5655 Virginia Avenue

    Los Angeles (City), CA 90038
    • $1,200,000
    • STATUS: Active Under Contract
    • ON SITE: 101 days
    • ID#: 20555404
    Under Contract
    UPDATED: 45 min ago
    $1,200,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    We are proud to present this development opportunity in one of the most desirable areas of Los Angeles. Existing triplex situated on 7507 sf R3 zoned lot which allows for a 9 unit apartment building. Take advantage of the density bonus and build up to 15 units by exercising TOC Tier 3 guidelines. The lot is 50" wide and 150" deep. Centrally located with easy access to Hollywood, the 101 Freeway, West Hollywood, and Downtown Los Angeles. With a walk score of 88, there are several amenities and attractions in the immediate area including the Hollywood/Western Metro Station, Griffith Observatory, and Larchmont Village.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T18:28:30.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

    www.socalrealtyexpert.com/homes/103419562

    5655 Virginia Avenue Los Angeles (City), CA 90038

    • Price: $1,200,000
    • Status: Active Under Contract
    • Updated: 45 min ago
    • ID#: 20555404
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1939
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    We are proud to present this development opportunity in one of the most desirable areas of Los Angeles. Existing triplex situated on 7507 sf R3 zoned lot which allows for a 9 unit apartment building. Take advantage of the density bonus and build up to 15 units by exercising TOC Tier 3 guidelines. The lot is 50" wide and 150" deep. Centrally located with easy access to Hollywood, the 101 Freeway, West Hollywood, and Downtown Los Angeles. With a walk score of 88, there are several amenities and attractions in the immediate area including the Hollywood/Western Metro Station, Griffith Observatory, and Larchmont Village.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes

    Interior Features

    Heating Floor Furnace Heating YN Yes

    Property Features

    Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 37200.00 Net Operating Income 0.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 0.00 Vacancy Allowance Rate 0.00 Zoning Lar3

    Listing provided courtesy of Yohann Bensimon of Keller Williams Hollywood Hills and Nikolay Samokhvalov of Keller Williams Hollywood Hills


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T18:28:30.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

     
    Robin McCann | EXIT Alliance Realty
    43521 Rige Park Drive, Suite 201
    Temecula CA, 92590