Sold
Listed By:
Luda Rosenbaum with Compass;
Sold By:
Compass
Address
1202 N Gordon Street, Los Angeles, CA
Price
$ 1,020,000
Property Attributes
  • MLS#23314823
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90038
  • Style
  • Price$ 1,020,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,504 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

HUGE PRICE REDUCTION!!! AMAZING INVESTMENT/DEVELOPMENT OPPORTUNITY IN HEART OF HOLLYWOOD! This corner lot is R3 zoned and has TOC Tier 2 Development Opportunity with potential to build 8 units or possibly more! (Buyer to verify). The area is extremely active with new development, continues to see strong demand, and is fueled by ongoing high economic growth. Property is located in heart of Hollywood and is surrounded with neighbors like Netflix, Viacom, Sunset Gower Studios, NBC Studios, Paramount Studios, etc. Property used to have two duplexes. One of them was damaged by fire. Currently there is one duplex remaining (approximately 1300 sq.ft.) and produces approximately $3,800/month. Unlock the full potential and build a multi unit complex with rooftop views of the Hollywood Sign!

Price History
9/25/2023 Listed $1,225,000
11/10/2023 11% - $1,100,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90038

Price
AVG $2.28M
$1.02M