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.
| MLS # | 26836927 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 179 |
| Listing Provided By | CB Richard Ellis, Inc. | Adam Peterson |
| Zoning | LAC2 |
|---|---|
| Acreage | 0.65 |
| Property View | None |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90027 |
| Area | C20 Hollywood |
| Listing VS Median (in 90027) | |
Price: $8,500,000 low | high Med: $1,250,000 On site: 179 low | high Med: 68 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90027 |
| Area | C20 Hollywood |
| Listing VS Median (in 90027) | |
Price: $8,500,000 low | high Med: $1,250,000 On site: 179 low | high Med: 68 | |