$1,499,000
Los Angeles, CA 90028
Los Angeles
County
Land
Property Type
LAND FOR SALE | PRIME HOLLYWOOD DEVELOPMENT OPPORTUNITY. Rare opportunity to acquire an approximately 6,615 SF vacant and fully cleared development site in the highly desirable Hollywood Studio District, just south of Sunset Boulevard. The property is identified as [Q]R4-1VL-CPIO within the Hollywood Community Plan area, with current ZIMAS information identifying TOC Tier 3 and ED1 Eligible Site designations, offering potential for multifamily and other qualifying development strategies, subject to applicable regulations and City approval. The site offers approximately 50 feet of frontage by 132 feet of depth and presents an exceptional opportunity for developers, investors, and builders seeking a strategically located Los Angeles infill development site. Potential for approximately 28+ units based on preliminary development information; buyer to independently verify all development potential with the City of Los Angeles. Conveniently located near Sunset Boulevard, Sunset Bronson Studios, Sunset Gower Studios, Hollywood Boulevard, Hollywood & Vine, Metro transportation, dining, entertainment, major employment centers, and the 101 Freeway. APN 5545-015-006. Buyer and Buyer's Agent to independently verify zoning, density, allowable unit count, TOC Tier 3 and ED1 eligibility, FAR, height, parking, setbacks, development standards, entitlements, permits, fees, utilities, and all other property and development information with the City of Los Angeles and appropriate professionals. No representation or warranty is made regarding development potential, allowable density, unit count, entitlements, or approvals. Property is being sold in its present condition.
$7,978/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.