HUGE PRICE REDUCTION!!! AMAZING INVESTMENT/DEVELOPMENT OPPORTUNITY IN HEART OF HOLLYWOOD! This corner lot is R3 zoned and has TOC Tier 2 Development Opportunity with potential to build 8 units or possibly more! (Buyer to verify). The area is extremely active with new development, continues to see strong demand, and is fueled by ongoing high economic growth. Property is located in heart of Hollywood and is surrounded with neighbors like Netflix, Viacom, Sunset Gower Studios, NBC Studios, Paramount Studios, etc. Property used to have two duplexes. One of them was damaged by fire. Currently there is one duplex remaining and produces approximately $3,800/month. Unlock the full potential and build a multi unit complex with rooftop views of the Hollywood Sign!
Based on information from CRISNet MLS 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. Updated: 29th November, 2023 8:54 AM (UTC)
Listing Agent: Luda Rosenbaum
Listing Office: Compass
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