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Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build Multi unit building.  certain new city of Los Angeles programs may allow  to build 27 units  APARTMENT BUILDING  or 9 luxury units .buyer and buyer broker are soley responsible to verify with city of Los Angeles planning department  for condition and programs that will allow it  . Area may allow for A very high density bonus with certain condition . Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information.

seller may be willing to carry .

Hollywood

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5636 Lexington Ave, Los Angeles, CA 90038

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