Property Description

Presented for sale is a Prime Development Site in the epicenter of Hollywood. Located within an Opportunity Zone at 1750 N. Argyle Ave., across from the Capitol Records Building and steps to the Walk of Fame, the property previously housed a historical Church that burned to the ground. The 34,320 SF Lot has very desirable zoning, with the front half being zoned C4-2D and the back half being zoned R4-2D, all Tier 4. The property falls under the Regional Center Commercial designation in the General Plan, allowing for R5 density! The Tier 4 TOC bonus can increase the density. The location is practically unmatched, being a five minute stroll to Hollywood & Vine, the Metro Subway Station, an absurd number of restaurants and nightlife destinations, the Pantages Theatre, the Hollywood Bowl, Sunset Gower Studios, the Palladium, Trader Joe'swe could go on and on! No relocation hassles, no RSO, no Ellisjust good ol' fun! The Seller is not interested in any entitlement deals.

ESSENTIAL INFO

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