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Description: A unique opportunity to purchase a 15,000 sq ft lot in the heart of Hollywood. The land is zoned as DH-1 ( low intensity multifamily district) which can be developed into a variety of developments. Lots can be developed either as a single family, 2 single family, or split home, or up to 4 town homes or a fourplex currently. FAR is 1.25 which yields a 12000sq/ft one story building or up to 3 stories of a 4000 Sq ft building. City is planning to put in sewers in the next 3 to 4 years which will increase the development opportunity of building up to 10 units on the site. Currently there is a 1093 sq ft single family home on the property with an income of $1,200 per month with a 45 day termination.

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Interested in this property? Contact me for more information.

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