Developer Opportunity for this fast changing Hollywood location from single family homes into brand new multi-unit apartment complexes with all the latest home features. Currently a commercial zoned triplex property with one commercial tenant and two residential tenants, the property owner lives in one of the units.Property is ideal for individuals who would like to live in one of the units and run and operate a mom & pop business from the store front, while collecting rent from the other residential unit or an investor who purchases and rents all three units for income, however, the highest and best use is to develop the property into multi-unit residential with potential of 12 – 16 units based on all the new construction surrounding this property with five of them being on the same block.Situated within one-quarter mile from Santa Monica / Vermont Metro Rail Station, within the heart of Hollywood, easy access to transit, shopping, schools and Los Angeles City College, site is designated TC-3 within a State Enterprise Zone, currently one retail space rented month to month and two residential units, one is rented month to month and the other is occupied by the owner.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
1/16/2025
|
|
YEAR BUILT
|
1919
|
COMMUNITY
|
Hollywood
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| APPLIANCES |
Dryer, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater |
| AREA |
Hollywood |
| CONSTRUCTION |
Drywall, Stucco |
| EXTERIOR |
Lighting |
| GARAGE |
None, Yes |
| HEAT |
Natural Gas, Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down, Attic, Bedroom on Main Level, Laminate Counters, Main Level Primary, Open Floorplan, Walk-In Closet(s) |
| LOT |
8253 sq ft |
| LOT DESCRIPTION |
Back Yard, Level, Near Public Transit, Paved, Rectangular Lot, Walkstreet |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer,Sewer Tap Paid |
| STORIES |
1 |
| STYLE |
Mediterranean, See Remarks |
| UTILITIES |
Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Standard |
| VIEW DESCRIPTION |
None |
| WATER |
Public,See Remarks |
| ZONING |
LAC2 |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Realty Executives Homes
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/17/25 11:49 AM PST and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email