Main picture is an artists rendering. Existing 8 units that could be re-developed. 2 adjacent R3 parcels from Tamarind to Bronson on Lexington currently comprised of a single family house, a 4 plex, another single family house and a duplex. Included APN's are 5534-009-12 and 5534-009-013. Combined lot dimensions are approx 50' X 264'. 364' of street frontage. Prime Hollywood location. All units are in a decent recently renovated condition. Opportunity for redevelopment for up to perhaps 10 Small Lot Subdivisions or 16 "build by right" apartments. Or up to 24 units with density bonus. Another obvious plan could be to re-position the 2 properties for much higher rents as it is. All proposed scenario's to be evaluated by experts engaged by potential Buyer. Listing office makes no representations as to maximum buildability.
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