2042 Holly DR Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90068
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25110928
HOA Y/N No
Year Built 1919
Lot Size 7,496 Sqft
Property Sub-Type Triplex
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 to craft a signature project in one of LA's most dynamic neighborhoods. Don't miss this unparalleled opportunity to shape the future of Hollywood Dell!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD2
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Utilities Available Overhead Utilities
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5576019026
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard