- Middle of Hollywood!
- Hollywood + Vine
- Very short walk to Trader Joe's, CVS, Walgreens
- Steps to the Walk of Fame, Pantages, Capitol Records Building
- Metro Subway Station one block south
- In the heart of fine dining, nightlife and most things that drive people to move to Los Angeles
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, or 171± units by Right! The Tier 4 TOC density bonus can increase the density to 310± units. While 310 units would likely require Type I construction, a savvy investor may choose to build less units utilizing Type III construction. 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.
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