A prime investment opportunity, situated mid-block on a palm tree lined street, moments from Los Feliz, Franklin Village, and the best amenities in Hollywood. This 8,392 sf flat lot, zoned RD1.5-1XL, is ideal for redevelopment or reconfiguration of the existing two story Craftsman with accessory structure and garage conversion. The… Read More main home currently is configured with 5 bedrooms and 3 bathrooms, with original exterior architecture intact. A converted garage and accessory addition are situated along the back of the lot, with spacious front and back yard areas plus gated off street parking for multiple vehicles. Multiple redevelopment opportunities include a previously entitled 9 unit TOC building or lower density 5 unit luxury apartment concept, or build up to 13 primary dwelling units by utilizing CHIP Transited Oriented Incentive Area programs - Buyer to verify all potential future development opportunities with appropriate professionals. Located in a vibrant neighborhood, where Los Feliz meets East Hollywood. Walking distance to Franklin Village, Gelson's, La Poubelle, Upright Citizen's Brigade, Lazy Acres, Bolt EaHo. Less than 1 mile from Netflix's Hollywood Campus, Sunset Bronson Studios, and Columbia Square, with quick access to the 101 freeway, multiple transit lines, and the Hollywood and Western Red Line Station. Property conveyed in as-is condition and will be vacant at close of escrow. Drive by only, do no disturb occupants. Please call Listing Agent for more information or to request Offering Memorandum. Read Less
Property listed by Compass, Courtney Pickard 323-593-6999
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Square Ft.
2,388
Lot Size
0.19 Acres
Year Built
1911
MLS Number
25574225
30 Days Snapshot Of 90028
$1.01M
+10%
(avg) sold price
3
-40%
homes sold
98
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1911, Building area total: 2,388, Levels: Two, Living area: 2388, 2 stories, Architectural style: Craftsman, Common walls: NoCommonWalls
Fireplaces
Decorative
Floors
Tile, Wood
Laundry
SeeRemarks
Lot
0.1927 acres, 8,392 square feet, Size: 8,392
Parking
4 totals parking, ConvertedGarage, Driveway
Pool
None
Property
Zoning: LARD1.5, CityLights, Hills, Landmark
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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