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4773 Hollywood Blvd
Los Angeles, CA 90027
Hollyhock Development Site | Los Feliz · Land For Sale
·
0.65 AC
Investment Highlights
- Large Corner Lot Opportunity in Prime Los Feliz
- Variety of Entitlement Paths Including State Density Bonus, MIIP, AHIP, ED1
- Highest Resource and DDA
Executive Summary
CBRE, Inc., as exclusive advisor to the Seller, is pleased to present 4773 Hollywood Blvd. located in the Los Feliz submarket of Los Angeles. This site is composed of three adjacent parcels totaling approximately 28,498 SF of lot area. The site dimensions are ±135’ x ±210’.
Currently vacant, this site sits within the Hollywood Community Plan area and the Vermont/Western Station Neighborhood Area Specific Plan (SNAP). The site contains two zoning designations of C2-1D for the fronting parcels on Hollywood Blvd., and RD1.5-1XL for the rear parcel on Berendo St.
The site is eligible for numerous state and local incentives which would permit up to ±120 units in a State Density Bonus (AB 1287) project and unlimited density in a Mixed-Income, Affordable Housing Incentive or ED1 project. Potential buyers are encouraged to review the land use memo provided in the Virtual Deal Room.
Los Feliz and Silverlake offer a dynamic and appealing LA lifestyle, characterized by a vibrant cultural scene, diverse culinary experiences, access to green spaces like Griffith
Park and the Silver Lake Reservoir, and a strong sense of community. While Silver Lake leans towards a trendier, more eclectic vibe, Los Feliz offers a slightly more established
and classic Los Angeles charm. Both neighborhoods provide a rich urban experience with a wealth of amenities and attractions that draw residents and visitors alike.
Los Feliz is an incredibly supply constrained market with fewer than 100 units of new supply construction starts in 2025 across the greater Los Feliz/East Hollywood submarket per CoStar. Current construction activity in this submarket will expand housing supply by a meager 1% upon completion. Significant new supply is not anticipated for the foreseeable further thanks to capital markets constraints and subsequent low permit activity.
Please visit the Property Website to execute the Confidentiality Agreement and access the Virtual Deal Room.
Currently vacant, this site sits within the Hollywood Community Plan area and the Vermont/Western Station Neighborhood Area Specific Plan (SNAP). The site contains two zoning designations of C2-1D for the fronting parcels on Hollywood Blvd., and RD1.5-1XL for the rear parcel on Berendo St.
The site is eligible for numerous state and local incentives which would permit up to ±120 units in a State Density Bonus (AB 1287) project and unlimited density in a Mixed-Income, Affordable Housing Incentive or ED1 project. Potential buyers are encouraged to review the land use memo provided in the Virtual Deal Room.
Los Feliz and Silverlake offer a dynamic and appealing LA lifestyle, characterized by a vibrant cultural scene, diverse culinary experiences, access to green spaces like Griffith
Park and the Silver Lake Reservoir, and a strong sense of community. While Silver Lake leans towards a trendier, more eclectic vibe, Los Feliz offers a slightly more established
and classic Los Angeles charm. Both neighborhoods provide a rich urban experience with a wealth of amenities and attractions that draw residents and visitors alike.
Los Feliz is an incredibly supply constrained market with fewer than 100 units of new supply construction starts in 2025 across the greater Los Feliz/East Hollywood submarket per CoStar. Current construction activity in this submarket will expand housing supply by a meager 1% upon completion. Significant new supply is not anticipated for the foreseeable further thanks to capital markets constraints and subsequent low permit activity.
Please visit the Property Website to execute the Confidentiality Agreement and access the Virtual Deal Room.
Property Facts
1 Lot Available
Lot
| Price | $8,500,000 | Lot Size | 0.65 AC |
| Price Per AC | $12,996,941.90 |
| Price | $8,500,000 |
| Price Per AC | $12,996,941.90 |
| Lot Size | 0.65 AC |
Property Taxes
| Parcel Number | 5589-030-030 | Improvements Assessment | $0 |
| Land Assessment | $8,843,400 | Total Assessment | $8,843,400 |
Property Taxes
Parcel Number
5589-030-030
Land Assessment
$8,843,400
Improvements Assessment
$0
Total Assessment
$8,843,400
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