Property summary
This exceptional 0.11-acre land parcel, located at 7576 Hollywood Blvd in Los Angeles, CA 90046 (APN 5550-008-001), presents a unique investment opportunity. Zoned LAR3, it's approved for both commercial and residential development, catering to the high demand for housing in the vibrant Hollywood area. The property's strategic location offers convenient access to major freeways and public transportation, ensuring excellent connectivity throughout Los Angeles. Given Hollywood's ongoing economic growth and revitalization, this site is poised to benefit from the area's increasing desirability among businesses and residents. The established infrastructure further enhances the development potential, making it an attractive proposition for investors and developers seeking to capitalize on the thriving Hollywood real estate market. The property's size and zoning flexibility allow for the creation of luxury apartments, condos, or townhomes, catering to the diverse needs of the local population. This is a rare opportunity to acquire a prime piece of land in a highly sought-after location. Note that property photos are virtually staged.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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