1157 N ORANGE Drive LOS ANGELES, CA 90038
- $2,099,999
- 7,003 lot
- Est payment $11273.25/mo
Neighborhood Info
Vacant Land in Los Angeles
Great opportunity for investors and developers. Buyer to do their own investigation. Three units currently on lot. Collect rent while working through entitlements and permits. Maximize use of rare large corner lot - zoned R3- in prime Hollywood location. Zoned for apartment housing and multiple dwellings, which includes condos and small single family or townhome style lots permitted by the Small Lot Subdivision Ordinance. Possible density bonus and TOC Tier 2 Designation. Walking distance to many popular restaurants, shops and theaters on Hollywood, Sunset, La Brea and Highland- Roosevelt Hotel, Grauman's Chinese Theatre, ArcLight, Dolby Theatre - home of the Oscars- Hollywood Studios and The Lot Studios. With development, potential rooftop views of Hollywood Hills and Hollywood Sign. Please do not disturb tenants. Buyer to cooperate with seller's IRC Section 1031 tax deferred exchange. Seller selects services.
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7,003 Lot
Main Features
- Listing Status: Active
- County: LOS ANGELES
- Zoning: LAR3
- MLS Number:19503620