$1,835,000

2042 Holly Dr Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated payment $10,952/month

Total Views 348
5 Beds
4 Baths
3,082 Sq Ft
$595 Price per Sq Ft

Highlights

  • No Units Above
  • Laundry Room
  • 4-minute walk to Franklin-Ivar Park
  • No HOA
  • 1-Story Property

About This Home

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!

Listing Agent

Gerard Balian

Beverly and Company, Inc. Brokerage Phone: 323-573-3004 License #01935630

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,175

Year Built

  • Built in 1919

Lot Details

  • 7,495 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 3,082 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 189701
  • Assessor Parcel Number 5576019026
  • $671 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $67,454
  • Net Operating Income $53,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,175

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 3235733004
  • Price Per Unit: 458750
  • Property Attached: Yes
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5576019026
  • Year Built: 1919
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Entry Level: 1
  • Price Per Square Foot: 595.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Utilities - Overhead
  • Lot Size Sq Ft: 7495.00
  • Lot Size Acres: 0.1721

Multi Family

  • Gross Income: 67454.00
  • Gross Scheduled Income: 67454.00
  • Lot Size Area: 7495.0000 Square Feet
  • Net Operating Income: 53254.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 14200.00
  • Rent Control: Yes
  • Total Actual Rent: 5621.20

Tax Info

  • Tax Census Tract: 1896.00
  • Tax Lot: 75
  • Tax Tract Number: 189701
  • TaxOtherAnnualAssessmentAmount: 671.00

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 $8,175 $625,499 $406,579 $218,920
2023 $8,026 $613,235 $398,607 $214,628
2022 $7,694 $601,212 $390,792 $210,420
2021 $7,591 $589,425 $383,130 $206,295
2020 $7,592 $583,382 $379,202 $204,180
2019 $7,307 $571,944 $371,767 $200,177
2018 $7,143 $560,730 $364,478 $196,252
2016 $6,775 $538,958 $350,326 $188,632
2015 $6,679 $530,863 $345,064 $185,799
2014 $6,718 $520,465 $338,305 $182,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $1,835,000 -- $595 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $207,300 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25110928

California Regional Multiple Listing Service (CRMLS)

APN: 5576-019-026

California Los Angeles County Los Angeles 90068 Hollywood Hills

2042 Holly Dr, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 2042 Holly Dr, Los Angeles, CA 90068 and is currently priced at $1,835,000, approximately $595 per square foot. This property was built in 1919. 2042 Holly Dr is a home located in Los Angeles County with nearby schools including Cheremoya Avenue Elementary School, Joseph Le Conte Middle School, and Hollywood Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Gerard Balian
Listing Agent
Gerard Balian
Section Image
Beverly and Company, Inc.
(323) 573-3004