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$ 1,850,000
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Active
1807 N Van Ness Avenue Los Angeles, CA 90028
8,392 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25592379
HOA Y/N No
Lot Size 8,392 Sqft
Acres 0.19
Property Sub-Type Unimproved Land
Property Description
***Build 11 units by-right with SB-79, 26 units mixed-income project with MIIP and SB-79, and an affordable housing project with no max density*** 1807 N. Van Ness Ave presents a development-ready opportunity in one of Hollywood's most desirable pockets north of Hollywood Blvd. Set on an 8,392 SF flat lot zoned RD1.5-1XL, and located 0.5 miles north of the Hollywood/Vermont Red Line Metro station, this lot is eligible for SB-79 incentives. There are multiple paths for redevelopment, including 11 units by right, up to 26 units for a mixed-income project, and no maximum density for an affordable housing project. The site will be delivered vacant at the close of escrow, and a BrickWork development report is available in pages. 9-11 of the marketing package. The neighborhood continues to attract transformative investment, with nearby projects like the 6007 Sunset campus and the $1 billion Star tower, designed by Foster + Partners. Hollywood and Sunset Blvds are lined with new mixed-use and multifamily developments that are reshaping the corridor. Several blocks from the heart of Franklin Village, 1807 N. Van Ness is near a stretch of quaint cafes, small boutiques, and heavily visited grocers. In addition, major employers such as Netflix, Paramount, Viacom, Sunset Bronson Studios, Eme
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Exterior
View Y/N true
View City Lights, Hills
Building
New Construction No
Others
Tax ID 5586029017
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Listed by Max Berger • Compass
