Prime Development Opportunity in Hollywood! This centrally located property zoned LARD1.5 on approximately 7,715 sq. ft. lot (53'x145'), part of TOC tier 2 (up to 60% density bonus). This property can have 5 dwelling units (7,715 sq ft lot, 1,500 sq ft per dwelling unit) with potential for more using TOC incentives. Currently there are 3 units on the property totaling approximately 2,600 sq.ft. Unit #1 is 5 bedrooms & 2 baths, unit #2 is 2 beds & 1 bath, unit #3 is 3 beds & 1 bath. Located just minutes away from main transportation routes, nightlife, downtown LA, entertainment industry & the best Los Angeles has to offer. Generate income with three units while applying for plans. Don't miss this moment. Buyer to verify all information and do independent due diligence.
Courtesy of Elite Residential Realty, Gabriel Getter - Agent DRE# 01902670
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.