We are excited to present this exceptional development opportunity located at 401 S Le Doux Rd in Los Angeles, CA 90048. The Site consists of 6,861 square feet of land (0.16 acres) zoned R4-1. The Offering is currently run as a 6-unit apartment building and grosses $133,236 annually. This allows for a developer to cash flow while plans and entitlements are drafted for the sites highest and best use.A developer has the unique opportunity to build 19 units by-right or 34 units with Tier 3 TOC. With a Walk Score of 95, The Site is located in prime Beverly Grove and is a block from the bustling street of La Cienega’s Restaurant Row and the Beverly Center where world renown restaurants and world class shopping and entertainment await. Beverly Grove, located within the 90048 zip code of Los Angeles, is a charming and upscale neighborhood that epitomizes the elegance of Southern California living. This sought-after enclave seamlessly blends urban convenience with a touch of suburban tranquility. Known for its tree-lined streets and picturesque residential areas, Beverly Grove exudes a serene ambiance while being in close proximity to the bustling entertainment and shopping districts of West Hollywood and Beverly Hills. The neighborhood is a haven for fashion enthusiasts, as it boasts high-end boutiques, renowned designer stores, and trendy restaurants along the famous Melrose Avenue. Additionally, the iconic Farmer’s Market at The Grove serves as a communal gathering spot where locals and tourists alike come to enjoy diverse culinary offerings and unique shopping experiences. Beverly Grove’s blend of style, culture, and accessibility makes it a coveted destination in the heart of Los Angeles.
Property Details
Price:
$3,000,000
MLS #:
23-316171
Status:
Sold ((Mar 15, 2024))
Baths:
0
Address:
401 S Le Doux Rd
Type:
Land
Neighborhood:
beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Sep 28, 2023
State:
CA
Lot Size:
6,861 sqft / 0.16 acres (approx)
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- Address401 S Le Doux Rd Los Angeles CA
- AreaBeverly Center-Miracle Mile
- CityLos Angeles
- CountyLos Angeles
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Courtesy of Filip Niculete at Marcus & Millichap. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-05.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-05.
401 S Le Doux Rd
Los Angeles, CA
LIGHTBOX-IMAGES