UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25010832
HOA Y/N No
Lot Size 0.449 Acres
Property Description
This exceptional property spans three contiguous parcels, offering a total of 19,539 square feet in one of the most sought-after locations in Central Hollywood. Situated within a Transit Oriented Community (TOC) and a Transit Priority Area, this site provides unparalleled access to Los Angeles and surrounding communities, ensuring convenience and connectivity.
Zoned R4, the property is primed for high-density development. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan.
The site's design-friendly features, including an existing alleyway that aids in setbacks, enhance its appeal for multi-family housing projects. With its central location and significant development benefits, this property offers an unparalleled opportunity for investors and developers seeking maximum ROI in one of LA's most vibrant markets.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR4
Interior
Fireplace No
Exterior
Fence Average Condition
Community Features Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Building
Lot Description Front Yard, Near Public Transit, Street Level, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5534026007
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Nearby Locations
- 10
Valley View Elementary
Public | KG - 5
- 9
Citizens of the World Charter
Public | KG - 8
- 8
Hancock Park Elementary
Public | KG - 5
- 8
Melrose Avenue Elementary School
Public | KG - 6
- 8
3rd Street Elementary School
Public | KG - 5
- 8
Larchmont Charter
Public | KG - 12
- 8
Queen Anne Place Elementary School
Public | KG - 5
- 8
Los Feliz STEMM Magnet School
Public | KG - 6
- 8
Hoover Street Elementary
Public | KG - 5
- 8
Franklin Avenue Elementary
Public | KG - 5
- 7
Gardner Street Elementary
Public | PK - 5
- 7
Cheremoya Avenue School
Public | PK - 6
- 7
Hollywood Primary Center
Public | KG - 3
- 7
Dr. Sammy Lee Medical and Health Science Magnet
Public | KG - 5
- 6
Wilshire Park Elementary
Public | KG - 5
- 6
Van Ness Avenue Elementary
Public | KG - 5
- 6
Kim Elementary School
Public | KG - 5
- 6
Cahuenga Elementary School
Public | KG - 5
- 5
Laurel School
Public | KG - 8
- 5
Wilton Place Elementary
Public | KG - 5
- 8
Rise Kohyang Middle School
Public | 6 - 8
- 6
John Burroughs Middle School
Public | 6 - 8
- 6
Virgil Middle School
Public | 6 - 8
- 6
Thomas Starr King Middle School
Public | 6 - 8
- 5
Pico Pico Middle School
Public | 6 - 8
- 4
Magnolia Science Academy 5
Public | 6 - 12
- 4
Bancroft Middle School
Public | 6 - 8
- 4
Joseph Le Conte Middle School
Public | 6 - 8
- 4
RFK Community Schools - Ambassador School of Global Leadership
Public | 6 - 12
- 4
Los Angeles Academy of Arts & Enterprise Charter
Public | 6 - 12
- 2
Monsenor Oscar Romero Charter Middle School
Public | 6 - 8
- 1
Apex Academy
Public | 7 - 12
- 1
Berendo Middle School
Public | 6 - 8
- 1
Young Oak Kim Academy
Public | 6 - 8
- 0
West Hollywood Opportunity
Public | 7 - 12
- 0
Aviva High School
Private | 7 - 12
- 0
The Episcopal School of los Angeles
Private | 6 - 9
- 0
Marlborough School
Private | 7 - 12
- 0
Richard A. Alonzo Community Day
Public | 7 - 12
- 0
Immaculate Heart High School & Middle School
Private | 6 - 12
- 7
Fairfax High School
Public | 9 - 12
- 7
Math and Science College Preparatory
Public | 9 - 12
- 7
STEM Academy of Hollywood
Public | 9 - 12
- 7
Central City Value
Public | 9 - 12
- 7
Camino Nuevo High No. 2
Public | 9 - 12
- 5
Hollywood High School
Public | 9 - 12
- 4
RFK Community Schools - Los Angeles High School of the Arts
Public | 9 - 12
- 3
Los Angeles High School
Public | 9 - 12
- 1
Helen Bernstein High School
Public | 9 - 12
- 1
RFK Community Schools - School for the Visual Arts & Humanities
Public | 9 - 12
- 0
Shalhevet High School
Private | 9 - 12
- 0
Shalhevet School
Private | 9 - 12
- 0
Harkham-Gaon Acadamy
Private | 9 - 12
- 0
Whitman Continuation
Public | 9 - 12
- 0
Shaarei Torah California Rabbinical College
Private | 9 - 12
- 0
Bais Yaakov School for Girls
Private | 9 - 12
- 0
Yeshiva Gedolah of los Angeles
Private | 9 - 12
- 0
Yeshiva Ohr Elchonon Chabad - West Coast
Private | 9 - 12
- 0
Bnos Devorah High School
Private | 9 - 11
- 0
Bishop Conaty-Our Lady of Loretto High School
Private | 9 - 12
GET MORE INFORMATION