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Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build Multi unit building. certain new city of Los Angeles programs may allow to build 27 units APARTMENT BUILDING or 9 luxury units .buyer and buyer broker are soley responsible to verify with city of Los Angeles planning department for condition and programs that will allow it . Area may allow for A very high density bonus with certain condition . Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information.seller may be willing to carry .
Property Type(s):
Lot/Land/Acreage
| Last Updated | 10/14/2024 | Community | Hollywood |
|---|---|---|---|
| County | Los Angeles |
Price History
| Prior to Aug 7, '24 | $2,580,000 |
|---|---|
| Aug 7, '24 - Aug 13, '24 | $2,540,000 |
| Aug 13, '24 - Aug 21, '24 | $2,280,000 |
| Aug 21, '24 - Sep 15, '24 | $2,380,000 |
| Sep 15, '24 - Sep 16, '24 | $2,280,000 |
| Sep 16, '24 - Oct 7, '24 | $2,180,000 |
| Oct 7, '24 - Today | $1,990,000 |
Additional Details
| AREA | Hollywood |
|---|---|
| HOA DUES | 0 |
| LOT | 7501 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| UTILITIES | Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected, Electric: Electricity - On Property |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAR3 |
Location
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Listed with SO. CALIFORNIA REAL ESTATE CO.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) 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 CSMAR. 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. Any information relating to a property, 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 CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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