This is a four lot assemblage with only one seller. The site comprises +/- 28,667 sf of land that falls within Tier II of the TOC Guidelines. Developers could pursue either a potential 39 unit multifamily project or a potential small lot SFR (SLO) project in the 16-20 unit range. It is located in an area of East Hollywood where a handful of LA’s most talked-about neighborhoods are converging. Silver Lake to the east, Los Feliz/Virgil Corridor to the northeast, Hollywood Media District to the northwest, Larchmont to the west, and Koreatown to the south. The subject site is a 10 minute drive from the major job center of the Hollywood Media District, with Netflix (three offices), Viacom’s west coast headquarters, WeWork’s Hollywood hub as well as many more, not to mention Paramount Studios a few blocks down Melrose from the site. Convenient access to the 101 freeway, as well as three Red Line/LA Metro stops on the Vermont corridor within walking distance.
BRENT ROBERTS Realtor | CA BRE# 01946139 | 619-762-4883
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