Hollywood Development Opportunity
1201 N. Bronson Avenue, Los Angeles, CA 90038
Broker: Bryan Glenn
Phone number: (310) 996-2218
The subject property, 1201 N. Bronson Avenue and 5915 Lexington Avenue is located in the heart of Hollywood and presents a great multi-residential development opportunity. The property’s unique layout includes two corner lots with over 260 feet of frontage on Lexington Avenue. The owner has architectural drawings for a proposed 20-unit development site. There are currently no entitlements in place. Alternative potential developments may include condominiums or a small lot subdivision.**Coop Broker Fee to be Paid by Buyer**The property is located just south of Sunset Boulevard and east of Gower Street. Much of the redevelopment in Hollywood has moved directly toward the property with major projects around Sunset/Gower. This includes the 4.7-acre Columbia Square project, new Emerson College building, a Target development and much more. Particularly with the amount of new office and retail space going in nearby and the need for more housing nearby, this is a truly prime opportunity.