1222 N Beachwood Dr Los Angeles, CA 90038
Development opportunity in Hollywood with entitlements for 11 units.
Property size:
6,752 SFLot size:
6.00 AcresProperty Features for 1222 N Beachwood Dr
General Information
- Size
- 6,752 SF
- Lot size
- 6.00 Acres
Source:
Svn
Listing Agent: Alejandro Hinostroza
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hollywood Development Opportunity: 11 Units
Located in the Hollywood submarket, this development opportunity features entitlements for 11 units. The proposed development includes a modern, contemporary design with a 3-story mid-rise wood-frame podium style structure and subterranean parking. The architectural set, schematics, and budgets are available upon request. The development is planned for 8 market-rate units and 3 low-income units. The market-rate units include two 1-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit, and five 3-bedroom/3-bathroom units. The low-income units include two 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit. The lot size is approximately 6,752 square feet and is zoned R3. Currently, the land is vacant. The estimated gross area of the proposed development is 11,083 square feet. Proposed parking includes 14 spaces for cars and 24 spaces for bicycles. The property is located in the Hollywood Studio District neighborhood and is near Hollywood attractions, Santa Monica and Sunset Boulevards, the 101 freeway, Hollywood Playground, Hollywood Recreation Center, and the Rudolph Valentino Memorial. The location has a Walk Score of 89, indicating it is very walkable.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3210431
- Latitude
- 34.093233
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FAQs
What type of property is this?
Land - Development opportunity in Hollywood with entitlements for 11 units.
Where is this land located?
The property is located at 1222 N Beachwood Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: - RTI permits deliverable by close of escrow (estimated 3 months to obtain, permits paid by Buyer).; - Approved development opportunity for **11 modern units** (8 market rate, 3 low income) with complete architectural set, schematics, and budgets available.; - Located in the heart of Hollywood, a highly desirable and walkable area (**Walk Score of 89**).