Property Detail
Description
*Prime Development Opportunity in Central Hollywood* 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 sites 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 LAs most vibrant markets.
Map Location
Listing provided courtesy of Simon Mills of Mills Realty of California. Last updated 2025-03-04 10:17:31.000000. Listing information © 2024 PACIFICSOTHEBYSFULLSANDICORCOMBINED.
Marlene Kindt
CA DRE #02087349
Brokerage DRE#
7979 Ivanhoe Avenue, Suite 350La Jolla, CA 92037
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Marlene's Phone: 858.757.7710
Brokerage Phone: 858.457.9400
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License: CA DRE #02087349
Brokerage: DRE #01932411
7979 Ivanhoe Avenue, Suite 350 La Jolla, CA 92037
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