1157 N Orange Drive

    Los Angeles (City), CA 90038
    • $2,099,999
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: 19503620
    UPDATED: 22 min ago
    $2,099,999
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-08T14:25:58.843. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/98289027

    1157 N Orange Drive Los Angeles (City), CA 90038

    • Price: $2,099,999
    • Status: Active
    • Updated: 22 min ago
    • ID#: 19503620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    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.
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard Utilities Water Connected Zoning Lar3

    Listing provided courtesy of Mary Anne Reyes of Pacifica Realty Management La


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-08T14:25:58.843. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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