$1,199,000
$50K PRICE DROP

Estimated payment $6,778/month

Total Views 3,433
-- Bed
0.5 Bath
1,248 Sq Ft
$961 Price per Sq Ft

Highlights

  • Park or Greenbelt View
  • No HOA
  • Park
  • Corner Lot

About This Home

Developers delight! This C-2 zoned corner parcel of land is in the heart of Hollywood with additional access to the property through the alley. Multiple uses and significant residential density is allowed by right. This residential density is increased as a Tier 3 Transit Oriented Community. The lot is currently occupied by a commercial tenant on a month to month lease at $5,200 so you can collect rent as you go through entitlements. The lease can be terminated easily should that be the intent of the buyer. Even demolition costs will be minimal since there are two small structures on the corners of the lot (408 SF and 840 SF). Surrounding this lot are views of the Hollywood sign, Paramount Studios, Raleigh Studios, Hollywood Forever, and other Hollywood and adjacent Larchmont Village attractions. 91 Walk Score. This is the lot you've been looking for.

Listing Agent

Stephen Shiu

STEPHEN SHIU, BROKER Brokerage Phone: 213-359-8389 License #01921212 Listed on: 03/14/2025

STEPHEN SHIU, BROKER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1947

Lot Details

  • No Common Walls

Home Design

  • Mixed Use

Interior Spaces

  • 0.5 Bathroom
  • 1,248 Sq Ft Home
  • 1-Story Property
  • Park or Greenbelt Views

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 191810
  • Assessor Parcel Number 5534023001
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,641

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Structure Type: Mixed Use
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 5534023001
  • Year Built: 1947
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1248.00 Square Feet
  • Stories: 1
  • Entry Location: 1st floor
  • Common Walls: No Common Walls
  • Half Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 960.74

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6503.00
  • Lot Size Acres: 0.1493

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6503.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 191810

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,641 $79,737 $69,191 $10,546
2023 $1,626 $78,175 $67,835 $10,340
2022 $1,582 $76,643 $66,505 $10,138
2021 $1,566 $75,141 $65,201 $9,940
2019 $1,538 $72,915 $63,268 $9,647
2018 $1,396 $71,486 $62,028 $9,458
2016 $1,354 $68,712 $59,620 $9,092
2015 $1,342 $67,681 $58,725 $8,956
2014 $1,358 $66,356 $57,575 $8,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $1,199,000 -4.0% --
03/14/2025 03/14/25 For Sale $1,249,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25056921

California Regional Multiple Listing Service (CRMLS)

APN: 5534-023-001