Listing by: Yana Beranek, Berkshire Hathaway HomeServices California Properties
0 Beds
n/a Full bath
n/a SqFt
Active
Attention Developers and Investors, here is an exceptional opportunity for a premier multi-family development in Hollywood. This vacant corner lot, totaling 6,459 SQFT and zoned R3, is located in a prime neighborhood north of Melrose Ave and one block east of Hudson Ave, near Hancock Park & Larchmont Village. A shovel-ready project can be easily developed into a 7,822 sqft three-story seven-units apartment complex with one level of subterranean parking. The plans include seven two-bedroom apartments, each ranging from 1,039-1,350 SF. All permit fees have been paid, and construction can commence immediately. The advantage of this site is its corner location (easy to build) and its proximity to newly developed apartment complexes (curb appeal). Additionally, it is conveniently centrally located with an easy commute throughout Los Angeles to Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea. As well, it near Paramount Studios, Los Angeles Tennis Club, Netflix, Larchmont Village, restaurants, shops & walking distance to the Theatre Row.
Property Details | ||
---|---|---|
Price | $2,500,000 | |
Lot Size | 55x126 | |
Lot Size Area | 6938 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1593 | |
Property Type | Land | |
View | Mountain(s) | |
Geographic Data | ||
Directions | North of Melrose Ave and one block east of Hudson Ave. | |
County | Los Angeles | |
Latitude | 34.08515 | |
Longitude | -118.330135 | |
Market Area | C20 - Hollywood | |
Address Information | ||
Address | 757 Cole Avenue, Los Angeles, CA 90038 | |
Postal Code | 90038 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Berkshire Hathaway HomeServices California Properties | |
Listing Agent | Yana Beranek | |
Buyer Agency Compensation | 2.500 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Virtual Tour URL | https://listingzen.com/property/12168/mls | |
MLS Information | ||
Days on market | 90 | |
MLS Status | Active | |
Listing Date | Dec 15, 2023 | |
Listing Last Modified | Feb 26, 2024 | |
Tax ID | 5533034001 | |
MLS Area | C20 - Hollywood | |
MLS # | 23339951 |
This information is believed to be accurate, but without any warranty.