.Developers delight! This C-2 zoned corner parcel of land is in the heart of Hollywood with additional access to the property through the alley. Multiple uses and significant residential density is allowed by right. This residential density is increased as a Tier 3 Transit Oriented Community. The lot is currently occupied by a commercial tenant on a month to month lease. The lease can be terminated easily should that be the intent of the buyer. Demolition costs will be minimal since there is only a small structure on the lot (~400 SF). Surrounding this lot are views of the Hollywood sign, Paramount Studios, Hollywood Forever, and other Hollywood and adjacent Larchmont Village attractions. This is the lot you’ve been looking for. Lot size: 6,503.
Asking: $1,249,000
