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Image 1 - 8570 Holloway Dr, West Hollywood, California, 90069 - House for sale
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Home For Sale In West Hollywood, California
8570 Holloway Dr, West Hollywood, California, 90069

Home For Sale In West Hollywood, California

house for sale
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Listed: 03/09/24

8570 Holloway Dr, West Hollywood, California, 90069

6 Bed:
6 Bath:
4,003 Sq Ft Living Area:
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Price
$ 3,5M

About This House

8570 Holloway Drive presents a unique and generational investment opportunity in the heart of West Hollywood, where prime location meets untapped potential. This charming triplex, situated one block south of the iconic Sunset Strip at the intersection of Sunset Blvd and La Cienega Blvd, offers investors a blank canvas with immense promise. Nestled on a7, 708 SFlot zonedR4B, 8570Holloway currently comprises a front duplex and a vacant one-bedroom above the garages, presenting a unique opportunity for income generation while pursuing further development. The true allure of this property lies in its development potential. According to a BrickWork development report, the future owner can develop up to 8 units by right or 14 units by utilizing density bonus incentives (buyer to …  Full description

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West Hollywood Housing & Living

Household Income

Median household income: $66,458
Number of households: 22,602
The average household income in West Hollywood, CA grew from $61,127 to $66,458 in the past year. This data is an estimate based upon 22,602 households in West Hollywood, CA.
The chart below presents how household income is distributed in West Hollywood, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in West Hollywood, CA compared to median property taxes around the country. The prevalent amount of property taxes in West Hollywood, CA equals $3k+ , which is more than the national average.