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Listed by Gerard Balian • Beverly and Company, Inc.
$1,500,000
Est. payment /mo
7,495 Sqft Lot
Price Dropped by $335K
2042 Holly DR Los Angeles, CA 90068
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25110928
Year Built 1919
Lot Size 7,495 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Rare Development Opportunity in the Heart of Hollywood Dell! FIRST TIME ON MARKET IN OVER 35 YEARS! Seize this chance to create a stunning condo or townhome project on a 7,493 sqft LARD2-zoned parcel in the coveted Hollywood Dell neighborhood. Just north of the iconic Capitol Records and the vibrant Sunset Vine development, this prime lot is surrounded by luxury condos, trendy restaurants, fitness studios, and production spaces, making it a hotspot for modern urban living. This property offers immediate flexibility for redevelopment. A recent appraisal (less than 30 days ago) valued it at $1.85M, highlighting its strong investment potential. With the right vision, a rooftop deck could showcase breathtaking views of the Hollywood Hills, Capitol Records, Downtown LA, and the Hollywood Bowl. Prime Location: Steps from Franklin Village Shops, Birds, The Oaks, Bourgeois Pig, Hollywood Lake Dog Park, Paramount, Universal Studios, CNN Building, Farmers Market, Hollywood Bowl, O Restaurant, Beauty & Essex, Tao, SoulCycle, Equinox, Off-Vine, Katsuya, and top-tier hiking trails with iconic Hollywood Sign views. Families will love the nearby kids' parks, while professionals and creatives will appreciate the proximity to studios and entertainment hubs. This is a developer's dream t
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 5576019026
Special Listing Condition Not Applicable
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