This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
5200 Fountain Ave
Los Angeles, CA 90029
5200 Fountain Avenue · Land For Sale
·
0.11 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.11 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Mixed Use | ||
| Zoning | LAR3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.11 AC |
| No. Stories | 1 |
| Zoning | LAR3 |
DESCRIPTION
OWNER--USER--DEVELOPER ALERT!!!! R-3-zoned CORNER LOT in prime HOLLYWOOD location nearby Silverlake/Los Felix/Downtown/Korea Town available FOR SALE. There are currently 3 units of commercial spaces on the lot. A newly passed T.O.C. Ordinance would allow for 10 units on this lot! It's like getting TWO LOTS for the PRICE OF ONE! A feasibility study & tour will be available upon acceptance of an offer. Buyer to check with the City as well. LAND Value only and Sold AS-IS with no exceptions. The site is in the East Hollywood neighborhood also known as “Little Armenia” of Los Angeles which is neighboring Hollywood, Echo Park, Silver Lake and Los Feliz. Excellent 4,641 SF flat lot but can develop mixed-use with views of Griffith Observatory. The property is unentitled and can be delivered vacant. Buyer to verify with the city. Buyer to cooperate with 1031 tax deferred exchange at no cost to the buyer. The broker has not verified, and will not verify, any of the information contained here makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information.
PROPERTY TAXES
| Parcel Number | 5537-013-007 | Improvements Assessment | $290,145 |
| Land Assessment | $580,292 | Total Assessment | $870,437 |
PROPERTY TAXES
