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Lot/land
  • Listing Provided by: 

    Simon Mills DRE #01309436 818-763-4462,

    Mills Realty of California

    $5,900,000

    6132 Romaine St #13, Los Angeles, CA 90038

    --beds
    --baths
    0.45Acres
    Unimproved Land
    Built in ----
    0.45 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Design-friendly featuresExisting alleywayExceptional propertyHigh-density development
    *Prime Development Opportunity in Central Hollywood* This exceptional property spans three contiguous parcels, offering a total of 19,539 square feet in one of the most sought-after locations in Central Hollywood. Situated within a Transit Oriented Community (TOC) and a Transit Priority Area, this site provides unparalleled access to Los Angeles and surrounding communities, ensuring convenience and connectivity. Zoned R4, the property is primed for high-density development. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan. The site’s design-friendly features, including an existing alleyway that aids in setbacks, enhance its appeal for multi-family housing projects. With its central location and significant development benefits, this property offers an unparalleled opportunity for investors and developers seeking maximum ROI in one of LA’s most vibrant markets.
    52 days
    on Zillow
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    36
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    Zillow last checked: 7 hours ago

    Listing updated: March 03, 2025 at 05:37pm

    Listing Provided by:

    Simon Mills DRE #01309436 818-763-4462,

    Mills Realty of California

    Source: CRMLS,MLS#: SR25010832MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Property

    Features
    • Fencing: Average Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.45 Acres
    • Features: Front Yard, Near Public Transit, Street Level, Value In Land
    Details
    • Additional parcels included: 5534026008, 5534026009
    • Parcel number: 5534026007
    • Zoning: LAR4
    • Special conditions: Standard

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Date on market: 1/15/2025
    • Listing terms: 1031 Exchange
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