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Listed by Stephen Shiu • STEPHEN SHIU, BROKER
$1,249,000
Est. payment /mo
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 400 sqft
Price per Sqft $3,122
MLS Listing ID CRCV25056921
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1947
Lot Size 6,503 Sqft
Property Sub-Type Detached
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 is only a small structure on the lot. 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
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View Greenbelt
Private Pool false
Building
Lot Description Corner Lot
Story 1
Water Public
Schools
School District Los Angeles Unified
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