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5945 Gregory ave
Los Angeles, CA 90038
Prime Vine Street Hollywood Development · Land For Sale
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0.45 AC
Investment Highlights
- ±19,530 SF land area with excellent frontage (approx. 130 feet along Vine Street)
- Tier 3 TOC designation – maximum density bonus and incentive eligibility
- ED1 eligible – streamlined entitlement
- Zoning: [Q]C2-2D-CPIO (Broad commercial and residential uses permitted)
- AB2097 eligible – parking reductions available
- Prime infill location surrounded by active development and employment centers
Property Facts
| Property Type | Land | Total Lot Size | 0.45 AC |
| Property Subtype | Commercial | ||
| Zoning | [Q]C2-2D-CPIO - ±9,255 SF Improvements | ±19,530 SF Land | [Q]C2-2D-CPIO | Tier 3 TOC | AB2097 & ED1 Eligible | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.45 AC |
| Zoning | [Q]C2-2D-CPIO - ±9,255 SF Improvements | ±19,530 SF Land | [Q]C2-2D-CPIO | Tier 3 TOC | AB2097 & ED1 Eligible |
Description
5945 Gregory Avenue (also known as 848-862 Vine Street) is a ±19,530 square foot parcel improved with ±9,255 square feet of existing structures, located in the heart of Hollywood. The property offers approximately 130 feet of frontage along Vine Street and is zoned [Q]C2-2D-CPIO, allowing for a wide range of commercial and residential uses. The site carries Tier 3 TOC designation, and is AB2097 and ED1 eligible, offering multiple paths for redevelopment, density bonuses, parking reductions, and streamlined entitlement processing.
Property Taxes
| Parcel Number | 5534-030-024 | Improvements Assessment | $164,721 |
| Land Assessment | $399,595 | Total Assessment | $564,316 |
Property Taxes
Parcel Number
5534-030-024
Land Assessment
$399,595
Improvements Assessment
$164,721
Total Assessment
$564,316
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