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5,903 Sqft Lot
$ 1,200,000
Est. payment | /mo
5,903 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25008879
HOA Y/N No
Lot Size 5,903 Sqft
Acres 0.14
Property Sub-Type Unimproved Land
Property Description
We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood Boasting a lot size of +/- 6,000sq. ft., zoning of LARD1.5, and Tier 3 TOC designation, the potential possibilities for this property are endless! Buyer may be able to do affordable housing (ED-1) project on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! Build more ADUs to generate additional rental income. Given the property's location with rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5538007027
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Listed by Arshag Bohdjelian • West Valley Plaza Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "