2042 Holly Drive, Los Angeles, CA 90068 - MLS#SR25110928

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,500,000

Est. payment - /mo

5 Beds

4 Baths

7,495 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25110928

Bedrooms 5

HOA Y/N No

Lot Size 7,495 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare Development Opportunity in the Heart of Hollywood Dell! FIRST TIME ON MARKET IN OVER 35 YEARS! Seize this chance to create a stunning condo or townhome project on a 7,493 sqft LARD2-zoned parcel in the coveted Hollywood Dell neighborhood. Just north of the iconic Capitol Records and the vibrant Sunset Vine development, this prime lot is surrounded by luxury condos, trendy restaurants, fitness studios, and production spaces, making it a hotspot for modern urban living. This property offers immediate flexibility for redevelopment. A recent appraisal (less than 30 days ago) valued it at $1.85M, highlighting its strong investment potential. With the right vision, a rooftop deck could showcase breathtaking views of the Hollywood Hills, Capitol Records, Downtown LA, and the Hollywood Bowl. Prime Location: Steps from Franklin Village Shops, Birds, The Oaks, Bourgeois Pig, Hollywood Lake Dog Park, Paramount, Universal Studios, CNN Building, Farmers Market, Hollywood Bowl, O Restaurant, Beauty & Essex, Tao, SoulCycle, Equinox, Off-Vine, Katsuya, and top-tier hiking trails with iconic Hollywood Sign views. Families will love the nearby kids parks, while professionals and creatives will appreciate the proximity to studios and entertainment hubs. This is a developers dream to craft a signature project in one of LAs most dynamic neighborhoods. Dont miss this unparalleled opportunity to shape the future of Hollywood Dell!
Rare Development Opportunity in the Heart of Hollywood Dell! FIRST TIME ON MARKET IN OVER 35 YEARS! Seize this chance to create a stunning condo or townhome project on a 7,493 sqft LARD2-zoned parcel in the coveted Hollywood Dell neighborhood. Just north of the iconic Capitol Records and the vibrant Sunset Vine development, this prime lot is surrounded by luxury condos, trendy restaurants, fitness studios, and production spaces, making it a hotspot for modern urban living. This property offers immediate flexibility for redevelopment. A recent appraisal (less than 30 days ago) valued it at $1.85M, highlighting its strong investment potential. With the right vision, a rooftop deck could showcase breathtaking views of the Hollywood Hills, Capitol Records, Downtown LA, and the Hollywood Bowl. Prime Location: Steps from Franklin Village Shops, Birds, The Oaks, Bourgeois Pig, Hollywood Lake Dog Park, Paramount, Universal Studios, CNN Building, Farmers Market, Hollywood Bowl, O Restaurant, Beauty & Essex, Tao, SoulCycle, Equinox, Off-Vine, Katsuya, and top-tier hiking trails with iconic Hollywood Sign views. Families will love the nearby kids parks, while professionals and creatives will appreciate the proximity to studios and entertainment hubs. This is a developers dream to craft a signature project in one of LAs most dynamic neighborhoods. Dont miss this unparalleled opportunity to shape the future of Hollywood Dell!

Location

State CA

County Los Angeles

Area Los Angeles (90068)

Zoning Public Rec

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $55

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Gerard Balian • Beverly and Company, Inc.

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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2042 Holly Drive Los Angeles, CA 90068

Nicole Hazelton

Key Details

Location

Exterior

Building

Others

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