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Key Details
Sold Price $1,490,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,302 sqft
Price per Sqft $1,144
MLS Listing ID AR22148434
Sold Date 08/18/22
Style Detached
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1912
Lot Size 6,500 Sqft
Acres 0.1492
Property Description
MAJOR PRICE IMPROVEMENT! Investors and developers, don't miss this rare R4 lot located in the heart of urban Hollywood renaissance. Zoned for multiple family development, this property has a tremendous upside: you can build up to 4 single family homes, or develop apartment buildings for this sizzling hot rental market: 19 units with TOC Bonus density (70% Bonus Density), 15 units with SB1818 bonus density (35% bonus density), or 11 units by right. Close to world famous Sunset Blvd, walking distance to trendy shops, restaurants and media giants including Netflix, Technicolor, ABC, Buzzfeed, Viacom, Gower and Bronson studios, etc. Property will be delivered VACANT and SOLD AS IS. Buyer to verify city zoning code.
MAJOR PRICE IMPROVEMENT! Investors and developers, don't miss this rare R4 lot located in the heart of urban Hollywood renaissance. Zoned for multiple family development, this property has a tremendous upside: you can build up to 4 single family homes, or develop apartment buildings for this sizzling hot rental market: 19 units with TOC Bonus density (70% Bonus Density), 15 units with SB1818 bonus density (35% bonus density), or 11 units by right. Close to world famous Sunset Blvd, walking distance to trendy shops, restaurants and media giants including Netflix, Technicolor, ABC, Buzzfeed, Viacom, Gower and Bronson studios, etc. Property will be delivered VACANT and SOLD AS IS. Buyer to verify city zoning code.
Location
State CA
County Los Angeles
Area Los Angeles (90028)
Zoning LAR4
Interior
Laundry Inside
Exterior
Garage Spaces 1.0
Total Parking Spaces 1
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To New Loan
Special Listing Condition Standard
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON LISTED AGENT • NON LISTED OFFICE