Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build Multi unit building. certain new city of Los Angeles programs may allow to build 27 units APARTMENT BUILDING or 9 luxury units .buyer and buyer broker are soley responsible to verify with city of Los Angeles planning department for condition and programs that will allow it . Area may allow for A very high density bonus with certain condition . Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information.
seller may be willing to carry .
Basic Details
Land
For Sale
WS24150632
$2,090,000
7,501 Sqft
Active
Features
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: Biking, Curbs, Dogpark
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Address Map
California
Los Angeles
Los Angeles
90038
5636 lexington ave
0
W119° 41' 15.9''
N34° 5' 33''
Additional Info
SO. CALIFORNIA REAL ESTATE CO.
20738
5187252@gmail.com
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0 Sqft
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131
131
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: Electricityonproperty
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: Acreage
$0
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5536007009
: Standard
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$0
: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Natural Gas Available