132-138 N. Swall Drive
132-138 N. Swall Drive, Los Angeles, CA 90048
Broker: Mazda Hoghoughi
Phone number: (310) 271-4040
DEADLINE FOR ALL OFFERS: Friday April 25, 2014 by 5 pm. Seller entertaining offers between $ 5,500,000. – $ 7,500,000. range. Two existing income units with development potential. Developers’/Investors’ dream looking to develop condominiums. Phenomenal opportunity to develop this rare double lot with apx 12,000 sq.ft in prime & extremely high demand area of B.H./W.Hollywd- adjacent location just off of chic & trendy Beverly Blvd & Robertson. Property zone is LA R3 which per city has a potential property base density of 14-units & in addition the State Density Bonus Law under SB1818 and LAMC section 12.22A25 may allow upto a 35% density bonus permitting a max. density of +/- 19-units. Buyer to verify all with city.Superb high-demand location in chic & trendy area on Swall Drive just off Beverly Blvd. & Robertson within walking distance to all shops, galleries & restaurants.