Hollywood Triplex investment opportunity with tremendous upside. Zoned for multi family development adjacent to Silverlake. The Property's Proximity To The Sunset Junction, Los Angeles City College And The Metro Station Provide Convenient Housing in Gentrifying Sub-Market . Property is zoned R3 that allows nine units by right, Developers can also take advantage of a Tier 2 TOC Bonus and receive a 60% unit count increase, 45% increase in FAR and height bonus of 1 story up to 11 feet (Buyer to verify) Each unit comes with washer/dryer hook up ideal for tenants. Two of the units are vacant and are ready to be brushed up for new tenants. Additional room attached to the main house without permits.
Based on information from California Regional Multiple Listing Service, Inc. as of April 16th, 2021 at 6:37am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.