Description
Hollywood Development Opportunity with Plans for 49 Units Located in the heart of Hollywood, this R3-1 zoned property within an Opportunity Zone offers a premier investment and development opportunity. Current plans envision a five-story building with 49 one-bedroom affordable housing units. Charming Hollywood Craftsman Home with Endless Potential Step inside this rare two-story Craftsman home featuring a classic front porch, cozy fireplace, and abundant natural light. Full of character and timeless appeal, this home offers both comfort today and potential tomorrow. The R3-1 zoned lot provides room to grow in one of LA's most vibrant neighborhoods just minutes from world-famous studios, trendy restaurants, entertainment, and convenient transit options. Nearby Hollywood Development Just a minute's drive from the property, Echelon Studios Hollywood is a modern 600,000sq.ft. studio campus with soundstages, offices, and creative spaces, designed to support content creation and collaboration. The project is expected to be completed in mid-2026, further enhancing the neighborhood's growth and investment potential. Don't miss this chance to own a piece of Hollywood charm with development possibilities!
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3BEDS
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0.16ACRES
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2BATHS
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01/2 BATHS
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2,028SQFT
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$843$/SQFT
School Ratings & Info
Description
Hollywood Development Opportunity with Plans for 49 Units Located in the heart of Hollywood, this R3-1 zoned property within an Opportunity Zone offers a premier investment and development opportunity. Current plans envision a five-story building with 49 one-bedroom affordable housing units. Charming Hollywood Craftsman Home with Endless Potential Step inside this rare two-story Craftsman home featuring a classic front porch, cozy fireplace, and abundant natural light. Full of character and timeless appeal, this home offers both comfort today and potential tomorrow. The R3-1 zoned lot provides room to grow in one of LA's most vibrant neighborhoods just minutes from world-famous studios, trendy restaurants, entertainment, and convenient transit options. Nearby Hollywood Development Just a minute's drive from the property, Echelon Studios Hollywood is a modern 600,000sq.ft. studio campus with soundstages, offices, and creative spaces, designed to support content creation and collaboration. The project is expected to be completed in mid-2026, further enhancing the neighborhood's growth and investment potential. Don't miss this chance to own a piece of Hollywood charm with development possibilities!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-12-05T23:43:03.987. 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.