel number: 5528018076
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1937
Community & neighborhood
Location
- Region: West Hollywood