Price $1,895,000
Status Active
Beds 0
Baths 0 bath
Home size n/a
Lot Size 16,500 sqft
Days on Market 27
CALL FOR OFFERS!! A rare offering in rapidly developing East Hollywood neighborhood and situated between Melrose Ave & Beverly Blvd, two of the most prestigious streets within Los Angeles, on a VACANT TIER ONE double lot comprised of 16,500+/- SF offering MULTIPLE EXIT STRATEGIES: (1) RTI building permits for 12 luxury 2-story townhouse style apt homes over basement garage with unit mix of ten 2BR/2.5BA & two 3BR/2.5BA units, (2) place condo tract map (at buyers expense) on existing RTI permits & sell as individual condos, (3) development opportunity to build up to 21 units per TOC Tier 1 guidelines w/ incentives of reducing open space by 20% and setbacks by 25%, etc, or (4) develop Small Lot Oridinance. Plans & reports available upon request. Centrally located with convenient access to 101 FWY and close to shops/restaurants & near Miracle Mile, Hollywood, Silverlake, Larchmont/Hancock Park & DTLA. SOLD AS IS. Buyer to verify all information.
Property Type(s): Lot/Land/Acreage
Last Updated 10/17/2018 Year Built 0
Community C17 - Mid-Wilshire County Los Angeles

Price History

Prior to Oct 17, '18 $2,100,000
Oct 17, '18 - Today $1,895,000

Additional Details

AREA C17 - Mid-Wilshire
HOA DUES 0.00
LOT 0.38 acre(s)
UTILITIES Phone Available
VIEW Yes
VIEW DESCRIPTION City Lights
ZONING LAR3

Location

 

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Listing provided by : Shawn S. Kormondy CalDRE:01451888, Keller Williams Beverly Hills

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Based on information from California Regional Multiple Listing Service, Inc. as of 10/19/18 2:41 AM PDT 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

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