Asking Price: $1,650,000

Attention Developers! Incredible 9-units development opportunity in the heart of Hollywood in a rapidly growing high demand rental area near Sunset Bronson Studios and Netflix, around the corner from the long awaited Sears development by the CIM Group. Property will be delivered with RTI permits to build a boutique 9-unit luxury apartment building with ground level parking garage and rooftop deck. Existing duplex will be delivered VACANT at close of escrow, ready to be demolished. Unit mix of the proposed project consists of 3x 3+3 units, 1x 2+2 unit, 2x 1+2 units, and 3x large studio units, with total interior rentable area of 9,282 square feet (excluding balconies, common areas and surface parking).