Prime Development Opportunity in Hollywood! This centrally located property zoned LARD1.5 on approximately 7,715 sq. ft. lot (53'x145'), part of TOC tier 2 (up to 60% density bonus). This property can have 5 dwelling units (7,715 sq ft lot, 1,500 sq ft per dwelling unit) with potential for more using TOC incentives. Currently there are 3 units on the property totaling approximately 2,600 sq.ft. Unit #1 is 5 bedrooms & 2 baths, unit #2 is 2 beds & 1 bath, unit #3 is 3 beds & 1 bath. Located just minutes away from main transportation routes, nightlife, downtown LA, entertainment industry & the best Los Angeles has to offer. Generate income with three units while applying for plans. Don't miss this moment. Buyer to verify all information and do independent due diligence.

The manager has listed the unit size as 2606 square feet.