**FULLY APPROVED PLANS w/ RTI PERMITS** We're pleased to present this one-of-a-kind, fully entitled Ready-To-Issue (RTI) development opportunity in the desirable and growing Hollywood neighborhood. Boasting a high Walk Score, the proposed project is situated a short distance from Sunset Blvd and is surrounded by a plethora of amenities. Utilizing… Read More TOC incentives, the development consists of 12 units with a contemporary design, featuring a 4-story mid-rise wood-frame structure, 14 onsite subterranean parking spaces & a unit mix of luxury one & two bedroom units. Entitlements are complete, allowing a buyer to begin construction immediately. Located in an exclusive HUD approved 'Opportunity Zone', this LAR3 - 1XL property sits on a spacious 7,000SF pad with approved plans to build up to approximately 22,870SF (16,080SF Residential Living Space plus 6,790SF Subterranean Garage). Priced to provide compelling exit metrics for a developer/buyer. See Offering Memo for a detailed analysis of residual land value. **SELLER FINANCING may be available for qualified buyers** Read Less
Property listed by Onyx Realty Inc., Jonathan Massaband 310-275-3915
Listing Snapshot
Days Online
405
Last Updated
Property Type
Single Family Residence
Beds
12
Full Baths
12
Square Ft.
16,080
Lot Size
0.16 Acres
Year Built
1920
MLS Number
23310631
30 Days Snapshot Of 90028
$
+37%
(avg) sold price
2
0%
homes sold
81
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1920, Building area total: 16,080, Levels: One, Living area: 16080, 1 story, Common walls: NoCommonWalls
Cooling
None
Fireplaces
None
Floors
Wood
Heating
None
Laundry
None
Lot
0.1607 acres, 6,998 square feet, Size: 6,998
Parking
None
Pool
None
Property
Zoning: LAR3, CityLights
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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