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Hollywood Development Opportunity

1201 N. Bronson Avenue, Los Angeles, CA 90038

Broker: Bryan Glenn

Phone number: (310) 996-2218

  • c6d0c10a05484a378e020721bc632252
Lot size:
13212
Last Updated 3 years ago

Description

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.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.