Estimated payment $60,738/month
Total Views
559
0.65
Acre
$14,135,086
Price per Acre
28,506
Sq Ft Lot
About This Lot
Located in the Los Feliz submarket of Los Angeles, this site is composed of three adjacent parcels totaling approximately 28,498 SF of lot area. The site dimensions are135' x 210'. Currently vacant, this site sits within the Hollywood Community Plan area and the Vermont/Western Station Neighborhood Area Specific Plan (SNAP). The site contains two zoning designations of C2-1D for the fronting parcels on Hollywood Blvd., and RD1.5-1XL for the rear parcel on Berendo St. Ownership is currently in Planning with a 90-unit project. The site is eligible for numerous state and local incentives which would permit up to 120 units in a State Density Bonus (AB 1287) project and unlimited density in a Mixed-Income, Affordable Housing Incentive or ED1 project. Potential buyers are encouraged to review the land use memo provided in the Virtual Deal Room. The area around the site, Los Feliz and Silverlake, offer a dynamic and appealing lifestyle in Los Angeles, characterized by a vibrant cultural scene, diverse culinary experiences, access to green spaces like Griffith Park and the Silver Lake Reservoir, and a strong sense of community. While Silver Lake leans towards a trendier, more eclectic vibe, Los Feliz offers a slightly more established and classic Los Angeles charm. Both neighborhoods provide a rich urban experience with a wealth of amenities and attractions that draw residents and visitors alike. During the past 12 months, about 290 net new apartments delivered in the East Hollywood Submarket. The East Hollywood Submarket currently has around 1,300 units under construction, which will expand unit count in the submarket by 3.7% once all developments complete. Please visit the Property Website to execute the Confidentiality Agreement and access the Virtual Deal Room.
Property Details
Property Type
- Land
Est. Annual Taxes
- $107,531
Year Built
- 1963
Lot Details
- 0.65 Acre Lot
- Property is zoned LAC2
Listing and Financial Details
- Assessor Parcel Number 5589-030-030
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Home Values in the Area
Average Home Value in this Area
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 | $107,531 | $8,670,000 | $8,670,000 | -- |
| 2023 | $95,261 | $7,655,521 | $6,561,876 | $1,093,645 |
| 2022 | $90,832 | $7,505,413 | $6,433,212 | $1,072,201 |
| 2021 | $89,694 | $7,358,249 | $6,307,071 | $1,051,178 |
| 2019 | $86,990 | $7,140,000 | $6,120,000 | $1,020,000 |
| 2018 | $86,223 | $7,000,000 | $6,000,000 | $1,000,000 |
| 2017 | $27,250 | $2,077,359 | $1,428,188 | $649,171 |
| 2016 | $26,576 | $2,036,628 | $1,400,185 | $636,443 |
| 2015 | $26,187 | $2,006,037 | $1,379,153 | $626,884 |
| 2014 | $26,375 | $1,966,743 | $1,352,138 | $614,605 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $9,250,000 | -- | -- |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $8,500,000 | Chicago Title Company | |
| Grant Deed | $7,000,000 | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,525,000 | New Conventional | |
| Previous Owner | $4,000,000 | Commercial | |
| Previous Owner | $5,985,000 | Commercial |
Source: Public Records
Similar Properties in Los Angeles, CA
Source: The MLS
MLS Number: 25534959
APN: 5589-030-030
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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