1357 N Las Palmas Avenue, Los Angeles, CA 90028
1357 N Las Palmas Avenue, Los Angeles, CA 90028
1357 N Las Palmas Avenue, Los Angeles, CA 90028
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$1,150,000
Est. payment /mo
5,493 Sqft Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL26656809

HOA Y/N No

Lot Size 5,493 Sqft

Acres 0.13

Property Sub-Type Unimproved Land

Property Description

A multifamily development opportunity located in the heart of Hollywood, just south of Sunset Boulevard and west of Highland Avenue. The property consists of a 5,499 square foot vacant corner lot zoned RD1.5 and requires no demolition, allowing a future developer to move directly toward redevelopment planning. The property previously obtained approved plans and ready-to-issue permits for the development of a three-unit residential building plus an accessory dwelling unit totaling approximately 6,257 square feet of living area. The proposed design contemplated larger three and four bedroom residences along with a detached one-bedroom ADU. The seller has completed substantial architectural and entitlement work, including updated plans prepared in late 2023. Buyers are encouraged to contact the broker for additional information regarding prior approvals and current permitting status. The property also previously received a Replacement Unit Determination under SB 8 confirming that no affordable replacement units were required based on prior site conditions. Given the property's zoning and central Hollywood location within a transit-accessible infill corridor, a buyer may also wish to evaluate alternative redevelopment approaches, including affordable housing or applicable incentive p

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 5547032026

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Listed by Mark Cianciulli • The CREM Group

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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1357 N Las Palmas Avenue