Property Description

Prime Los Feliz corner-lot development opportunity comprised of three adjacent parcels totaling approximately 28,498 SF of lot area. The site dimensions are 135' x 210'. Currently vacant, this site sits within the Hollywood Community Plan area and the Vermont/Western Station Neighborhood Area Specific Plan (SNAP). The site contains two zoning designations of C2-1D for the fronting parcels on Hollywood Blvd., and RD1.5-1XL for the rear parcel on Berendo St. The site is eligible for numerous state and local incentives which would permit up to 120 units in a State Density Bonus (AB 1287) project and unlimited density in a Mixed-Income, Affordable Housing Incentive or ED1 project. Potential buyers are encouraged to review the land use memo provided in the Virtual Deal Room.

ESSENTIAL INFO

• Status: Active Under Contract