1750 N Argyle Ave - Prime Hollywood! Build High Density Res.!
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1750 N Argyle Ave - Prime Hollywood! Build High Density Res.!
0.79 Acres of Commercial Land Offered at £6,650,825 in Los Angeles, CA 90028
Investment Highlights
- Middle of Hollywood at Hollywood + Vine
- Steps to the Walk of Fame, Pantages, Capitol Records Building
- In the heart of fine dining, nightlife and most things that drive people to move to Los Angeles
- Very short walk to Trader Joe's, CVS, Walgreens
- Metro Subway Station one block south
Executive Summary
Presented for sale is a Prime Development Site in the epicenter of Hollywood. Located within an Opportunity Zone at 1750 N. Argyle Ave., across from the Capitol Records Building and steps to the Walk of Fame, the property previously housed a historical Church that burned to the ground.
The 34,320 SF Lot has very desirable zoning, with the front half being zoned C4-2D and the back half being zoned R4-2D, all Tier 4. The property falls under the Regional Center Commercial designation in the General Plan, allowing for R5 density!
The Tier 4 TOC bonus can increase the density.
The location is practically unmatched, being a five minute stroll to Hollywood & Vine, the Metro Subway Station, an absurd number of restaurants and nightlife destinations, the Pantages Theatre, the Hollywood Bowl, Sunset Gower Studios, the Palladium, Trader Joe’s…we could go on and on!
No relocation hassles, no RSO, no Ellis…just good ol’ fun!
The Seller is not interested in any entitlement deals.
The 34,320 SF Lot has very desirable zoning, with the front half being zoned C4-2D and the back half being zoned R4-2D, all Tier 4. The property falls under the Regional Center Commercial designation in the General Plan, allowing for R5 density!
The Tier 4 TOC bonus can increase the density.
The location is practically unmatched, being a five minute stroll to Hollywood & Vine, the Metro Subway Station, an absurd number of restaurants and nightlife destinations, the Pantages Theatre, the Hollywood Bowl, Sunset Gower Studios, the Palladium, Trader Joe’s…we could go on and on!
No relocation hassles, no RSO, no Ellis…just good ol’ fun!
The Seller is not interested in any entitlement deals.
Property Facts
| Price | £6,650,825 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.79 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £6,650,825 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.79 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £6,650,825 | Lot Size | 0.79 AC |
| Price Per AC | £8,441,430 |
| Price | £6,650,825 |
| Price Per AC | £8,441,430 |
| Lot Size | 0.79 AC |
Vacant Lot. Previously housed a historical Church that burned to the ground.
Description
Build a High Density Residential Project a block away from the Subway Station.
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Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 5546-031-005 | Improvements Assessment | £0 |
| Land Assessment | £8,873,723 | Total Assessment | £8,873,723 |
PROPERTY TAXES
Parcel Number
5546-031-005
Land Assessment
£8,873,723
Improvements Assessment
£0
Total Assessment
£8,873,723
zoning
| Zoning Code | C4-2D-SN & R4-2D Tier 4 (Build a High Density Residential Project) |
| C4-2D-SN & R4-2D Tier 4 (Build a High Density Residential Project) |
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1750 N Argyle Ave - Prime Hollywood! Build High Density Res.!
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