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$ 1,199,000
Est. payment | /mo
$ 1,199,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25057048
Property Sub-Type Lots/Land
Property Description
Developers delight! This C-2 zoned corner parcel of land is in the heart of Hollywood with additional access to the property through the alley. Multiple uses and significant residential density is allowed by right. This residential density is increased as a Tier 3 Transit Oriented Community. The lot is currently occupied by a commercial tenant on a month to month lease at $5,200 so you can collect rent as you go through entitlements. The lease can be terminated easily should that be the intent of the buyer. Even demolition costs will be minimal since there are two small structures on the corners of the lot (408 SF and 840 SF). Surrounding this lot are views of the Hollywood sign, Paramount Studios, Raleigh Studios, Hollywood Forever, and other Hollywood and adjacent Larchmont Village attractions. 91 Walk Score. This is the lot you've been looking for.
Location
State CA
County Los Angeles
Direction Just south of Santa Monica Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 5534023001
Listed by Stephen Shiu STEPHEN SHIU, BROKER
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "