Description
First time on the market in over 50 years!!!! amazing opportunity for first-time buyers, investors and/or developers! this exceptional investment and development parcel is nestled in hollywood near hancock park. the lot has a duplex and is zoned r-1.5 permitting the construction of up to 4 units (buyer to verify). new developments create demand for economic growth. a rare opportunity to own a 1920s spanish-style duplex with the possibility of adding an adu (buyer to verify). ideal for owner-users or investors seeking a timeless asset in a highly desirable neighborhood. this exceptional investment and development parcel is nestled in the vibrant core of hollywood. new developments allow for demand and ongoing economic growth. located near paramount studios, netflix, sunset gower studios, and nbc studios. the "echelon studios" complex is set to be completed in 2026. buyers are encouraged to independently confirm the accuracy of all information through personal inspections and consultations with qualified professionals. cash-only buyers, you can rehab the 2 existing units, possibly add an adu, or build up to 4 units.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49326545
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Unknown
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- None
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1924
- Building Area Total: 2,091
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1665
- Lot Size Source: Assessor
- Lot Size Square Feet: 7252
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Listing Information
Listing Price Information
- Original List Price: 1,199,000
- Listing Contract Date: 2025-04-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5524005022
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: None
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: C20 - Hollywood
- Postal Code Plus 4: 3421
- Directions: near Santa Monica and McCadden
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C20 - Hollywood
- Property SubType: Duplex
Building and Construction
- Property Age: 101
- Common Walls: 1 Common Wall
- Structure Type: Duplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 06/13/2025 @ 11:10
- MLS: OC25075065
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is recently sold, it has 2,091 sqft, 7,252 sized lot, and 2 parking. are nearby neighborhoods.