Land Near Hollywood
For Sale
Contact for pricing
1269 Lyman Pl, Los Angeles, CA 90029
Vacant land near medical center, redevelopment opportunity.
Days on Market940
Property Features for 1269 Lyman Pl
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Korus Real Estate
(213) 251-9000
Listed By:
Mark Hong · License #CA
Source:
Crexi
Added: Jan 3, 2024
Changed: Jul 6
Last Checked: Jul 30 at 11:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Korus Real Estate
Investment Insights
Based on property information with market context.
This vacant land parcel presents a redevelopment opportunity adjacent to the Hollywood Presbyterian Medical Center. The zoning is C2-CSA1 (Tier 3) and is part of the East Hollywood SNAP Plan, allowing for a 3.0 / 1 Floor Area Ratio (FAR). A 4.5 / 1 FAR is possible for hospital development, with a height limit of up to 200 feet. Childrens Hospital Los Angeles and Kaiser Permanente Medical Center are within walking distance. The property is also within walking distance of the Metro Rail (Red Line) at Vermont and Sunset, offering convenient access to the 101 Hollywood Freeway.
Key Highlights
- Redevelopment opportunity with C2‑CSA1 (Tier 3) zoning.
- Potential for increased Floor Area Ratio (F.A.R.) of 4.5 / 1 and up to 200 ft height limit for hospital development.
- Adjacent to Hollywood Presbyterian Medical Center.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,148
Businesses Nearby
Explore this area
Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Market
Properties on Market for Commercial land in Los Angeles County
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant land near medical center, redevelopment opportunity.
Where is this commercial land located?
The property is located at 1269 Lyman Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Redevelopment opportunity with C2‑CSA1 (Tier 3) zoning.; Potential for increased Floor Area Ratio (F.A.R.) of 4.5 / 1 and up to 200 ft height limit for hospital development.; Adjacent to Hollywood Presbyterian Medical Center.
