Skip to main content
Back to Search Results

5837 Willoughby Ave, Los Angeles, CA 90038

Show All 17 Photos
For Sale

$1,395,000

4 beds • 2 baths • 1,681 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $829.86
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

We are pleased to present for a sale a prime LAR3 development opportunity in Hollywood! Located just steps away Paramount Studios, this FLAT ~6,500 sqft lot offers a developer the opportunity to build 8 units by right or up to 15 units using TOC Incentives. Perfect for double duplex/townhome style units as well! Attractive seller financing terms available, call for more details! Also an excellent opportunity to build an ED 1, fully affordable housing project! Lot dimensions are 50 sqft by 130 sqft, zoned R3-1XL, TOC Tier 2, and comes with an alley! Subject property is currently a duplex that will be delivered VACANT!! Property has been owner occupied for the last 5+ years, meaning no dealing with tenant relocation or new onerous SB 8 regulations! The site is located within an Opportunity Zone, which may provide additional tax incentives (buyer to verify). Do not miss this opportunity to purchase a RARE development site near all the shopping, restaurants, transportation, and amenities that Hollywood has to offer its tenants!! Excellent location close to Paramount Studios, West Hollywood, Larchmont Village & Hancock Park. Buyer to verify all zoning regulations with LADBS. Property to be sold As-Is. Contact listing agent for more details!
MLS# 23-326509

Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

(310) 432-6400

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.15 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 5837 Willoughby Ave, Los Angeles, CA 90038

Home seller CENTURY 21 Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Masters

(888) 862-1194
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading