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This listing is no longer available

$1,650,000

20% Min Down
5+ Beds
4 Bath
2,606 Sqft
$633 / Sqft
Listed 10 weeks ago, Built in 1924
Common Charges
No Data
Property Taxes
No Data
Mortgage
$6,113
Total Monthly Payment
$6,113
Est. Rental Income
$0
Cap Rate
No Data
Description
Pleased to present investors with the opportunity to acquire prime Hollywood's Studio District development site, just half a block South of Sunset Blvd.Two houses on a lot, Situated on a 6,627 SF lot with LAR4 - TOC Tier 2 Zoning. Front house is a charming 3BR 1.5 BA, Rear is a two story 2BR 2BA. Potential to Build 11 Units By Right, 15 Units with 35% Density Bonus or up to 18 Units if TOC Tier 2 Bonus Density is Applied ( 60%). NOT Historically Preserved. Located in the Qualified Opportunity Zone. front house can be delivered vacant at the close of escrow. Sold AS IS for LAND VALUE, Buyer to conduct his Own Due Diligence and relay on their own investigation. Inside with accepted offer only!! Billions of dollars are being spent up the street on Sunset and Hollywood Blvd including the new Netflix, Viacom and Columbia Square buildings. Steps to the Walk of Fame, Red Line, The Arclight and 1.4 MILLION sq ft of proposed space for the Crossroads of the World Project

The manager has listed the unit size as 2606 square feet.
Features & Amenities
Window Unit(s) A/C
Central Furnace
Driveway
Price History
Date Event Price Source
Recent Inactive Public Records
2019-10-04 Status Change Off Market Listing Records
2019-09-25 Price Drop $1,650,000 Listing Records
2019-08-28 Price Drop $1,695,000 Listing Records
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Recent Transactions at 1427 North BRONSON Avenue
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Nearby Schools

(within attendance boundary)
Hollywood Primary Center  •  0.38 mi
1115 Tamarind Ave., Los Angeles, CA 90038
Public  •  Elementary  •  Grades KG to 3
Los Angeles Unified School District
Joseph Le Conte Middle  •  0.11 mi
1316 N. Bronson Ave., Hollywood, CA 90028
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
Helen Bernstein High  •  0.26 mi
1309 N. Wilton Pl., Hollywood, CA 90028
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Room By Room Floorplans and Photos
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