Property
| Ownership: | For Sale |
|---|---|
| Area: | 28498 sq ft |
| Lot Size: | 0.7 Acres |
Financials
Price:$8,500,000
Listing Courtesy of CB Richard Ellis, Inc.
4773 Hollywood Blvd Hollywood Hills East La
Description
Prime Los Feliz corner-lot development opportunity comprised of three adjacent parcels totaling approximately 28,498 SF of lot area. The site dimensions are 135' x 210'. Currently vacant, this site sits within the Hollywood Community Plan area and the Vermont/Western Station Neighborhood Area Specific Plan (SNAP). The site contains two zoning designations of C2-1D for the fronting parcels on Hollywood Blvd., and RD1.5-1XL for the rear parcel on Berendo St. The site is eligible for numerous state and local incentives which would permit up to 120 units in a State Density Bonus (AB 1287) project and unlimited density in a Mixed-Income, Affordable Housing Incentive or ED1 project. Potential buyers are encouraged to review the land use memo provided in the Virtual Deal Room.
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
