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626-632 N Wilton Pl
Los Angeles, CA 90004
Land For Sale
·
0.31 AC
Investment Highlights
- The current structures consist of twelve bungalow-style units consisting of one-bedroom units which will be delivered 100% vacant
- The parcels are currently zoned R3-1; there are no plans or entitlements in-place currently. Opportunity to build 17 units by-right
- Adjacent lot at 620 N Wilton Pl also available
- This offering presents a developer the opportunity to purchase a sizable lot ideal for a multifamily development project
- The Hollywood market remains one of the most desirable submarkets for living and working
Property Facts
| Property Type | Land | Total Lot Size | 0.31 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | R3-1 (Tier 2 TOC) | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.31 AC |
| No. Stories | 1 |
| Zoning | R3-1 (Tier 2 TOC) |
Description
Located between Melrose Ave and Beverly Blvd, the subject property features two parcels totaling 13,615 in the heart of the Hollywood Studio District adjacent to the Hollywood Historic Hotel.
Property Taxes
| Parcel Numbers | Improvements Assessment | $367,939 | |
| Land Assessment | $736,534 | Total Assessment | $1,104,473 |
Property Taxes
Parcel Numbers
Land Assessment
$736,534
Improvements Assessment
$367,939
Total Assessment
$1,104,473
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