6132 Romaine, Los Angeles, CA 90038 – SR25010832

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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$5,900,000

Est. payment - /mo

0.45 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25010832

HOA Y/N No

Lot Size 0.449 Acres

Acres 0.4486

Property Sub-Type Lots/Land

Property Description

*Prime Development Opportunity in Central Hollywood* This exceptional property spans three contiguous parcels, offering a total of 19,539 square feet in one of the most sought-after locations in Central Hollywood. Situated within a Transit Oriented Community (TOC) and a Transit Priority Area, this site provides unparalleled access to Los Angeles and surrounding communities, ensuring convenience and connectivity. Zoned R4, the property is primed for high-density development. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan. The sites design-friendly features, including an existing alleyway that aids in setbacks, enhance its appeal for multi-family housing projects. With its central location and significant development benefits, this property offers an unparalleled opportunity for investors and developers seeking maximum ROI in one of LAs most vibrant markets.
*Prime Development Opportunity in Central Hollywood* This exceptional property spans three contiguous parcels, offering a total of 19,539 square feet in one of the most sought-after locations in Central Hollywood. Situated within a Transit Oriented Community (TOC) and a Transit Priority Area, this site provides unparalleled access to Los Angeles and surrounding communities, ensuring convenience and connectivity. Zoned R4, the property is primed for high-density development. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan. The sites design-friendly features, including an existing alleyway that aids in setbacks, enhance its appeal for multi-family housing projects. With its central location and significant development benefits, this property offers an unparalleled opportunity for investors and developers seeking maximum ROI in one of LAs most vibrant markets.

Location

State CA

County Los Angeles

Area Los Angeles (90038)

Building

Lot Description Sidewalks

Others

Monthly Total Fees $40

Miscellaneous Value in Land

Acceptable Financing Exchange

Listing Terms Exchange

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Listed by Simon Mills • Mills Realty of California

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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6132 Romaine Los Angeles, CA 90038

Patricia Beattie

Key Details

Location

Building

Others

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