Description
PRICE REDUCED, Seller Financing available!! We are pleased to present for sale a rare 12,000 sqft C4 development opportunity located in the heart of Hollywood! Situated on trendy Sunset Blvd, this parcel affords an investor with unmatched flexibility: R4 residential uses, retail uses, hotels, schools, churches, theaters, gas stations, auto sales, parking garage, and much more! The subject vacant land parcel is zoned C4-2D-SN, TOC Tier 3, affording a developer the opportunity to build 30 units by right or up to 63 units with TOC incentives + ADU's. Super Clean Deal - No Specific Plan - No SB 8 issues - No tenant relocation required, PLUS save on demo costs! Lot dimensions are 60 x 200 feet. The site is centrally located in Hollywood within close proximity to shopping, dining, transportation (Hollywood/Highland Metro) and all the entertainment Hollywood has to offer its tenants. The site may also be a prime candidate for an ED 1 fully affordable housing project (33 ft height bonus + unlimited density, buyer to verify). Do not miss this opportunity to purchase a clean slate in trendy Hollywood with tons of potential. Contact listing agent for more details!
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
PRICE REDUCED, Seller Financing available!! We are pleased to present for sale a rare 12,000 sqft C4 development opportunity located in the heart of Hollywood! Situated on trendy Sunset Blvd, this parcel affords an investor with unmatched flexibility: R4 residential uses, retail uses, hotels, schools, churches, theaters, gas stations, auto sales, parking garage, and much more! The subject vacant land parcel is zoned C4-2D-SN, TOC Tier 3, affording a developer the opportunity to build 30 units by right or up to 63 units with TOC incentives + ADU's. Super Clean Deal - No Specific Plan - No SB 8 issues - No tenant relocation required, PLUS save on demo costs! Lot dimensions are 60 x 200 feet. The site is centrally located in Hollywood within close proximity to shopping, dining, transportation (Hollywood/Highland Metro) and all the entertainment Hollywood has to offer its tenants. The site may also be a prime candidate for an ED 1 fully affordable housing project (33 ft height bonus + unlimited density, buyer to verify). Do not miss this opportunity to purchase a clean slate in trendy Hollywood with tons of potential. Contact listing agent for more details!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-08T10:31:29.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.