Developers'/Investors' dream looking to develop condominiums.Phenomenal opportunity to develop this rare double lot with apx 12,000 sq.ft in prime & extremely high demand area of B.H./W.Hollywd- adjacent location just off of chic & trendy Beverly Blvd & Robertson. Property zone is LA R3 which per city has a potential property base density of 14-units & in addition the State Density Bonus Law under SB1818 and LAMC section 12.22A25 may allow upto a 35% density bonus permitting a max. density of +/- 19-units. Buyer to verify all with city. Existing on the site are a fourplex & a 7-unit income producing apt. buildings.
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