2 adjacent R3 parcels from Tamarind to Bronson on Lexington. Sold as potential land re-development. Currently comprised of a single family house, a 4 plex, another single family house and a duplex. Included APN's are 5534-009-12 and 5534-009-013. Combined lot dimensions are approx 50' X 264'. 364' of street frontage. Easy to satisfy parking egress and ingress. Prime Hollywood location. All units are in a decent recently renovated condition. Opportunity for redevelopment for up to perhaps 8-10 Small Lot Subdivisions or 16 "build by right" apartments. Or up to 24 units with density bonus. Another obvious plan could be to re-position the 2 properties for much higher rents as it is. All proposed scenario's to be evaluated by experts engaged by potential Buyer. Listing office makes no representations as to buildability.
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Listing Courtesy ofBarbano Realty