$2,500,000 Price Analysis   ♡   Los Angeles, CA 90038 Unknown bed 0 bath unknown SqFt ($0/SqFt) 6,938SqFt lot. Listed 2023-12-16, Taxes $8,126 | Ⓧ USDA Ineligible due to property near Los Angeles |
Attention Developers and Investors
Here is an exceptional opportunity for a premier multi-family development in Hollywood. This vacant crner lot, totaling 6, 459 SQFT and zoned R3, is located in a prime neighborhood north of Melrose Ave and one block east of Hudson Ave, near Hancock Park and Larchmont Village. A shovel-ready project can be easily developed into a 7, 822 sqft three-story seven-u nits apartment complex with one level of subterranean parking.
The plans include seven two-bedroom apartments, each ranging from 1, 039-1, 350 SF. All permit fees have been paid and construction can commence immediately. The advantage of this site is its corner location (easy to build) and its proximity to newly developed apartment complexes (curb appeal). Additionally, it is conveniently centrally located with an easy commute throughout Los Angeles to Hollywood, West Hollywood, Beverly Hills, Los Feliz and La Brea. As well, it near Paramount Studios, Los Angeles Tennis Club, Netflix, Larchmont Village, restaurants, shops and walking distance to the Theatre Row.
Presented by Yana Beranek at
Berkshire Hathaway HomeServices.
Property MLS #23-339951 from TheMLSCLAW
Lot Size Dimensions: 55x126
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6938
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: North of Melrose Ave and one block east of Hudson Ave.
Source Property Type: Land
Area: Hollywood
Source Neighborhood: Hollywood
Parcel Number: 5533-034-001
Postal Code Plus 4: 3605
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $669,309 $669,309 | $8,126 |
| 2021 | $unknown + $656,186 $656,186 | $8,028 |
| 2020 | $162,364 + $649,458 $811,822 | $8,200 |
| 2019 | $159,181 + $636,724 $795,905 | $9,748 |
| 2018 | $156,060 + $624,240 $780,300 | $9,616 |
| 2017 | $153,000 + $612,000 $765,000 | $9,407 |
| 2016 | $150,000 + $600,000 $750,000 | $9,188 |
| 2015 | $153,691 + $409,844 $563,535 | $6,966 |
| 2014 | $150,681 + $401,816 $552,497 | $6,996 |
| 2013 | $150,000 + $350,000 $500,000 | $6,378 |
| 2012 | $154,151 + $308,304 $462,455 | $6,111 |
| 2010 | $151,129 + $302,259 $453,388 | $1,434 |
| 2009 | $35,199 + $56,523 $91,722 | $1,382 |
| 2009 | $35,115 + $56,389 $91,504 | $1,382 |
| 2008 | $34,509 + $55,415 $89,924 | $1,332 |
| 2007 | $33,833 + $54,329 $88,162 | $1,289 |
$2,500,000
TheMLSCLAW
Listing removed 2020-12-23
$0
CRMLS
Price Changed 2020-07-24
$2,850,000
CRMLS
Listed 2020-03-23
$3,100,000
CRMLS
Sold 2015-07-01
$750,000
Public Record
Sold 2011-04-01
$485,000
SoCalMLS
Relisted 2010-04-16
$525,000
SoCalMLS
Sold 2010-04-12
$485,000
SoCalMLS
Relisted 2010-03-23
$525,000
SoCalMLS
Listing removed 2010-03-13
$525,000
SoCalMLS
Listing removed 2010-03-13
$525,000
SoCalMLS
Price Changed 2010-03-12
$525,000
SoCalMLS
Price Changed 2010-03-12
$525,000
SoCalMLS
Price Changed 2010-02-14
$559,000
SoCalMLS
Price Changed 2010-02-14
$559,000
SoCalMLS
Listed 2009-09-30
$580,000
SoCalMLS
Listed 2009-09-30
$580,000
SoCalMLS
Price Changed 2009-09-27
$599,000
SoCalMLS
Price Changed 2009-09-27
$599,000
SoCalMLS
Price Changed 2009-07-26
$610,000
SoCalMLS
Price Changed 2009-07-26
$610,000
SoCalMLS
Price Changed 2009-07-13
$635,000
SoCalMLS
Price Changed 2009-07-13
$635,000
SoCalMLS
Price Changed 2009-06-29
$659,000
SoCalMLS
Listed 2009-05-29
$659,000
SoCalMLS
Listed 2009-04-02
$699,000
SoCalMLS
Sold 1972-11-17
$22,500
Public Record
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.