5807 W VIRGINIA AVE Hancock Park LA

WOW! Buy this property which is next door to 1163 North Van Ness (also on the Market) and you will obtain appx 15,000 SF of R3 Land for potential future development! And Still, this is a Great Price for a 3 Bedroom Home + Two One Bedroom Units behind! Great Investment Property offering R3-T2 Zoning for future Development! Possibilities maybe include Expanding the Residences, AND/OR Adding ADUs, OR even (someday) maybe Building a 6 Unit Apartment Building on this site, or with the neighboring property included perhaps 30 Units, check with the City, Extreme Possibilities! If Purchased with the 6 Units Next door, on Van Ness, this may be a DEVELOPER'S DREAM DEAL, possibly Building while collecting Income during the Planning Stage! Check out the neighboring property IN THE MLS, 1163 Van Ness. Family Area Near Schools & Shopping & Transportation! TWO PARCELS 5807 Virginia Ave. 90038, AND 1163 North Van Ness Ave. 90038. The Owner prefers to sell both properties (doesn't matter if different Buyers for each property) and prefer to close Escrow at about the same time. Together these properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Buy Now - Build Later! Please Email any additional questions or thoughts to the Agent, thank you!